Research Commercialisation on the Internet of Medical Things (IoMT)

IEEE Monthly Technical Talk on Data Analytics and Internet of Things (IOT)

Despite a preponderance of research on the Internet of Medical Things (IoMT), few applications move from pilot projects to commercially sustainable systems. Further, those that do are characterised by long lead times and huge investments. A review of several systems reveals that successful translation from pilot systems to commercial deployments depends on a confluence of innovative technologies, sound business models and effective clinical designs. Unfortunately, this confluence is relatively rare.  A framework is proposed that enables the technical, business and clinical case for digital health technology to be assessed so that deployment designs can be iteratively modified to ensure successful confluence. Case studies in remote patient monitoring and telemedicine illustrate that the three canvases can effectively guide digital health designs. 

Dr Venki Balasubramanian is a senior lecturer at Federation University, and Founder of Anidra Tech Ventures Pty Ltd. Balasubramanian is a pioneer in remote monitoring application with a PhD in Body Area Wireless Sensor Network (BAWSN) from the University of Technology Sydney in 2011. He was also awarded the Erasmus Mundus scholarship (NordSecMob – Program in Security and Mobile Computing, Aalto University, Finland for the academic year 2011 -2012). He founded Anidra Tech Ventures Pty Ltd to commercialise their research on remote patient monitoring conducted over several years. The technology processes blood pressure, heart rate, ECG, breath rate, and body temperature data from patients’ sensors to detect deterioration. The company has completed clinical trials in major hospitals and the Defence Research and Development Organisation, India (DRDO) as the client.

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