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Global News of Significance

Walmart launches Walmart Land and Universe of Play on Metaverse Platform Roblox

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Global News of Significance

Walmart launches Walmart Land and Universe of Play on Metaverse Platform Roblox

Walmart recently launched two new immersive experiences Walmart Land and Walmart’s Universe of Play in the metaverse mega-platform, Roblox. It was being speculated for some time that the company was planning to venture into the metaverse with plans to create its own cryptocurrency and collection of NFTs.

Roblox is one of the fastest-growing and largest platforms in the metaverse and Walmart took this decision as it observed that customers are spending loads of time there. The spaces will offer unique interactive content and entertainment for customers, bringing to life Walmart’s ‘isles’ in a virtual world and thus creating new and innovative experiences for these customers.

https://youtube.com/watch?v=wBqkCvW5NRY

Walmart Land

Walmart Land will feature a variety of immersive experiences, including a virtual store of merchandise, or “verch”, for your avatar; a physics-defying Ferris wheel giving users a birds-eye glimpse of the world, and unlockable tokens and badges that can be earned in various games and competitions. Walmart Land debuts with three big experiences, specifically with the next generation of customers in mind:

Electric Island: Inspired by the music festivals, Electric Island includes an interactive piano walkway, a dance challenge, a Netflix trivia experience featuring Noah Schnapp, and a DJ booth where users can learn to mix different beats.

House of Style: Featuring a virtual dressing room, a strike-a-pose challenge, an oversized cosmetics obstacle course (obby) and a roller-skating rink, House of Style will offer products from af94, UOMA by Sharon C., ITK by Brooklyn & Bailey, Lottie London, Bubble and more.

Electric Fest: New in October, users can jump back into Electric Island for ‘Electric Fest’, a motion-capture concert celebration featuring performances from popular artists such as Madison Beer, Kane Brown, and YUNGBLUD.

Universe of Play

The Roblox community can explore different toy worlds to earn coins for cool virtual goods, or complete epic challenges to build a personal trophy case, unlock secret codes, and more.

Universe of Play includes:

Immersive games: Users can dive into five new games that offer experiences featuring products and characters from L.O.L. Surprise!, Jurassic World, Paw Patrol, Magic Mixies and Razor Scooters.

Sought-after rewards: Users will get the opportunity to try and collect as many virtual toys as they can to earn coins redeemable for their avatar verch. Toys will hang all around, and a Walmart blimp will regularly drop toys throughout the experience.

Virtual adventures: Universe of Play will also feature e-mobility items like hoverboards, which an avatar can use to travel through the universe faster. Users will encounter a Sharper Image drone that helps them discover the hottest toy world of the season.

Users can click in and freely access the Walmart Land experience on Roblox.com and Walmart’s Universe of Play on any device including PC, Mac, iOS, Android, Amazon devices, Xbox consoles, Oculus Rift and HTC Vive.

Reach out to us at open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

Source: Walmart

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Global News of Significance

Telefónica’s Open Innovation Strategy

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Global News of Significance

Telefónica’s Open Innovation Strategy

With the spread of information and communication technologies, the importance of innovation is being stressed all over the world and the concept of open innovation has become more popular.

In this age of corporate innovation, large companies face a choice: innovate or disappear. this has forced the companies to reinvent themselves by working hand in hand with entrepreneurs, helping them to scale their projects.

Companies have set up an Open Innovation Team that acts as an interface between them and the entrepreneurial ecosystem, keeping them abreast with the developments around them.

Open Innovation Teams complement internal innovation and also help companies in attracting talent and adopting emerging technologies in startups, to innovate better and faster.

Telefónica, a multinational telecommunications company headquartered in Madrid, has also been working on an open innovation strategy.

The company mentions in a blog post that such teams help the company identify the most brilliant and disruptive projects in the startup environment that is incorporated into its offering and services and internal processes, completing the company’s digital transformation processes.

Telefónica Ventures

As early as the beginning of the century the company in 2006 launched Telefónica Ventures to invest directly in startups or through a network of leading VC funds. This has helped the company in building strategic partnerships with entrepreneurs and young companies that are aligned with its global strategy.

Wayra

Founded in 2011, Wayra is Telefónica’s Open Innovation Hub with a presence in 10 countries in Europe and Latin America. Wayra brings new ideas and solutions to the telecom world by investing and connecting Telefónica with the entrepreneurial ecosystem around the globe to generate collaborative business opportunities. It acts as a strategic partner and helps them scale to accelerate their business.

Open Future

Launched in 2014, Open Future is the strategic regional entrepreneurship program developed in alliance with public and private partners. Through this initiative, Telefónica supports local startups in their early stages of maturity, fosters the creation of an entrepreneurial ecosystem outside the big cities, and promotes local action with a global point of view.

Open Future Hubs offer startups a working and mentoring space where they can develop, grow and access exclusive offers from commercial partners. Any company that does not yet have a minimum viable product or generates business is a potential candidate to enter this program. There are currently 33 Hubs in 3 countries in Europe and Latin America that have accelerated more than 1,300 projects.

Going forward, the company with these vehicles aims to decentralize and democratize entrepreneurship; create growth opportunities; accelerate startups and develop innovative products with great potential.

Reach out to open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

Source: Telefónica

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Global News of Significance

EU creates Digital Twin of the Earth

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Global News of Significance

EU creates Digital Twin of the Earth

Digital transformation, a cultural, organizational, and operational change through the smart integration of digital technologies and processes, is having a profound effect on organizations, ecosystems, and individuals.

Digital Transformation for Climate-neutral Europe by 2050

To benefit from this transformational change the European Commission is working on a digital strategy. The international organization comprising 27 European countries aims to make this transformation work for its people and businesses and also achieve its target of a climate-neutral Europe by 2050. For this, the E.U. has also strengthened its digital sovereignty and set standards– with a clear focus on data, technology, and infrastructure.

Destination Earth

European Commission, EU’s politically independent executive arm, has recently announced a major initiative named Destination Earth (DestinE). The aim is to develop – on a global scale – a highly accurate digital model of the Earth to monitor and predict the interaction between natural phenomena and human activities.

Digital Twin of the Earth

The Digital Twin is a virtual model designed to accurately reflect a physical object. The digital replicas of the highly complex Earth systems will be based on a seamless fusion of real-time observations and high-resolution predictive modeling in the thematic areas, starting from extreme events and climate change adaptation.

DestinE will use digital modeling of the Earth systems to study the effects of climate change and extreme weather events, their socio-economic impact, and possible adaptation and mitigation strategies. In the long-term additional digital twins will also be integrated– for example on oceans or biodiversity etc- for a comprehensive digital twin of the Earth.

Empowered by Europe’s high-performance computing (HPC) computers and AI capacity, it will help to respond to major natural disasters, adapt to climate change, and predict the socioeconomic impact.

Users of DestinE, including non-scientific experts, will be able to access and interact with vast amounts of Earth system and socio-economic data in order to perform highly accurate, interactive, and dynamic simulations of the Earth system, and improve prediction capabilities. For this, the initiative will exploit the potential of distributed and high-performance computing (HPC) and data handling at an extreme scale.

Implementing Entities

Apart from the digital twin, the other components DestinE system will be a Core Service Platform, a user-friendly entry point for DestinE users, and the Data Lake, a consolidation of pre-existing European data holdings from the three Destination Earth implementing entities (ESA, EUMETSAT and ECMWF) and other sources, like the Internet of Things (IoT) and socio-economic data. The digital twins of DestinE will provide users with tailored access to high-quality knowledge for user-specific scenario development for decision support.

The Digital Twins will be developed by the European Centre for Medium-Range Weather Forecasts (ECMWF) and jointly implemented by three entrusted entities: the European Space Agency (ESA), the European Centre for Medium-Range Weather Forecasts (ECMWF), and the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT) over the next 7-10 years.

Reach out to open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

Source: https://digital-strategy.ec.europa.eu/en/policies/destination-earth

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Global News of Significance

Reserve Bank of India sets up Innovation Hub

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Global News of Significance

Reserve Bank of India sets up Innovation Hub

The traditional banking Industry has not matched the pace of other industries and is looked at as a slow-moving sector when it comes to innovation. But the disruptive technological developments and new policies and regulations are pushing banks to be more transparent, open, collaborative, secure, and innovative.

In this line, Reserve Bank of India (RBI), India’s central bank and regulatory body responsible for the regulation of the Indian banking system, has started an innovation hub in Bengaluru. The aim is to bring convergence among various stakeholders in the financial innovation space.

Inaugurated by RBI Governer Shri Shaktikanta Das the hub was set up earlier this year with an initial capital contribution of ₹100 crores. The RBIH will work to create an ecosystem that would help BFSI Sector, Start-up ecosystem, Regulators & Academia. The focus will be on promoting access to financial services and products for the low-income population in the country.

The Hub will encourage and nurture financial innovation and bring ‘world-class’ innovation to the financial sector in India, coupled with the underlying theme of financial inclusion.

The Hub has an independent Board and will be guided and managed by a Governing Council (GC) led by a Chairperson. The Reserve Bank has appointed Shri Senapathy (Kris) Gopalakrishnan, co-founder and former co-Chairman, Infosys, as the first Chairperson.

The Hub will collaborate with financial sector institutions, the technology industry, and academic institutions and coordinate efforts for the exchange of ideas and development of prototypes related to financial innovations. It also would develop internal infrastructure to promote fintech research and facilitate engagement with innovators and start-ups.

The government of India has asked state-run banks to explore collaboration with startups and fintech and promote innovative products. Banks world over are collaborating with startups to overcome challenges and harness innovation to accelerate inclusive finance, scale their technology, and improve access to capital.

With this in Background, RBIH aims to provide a platform for all financial ecosystem stakeholders and aid them in formulating forward-looking innovation strategies while identifying challenges in the Indian financial system and addressing them through research and consultation.

Reach out to open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

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Global News of Significance

How Coca-Cola is Driving Growth through Innovation

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Global News of Significance

How Coca-Cola is Driving Growth through Innovation

Thirty-five years ago, Coca-Cola partnered with NASA to become one of the first soft drinks to travel to space. The iconic soft drink maker has always relied on experimentation and using the power of design-thinking techniques to drive growth for the business and is known for developing and launching innovative beverages, equipment, distribution models, and programs.

Coca-Cola with Bluetooth-enabled cap

Recently, Coca-Cola in India has rolled out a technological product innovation – a locked Coke fitted with a unique Bluetooth-enabled cap. The bottle is programmed to open only in the presence of the sender’s mobile phone.

With this limited edition bottle of the beverage for the festive season, Coca-Cola seeks to evoke a feeling of togetherness among people as the bottle acts as a symbolic reminder of a promise made to meet in person.

The bottle can be ordered via a microsite by filling in the gift recipient’s residential address and a customized festive wish or message. The recipients will then receive the customized bottle via delivery, which will be pre-programmed to detect the presence of the sender’s mobile phone in order for it to be unlocked.

Transformational Innovation Team

The company has been working to launch innovative products in different parts of the world. For example, the company in North America has set up ‘Transformational Innovation Teams’ that partner with brands and business units to take new drinks in unfamiliar spaces. The team is a rotating group of specialists from Research and Development (R&D), Quality, Safety & Environmental Sustainability, Technical Commercialization, and Scientific and Regulatory Affairs (SRA).

Agile design thinking

Working on its goal to move faster and deliver more disruptive innovation, the company is seamlessly implementing learnings and frameworks across the organization and fueling new capabilities to drive growth. There also have been reports of coca cola developing an agile design thinking innovation protocol that centers around users’ desires and needs to identify products that would create an impact in the market.

Pushing Intrapreneurs

The renowned beverage company has also been pushing a group of “intrapreneurs” on a mission to create a ripple effect by sharing learnings with Coca-Cola North America teams leading innovation projects across the system.

Global Innovation Platform

Coca-Cola earlier this year unveiled its new global innovation platform, Coca-Cola Creations. The aim is to take the iconic Coca-Cola trademark and lend it to new expressions, driven by collaboration, creativity, and cultural connections. Through limited-edition, sequential releases, Coca-Cola Creations will introduce new products and experiences across the physical and digital worlds.

Innovation is key to success

For a company to be successful must be in tune with what consumers want, adopting strategies to differentiate and introducing innovative products. The success story of Coca-Cola underlines the importance of continued innovation and the need for successfully differentiating its product and services based on customers’ preferences.

Source: coca-colacompany.com

Reach out to open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

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Global News of Significance

How Nestlé is taking Innovation to a new level

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Global News of Significance

How Nestlé is taking Innovation to a new level

Consumer demands and expectations are continuously evolving, forcing retailers to seek new products to meet these needs. Innovation has thus become vital for the food industry and is critical to ensure profitability.

Innovation is vital for the food industry

Innovation in the food industry is a combination in areas of technology as well as culture. The ultimate innovation has to be throughout the entire food system, starting from production distribution, and including harvesting, primary and secondary processing, manufacturing, etc. The innovation must lead to a new or improved consumer product and service that satisfies the nutritional, personal, and social needs and wants of all communities.

Nestlé, one of the largest companies in the world and the undisputed leader in the food processing industry, is working to build a culture of innovation. Mel Cash, Chief Strategy Officer, Nestlé USA, via a blog has shared her thoughts on how the company aims to meet this goal.

The company has developed new technologies or installed profound structural changes to the ways work is done but for fostering innovation Nestlé sees people as the key.

The Swiss multinational food and drink processing conglomerate has built a culture built around the creativity of employees, where they have the permission to imagine new and innovative products, the resources to explore their big ideas, and the space to activate change and learn what works and what doesn’t.

What if projects

To test new products and business models that appeal to consumers’ evolving tastes, the company has developed the practice where the new Business Ventures team partners with teams across the business to encourage What if projects, lending their expertise on early-stage industry trends.

This partnership has helped Nestle to reach consumers in new ways. For example, there is a global shift in consumer behavior where they are now preferring to buy from digital platforms and direct from home, New Business Ventures team worked with brand teams who were asking the question: what if we could deliver directly to people’s homes? As a result, the company piloted a new delivery service model for freshly baked Toll House cookies. Nestle also partnered with ghost kitchens, DoorDash, GrubHub, and UberEats. Now, it is scaling this idea nationwide in the US.

Open Channel

Another step Nestle took is it has launched Open Channel, a crowd-sourcing initiative that taps into collective creativity. It gives employees the resources to explore new ideas. Open Channel is a platform that allows employees to submit big ideas or vote on ideas they like the most. Based on these ideas the company launched 23 innovative products

Internal Talent Marketplace

Another initiative to push innovation is the internal talent marketplace platform which is an AI-based system that matches employees’ skill sets with projects outside their function. These cultural programs help anyone in any role to become a creator and an innovator.

R+D Accelerator

R+D Accelerator is a unique platform by the food giant where start-ups, students, and intrapreneurs focus on emerging trends to develop product concepts in a six-month immersive ‘idea to shop’ program. Those who are part of this accelerator have been given access to the company’s state-of-the-art infrastructure and science, technology, and business expertise. This allows participants to move quickly – taking ideas from conception to execution over a short timeline,

Most importantly, Nestle has embraced failure as part of innovation and understands that it is essential to learning. Thanks to this culture, the company is using emerging technologies to develop innovative products that meet consumers’ desire to adopt nutritious, environmentally friendly diets.

Reach out to open-innovator@quotients.com to know more about corporate open innovation updates, programs, and collaboration opportunities.

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Global News of Significance

Jaguar Land Rover announces Open Innovation strategy

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Global News of Significance

Jaguar Land Rover announces Open Innovation strategy

Jaguar Land Rover earlier this year announced that it is working on a new Open Innovation strategy. The aim is to accelerate next-generation technology and sustainability to support its Modern Luxury vision for the business, its partners, and its customers.

Under this Open Innovation, the automaker will be driving collaborations with start-ups, scale-ups and like-minded external organisations. The focus will be on electrification, connectivity, digital services, metaverse, intelligent enterprise, manufacturing, supply chain, and sustainability.

The automaker for this will also launch a first-of-its-kind innovation hub in the UK, in partnership with Plug and Play, one of the world’s leading innovation platforms. The

In addition, JLR has also announced two separate partnerships with Cubo Itau and Firjan. Cubo Itau located in São Paulo currently hosts hundreds of start-ups covering several industries like fintech, agribusiness, healthcare and retail; and Firjan is a based in the State of Rio de Janeiro, it is a private entity that represents the 100 industrial employers’ unions, and involved redevelopment of studies and research of fundamental subjects aiming to anticipate trends and bottlenecks in infrastructure, innovation, logistics, etc.

Courtesy: JLR


Tata motors-owned automaker has appointed 70+ ‘champions’ from across key business areas – including sustainability, engineering, design, research, and manufacturing to enable open innovation.

In a statement, the company said it will be is examining at the entire mobility and sustainability ecosystem to offer an unparalleled customer experience, shaping the future of the automotive industry, and paving the way to the future. The focus will be on fields ranging from second-life batteries and circular economy to new fintech, insurtech and digital services.

Emergence of new technologies and consumer trends is impacting the automotive industry with others. This has forced the companies to innovate constantly and present new products and service to stay relevant. Being a a highly competitive and cost sensitive industry companies are devising new innovation strategies and introducing open innovation approaches.

Source: Jaguar Land Rover

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Fintech Applied Innovation

AI-Based Models aiding Financial Institutions with Credit Score Assessments

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Fintech Applied Innovation

AI-Based Models aiding Financial Institutions with Credit Score Assessments

Artificial intelligence has been around for a while now, and technology is only getting more capable. From self-driving cars to personal digital assistants, AI is integrating into our daily lives in ever-more sophisticated ways. In this article, we’ll explore how artificial intelligence can help financial institutions to generate credit reports and make lending decisions.

Importance of Credit Score for FI

A credit score is the first thing lenders check when you apply for a loan or a credit card. This three-digit numeric is a summary of the entire credit history that determines a consumer’s creditworthiness, the higher the score, the better the borrower’s chances of getting a loan. It is prepared based on lenders’ data and consolidated in the Credit Information Report or CIR. Criteria such as payment history, credit utilization ratio, Credit history length, Credit mix, etc are factored in for this. 

Limitations of Traditional Credit Scores

Although credit scoring systems are being implemented and used by most banks nowadays, they have limitations and can’t be used to make accurate predictions. The score depends upon the quality of data that is used, if the data is erroneous with missing values or outliers the resultant scores may not be accurate. Along with the availability of high-quality data, the data should also be predictive so conclusions can be drawn from it and defaults can be predicted. Traditional credit scores due to the limitations discussed are getting outdated and even irrelevant in some cases. 

AI-based Credit Scoring

Artificial intelligence (AI) can play a role here and make precise predictions based on smart models. AI through its cutting-edge analytical technologies can hugely impact the financial sector and can offer excellent returns on their investment. AI-based credit scoring unlike focusing on the past performance of the borrower can be more sensitive to real-time indicators of a potential borrower like the existing level of earnings, employment prospects, and their potential ability to earn. These models can also give individualized credit score assessments based on real-time factors, giving access to finance to more people with income potential.

With these scoring models, banks also can get unique insights into their customers’ financial behavior and leading to better customer segmentation in terms of associated credit risk. Also after the disbursement of the loan these customers can be monitored and red flags can be raised as soon as a behavior is deviant from standard practices. With the help of AI, it is also possible to speed up lending decisions and processing of loans leading to better customer service and productivity of employees.

Credit scores are determined by algorithms neural network-based scoring. A neural network is a machine-like system that can learn from data and make decisions based on those data sets. These types of scoring can detect small variations in data sets and make more accurate predictions and can help solve the problem of credit scoring. As these models can learn from data without requiring any rules-based algorithms they can better assess the credit risk. With these advantages, financial institutions are relying on machine learning to process big data and produce better insights.

Alternatives to Credit Score

Data points produced by a large number of digital transactions can offer valuable insight into how people manage their financial commitments. There are endeavors going on for developing alternatives to create credit score models based on AI methods to evaluate a person’s creditworthiness, particularly for those who do not have a formal credit repayment history.

In the various financial institutions, these solutions are being implemented at different levels and improving how they operate. Please contact us at open-innovator@quotients.Com if you would like additional information or explore this and other rapidly evolving solutions in a variety of fields.

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Applied Innovation Fintech

How is Artificial Intelligence Impacting Corporate Banking

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Applied Innovation Fintech

How is Artificial Intelligence Impacting Corporate Banking

With FinTech posing a challenge to the traditional banks and disrupting their core financial services, it has pushed the banks to innovate to remain relevant. There is an increased reliance on Artificial Intelligence (AI) by the banks to meet the competition posed by the FinTech players.

The impact of AI in retail banking can already be seen in retail banking, like customer service chatbots, credit scoring, and the use of data analytics in the segregation of customers and pitching of customized products. AI has also the potential to be leveraged in corporate banking and is being recognized now. Some of the application of AI in corporate banking is being discussed here.

Detect Money Laundering


AI can equip banks with technologically intelligent weapons to help detect money laundering. AI can be used to monitor and scan customer profiles and finding the origin of funds and identify high-risk individuals. Transactions can also be monitored to raise alerts in case of aberration from the regular transaction. Machine learning models can also be used to detect changes in customer behavior and the nature of their transactions. ML can also reduce the number of false alerts effectively compared to traditional anti money laundering devices.

Eliminate Discrimination in Lending


Apart from transaction data and data provided to the bank, AI can also analyze large amounts of external data related to customers like professional, institutional, political, and social like the information in media, social networks, and the public through natural language processing. Financial institutions can thus eliminate discrimination in lending, and to make credit decisions. Algorithms can assist in making the right credit decisions and improve customer relations.

Cross-Selling and Offering Tailored Services


AI-based solutions can equip Relationship Managers (RMs) to provide appropriate and timely advice to their clients by scanning their profiles and transaction history and generating the products best suited for them. This can help banks in cross-selling and offering tailored services By using predictive analytics and algorithms to analyze client behaviors, it can generate inputs in between the conversations and help close the deal.

Reducing Turnaround Time


Through Robotic process automation– using software robots — labor-intensive and repetitive tasks can be drastically reduced and turnaround time for various services and productivity of employees can be improved. It can play an important role in automatic report generation, account opening, customer onboarding, loan processing, and a wide range of back-office processes. Thus, by automating manual business procedures AI allows banks to stay competitive in an ever-evolving market.

Big Data for Predictive Analytics


Banks generate huge amounts of data through interactions and transactions. This can be analyzed by helping banks to comprehend all those client interactions and predict future behavior and providing them with valuable insights.

There are various solution is being deployed at various levels in the banking industry and having a positive impact on their functioning. To know the details and discuss more on this as well as other evolving solutions in multiple domains please write to us at open-innovator@quotients.com.


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Applied Innovation Healthtech

AI-assisted Digital Physiotherapy resulting in Positive Outcome for Patients

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Applied Innovation Healthtech

AI-assisted Digital Physiotherapy resulting in Positive Outcome for Patients

The digital economy saw accelerated growth during the covid19 outbreak. The pandemic presented many windfall opportunities for digital technologies– represented by the Internet, big data, 5G, and artificial intelligence– to expedite their deep integration with industries such as retail, finance, mobility, manufacturing, healthcare, etc.

Digital Health

Digital health, the use of information and communications technologies in health professions to address illnesses and health risks and to facilitate wellness, was increasingly leveraged world over to accelerate, compliment, and optimize health care service during the pandemic and it continues to evolve. There is an increasing trend among people relying on digital platforms for their well-being.

Digital Physiotherapy

Digital Physiotherapy is one of the applications in the digital healthcare domain that is gaining popularity and physical therapists around the globe are making use of technological advancements for providing care to their patients. It relies on smartphone-based computer vision for motion tracking and an app for functioning. Motion tracking, a subfield of computer vision and an extension of object recognition follow and monitors the motion of a person or object across multiple frames in a video.

Digital Physiotherapy Positively Impacts Patient Management

This has great potential to positively impact patient management as these solutions are scalable and can overcome obstacles like cost as these patients can recover from the comfort of their homes and also save on medical expenses and time. Such solutions can also be individualized to meet patient and clinician needs and expectations. But there are also challenges like lack of standardization and require more reliable measures of evaluation than those existing at present.

There are solutions that are coming up and are using this technology to capture exercise data like the speed and range of motion of the patient. This data is monitored by a team of experts who engage through video calls and messaging. There is also an option for real-time corrective feedback to ensure that the recommendations are being followed and to provide personalized care.

AI Assisted Care

Digital physiotherapy solutions depend on an app to help patients choose a time of treatment according to their convenience and interact with the physiotherapist in real time. There are also options for the patients to know all their details as they can access all their records all the time. The patients can conduct the exercise sessions at the time they choose and get guidance through AI (Artificial Intelligence) so there is no need for the doctors to be present every time. Therefore, it saves time both for physiotherapists and the patients allowing for the treatment of more patients.

As the whole process is virtual so the treatment can be done through a compact personal studio rather than a clinic saving large costs on rent and maintenance. Automated record tracking and clubbing together of identical cases can help the physiotherapists to study the process and outcomes and come up with standardized treatment saving time and effort.

This digital physiotherapy solution is being deployed at various levels in the healthcare industry and receiving positive feedback. To know the details and discuss more on this as well as other evolving solutions in multiple domains please write to us at open-innovator@quotients.com.