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Converging Technologies and Business Models That Will Transform the Healthcare Sector Exponentially

Converging Technologies and Business Models That Will Transform the Healthcare Sector Exponentially
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Author(s): Alistair Hofert (Synapse Squared, South Africa)
Copyright: 2023
Pages: 19
Source title: Digital Identity in the New Era of Personalized Medicine
Source Author(s)/Editor(s): Ingrid Vasiliu-Feltes (University of Miami, USA)and Indira Mysore (Bloqcube Inc., USA)
DOI: 10.4018/978-1-7998-8966-3.ch003

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Abstract

“Any company designed for success in the 20th century is doomed to failure in the 21st,” says David S. Roe. In a rapidly changing world of converging technologies and business models morphing into ecosystems, there is a need for agility to deal with exponential change in healthcare and life sciences. The world used to manage scarcity of resources, capabilities, technologies, and sciences, but now we manage an abundance of the same to harness capabilities for betterment of humankind in the next decade and beyond. The purpose of this chapter is to highlight the emerging business model options enabled by exponential converging technologies over the next decade.

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