Leveraging automation and data analytics can help facilitate innovation and financial stability.
Companies developing technologies that integrate AI need to consider regulatory concerns, community demographics, fitting into existing workflows, technical proficiency of both the hospital personnel and consumers.
A lot of promises are made by organizations about making systems more intuitive, convenient and user-centric, but in reality most improvements tend to be designed to meet regulatory or internal system needs rather than better serve the people who use them. The user experience needs to be modernized, especially in heavily regulated industries where inaccurate or non-compliant labeling is laden with risk.
The revolution in data and technology should be pushing companies to focus on safeguarding intellectual property.
Using automated technologies can help medtech manufacturers de-risk their supply chain, increase productivity and save costs.
The medical device industry has more than its share of challenges, from regulations and changing business environments to the need to drive down costs and compete on price, all the while accelerating their ability to accelerate the process from order entry to order fulfillment.
Today’s business operations environment demands faster, more tangible returns.