JAGGAER had highlighted the company’s Digital Mind strategy at Arab Health last month.
JAGGAER Digital Mind integrates modern technology to facilitate better decision making, predict and mitigate risk, share skills and knowledge and facilitate collaboration between stakeholders and suppliers.
Hany Mosbeh, vice president of sales, Middle East & Africa, JAGGAER, said, “The healthcare sector is increasingly adopting disruptive technologies into the IoMT ecosystem including artificial intelligence (AI), augmented and virtual reality (AR/VR), and robotic process automation (RPA).
“From a procurement perspective, these technologies are also being utilised in our systems, having far-reaching benefits for the healthcare industry.”
The core set of advanced strategies includes embedded intelligence, predictive analytics, and real-time user guidance to support healthcare procurement teams with strategic decision making, procurement efficiency, risk reduction and customer service.
In a report published by Deloitte, the size of the global market for the Internet of Medical Things (IoMT) is expected to top $158 billion by 2022, with the IoMT market in the MENA region, reaching US$9 billion.
The new Digital Mind strategy incorporates JAGGAER Adopt, Assist and Advise.
The latter enables users to be more proactive in recognising areas of improvement and mitigating challenging situations such as supplier risk.
By leveraging a combination of advanced predictive analytics, machine learning, and customer-specific business rules, JAGGAER Advise enables procurement professionals to identify steps that could improve performance or results and take corrective action on behalf of users.
Furthermore, the software provides data-driven actionable insights and recommends the next steps to mitigate the risk of supply disruptions, supplier qualification and performance issues, and underperforming sourcing events.
JAGGAER’s supports over 120 healthcare organisations around the world by helping them to modernise and transform their procurement capabilities and drive their industry forward. Companies include the Dubai Health Authority, Uniting Care, NHS England, HCA Healthcare, and Bright Horizons.
