Value-added services key to M2M providers success in healthcare, says Frost
Machine-to-machine (M2M) providers for the healthcare sector will need to offer value-added series along with connectivity in order to be successful, advises Frost & Sullivan in a new report.
M2M providers will also need to cope with M2M device fragmentation, understand local regulations and be capable of dealing with a range of industry stakeholders.
"Providing value-added services such as legal compliance, analytics, consulting and integration will require the creation of a sustainable ecosystem of stakeholders and collaboration partners from both the healthcare and technology industries," notes Malgorzata Filar, an information and communication technology research analyst with Frost & Sullivan.
To tap into this market, mobile network operators (MNOs) have begun supplying M2M-enabled solutions for various applications including remote patient monitoring, medical asset tracking and healthcare workflow organization.
"MNOs are well-placed to participate in shaping future healthcare delivery as they own the essential communications infrastructure needed for mobile communications to become a core tool in the industry. They have also built trust with their customers and can supply user-centric services," says Filar.
"MNOs must build health-related resources and expertise to be able to offer highly specialized M2M solutions. Designing a powerful M2M infrastructure supporting various healthcare needs and securing medical data hosting capabilities will also prove essential," she adds.
- check out the Frost release