Artificial Intelligence is deemed to be the main driver of the 4th Industrial Revolution. Investment in AI has grown at a phenomenal rate with companies investing $26-39bn in 2016. Adoption in 2017, however, remains low. As a result, this has spurred companies from every industry to seize the trend and innovate – from virtual assistants to cybersecurity to fraud detection and much more.
This week Bangalore will witness the 2nd Smart Tech Healthcare Summit 2018 at the Grant Hyatt/Movenpick Hotel on the 1st and 2nd of February. The theme of the summit this year is
” Streamlining New Horizons of Technology in Healthcare”
The summit provides a common platform for the industry and other stakeholders to come together to discuss the key challenges, learn from the best practices adopted across the country and ensure their firm is positioned to comply with digital health trends in the evolving industry.
According to a recent report by Pharmaion, medical imaging equipment market in India is to cross US$ 1.6 billion by 2021. Majority of this growth is tipped to happen in developing nations such as India and China. Rising patient population, the launch of low-cost diagnostic imaging equipment, the rise in the number of hospitals and diagnostic centers, growing awareness regarding early diagnosis of diseases, and technological advancements are the main drivers for the cultivating medical imaging market in India.
For decades, people in India, are being deprived of clean and safe drinking water and this perennial problem has been increasing exponentially both in urban as well as rural parts of the country. Try and digest this statistic: nearly 60% (76 million) of people in India do not have access to safe drinking water due to rising pollutants in the existing water sources, lack of effective methods of purifying water (both at the source and household level) and poor storage infrastructure. Regular spillage of heavy industrial waste and agricultural activities into the river and groundwater has led to the influx of high amount of toxic materials into the drinking sources of water. There is not even a single Indian city which can provide clean water that can be consumed from the tap on a 24×7 basis. According to the recent statistics published by the World Bank, over 75% of the communicable diseases in India are water related. There are no concrete solutions at the central or state levels to manage water quality, and no adoption of cost-effective technologies to provide clean drinking water.
Prabhakaran is a 53 years old retired blue collar worker. He used to work in an electrical factory. During the course of his work, he developed a chronic cough and…