3. A "digital backbone" will emerge across the industry … but who will own it?
At present, the health industry has no universal digital standards and the variety and volume of data being generated is huge. There’s also no single infrastructure that fuses all the available health data. Without this, holistic and consumer-oriented change will be impossible.
While a comprehensive infrastructure has yet to emerge, more limited “digital backbones” have started to appear. These initial efforts are, for now, only point solutions.
To transform health care, data need an infrastructure that is both broader and more flexible. To achieve scale, the optimal digital backbone will need to combine open source platforms, application program interfaces and storage architecture. It must be accessible to multiple collaborators and designed for the patient-consumer.
To avoid ceding value in the future, health and life sciences organizations need to consider how their products and services will align with the emerging data infrastructure. This may mean identifying the right digital backbone developers to work with – or being bold and making the first move to build that infrastructure.