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IoT Evolution Faculty Speaks: Sam Colley of Pod Group on IoT Healthcare

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The IoT Evolution Expo and IoT Evolution Health are coming up fast, and we interviewed our speaking faculty to get a bit of a preview of what to expect from the conference.

Here, we spoke to Sam Colley, CEO, Pod Group USA, who will be a featured speaker in the following session during the week of education:

Finding Profits through Efficiencies of IoT

Read on for his thoughts:

IoT Evolution: What will be some key points you plan to hit in your session?
Sam Colley: One of the biggest barriers to achieving efficiencies and gaining profits from the IoT in healthcare is the lack of time, money and resources to develop centrally managed IoT systems. Centralizing the management and connectivity of IoT services is key to improving the flow of data between different stakeholders. The timely release of new services based on IoT solutions is also dependent on the ability to quickly create services and bill users via a centralized platform.

IoTE: What new insights can attendees expect to take home from your session?
SC: The possibility exists to deploy turnkey platforms which allow every level of the value chain in the healthcare sector to benefit from the creation of new products and services based on connected devices. From the IoT healthcare device manufacturers to the systems integrators and the healthcare organizations themselves, these hybrid platforms combine connectivity, device management and a hierarchical billing engine to enable the rapid creation, launch and billing of new services, driving recurring revenues and increasing profits.

IoTE: Can you identify a few important trends influencing your sector of the IoT which will shape the path of the industry? Why these?
SC: There has been a lot of hype around the uptake of IoT across all sectors, including healthcare, and the benefits and opportunities that this will bring. However, in reality uptake has been a lot slower than anticipated. Why? There are still many barriers to the growth of IoT deployment within enterprises. These are both technical and cultural, and include the lack of internal processes and tools to take advantage of the recurring revenues the IoT can bring, and the resistance to change in many organizations at a management level. For example, uptake in consumer IoT has been slow due to the need for new business models and the lack of integration. These issues are slowly being addressed, but until enterprises can see a way to quickly and effectively integrate these changes, IoT adoption will be slower than originally predicted.

IoTE: What are the biggest challenges facing the IoT? What are some important tools needed to overcome them?
SC: The wide variety of technologies, standards and applications and different types of connectivity (cellular, LPWAN, satellite etc.) makes adoption of IoT solutions a daunting task, particularly in industries such as healthcare where resources and budgets are tight. With more technologies being designed specifically for the IoT (e.g. LPWAN) the choice of connectivity is particularly important as it can have a big impact on the cost and quality of the service. Adoption requires a change in the mindset of the organization first and foremost, and secondly the resources and tools to bring together all these disparate elements and manage them centrally and seamlessly. This can only be achieved by using agnostic connectivity, device, and billing platforms that enable centralized control. The time and cost required to develop platforms internally has so far been a big challenge for many small and medium sized enterprises, but with the introduction of turnkey, white label management and billing engines the playing field has been leveled and enterprises are finally able to quickly introduce new, value added services based on IoT connectivity and reap the benefits of the recurring revenue they offer. 

IoTE: Which vertical markets have the most to gain from IoT implementation? Which are leading and which are still behind the adoption curve?
SC: Markets with a mission critical or remote element, such as manufacturing, transport and logistics, healthcare and utilities have a great deal to gain from the IoT to improve processes across the board, creating efficiencies which lead to a reduction in costs and increased profits. In general the "heavy" industries have been the ones to adopt IoT solutions first, with the lighter, more consumer focused applications being the slowest to see uptake.

IoTE: What session(s) (other than yours) are you most looking forward to attending at the Expo? Why?
SC: IoT Evolution Health Machine Data Analytics
IoT Evolution Health Telehealth/Remote Patient Monitoring
IoT Evolution Health Better Collaboration/Consultation with IoT

To join Sam Colley and all our other speakers at IoT Evolution Health, January 22 to 25 at the Disney Contemporary Resort in Orlando, Florida, click here to register now.


Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh
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