Looking ahead to a more connected era of healthcare

When Frederick Philips bought a small factory in the Dutch town of Eindhoven in 1891, he manufactured light bulbs and exported them globally, just as the world was embracing electrical lighting. In an unexpected twist, in a physics lab opened for research into new and improved electrical products, Philips in 1918 developed a medical X-ray tube and set off on a long journey to become one of the world’s leading diagnostic and healthcare companies. Over the years, Philips has continued to innovate, applying new technology from many disciplines to the world of healthcare. Now, more than ever, the future of healthcare is poised for a revolution; a revolution based on applying the technology of cloud computing, internet of things, and mobile apps to the healthcare sector. Just as Philip’s X-ray tube emerged from a light bulb company, modern disruptive healthcare solutions are emerging from high-tech and data-analytic companies. Such solutions have the potential not only to improve human life but will also save the United States alone as much as $300 billion a year, according to Goldman Sachs. In fact, the...

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