Welcome!

News Feed Item

Ricoh Europe: Technology is Healthcare's Biggest Driver of Change but Executives Fear Impact on R&D

European healthcare executives (51 per cent) predict that over the next three years technology platforms will have the biggest impact on their business models, however they are wary that in driving rapid change the biggest areas at risk are 1) technology itself and crucially 2) R&D. The majority (71 per cent) believe their organisations need to change faster over the next three years if they are to be ready for the future and 78 per cent are feeling the pressure to change. The findings come from a new study called The Challenge of Speed, conducted by the Economist Intelligence Unit and sponsored by Ricoh. Healthcare respondents were from hospitals, medical device manufacturers and pharmaceuticals.

Carsten Bruhn, Executive Vice President, Ricoh Europe says, “Healthcare leaders know there is a lot to do and they need to change faster – the European Commission's eHealth Action Plan also covers many areas for change, from patient rights in cross-border healthcare to funding advanced R&D to ensuring that electronic health record systems are compatible internationally. But what do they start to change first, ensuring their R&D is protected?”

The study reveals that healthcare executives are fragmented. When asked where adapting to change was most crucial, they rated improving core business processes (34 per cent), recruiting new staff (34 per cent), attracting and retaining customers (34 per cent), optimising their supply chain (34 per cent) and adopting new technologies (32 per cent) with equal importance.

However, when specifically considering where they expect to see the most change in the next three years, the most cited response from healthcare executives was ‘improving their core business processes’. What’s more, almost half rate data analytics as the technology with the most potential to improve healthcare over the next three years, much higher than any other industry (42 per cent versus average 29 per cent for respondents from all sectors).

Bruhn says, “Improving healthcare’s core business processes is without doubt the key starting point. It is also certain that data analytics will play a key role in preventative healthcare measures and direct future R&D. Healthcare leaders also need to focus on the digital transformation of document-heavy patient record systems. By doing so, they will have quicker access to information when they need it, while protecting confidentiality needs and dedicating more time to patient care.”

In the race to modernise more traditional ways of working and to realise the vision of the eHealth Action Plan, healthcare leaders also emphasise two significant barriers that are preventing them from making it happen more quickly. The first is the lack of a clear business case and the second is due to time constraints on healthcare professionals. In addition to the barriers to speed, the survey reveals additional bottlenecks to increasing overall agility. The challenge of effectively linking technology platforms is ranked first and the presence of multiple and potentially conflicting initiatives is ranked in second place.

The healthcare industry is confronted with an overwhelming challenge when it comes to speeding up the progress of digital transformation. However, as this latest study shows, while technology platforms will have the biggest impact on business models, healthcare leaders are clear that’s not where the obstacles and bottlenecks lie.

Bruhn says, “The healthcare sector is not being held back due to a lack of investment in the right technology. Instead, as this study shows, it’s the processes behind the technology and the need for the right business case to optimise them. With the right support they can review existing processes and design an improvement plan. This will allow the IT systems already in place to be to integrated more effectively and time consuming administrative processes to be significantly reduced. Then with this renewed focus and the time saved, healthcare professionals will have more hours each day to focus on their R&D programmes and their absolute priority of delivering excellent healthcare services.”

For more insights into the challenge of speed facing healthcare organisations, visit www.ricoh-europe.com/thoughtleadership to download the full article and infographic and watch the video.

-ends-

| About Ricoh |

Ricoh is a global technology company specialising in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2013, Ricoh Group had worldwide sales of 1,924 billion yen (approx. 20 billion USD).

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialised industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

Under its corporate tagline, imagine. change., Ricoh helps companies transform the way they work and harness the collective imagination of their employees.

For further information, please visit www.ricoh-europe.com

| About the Research |

The report is based on a survey of 461 senior, Europe-based executives from a wide variety of industries. Their companies include a range of sizes. The survey sample is senior, with 49 per cent C-level or above and a further 23 per cent SVPs, VPs, or directors. In addition, the EIU conducted in-depth interviews with corporate leaders and noted experts as well as substantial desk research.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...