Telematics Weekly

industry insight, news and interviews paid sponsor: Sancomm, Inc. Free Subscription March 10, 2010

I was recently asked to prog­nos­ti­cate on what I believed to be the next sig­nif­i­cant trend in this tumul­tuous mar­ket. I have a num­ber of pre­dic­tions, but let’s focus on recent events. The Repub­li­can Party’s his­toric win for the open Sen­ate seat in the state of Mass should effec­tively kill the president’s cur­rent Health Care Leg­is­la­tion. Within this pro­posal is a strong effort to decrease cost of man­aged care by uti­liz­ing new tech­nolo­gies, i.e. Telemed­i­cine. Recent advances in tech­nol­ogy and wire­less con­nec­tiv­ity has opened up a plethora of appli­ca­tions for the use of mobile devices which will give prac­ti­tion­ers, med­ical cen­ters and hos­pi­tals new tools for man­ag­ing patient care, records, billing, etc. High-​​tech bell­wethers like Cisco, Qual­comm, Microsoft, Intel, Google and car­ri­ers Ver­i­zon, AT&T, Sprint and oth­ers have ded­i­cated sig­nif­i­cant resources and fund­ing for what is expected to be a $3+ bil­lion mar­ket over the next few years. In addi­tion, the FCC’s focus on adopt­ing a national broad­band plan cre­ates a land­scape of oppor­tu­ni­ties for large and small busi­nesses alike. So, if I’m read­ing my tea leaves cor­rectly, Telemed­i­cine should pro­vide a very favor­able envi­ron­ment for con­tin­ued growth — regard­less of the changes that are sure to come in the polit­i­cal arena.