AoT is a game changer for the healthcare industry. It is transforming the healthcare industry by lowering costs, increasing efficiency, and putting the focus back on patient care. Healthcare organizations globally have heavily invested in IoT to bring about new innovations. The increasing trend of wearable medical devices has become pivotal to healthcare practitioners to remotely monitor patient health and improve the quality of care monitoring for various parameters including heart rate to blood oxygen levels.
By implementing AoT in the healthcare industry, it is now possible to connect any wearable or portable device to the cloud, pull and analyze collected patient data in real time, monitor patients at home using live video and audio streaming, monitor vital health indicators collected by portable devices such as smartphones and tablets, set intelligent emergency notifications sent to a physician or family, and make charts and diagram visualization based on data collected from health monitoring devices. Apart from this, all the technological advancements in this industry are indirectly supporting the growth of AoT in this vertical.
IoT Analytics in Healthcare and Life Sciences
Oracle provides an IoT platform to develop new IoT services quickly, using Oracle portfolio of products. This enables organizations to handle growing volumes of data, streamline application development and deployment, automate integration of data, and protect the data across the entire IoT value chain. Oracle provides a variety of IoT analytics solutions, including Oracle IoT Cloud Platform as a Service (PaaS) and Oracle IoT applications with built-in analytics for Key Performance Indicators (KPIs), anomaly detection, comparative analytics, and predictive analytics. Oracle also provides an IoT cloud service which is a secure and scalable platform to quickly build and deploy IoT applications, and capture and analyze IoT data.