In: Operations Management
Provide an example of Frugal Innovation in health care related to the use of Information and Communication Technologies (ICT). Do some research on the idea of Frugal Innovation in healthcare and identify an innovation (or come up with an idea) where the Frugal Innovation is significantly connected to ICT. Please note the emphasis on Frugal – not just any innovation in healthcare.
Everything in medicinal services is regarded creative. The word brings out pictures of innovation and cutting edge systems. Microchips, PCs and servers get littler while their capacity limit becomes greater.
Creation and development will in general be connected with innovation. Be that as it may, this limit of perpetual creation and development additionally requires unlimited assets, which the medicinal services industry simply doesn't have.
Frugal innovation accomplishing more with less rethinks the customary thought of innovation in medicinal services. It is regularly examined with regards to rising nations and economies, for example, country China and India, and may incite pictures of stopgap devices and advances. An absence of assets requires the business to discover better approaches to get things done.
For example, in India GE Healthcare launched MACi, a low-cost portable ECG (electrocardiogram) device. This new ECG device is capable of completing 250 ECGs for every 3-hour battery charge and is particularly suited for rural India where healthcare is delivered through primary health clinics. This is a device aiming at bringing down healthcare costs in rural India.
In this case, GE did not "invent" ECG device, they just came up with a cheaper and more efficient device that can be used in a rural area.
Please up vote. Thank you so much. Your up vote is so valuable to me. Please.