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liveworx.com #LIVEWORX INDUSTRIAL IOT ANALYTICS & HEALTHCARE INDUSTRY Puneet Pandit, Founder CEO, Glassbeam Inc. Gopal Sundaramoorthy, President Americas, Cetas Healthcare
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INDUSTRIAL IOT ANALYTICS & HEALTHCARE INDUSTRY › sites › default › files › LiveWorx... · 2018-04-24 · Huge Potential for IoT Impact in Healthcare industry Predicted global

Jul 01, 2020

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Page 1: INDUSTRIAL IOT ANALYTICS & HEALTHCARE INDUSTRY › sites › default › files › LiveWorx... · 2018-04-24 · Huge Potential for IoT Impact in Healthcare industry Predicted global

liveworx.com # L I V E W O R X

INDUSTRIAL IOT ANALYTICS & HEALTHCARE INDUSTRY

Puneet Pandit, Founder CEO, Glassbeam Inc.

Gopal Sundaramoorthy, President Americas, Cetas Healthcare

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# L I V E W O R X 2

OBJECTIVES OF TODAYS SESSION

•Why Industrial IoT Analytics & Healthcare – Key Trends

•Healthcare Providers & Manufacturers – Different Use Cases

•Real life examples & Case Studies

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# L I V E W O R X 3

ABOUT GLASSBEAM

Recognized Leader in IoT Analytics

The Internet of Things (IoT) with an ever-growing number of inter-connected machines, systems and devices generates vast

amounts of data called “Machine Data” that is complex in variety, volume and velocity. Glassbeam knows how to handle this complexity through its patented cloud-based technology.

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# L I V E W O R X 4

ABOUT CETAS HEALTHCARE

We help our clients solve critical problems and make impactful decisions using insights derived from data and analytics

www.cetas-healthcare.com

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# L I V E W O R X 5

Huge Potential for IoT Impact in Healthcare industry

Predicted global worth of IoT in

healthcare industry by 2025

$2.5 Trillion

Source: GE, Intel

Deployment of Industrial Internet

can help to drive down costs

from clinical and operational

efficiencies by roughly 25% or

over $100 Billion per year

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# L I V E W O R X 6

What is Common Amonst All These Medical Machines?

All these machines are increasingly connected on the Net or secure WiFi

They all generate vast amounts of operational and procedural log data

These are all highly engineered expensive machines

Manufacturers are waking up to the value of this Big Data Analytics

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# L I V E W O R X 7

• Two Different Segments – Two Different Use Case Types

Manufacturers Provider Hospitals

Improve Service Management

Derive Product Insights & Usage Intelligence

Recover “Lost” Revenues with higher System Uptime

Manage Assets & Track Inventory

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# L I V E W O R X 8

MEDICAL DEVICE MANUFACTURER MARKET – IMAGING EQUIPMENT

60% of North American medical imaging

equipment is connected

Top 5 OEMso GE Healthcareo Siemenso Philipso Toshibao Hitachi5% CAGR WW unit growth

2015-2020 in Imaging Equipment Market

500K to 750K

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# L I V E W O R X 9

BUSINESS IMPACT EXAMPLE ON MANUFACTURER MARKET

Potential IoT solutions:• Remote connectivity and remote management• Automated troubleshooting and diagnostics with Rules Engine• Machine learning & Predictive analytics

Expected ROI:

50% reduction in parts replacement resulting in $millions savings per year

80% Mean Time to Resolution (MTTR)

$2,000 reduction in service costs for machines repaired remotely

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# L I V E W O R X 10

Ultrasound Machine Manufacturer - Use Case

• Customer Portal:

• Machine inventory and utilization patterns

• Comparison of exam time per Sonographer

• Improve training modules based on metrics observed

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# L I V E W O R X 11

Ultrasound Machine Manufacturer - Use Case

• Product Management & Engineering:

• Application & Feature Usage

• # of images per exam

• # of user operations per exam

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# L I V E W O R X 12

Ultrasound Machine Manufacturer - Use Case

• Global Support & Services organization:

• Identify issue signatures

• Trend sensor readings with thresholds

• Recommendations and corrective action

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# L I V E W O R X 13

Asset Utilization

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# L I V E W O R X 14

Operator Utilization

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# L I V E W O R X 15

Support Analytics for Field engineering

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# L I V E W O R X 16

Hospital Provider Market – Case Study

Improving equipment SLA for MRI and CT Scan from 99% uptime to 99.9% uptime resulting in $6.5M recovered rev/year

$900K opex savings per year by proactive failure analysis on Halogen levels in MRI and Tube replacement in CT Scan machines

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liveworx.com # L I V E W O R X

VISIT US AT BOOTH 436 FOR LIVE DEMO AND DISCUSSIONPuneet Pandit, Founder CEO, Glassbeam Inc.

Gopal Sundaramoorthy, President Americas, Cetas Healthcare