There is a huge shortage of doctors in India compared to the prevailing trends in mature markets like the US or Europe. The quality of medical care is tend to grow and will make it expensive. That will call for the Demand for high-end IT solutions to back up, says Sreedhar Veeramony, COO, Aosta Software Technologies India Limited, in a conversation with Elets News Network (ENN).
Q How has been the last year in terms of new initiatives (technology and innovations) in healthcare space?
Share your observation of it. As far as Aosta is concerned, we have made our product Browser compatible in the client machines, by which we are moving towards open environment. Apart from that, we have rolled new functionalities which are Mobile Compatible such as Management Dashboard, Patient Portal, eMAR and a doctor-friendly EMR.
Q Kindly share with us how your organisation contributed in 2018 for the Indian healthcare system.
It was a very big achievement year for us, both in terms of Business and Product Innovation. As far as business is concerned, we have shown 100% growth against industry average of 10%. We have made customers pan-India and we have also made our footprints in markets like Malaysia, Iraq, Muscat, Nepal, and Kenya.
Q With the increasing role of technological advancements and innovations in healthcare delivery, change is natural. What are you plans for 2019?
More AI and IoT related innovations will be initiated
Q How do you foresee the Indian healthcare market’s growth in 2019? What plans do you have for expansion and collaboration for this year?
Healthcare Industry is to grow at the rate of 16%. The Government has also declared world’s largest Government funded Healthcare scheme – “AYUSHMAN BHARAT”. We expect more Public and Private partnerships to happen in the years to come. All these will call for more IT enabled solutions with IoT, Machine Learning and AI to support the Growth. As mentioned earlier, we are taking initiatives in Product Innovations on the lines mentioned and we also seek business collaborations in new markets. QShed some light on your major focus areas in context of rising demand of quality, affordable and personalised healthcare from people at large.
There is a huge gap between demand and supply… still the doctors to patients ratio remains at 1: 100… which is a huge shortage of doctors in India compared to the prevailing trends in mature markets like the US/Europe. The quality of medical care is tend to grow and will make it expensive and that will call for the demand for high-end IT solutions to back up.
Q Technologies have enhanced patient care in an unprecedented manner. What are the technologies that will pave the way to transform healthcare sector in 2019?
As mentioned earlier AI, Machine Learning, IoT will play a major role