Tendieci’s Post

If you are like me, hearing the words "digital twin" got me confused... What are different types of digital-twin technology? What kind of value can they bring to an organization? What kinds of organizations are already using digital twins? And how are companies using digital-twin technology? This short read answers all these questions and then some... And there are applications in healthcare too. Happy reading! #digital #digitalhealth #digitaltwin #digitaltwintechnology #healthcare https://lnkd.in/ePepn3uH

As we navigate this rapidly evolving technological landscape, the integration of digital humans and digital twinning stands out as a significant advancement. One key takeaway from my recent reading is how digital humans, like Bank of America’s Erica, are reshaping customer interactions by providing personalized and empathetic engagement. This approach not only enhances user experience but also alleviates pressure on human resources in sectors such as healthcare, where virtual assistants can monitor patients and remind them about medication. With these innovations, we can create environments that support better decision-making and human connection. How are you leveraging digital humans or digital twins in your organization to enhance interactions and efficiency?

If you have been keeping your eye on the latest technology innovations and developments, you must have come across Industry 5.0. Discover how this next phase of industrial revolution can propel your organization into the future. #industry50 #innovation #sustainability #futureofwork #technology #industry40

AI is transforming all our lives including caregivers and the older adults they care for. How are med tech companies using digital technologies to improve the quality of life of older people? Check out what the med techs say below 👇

Explore the newest customer-focused technologies! Find out how innovations are enhancing interactions and elevating experiences. Dive in now: https://lnkd.in/g4NVW99r #CustomerExperience #TechTrends #Technologies #CustomerExperience #TechInnovation #CustomerFocused #Innovation #BusinessTrends

What’s new in the world of technology? At Click4Assistance, we expect technology to continue transforming businesses. By 2025, we hope to see broad technological breakthroughs that change industries and verticals forever. Firms must implement them as they emerge to remain competitive, updating their business models as required:

Leading through innovation in MedTech Nearly one-third of global data is being generated by healthcare 💡 With nearly one-third of global data generated by healthcare, medtech companies have a unique opportunity to lead through innovation. Innovation is the lifeblood of medtech, driving advancements that improve patient care and outcomes. Johnson&Johnson’s approach highlights the importance of aligning technology road maps with business goals for scalable impact. Johnson & Johnson’s three-pillar strategy: ➡️ Modernizing core technologies to enhance operations like R&D, supply chain, and patient care. ➡️ Building enterprise digital acumen to adapt to emerging trends. ➡️ Innovating for impact - targeting impactful technologies like AI, quantum computing, and augmented reality to drive transformation. More in the article: https://lnkd.in/efkhqyns #Leadership #StrategicGrowth #MedTech

The distinction between industry leaders and laggards is often defined by how effectively a company harnesses technology for innovation. 💡 McKinsey & Company's recent global survey reveals the crucial role of an innovation-oriented culture in maximizing the benefits of technology investments. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐦𝐚𝐢𝐧 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐚𝐧𝐝 𝐢𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐢𝐭: ➥ Organizations with a culture deeply embedded in innovation are twice as likely to effectively scale their digital transformations compared to those with less emphasis on innovation, as demonstrated by companies with strong innovation cultures reporting a 45% success rate without stalling, compared to just 34% and 21% for those with average and weak innovation cultures respectively. ➥Companies frequently encounter cultural challenges like risk aversion and resistance to technology, which can hinder the adoption of new tools and slow down digital initiatives. ➥ Innovative firms invest significantly more in R&D and deploy their technology budgets strategically to enhance competitive differentiation and establish sustainable business models. The data reveals that 62% of respondents report their innovative products lead the industry, 50% develop products faster, 58% consistently achieve market targets, 69% see significant growth through R&D investments, 63% actively discover new market segments, and 59% scale faster than the industry standard. ➥ Companies with strong innovation cultures lead in adopting new technologies like artificial intelligence to streamline operations and improve product offerings. For instance, in healthcare, AI is used to enhance medical diagnostics, while in the consumer sector, it's employed to develop new product flavors. ➥ The report concludes that companies focused on innovation and technology are not just keeping pace but are significantly outperforming their competitors in terms of revenue growth and profitability. For the full insights, check out the report below 👇 Source: https://lnkd.in/gDhZYJ5p

Technology is advancing at an incredible pace, and staying updated can be a challenge. I thought this article did a nice job of breaking down five key reports on how tech is shaping our world today. What trends stand out to you the most? Curious to hear your thoughts. https://lnkd.in/gk786n7Q #TechTrends #Innovation #FutureOfWork

Speaking about reinventing medtech with intelligent technologies,Bent Dalager, KPMG, advises that CEOs need to stand up and vouch for technology. Secondly, it needs to be used daily to change habits. #MedtechRising