Academic MBA Question:
Q: Internet of Things (IoT)-enabled devices have made remote monitoring in the healthcare sector possible, unleashing the potential to keep patients safe and healthy, and empowering physicians to deliver superlative care. It has also increased patient engagement and satisfaction as interactions with doctors have become easier and more efficient. Furthermore, remote monitoring of patient’s health helps in reducing the length of hospital stay and prevents re-admissions. IoT also has a major impact on reducing healthcare costs significantly and improving treatment outcomes. IoT is undoubtedly transforming the healthcare industry by redefining the space of devices and people interaction in delivering healthcare solutions. IoT has applications in healthcare that benefit patients, families, physicians, hospitals and insurance companies. The healthcare industry is rapidly adopting new-age technologies such as Machine Learning and Artificial Intelligence to improve access and outcomes, especially in rural areas. In this scenario, it is the responsibility of businesses to ensure that the technology acts with responsibility and transparency. In recent years, India has seen increased IoT adoption in education, governance and financial services. IoT Technology has made it possible for doctors to see and interact with patients who are located far, with smart login devices. The patients’ medical data and case history are automatically transmitted to the doctor for analysis. (Source:https://www.analyticsinsight.net/iot-healthcare-exposed-serious-cyber-attack-risk/)
- What are the potential cyber security challenges in using IoT in healthcare?
- Enlist a few areas in which IoT can be used in healthcare. Identify the benefits of using IoT in healthcare in a developing country like India.