Tag: Indus Net Technologies (Int.)

Digital Pathways to Patient Engagement

Digital Pathways to Patient Engagement

Digital pathways are specialised systems for patients and healthcare providers, enabling them to manage the whole care process. It boosts patient engagement, streamlining overall communication, lowering overall paperwork and repetitive calls along with enabling automated administrative workflows. This results in smoother experiences for both parties with the help of health technology and dedicated digital solutions.  Personalised healthcare becomes a reality with digital pathways, while coordinating patient care throughout multiple disciplines, settings, or teams, and enabling data capture in real-time for tracking outcomes. These pathways also help foster an environment of patient education, collaborative working, and better engagement to boost adherence rates and eventual outcomes. How Digital Pathways Can Improve Patient Engagement Digital pathways can go a long way towards improving patient engagement. Here are a few pointers that can be noted in this regard:  Along with increased patient engagement, there are multiple other benefits of digital pathways as are listed below. The Benefits of Using Digital Pathways for Patient Care There are several advantages of using digital pathways for better patient care and engagement. Here are some of them: The benefits of digital pathways are numerous for both patients and healthcare providers. The best part is the fact that healthcare shifts to a more patient-centric and personalised model, which is the need of the hour today. The Future of Digital Pathways in Patient Care The future of digital pathways in patient care and engagement looks immensely bright and positive. More healthcare providers will adopt these digital solutions towards enabling patient-centric services. Here are some other pointers worth noting in this regard. The future will be more patient-driven as far as healthcare solutions are concerned. This is where digital pathways will come into play as cost-saving, efficient, and effective options for both healthcare providers and patients. FAQs 1.What types of digital tools and platforms are commonly used to facilitate patient engagement? There are several digital platforms and tools used for enabling patient engagement. These include digital check-ins, online scheduling of appointments, provider searches, digital billing, virtual waiting rooms, self-service tools, and telehealth. Other tools include patient portals, mobile apps, smart devices, care automation platforms, and remote patient monitoring tools.  2. How can personalised health technology solutions foster stronger patient-provider relationships? Personalised health technology solutions can build deeper relationships between patients and healthcare providers. Patients can get personalised health monitoring, guidance, and care delivery. They can be actively involved in decision-making while getting all necessary support, reminders, follow-ups, and check-ins. This will enhance patient satisfaction greatly and lead to better relationships with providers.  3. What are some real-world examples of successful digital strategies that have led to improved patient engagement outcomes? Some real-world examples of successful digital initiatives for better patient engagement include telehealth and remote patient monitoring. Some others include personalised patient portals and mobile apps along with software-based self-service tools.  4. How do interactive digital platforms empower patients to actively manage their own health and wellness? Interactive digital platforms contribute towards patient empowerment by giving them the data and tools to actively manage their own wellness and health. Patients can get recommendations and guidance along with preventive strategies. They can access their updated health data and get remote tracking and follow-ups along with reminders and notifications if needed. They can use self-service tools to engage with healthcare providers in a more convenient manner as well. They can also access educational resources on these platforms.

Read More »
INT. news wrap Insurance

Insurance News Wrap | Weekly Snippets | Indus Net Technologies (INT.)

✅ Israeli AI Startup Vesttoo stirs up the hornet’s nest, sparking a global insurance scandal. https://www.livemint.com/ai/israeli-ai-startup-vesttoo-sparks-a-global-insurance-scandal-11691153264363.html ✅ Jerry accelerates its future journey with a massive $110 million funding boost that will change the face of the car insurance landscape. https://fintech.global/2023/08/03/jerrys-ai-powered-revolution-in-car-insurance-accelerates-with-110m-raise/ ✅ A dynamic partnership is born as Klear.ai – AI-driven insurance software solutions – joins forces with Georgia Administrative Services to redefine insurance solutions ✅ Innovation meets responsibility when the AI wave hits the health insurance landscape as Pennsylvania legislators step in to ensure a fair balance. https://witf.org/2023/08/23/pa-legislators-look-to-rein-in-ai-in-health-insurance-claims/

Read More »
INT. News Wrap Banking

Banking & Finance News Wrap | Weekly Snippets August | Indus Net Technologies (INT.)

✅ Vijay Shekhar Sharma addresses Paytm’s next big step that encircles around the introduction of an AI-powered financial risk management system. https://www.bqprime.com/business/paytm-building-ai-powered-financial-risk-management-system-says-vijay-shekhar-sharma ✅ IBM is bringing change to the developer community with its all-new AI-based WatsonX Code Assistant for Z that will empower smarter, faster, and more innovative coding experiences. https://www.financialexpress.com/business/blockchain-ibm-unveils-ai-based-watsonx-code-assistant-for-z-for-developers-3218532/ ✅ Wells Fargo adopts the future of banking with a surge in tech spending and a focus on AI integration. https://www.bizjournals.com/sanfrancisco/news/2023/08/22/wells-fargo-weighs-in-on-ai-as-bank-eyes-surge-in.html ✅ Reserve Bank of India (RBI) gears up to add conversational payments to the Unified Payments Interface (UPI) to facilitate both C2C and C2B transactions. https://www.fintechfutures.com/2023/08/ai-powered-conversational-payments-to-launch-on-indias-unified-payments-interface/

Read More »
Why performance management is an integral part of an organisation?

Why performance management is an integral part of an organisation?

Performance management is a dedicated system that leverages sets of rewards and goals to encourage employees to dedicate themselves more towards work. Managing employee performance is a great way to optimize work procedures, while also achieving higher productivity and efficiency at the same time. It is not only vital for goal achievement, but also for strategic alignment of organizational goals and employee efficiencies. It also helps in terms of fostering better employee development and engagement in the long run. Here’s delving deeper into the concept and its implications for organizational success, employee engagement, and other crucial aspects. The Importance of Performance Management for Organizational Success Performance management can be a pivotal pillar as far as goal achievement or organizational success is concerned. Here are a few core points that will illustrate its importance in this context. How Performance Management Can Improve Employee Engagement and Productivity Performance management can go a long way towards enhancing employee productivity and engagement levels. Here are a few aspects worth noting in this regard.  Engagement plays a vital role in boosting individual performance. Outdated mechanisms like appraisals and performance reviews may not work for companies anymore. If done in the right way, performance management can foster superior engagement and help in accomplishing organizational goals faster.  It also leads to a better sync between company and employee objectives. There is a marked shift in the approach from more assessment-oriented to feedback-driven.  Advanced systems for managing performance will come into play sooner than later, with technological disruptions on the anvil too. This will help organizations greatly in terms of motivating employees better, engaging them successfully, and ensuring higher productivity. FAQs Some of the core components of a successful performance management system include developing, planning, rating, monitoring, and rewarding. They complement each other and lead to more effective performance management.  2: How does performance management enhance accountability and transparency within an organization? Performance management helps in boosting organizational transparency and accountability. Focusing on continuous tracking and accountability leads to a more transparent and healthier working environment. This leads to more transparency on performance feedback and also boosts employee autonomy and development. This naturally enables higher employee engagement and they can take more ownership of their work accordingly.  3: What are the potential benefits of incorporating technology into performance management processes? There are numerous advantages of integrating technology into performance management procedures. It lowers human bias along with ensuring more affordability and transparency accordingly. Compliance levels also go up while reporting mechanisms are also improved as a result. Technology-based performance systems enhance engagement, target reviews, tracking, assessment, and customized performance scales.  4: How can performance management help in identifying and addressing skill gaps within the workforce? Key performance indicators or KPIs can help evaluate career progress of employees along with overall retention and eligibility for promotions, rewards, and bonuses. They will also help companies identify contribution levels of employees while identifying skill gaps. Employee assessments are also great ways to discover skill gaps along with 360-degree reviews and observations. Performance benchmarks can also be set and monitored.

Read More »
Crowdfunding Future

Crowdfunding Future: Navigating with Quadratic Funding

Crowdfunding innovations are the need of the hour today, especially from the perspective of the funding mechanism finding greater acceptance amongst people in the future. This is where collective decision making and community empowerment come into the picture with crowdfunding as an enabler of the same. There is a school of thought that puts greater emphasis on Quadratic Funding as the best solution fit to meet future needs. Here’s learning more about the same in this article.  What is the future scope of crowdfunding blockchain?  Blockchain-based crowdfunding innovation and algorithmic funding are juxtaposed neatly by Quadratic Funding. Here’s Quadratic Funding explained for your benefit:  This crowdfunding innovation helps in amplifying the voices of smaller donors, making sure that they have a say in the distribution of community funds, while making sure that projects with the highest support base get the funding that they require.  What is the role of blockchain technology in crowdfunding? Now what does blockchain do for crowdfunding? Here’s looking at some key pointers in this regard:  Taking all these factors into account, it can be said that Blockchain can be a vital source of support for Quadratic Funding and high-quality content in the future.  How crowdfunding platform can be managed using smart contracts?  Blockchain-based smart contracts can play diverse and important roles in managing crowdfunding platforms. Here are some aspects worth looking at more closely:  These are only a few use cases of the Blockchain ecosystem and smart contracts in terms of supporting and enabling crowdfunding innovation in the future. Quadratic funding may well become a massive trend in terms of future initiatives and community empowerment. By giving smaller contributors a voice, it may ultimately enable a better arena for prioritising projects and campaigns for the public good.  FAQs 1.Can you elaborate on the algorithmic process behind Quadratic Funding? Quadratic Funding follows a unique algorithmic process where smaller individual contributions are combined with matching amounts from bigger donors or sponsors. Every donor’s contribution is matched by the total generated amount, the number of individual contributors, and the total donated amount. Hence, the total number of contributors, irrespective of the donation amount, influences the funding ratio. 2.What role does Quadratic Funding play in supporting grassroots projects and initiatives? Quadratic Funding has a vital role to play in supporting various initiatives and projects at the grassroots. With its unique model, it ensures more equitable and transparent fund allocation based on the community desires instead of the interests of a few affluent donors. It thus incentivises smaller contributions from a larger number of people. They can make sure that their desired community or grassroots projects get the funding they deserve. It builds a more democratic and pro-community system.  3.What potential challenges or criticisms are associated with implementing Quadratic Funding? Some of the challenges or criticisms include impact measurement. There are risks of it becoming overtly complicated or arbitrary. This will hinder equitable resource distribution in some cases. Technological awareness and lack of familiarity with Blockchain are other challenges that may arise in this regard.  4. In what ways does Quadratic Funding intersect with the concepts of decentralised finance (DeFi)? Quadratic Funding is deeply intertwined with DeFi (decentralised finance), since it can be supported by Blockchain technology. DeFi apps leverage smart contracts and public Blockchain decentralisation to offer more accessible financial solutions. Quadratic Funding can use the same platforms for allocating capital in the crowdfunding segment.

Read More »
Life Science & Pharma News Wrap | Weekly Snippet

Life Science & Pharma News Wrap | Weekly Snippet

✔️ Biotech Firm 10X Genomics is harnessing advanced technology to create advancements that promise to benefit the entire humanity. https://www.forbes.com/sites/stevenaquino/2023/08/07/biotech-startup-10x-genomics-is-using-tech-to-transform-biology-and-advance-human-health-for-all-people-including-the-disabled/ ✔️ New Delhi-based Premas Life Sciences is fast-tracking the adoption of optical genome mapping technology in India. Recently it has established a distribution partnership with Bionano, a US-based leader in genome analysis solutions.  https://www.biospectrumindia.com/news/60/23431/premas-life-sciences-expedites-use-of-optical-genome-mapping-technology-in-india-.html ✔️Mankind Pharma joins forces with AI-generated Anushka Sharma to express heartfelt thanks to our chemist heroes. The campaign created cool advertisements and proved immensely advantageous for chemists, amplifying their presence and elevating their sales. https://brandequity.economictimes.indiatimes.com/news/advertising/mankind-pharma-uses-ai-generated-anushka-sharma-to-thank-chemists/102639440 ✔️ Dimensionless Technologies, spearheaded by two IIT alumni is rewriting the supply chain narrative with AushadhAI and is promising to reshape the pharma and healthcare landscape.

Read More »
Blockchain in Industry 4.0

Blockchain in Industry 4.0

Industry 4.0 is generating sizeable buzz these days in (no prizes for guessing) global industry circles! It is billed to be the first such major revolution, one that focuses more on digital transformation as a key component of enabling interconnections, support, knowledge, and openness. This will eventually extend to aspects like smart manufacturing, supply chain management, data security, interoperability, and more. This is where blockchain comes into the picture as a foundational pillar of Industry 4.0. From production on demand to automation and robotics, companies are increasingly leveraging technology to solve a variety of problems. AI and Blockchain can be a dynamically potent duo that covers transparency, sharing, safety and various other aspects. At the same time, Industry 4.0 technologies are embedded with the concept of massive computing abilities and sufficient storage along with swift detection, linkage, and authentication through cloud-based servers. Let us take a closer look at how blockchain will drive the proliferation of Industry 4.0 paradigms worldwide. What is the 4th generation of blockchain? Blockchain 4.0 is a whole new generation of this pioneering technology. Here are some pointers that are worth noting in this case:  Sounds exciting doesn’t it? That is precisely what Blockchain 4.0 promises and within the larger Industry 4.0 blueprint, it can have a bigger bouquet of benefits for companies.  How will Blockchain transform industries and the economy? We’ve mentioned smart manufacturing, smart contracts, supply chain benefits and more applications of blockchain already. What more can it do? What are the transformative effects that it will have on the economy and industries? Read on for a glimpse of the same:  From 3D printing to mainstream manufacturing, blockchain will herald a paradigm-shift in how business is done, especially with the focus on achieving an outcome economy.  Digital Supply Chains The digital supply chain concept has already garnered significant headspace in recent times. Here are some factors worth considering in this space:  As can be seen, blockchain is an integral part of the epoch-breaking towards Industry 4.0 models as far as businesses and manufacturers are concerned. There will be more ground-breaking innovation enabled by blockchain and it will re-envision and reshape business and economies like never before.  FAQs  Blockchain plays a key role in securing transactions and sensitive information with encryption and immutability. Distributed ledger technologies enable data structuring into blocks, with each containing a transaction bundle. All blocks connect to each other in a chain which cannot be tampered with.  Blockchain can help in easy tracking of information gathered by IoT sensors, without any duplication. Data transfers can be facilitated by blockchain technologies without trusted third parties required for the process. This will naturally boost interoperability between IoT devices.  Some of the biggest challenges include data privacy, consent mechanisms, and the quality of data. AI can gather data while analysing huge datasets for identifying patterns and generating unique scenarios. Blockchain enables fraud-free, secure, and flawless data sets. New patterns from AI can be authenticated with decentralised blockchain mechanisms. Using blockchain platforms, players can get NFTs or tokens as prizes for completing tasks, for instance. They can sell assets or trade them. This is an example of what already happens. Going forward, users may be able to monetise data in a similar manner through tokenisation. Data can be converted to digital assets for sale/trade on decentralised marketplaces. Users can set prices and conditions for sharing data. They can thus take part more actively in a data economy and get direct benefits in turn. 

Read More »

Banking & Finance News Wrap | Weekly Snippets

💡 From budgeting hacks to in-depth investment insights, get ready for a whole new level of banking with Bud Financial’s Bud.ai, a generative AI-powered platform tailor-made for hyper-personalised banking. 💡 Alkami’s newly launched AI-powered predictive model aims at empowering financial institutions with account holder identification, customer behaviour demonstration, account retention and more. https://www.marketscreener.com/quote/stock/ALKAMI-TECHNOLOGY-INC-121300011/news/Alkami-Launches-First-Engagement-Artificial-Intelligence-AI-Predictive-Model-for-Financial-Service-44566022/ 💡 Microsoft and Aptos Labs are fusing blockchain and AI into a dynamic duo that will make banks’ financial data impenetrable and empower razor-sharp decision-making. https://www.finextra.com/newsarticle/42762/microsoft-and-aptos-labs-partner-to-combine-blockchain-and-ai-for-banks 💡 The Federal Reserve is stepping up its game by turning its gaze towards crypto and banking. https://uk.investing.com/news/cryptocurrency-news/federal-reserve-unveils-oversight-on-crypto-tech-in-banking-3116532

Read More »
Insurance News Wrap

Insurance News Wrap | Weekly Snippets

💡 The world of AI meets the world of policies and premiums as Gaya.ai is rewriting the insurance playbook with large language models. https://finance.yahoo.com/news/introducing-gaya-ai-bringing-power-074000638.html 💡 Vesttoo – an Israeli AI Startup is rewriting the insurance playbook as they promised to use AI to spread the risk of insurance policies. https://www.livemint.com/ai/israeli-ai-startup-vesttoo-sparks-a-global-insurance-scandal-11691153264363.html 💡 Swiss Re is unleashing the power of AI and rewriting the natural disaster recovery playbook to transform insurers’ response game.  https://www.cio.com/article/647713/swiss-re-streamlines-insurers-natural-disaster-response-with-ai.html 💡 From on-demand insurance insights to a smooth ride through policy management, AXA’s tech marvel is here to revamp the insurance landscape. https://www.insurancebusinessmag.com/asia/news/breaking-news/axa-unveils-new-tech-platform-for-driver-partners-and-business-users-454597.aspx

Read More »
Manufacturing Demand with Advanced Analytics

Optimising Manufacturing Demand with Advanced Analytics

Manufacturing efficiency and supply chain enhancement are key goals for most industrial enterprises today. In this scenario, the optimisation of manufacturing demand with advanced analytics is deemed essential for driving higher productivity, lowering wastage, and enabling higher operational efficiencies for companies. Based on data-driven insights, enterprises can deploy analytics for setting goals and empowering self-management of performance at the operators’ end. They can identify the best practices for achieving growth while designing their formal working procedures accordingly.  They can also enable the empowerment of front-line personnel with regard to enhancing overall training, collaboration, and communication, especially by using varied productivity tools for this purpose. Manufacturing entities can use advanced analytics to generate higher efficiency in production along with enabling more agile production lines, assets and supply chains with data-based support and decision-making. Real-time and historical operational data can be leveraged for improving processes and ensuring higher standardisation to save both time and costs. At the same time, this will also help personnel detect potential risk sand variability, thereby bypassing errors that can prove costly in the long run.  The Importance of Demand Data Demand data is crucial for manufacturing enterprises at multiple levels. Here are some points worth noting in this regard.  Hence, as can be seen, demand data is the lifeblood for leveraging advanced analytics towards taking better business decisions. Let us now take a closer look at data integration and why it matters.  What role does data integration play in manufacturing optimisation? If manufacturing enterprises have to rely on data-driven insights and use analytics, then data integration is a must. Here are some pointers on the same.  Using robust data platforms and focusing on data integration are crucial tasks for manufacturing entities. It is essential for ensuring the accuracy and quality of data that is being used for analysis and insight-gathering. Advanced analytics can be used effectively to forecast demand for manufacturers. Here’s examining the same in more detail. Advanced Analytics to Forecast Demand Using advanced analytics for demand forecasting comes with its fair share of benefits for manufacturers. Here are some of them:  Manufacturing demand can be suitably optimised by leveraging advanced analytics. At the same time, manufacturing enterprises can manage inventory better and streamline product planning with the help of these insights.  FAQs Manufacturing analytics can be adapted to different manufacturing environments. They may enhance the quality of the end product of the company while also enabling data-based product optimisation, identifying defects or errors, and also evaluating consumer feedback and other buying trends.  Optimising manufacturing demand comes with several advantages, including enhancing overall equipment efficacy, lowering delays in production, enhancing the effectiveness of equipment, lowering the chances of breakdowns, and also tracking equipment performance and availability. It may also help in scaling up overall quality.  Optimisation goes hand in hand with just-in-time (JIT) manufacturing. This is sometimes known as lean production/manufacturing. Instead of supplying consumers and producing goods from stocks, JIT systems emphasise on the production of the exact amount required when consumers need the same.  Analytics can greatly enhance relationships with suppliers. Some of the advantages include easy tracking of supplier performance and tackling issues along with boosting trust and communication throughout multiple channels. This is enabled through easier demand forecasting, avoiding overproduction and streamlining timelines and supply chains accordingly.

Read More »
MENU
CONTACT US

Let’s connect!

Loading form…

CONTACT US

Let’s connect!

    Privacy Policy.

    Almost there!

    Download the report

      Privacy Policy.