Healthcare as a business environment - analysing the Finnish health technology industry

Author(s):  
Mikko Grönlund ◽  
Reetta Raitoharju ◽  
Tuomas Ranti
2021 ◽  
Vol 54 (4) ◽  
pp. 243-245
Author(s):  
Fabíola Macruz

Abstract There is great optimism that artificial intelligence (AI), as it disrupts the medical world, will provide considerable improvements in all areas of health care, from diagnosis to treatment. In addition, there is considerable evidence that AI algorithms have surpassed human performance in various tasks, such as analyzing medical images, as well as correlating symptoms and biomarkers with the diagnosis and prognosis of diseases. However, the mismatch between the performance of AI-based software and its clinical usefulness is still a major obstacle to its widespread acceptance and use by the medical community. In this article, three fundamental concepts observed in the health technology industry are highlighted as possible causative factors for this gap and might serve as a starting point for further evaluation of the structure of AI companies and of the status quo.


Author(s):  
Nuno Teixeira ◽  
Pedro Nuno Pardal ◽  
Bruno Guerreiro Rafael

One of the main characteristics of current business environment is related to internationalization of companies and economies, where competitors from different countries with diverse cultures and production factors, easily clash for a position of supremacy in the markets. Thus, internationalization turned the management of organizations in a more complex act, increasing opportunities but also the risks of the business. As such, this paper aims to reflect on the main issues associated with companies' internationalization and the impact on their management process, in particular on financial performance and in organizational changes. In addition, we intend to conduct a case study of a Portuguese company of information technology industry that through its internationalization strategy, managed in less than a decade, to increment the turnover from 10 million to 60 million euros, becoming one of the largest Portuguese groups in the sector and a worldwide success.


Author(s):  
Nuno Teixeira ◽  
Bruno Rafael ◽  
Pedro Pardal

One of the main characteristics of current business environment is related to internationalization of companies and economies, where competitors from different countries with diverse cultures and production factors, easily clash for a position of supremacy in the markets. Thus, internationalization turned the management of organizations in a more complex act, increasing opportunities but also the risks of the business. As such, this paper aims to reflect on the main issues associated with companies' internationalization and the impact on their management process, in particular on financial performance. In addition, we intend to conduct a case study of a Portuguese company of information technology industry that through its internationalization strategy, managed in less than a decade, to increment the turnover from 10 million to 60 million euros, becoming one of the largest Portuguese groups in the sector and a worldwide success.


Author(s):  
Alev M. Efendioglu

The number of Internet users around the world has steadily grown, and this growth has provided the impetus and the opportunities for global and regional e-commerce. However with the Internet, different characteristics of the local environment, both infrastructural and socioeconomic, have created a significant level of variation in the acceptance and growth of e-commerce in different regions of the world. Over time, various studies have been conducted and models have been developed to identify diffusion of e-commerce in different environments (Hasan & Ditsa, 1999; Travica, 2002; Wolcott, Press, McHenry, Goodman, & Foster, 2001; Zwass, 1999). These models have looked at “infrastructure” (e.g., connectivity hardware and software, telecommunications, product delivery and transportation systems) and “services” (e.g., e-payment systems, secure messaging, electronic markets) as the primary diffusion factors. Furthermore, Travica’s (2002) study focused on Costa Rica and its culture, and Hasan and Ditsa (1999) tried to identify and present possible cultural factors that may impact broad-based adoption of information technology. Industry-based organizations have also been interested in diffusion of e-commerce in different countries and have also identified similar factors, and have rated these countries on their readiness for e-commerce using those factors. Most widely cited of these ratings are presented by IBM and the intelligence unit of The Economist, which define e-readiness by measurement in six distinct categories: (a) connectivity and technology infrastructure, (b) business environment, (c) consumer and business adoption, (d) social and cultural environment, (e) legal and policy environment, and (f) supporting e-services. Based on these characteristics, The Economist rated China (the country that is the focus of our research) as number 51 for year 2000, number 52 (a tie with Sri Lanka) for year 2004, and number 12 out of 16 nations included in the Asia-Pacific Region. (Economist Intelligence Unit, 2004).


2015 ◽  
Vol 11 (1) ◽  
pp. 32 ◽  
Author(s):  
Jose M Martin-Moreno ◽  
◽  

The prospect of achieving truly personalised medicine (or precision medicine) has raised patients’ hopes and piqued researchers’ curiosity, prompting the development of new -omics fields and attracting interest from the health technology industry. However, to ensure that new advances are incorporated equitably without diverting scarce resources from essential services and underserved populations, European institutions must forge a common policy that balances investments with returns and competition with coordination.


Author(s):  
Ivelina Kulova ◽  

The changes caused by digitalization give rise to a definite need to increase managerial and organizational flexibility. In some areas the impact of these rapid changes is significant, in others the impact is weaker, but is clearly felt in all industries and functions. This determines the need for research of project and product management to help managers form an approach to achieve optimal results and gain a competitive advantage over the other technology companies. Focusing on the project management and product management topics, the current paper falls into a niche of great relevance and strategic importance for the technology industry. In this regard, the purpose of this study is to examine the product and project management in times of digital transformation and to analyze whether the transition from project to productoriented management in technology industry is necessary. The methods used in this paper include: analysis and synthesis; research through literature sources, results of theoretical and empirical research in the field of product and project management, etc. The results show that integrating a product mindset within projects will enable technology companies to further adapt to the dynamically changing business environment and to provide a unique value proposition in times of digital transformation.


2020 ◽  
pp. 48-60
Author(s):  
О.S. Goncharenko ◽  
S.О. Nikolayev ◽  
М.S. Myslovska ◽  
V.V. Pogodina

According to many experts, humanity is on the verge of transformational changes, which are characterized not only by changes in the way of management, but also by changes in the philosophy of human existence. This situation is especially noticeable during crises on a global scale. One such demonstration was the global socio-economic crisis caused by the coronavirus pandemic. It can already be argued that some areas of the information technology industry are experiencing an extremely rapid pace of development, including virtual reality technology. This is especially true against the background of information that one of the negative consequences of the pandemic is an increase in cases of psychological tension in society as a whole and in individuals due to limited physical movement of people. Therefore, the aim of this article was to study the prospects of implementing virtual reality technologies in the tourism business environment based on the identification and justification of possible positive and negative socio-environmental and economic results due to the development of this type of business at the regional level. The idea is to use virtual reality technologies to create a commercial product - "green" tourist tours in Sumy region (Ukraine), the essence of which is to enable tourists from anywhere in the world to virtually visit certain natural and landscape areas of Sumy region. The emphasis is not only on visiting historical architectural monuments, museums, but also on using the recreational potential of natural objects. For example, kayaking on the river Psel, hiking in Spadschansky forests, fishing on the Blue Lakes in Sumy, hunting animals, picking mushrooms, sports tours: running, skiing in the woods near the village. Turners. Thus, the creation of eco-tours of virtual reality can be considered appropriate, because for both internal and external stakeholders, this type of activity is more positive than negative: for employees, the creative component of labor grows, the preconditions are created to increase wages; for consumers, the risks during the trip are reduced, the associated costs disappear, there are more options and opportunities for development; for the region, this type of activity guarantees environmental friendliness and greater interest due to the virtual reality tour in the area.


2014 ◽  
Vol 28 (5) ◽  
pp. 913 ◽  
Author(s):  
Pieter W. Buys

Globalisation has contributed to many new challenges in the Information Systems and Technology (IS&T) industry, which placed increased pressure on organisational long-term sustainability. Just like their global counterparts, IS&T organisations in the South African marketplace also need to be cognisant of its competitive business environment in order to survive in a very competitive environment. However, in the dynamic business environment, organisational resilience becomes a crucial building block in achieving sustainability. The objective of this article is to identify and consider key factors in the South African IS&T industry that not only embraces a thorough understanding of the business environment, but also of corporate resilient strategies that may support its long-term sustainability. Based on a PEST and SWOT analysis, it was found that the local IS&T business environment, which includes the uncertain and unpredictable role of government together high-levels of crime and unemployment, makes for both challenging and promising times in the South African IS&T industry.


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