Where the big money is in WiFi

By Dana Blankenhorn | Jul 10, 2009 |

You make think that WiFi is free, or free for the cost of a cup of coffee.

Advocates have been disappointed as cities and towns cancelled their efforts to build great WiFi clouds, citing costs.

But there is one area where WiFi has proven not only a boon to surfers, but a necessity to users, and an enormous profit center to boot.

Hospitals.

ABI Research write that it expects WiFi in healthcare to be a $4.9 billion market in 2014, as hospitals and clinics develop increasingly sophisticated installations.

WiFi is great for hospitals. It frees doctors from being tied to a phone. It can deliver medical records to a patient’s bedside in a flash. A hospital system can have all the security and auditing of its wireless it needs, at a reasonable cost. The system can be managed from a hospital’s IT department. Capacity can be expanded easily where it’s needed by adding antennas.

ABI’s report says no vendor has a complete solution, but that is mainly evidence of a fast-growing market, in which the definition of a “complete solution” is constantly changing.

As imaging and diagnostic machines deliver better reports and bigger files, as client devices evolve to handle the files, and as security becomes an increasing concern, this is a great and growing market for suppliers of equipment, software and services as well.

But there is another smart takeaway from this report.

If you can define a facility with a high need for wireless connectivity, the same goods and services that are profitable in the health market can be profitable for you, too.

Driving this technology into health clinics, into factories, onto corporate campuses, and into office buildings is an enormous profit opportunity.  The health care industry has already done your R&D, and your market testing. All you need do is sell it, install it, and service it.

 
Reply to Story

SmartPlanet TalkbackShare your ideas and expertise on this topic

Subscribe to this discussion via RSS

  •  
    1

    SocratesRedux

    07/12/09 | Report as spam

    RE: Where the big money is in WiFi

    Think BIGGER!. The eventual Internet/WWW configuation is a multi-layered, fully secure, packet-encrypted Wireless "system."
    Fully-capable Home health diagnostics deliver up-to-the-second information to be analyzed and "alerted" as necessary to professionals..
    "Gestalt" algorithms search data sets for patterns and abnormal (or normal) signatures that help Professionals pinpoint problems in environment and lifestyle.
    DNA baselines are compared over time for changes, alerting to disease manifestation.

  •  
    2

    Hardik Upadhyay

    07/16/09 | Report as spam

    True potential..... But....

    I totally agree with the author about the current scenario in the health
    sector. But lot of issues are actually missed by the author which i feel
    should be considered.

    First thing is usage of wireless devices is considered harmful for the
    patients. If free WiFi is provided in the hospital, then it will pose a
    threat for the patients in the hospital.

    Lot of equipments work on high voltage and it should be precise
    enough to show accurate readings. If this thing is ignored then it will
    prove to be a negative for the service providers.

    Also i personally think that using internet especially open wifi in
    hospital is not a good idea. Anyway every technology has its benefits
    and shortcomings. Its on us how we manage its problems and find a
    solution.

  •  
    3

    Route66rider

    07/24/09 | Report as spam

    RE: Where the big money is in WiFi

    Unfortunately, there are those among us (Luddites?) who are so anti-technology that if they were around us in strength at the time of Thomas Edison we would still be using candles....

The following tags are supported in Smartplanet comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. Name: You are currently: a Guest |
advertisement

Quick Poll

advertisement
Click Here
advertisement
Click Here
advertisement

John Dodge

John Dodge has answered the call of journalism for 33 years, most of the time covering technology, engineering and business. While he's run magazines, newsweeklies and web sites, reporting and writing always took up half his time. He has have plied his craft at the WSJ, Boston Globe, PC Week (now eWeek), EDN, Design News, Electronic Business, Bio-IT World, Health-IT World, the Lowell Sun, Haverhill Gazette and Newburyport Daily News. He would have like to have been around when Boston supported seven or more newspapers (1940s) and while steam locomotives still pulled trains, but that era was nearly over by the time he raced into the world. That said, he has been blogging and shooting and editing video, writing for web and other online contents tasks for years now.

He has won numerous journalism awards in the past two years, including two Eddie Golds, one Neal finalist and the IEEE Award for Distinguished Journalism all for his reporting and coverage of the Boeing 787 Dreamliner.

Besides his family and myriad hobbies, reporting and writing is why he gets up in the morning. His personal blog focuses on netbooks and is called The Dodge Retort.

John Dodge

John Dodge prides himself on completely independent journalism. His opinions, observations and reporting are not influenced by any financial holdings. He holds no shares in computer, electronics, software or Internet companies. He also has no business affiliations with organizations except with those for which he creates content as a freelancer.

Dana Blankenhorn

Dana Blankenhorn has been a business journalist for nearly 25 years and has covered the online world professionally since 1985. He founded the Interactive Age Daily for CMP Media, and has written for the Chicago Tribune, Advertising Age's "NetMarketing" supplement, and dozens of other publications over the years.

Dana Blankenhorn

Dana Blankenhorn has been a technology reporter since 1982, a business reporter since 1978, and a writer for as long as he can remember. His Schwab IRA has a few tech stocks in it, most notably some Intel and Applied Materials bought over 10 years ago. But the vast majority of his tiny fortune (emphasis on the word tiny) is invested in mutual funds. He presently writes for no one else but ZDNet, SmartPlanet and himself. But if you've got an opportunity let him know. If he takes the gig he"ll first add it to this disclosure page.
The Thinking Tech blog focuses on technologies such as virtualization, smart electric grids, enterprise 2.0, open source, data center management, green technology and the intersection between the innovation and application of these advancements.