GE Healthcare - Digital Transformation Strategies

This report provides insight into GE Healthcare's digital strategies, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Highlights

• GE Healthcare LLC (GE Healthcare), a business unit of General Electric Company, is a global medical device provider that designs, develops, manufactures, and distributes diagnostic imaging and clinical systems; products and services for drug discovery, biopharmaceutical manufacturing, and cellular technologies, imaging agents used during medical scanning procedures and a range of healthcare IT solutions.
• In April 2019, GE Healthcare partnered with NASSCOM CoE-IoT, an innovation hub based in India that helps start-ups for collaborative innovation.
• Launched in August 2019, Edison [X] is the first start-up collaboration program by GE Healthcare
• HVL accelerator program launched in Budapest is a joint venture between GE Healthcare and EIT Health, a healthcare initiative by the European Institute of Technology and Innovation.
• Established in October 2017 in Sweden, Innovative Design and Advanced Manufacturing Technology Center is a 3D printing lab and design center by GE Healthcare.
• GE Healthcare and MIT jointly launched the MIT Catalyst Program at the University of Debrecen in Hungary in 2020
• In August 2018, GE Healthcare partnered with the Swedish government to open an innovation center in Sweden named Testa Center, hosting four bioprocessing laboratories to test discoveries that can be applied in biopharmaceuticals production.
• GE Healthcare and MIT jointly launched the MIT Catalyst Program at the University of Debrecen in Hungary in 2020.
• In December 2020, GE Healthcare and Wayra UK, a global Open Innovation Hub, co-launched the Edison Accelerator, an accelerator program to support digital health start-ups to develop AI applications in the EMEA region.
• Wipro GE Healthcare, a Joint Venture between General Electric and Wipro Enterprises Limited, partnered with The Indian Institute of Science (IISc) to launch a Healthcare Innovation Lab in September 2020

Scope

• With multiple acquisitions, GE Healthcare gathered disparate IT applications and solutions which adversely affected its IT infrastructure causing server sprawl and redundancies.
• GE Healthcare adopted a cross-platform cloud strategy to streamline the deployment of its existing applications on the cloud.
• GE Healthcare has established a concept of Command Center, a centralized hub to deliver better hospital management and enhance clinical operations.
• GE Healthcare is using analytics to support care providers delivering the right treatment to the right patients at the right time. It relies on big data to understand and analyze the data and derive useful insights from it.

Reasons to Buy

• Gain insights into GE Healthcare's tech operations.
• Gain insights into its digital strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches, partnerships, and acquisition strategies.