Consumerization of Medical Devices: The Road Ahead for Pharma & Healthcare Industry

Event overview

The roundtable is hosted by Infosys to provide a platform to share the mindshare on medical devices and the road ahead for them.

Speaker profiles

Byron Schneider
Director-R&D, Boston Scientific
Byron is currently Director of Systems and Firmware Engineering at Boston Scientific. He has been involved in various aspects of Class III medical device product development for over 20 years, including utilizing global R&D resources for the past decade. His experience in product development includes implantable devices such as pacemakers and defibrillators, as well as the external systems these devices interface with such as clinician programmers and patient home monitoring devices. These products are used to save and improve the lives of patients with cardiovascular disease.

Pratik Aggarwal
Director, Data Science & Informatics Innovation, Medtronic
At Medtronic Diabetes, Pratik leads the R&D strategy and roadmap for data science and informatics across the Diabetes Group. He is responsible for directing the company’s technology pipeline and developing products that use data science and artificial intelligence to achieve patient outcomes. This includes projects associated with algorithm development and analytics of continuous glucose monitoring (CGM), insulin pump information and other internal and external patient data from electronic medical records, wearable sensors, and claims databases. Pratik joined Medtronic in 2010 during which he has been responsible for establishing and leading a data science team that is responsible for big data, predictive analytics, and informatics efforts across the Diabetes Group. Pratik has played central role in the development of the Sugar.IQ smart diabetes personal assistant mobile application that was developed in partnership with IBM Watson. He also led the creation of decision support algorithms using statistical pattern recognition techniques for effective therapy management of type 2 patients.

Saurabh Gupta
Chief Research Officer, HFS Research
Saurabh Gupta is Chief Research Officer at HFS. He oversees HFS’ global research function managing the global team of analysts across US, Europe, and Asia-Pac. He works closely with the CEO to set the strategic research focus and agenda for HFS Research, understanding and predicting the needs of the industry and ensuring that HFS maintains its position as the strongest impact thought leader for business operations and services research.

Subhro Mallik
SVP and Global Head of Life Sciences, Infosys
Subhro Mallik is the SVP and Head of Life Sciences business unit at Infosys. He leads a team of client partners and sales executives to grow Infosys business in existing and new clients. He brings rich experience of growing new businesses, building teams, and ensuring profitable growth. Subhro was one of the founding members and member of unit leadership team for Infosys Infrastructure Management Services business unit (IMS). He led conceptualization of service offerings and go-to market strategy for IMS. Subhro has been with Infosys since 1998. He has a bachelor degree in engineering from Indian Institute of Technology, Roorkee and completed Infosys Global Leadership Program from Stanford University Graduate School of Business.

Description on event

The medical device industry is witnessing transformational changes due to globalization, an uncertain macro-economic climate, changing regulations and technology advancements. Device manufacturers along with pharma ecosystem are increasingly focusing on technologies with ‘consumerization’ of healthcare, bringing in innovation in strained R&D budgets, leveraging market opportunities with localized offerings, and lastly optimizing processes for regulatory compliance without affecting cycle times. In this context, it is imperative to pose questions and seek answers on multi-disciplinary capabilities to deliver innovative care solutions, design for globalization markets, sustain innovation potential on restricted budgets, and fast-track regulatory compliance.

The medical device industry is undergoing a revolutionary transformation in the way solutions and devices are being formulated and developed. Medical devices are becoming more connected than ever and remote patient monitoring with data analytics is becoming a norm. It is imperative for the medical device companies to adopt a strategic approach to stay ahead of the innovation curve by leveraging technology advancements in multiple areas such as mobility, wireless, cloud, and analytics to drive innovation that addresses market needs and challenges of longer device development cycles, optimization of development processes, and high production costs.

Infosys is hosting a strategy and networking session with peers from the industry to discuss the challenges and opportunities in digital adoption and how to leverage the new technologies across the medical device industry. Leading practitioners from buyer side and system integrators will share their perspectives that will help carve your organization’s new digital journey — and of course, it’s a great opportunity to network with your peers from other organizations over drinks and dinner!