2020 Outlook: Technology Enabled Trends Shaping Electronics & Health Care

Over the past weekend, the Orange County Register sought insights from a variety of industry leaders regarding trends that will they believe will emerge over the next decade. We thought that the perspectives from Scott McGregor (CEO of communications chip-maker Broadcom) and Peter Bastone (President and CEO of Mission Hospital) shared some common technology-enabled themes. In particular, the critical impact of wireless technologies, smarter/more interconnected devices, “tracking”, and virtualization stood out.

As many of these “trends” become more pervasive, the implications for data management, importance of business intelligence capabilities and strategies, and network security are significant – as well as the creation of tremendous opportunities for improving the user/customer experience across multiple touch points. No doubt, traditional IT organizations will need to become increasingly business savvy, and in parallel, executives will need to develop a more strategic view of technology. From an execution standpoint, we anticipate an acceleration in the formation of provider “consortiums” (e.g. hardware, software, integrators, telco, and other players) - coming together to incubate and ultimately deliver next generation, end-to-end solutions, as well as an increased interest in Newco/utility based models that monetize themselves in non-traditional ways.

Read reporter Jonathan Lansner’s summary of Scott McGregor’s view regarding the 10 ways electronics will change in 10 years.

Reporter Erika Ritchie captured these 10 notions on the future of healthcare from Peter Bastone – the majority of which are heavily enabled by technological innovation.

Please feel to post additional thoughts or ideas around future trends.