PreScouter + GE Healthcare: How will the Internet of Things Impact your Industry?

transcript

Pioneering companies proactively embrace change —not on a reactionary basis…but as an opportunity to challenge the status quo and achieve greater success.

Brian Kennell , former president and CEO, Tetra Pak Inc.

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Failure to embrace change

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Unexpected Competition

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Problem to production

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Production-ready in spring 2017

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The Internet of Things Report

• In depth analysis• Reviews on existing IoT technologies• In-depth interviews from leaders• For the full report, email

aelliott@prescouter.com

Dr. Sofiane BoukhalfaDr. João Guerreiro

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The Internet of Things

~100,000 BCE

IoT will be a$1 – 11 trillion

market by 2025

2900 BCE 1436 ADE

1969 ADE

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The Internet of Things Keynote Speaker

Bill Shingleton BSc, PhD.

Technical Lead, GE Healthcare Life Sciences, Core Imaging

The Industrial Internet andDigitisation of Healthcare

Bill ShingletonGE Healthcare Life Sciences

• General Electric Company reserves the right to make changes in specifications and features shown herein, or discontinue the product described at any time without notice or obligation. This does not constitute a representation or warranty or documentation regarding the product or service featured.

• DESCRIPTIONS OF FUTURE FUNCTIONALITY REFLECT CURRENT PRODUCT DIRECTION, ARE FOR INFORMATIONAL PURPOSES ONLY AND DO NOT CONSTITUTE A COMMITMENT TO PROVIDE SPECIFIC FUNCTIONALITY. TIMING AND AVAILABILITY REMAIN AT GE’S DISCRETION AND ARE SUBJECT TO CHANGE AND APPLICABLE REGULATORY CLEARANCE.

• General areas represent ongoing product research and development efforts. These research and development efforts are not products and may never become products. Not for sale. Not cleared or approved by the FDA or any regulatory body for commercial availability.

• Any descriptions of future functionality reflect current product direction, are for informational purposes only and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.

• GE, the GE Monogram, Centricity, Centricity 360, Predix, and Imagination at work, are trademarks of General Electric Company.

• DICOM is a registered trademark of National Electrical Manufacturers Association (NEMA).

• Predix™ is GE’s software platform for the Industrial Internet. Predix enables asset and operations optimization by providing a standard way to run industrial-scale analytics and connect machines, data, and people. Whether your solutions are deployed on machines, on-premise or in the cloud, Predix provides an integrated stack of technologies for distributed computing and big data analytics, asset management, machine-to-machine communication and mobility, meeting your needs for scalability, extensibility, customizability, and security.

• All other product names and logos are trademarks or registered trademarks of their respective companies.

GE: A HERITAGE

OF INNOVATION

• Founded by Thomas Edison in 1878

• Only company from the original 1896 Dow

Jones index still listed today

• Rated AA+ with stable outlook by S&P

• 305,000 employees world-wide operating

in more than 160 countries

GE TODAY

A V I AT I O N TRANSPORTATION

H O M E & B U S I N E S S ,

S O L U T I O N S ,

E N E R G YEnergy Services

Oil & GasPower & Water

H E A LT H C A R E

How will this impact industrial companies?

Software is Impacting Every Industry

The partner ecosystem is our force multiplier

Joint Selling

SystemIntegration

ISVs TelcosTechnology

PartnersResellers

Customized Solutions Strategic Partnerships

275+ target accounts across 30+ partners … 1,000s of certifications drive share and help build the app economy … 10x multiplier

Asset Performance Management

Brilliant Manufacturing

Intelligent Environments

Maximize operational & economic performance

Increased productivity & operations optimization

Optimize infrastructure performance

1. Better customer outcomes

2. Improved productivity

3. Ability to continuously add value

Creating value

GE Focus on Innovation

For GE~$210B of Services backlog

Improvement a win-win with customers

GE Opportunity

Digital Twin

Farm output 1% Farm profit 4%

Problem – Wind Farm Optimization

ObjectiveIncrease farm power by reducing inter-turbine wake induced losses

ChallengesScale, Uncertainty

Solution – Coordinated Turbine Control

Networked Controls

ControlsDistributed optimization

CommunicationsFarm-wide awareness

Wind: Farm Optimization

Command Centers

Healthcare: Cloud Advanced Visualization

Knowledge + collaborative ecosystem around smart devices

THIS IS GE HEALTHCAREAn overview

BROAD SOLUTIONS FOR HEALTHCARE

Diagnostic and Interventional Imaging

Patient Monitoring

Maternal and Infant Care

Anesthesia and Respiratory Care

Diagnostic Cardiology

Healthcare IT

Life Sciences

Healthcare Consulting

Global Services

GE Healthcare, Life SciencesAccelerating precision medicine with tools for biotechnology R&D, biopharma

manufacturing, cell therapy & regenerative medicine, diagnostic imaging, molecular & precision diagnostics

Five product business units 10 000 people 100+ countries Manufacturing, research & development in US, Europe and Asia

Genome & Cellular Research

BioProcessCore Imaging

Purification & Analysis

CellTherapy

GE Healthcare Life SciencesCore Imaging

Leading-edge contrast agents and

tracers for:

Ultrasound

Nuclear medicine & PET tracers for

diagnostic imaging &

pharmaceutical research

An example of exploration

Life Sciences – An overview

Opportunity: Cardiology as an example?

Echo Lab

Echo-cardiography

Systems

Contrast media

Image Archive and Review

CV Imaging

CT Scanners

MR Scanners

PET Scanners

SPECT Scanners

Contrast media

Imaging Agents

Diagnostic ECG

ECG recorder Resting/Stress

Ambulatory ECG recorders

Mobile recorders

Treadmills

EP Lab

EP recording systems

Combined HD and EP

recording systems

Digital X-ray

C-arm Imaging systems

Cath Lab

Digital X-ray

Contrast Media

Image Archive and Review

Hemodynamic recording

Patient monitor

Healthcare is evolving to a collaborative care model

Current Hospital-centric Model

Care Pathways

Patient data consolidation

Solutions

Interoperable

Patient Centric

Open Patients

Collaborative Care Model

Fee-for-Service Outcome Driven

Hospital centric

Episodic

Departments

Proprietary

Data silos

Hospital

JB35904US | Nov. 2015

Challenge 1: Patient records not easily available when needed

of patient cases misdiagnosed, contributed

by lack of collaboration and access1

1 “Types and Origins of Diagnostic Errors in Primary Care Settings,” Journal of American Medicine, 2013JB35904US | Nov. 2015

Challenge 2: Increasing cost and burden of managing data growth

Healthcare data growth by 2020

153exabytes

2013 20201

exabytesof health data

1 5http://www.cio.com/article/2375691/healthcare/healthcare-why-health-data-is-a-big-data-challenge.html2 CIO magazine. May 2013JB35904US | Nov. 2015

Challenge 3: Lack of systems’ interoperability resulting in workflow

inefficiencies

Interoperability of systems could save

healthcare ecosystems -

$30Ba year1

JB35904US | Nov. 2015 1 http://www.westhealth.org/sites/default/files/The-Value-of-Medical-Device-Interoperability.pdf

PredixTM : Open standards and protocols that enable rapid software development

Healthcare is unique. The Cloud must address scalability and interoperability, and be built to healthcare standards

InteroperabilityPrivacy and Security

Data ManagementAnalyticsUser Experience

High Availability

JB35904US | Nov. 2015 Any descriptions of future functionality reflect current product direction, are for informational purposes only and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.

Introducing GE Health Cloud

Connect Collaborate Compute

It will deliver a scalable, elastic and secure solution

Plus, it’s more than a platform. It’s designed to be an ecosystem

ThirdParty

Applications

500,000GE Healthcare

Imaging Devices

GE Centricity Cloud Applications

Any descriptions of future functionality reflect current product direction, are for informational purposes only and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.JB35904US | Nov. 2015

Remote Clinicians

Hospital

Advanced Visualization

Enabling greater value from technology investments…

Data sent to Cloud

Images processed in Cloud

View & manipulate images on browser devices

GEHC Cloud + AV Algorithms

Leverage cloud compute power to enable access

to non-diagnostic 3D views & Image post-

processing

Enable research institutions and 3rd party providers

to run and share prototype algorithms

Algorithm DeveloperAlgorithm

Tester

• Anywhere access to 3D views (Rads, Specialists, Device Manufacturers)

• Navigate findings, and rotate 3D segmentation

• Publish and share algorithms

• Analyze results (automatic & assessments)

• Batch processing of algorithms on large volume sets

• Algorithm Examples:

o MR – VIPER, MR-bone…

o PET – CFR, Q.Clear

o LS – Cortex ID

Increased scalability, mobility and flexibility to drive improved clinical & productivity outcomes

Algorithm Framework

Compute: Leveraging cloud elastic processing for ubiquitous access to reconstruction and latest clinical insights algorithms

Could enable 15,000 GE Healthcare MRI units with risk quantificationfor Alzheimer’s, Dementia, Multiple sclerosis, Trauma and Epilepsy.

Could enable 2,500 GE PET unitswith risk quantification for Alzheimer’s and other Dementia, with FDG and flutometamol

Could enable 30,000 GE CT unitswith on-demand model based reconstruction for lower dose on pediatric patients

1 Alz. Org , 2015 ALZHEIMER'S DISEASE FACTS AND FIGURES, http://www.alz.org/facts

From 5 million today to

13.8 MAlzheimer’s

patients in the US by 20501

JB35904US | Nov. 2015

Any descriptions of future functionality reflect current product direction, are for informational purposes only and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.

1 Internal budget documents. Annual spending in 2015. 2 Internal documentation. Predix Cloud Messages.

Any descriptions of future functionality reflect current product direction, are for informational purposes only and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.

Customer interest should always be directed to Medical Affairs or a trained Sales Specialist

Unless an individual is properly trained, qualified and authorized to promote a GE Healthcare pharmaceutical product, they must not attempt to promote in any way a

named pharmaceutical product.

Important!

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THANK YOU!