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.
Telematics Weekly is where you are. To facilitate your access to our unbiased but very opinionated industry news, we have brought Telematics Weekly to your social networks. Now you can:
Expert review of architecture and design during the early development phase of a telematics device can save a company substantial time and money while maximizing market potential. The former CTO of Quake Global and lead architect of their market dominating satellite modem — Mark Jones — has formed Sancomm Inc. to provide precisely this service.
Prospective clients need to experience the value of telematics. Hard data can help prove the viability of a solution to those with vision; but many customers lack vision. Imagine the reaction a client will have when an attractive usable interface is placed in their hands. They can click, navigate and discover first-hand how telematics can improve their life. But unintuitive and unattractive user interface limits the effectiveness of this sales strategy.