All tagged Healthcare

Supply Chains and Counterfeit Drugs

Supply Chains and Counterfeit Drugs

Kofo Are
Healthcare

According the World Health Organisation (WHO) counterfeit drugs are estimated to have kill 250,000 children a year. With an estimated 1 million adults suffering a similar fate. Counterfeit drugs have also contributed to an increase in drug resistance in treating serious global diseases.

Counterfeiting is a high-volume high profit business the poses health risks, infringes on intellectual property rights, medicines legislation and other aspects of criminal law. Indirect impacts are loss of revenue for pharmaceutical companies, brand damage and decreased public confidence.

IoT and Recommendation Systems

IoT and Recommendation Systems

Kofo Are
mHealth

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Near – field communications, real-time localisation and embedded sensors turn everyday objects into smart objects that can understand and react to their environment.

The Consumerisation of Healthcare

The Consumerisation of Healthcare

Kofo Are
mHealth

There are a total of 325,000 mHealth apps available worldwide, in various app stores, with an estimated 3.7 billion downloads in 2017. The number of downloads in 2010 was 200 million an increase of approximately just over 1800% over 7 years.

mHealth apps widen access to healthcare information and have fewer temporal (what does this mean?), geographical and organisational barriers.

AI, in Bioactivity Prediction to aid Drug Discovery

AI, in Bioactivity Prediction to aid Drug Discovery

Kofo Are
Healthcare

The current cost of developing a new drug is approximately US$2.5b. This number has been steadily on the rise, nearly doubling every nine years. According to Frost and Sullivan AI has the potential to improve outcomes for medical imaging and diagnosis process by 30-40% and reduce costs of treatments by as much as 50%, with a greater impact on patients as a result of earlier diagnosis. 

Data Sharing Frontiers and Healthcare

Data Sharing Frontiers and Healthcare

Kofo Are
Blockchain

We are migrating to a world that is being transformed fundamentally from and analogue, to digital to a data-driven world. The Blockchain is the next major infrastructural layer of the internet. Blockchains are the fundamental new architecture for data, identity, and financial transactions.

This transformation encompasses all societal systems, such as traffic, healthcare, government, and supply chains. It is enabling these systems to be quantified, drive efficiency, remove opacity and complexity across a myriad of industry sectors.

In fact, a World Economic Forum survey suggested that 10% of global GDP will be stored on the Blockchain by 2027.