Medical Device Connectivity with a BaaS is a Disruptive Innovation

Description

This deck was presented at the 4th Annual Medical Device Connectivity Conference (MDCC4) where Shahid Shah, CEO of Netspective Communications, described how creating a data-centric Backend-as-a-Service (BaaS) is good business and can generate new revenue for medical device vendors.

Topics covered:

  • Marketplace and industry challenges for device vendors
  • Why connectivity is good business
  • Why connectivity is a disruptive innovation
  • What is a “Back-end as a Service” (BaaS)?
  • There’s nothing special about health IT data that justifies complex, expensive, or special technology.

Key takeaways:

  • Hardware, sensors, and software are transient businesses but data lives forever. He who owns, integrates, and uses data wins in the end.
  • Data from devices is too important and specialized to be left to software vendors, managed service providers, and system integrators.
  • Implement a data-centric hardware and BaaS technology strategy

Netspective is a leader in Technology and Consulting services in regulated markets – Healthcare, Government and Medical Technology.

Technology, consulting, and solutions focused on firms impacted by FDA, ONC, NIST or other safety, privacy, and security regulations.