Silverchain – Digital Transformation Strategies

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Silverchain Digital Transformation Strategies Overview

Silverchain leverages a real-time, cloud-based Microsoft platform to consolidate real-time patient care information on a single platform. Cloud, virtual care and telemedicine, connected patients, and mixed reality are among the key technologies under focus for the company. The annual ICT spending of Silverchain was estimated at $9.4 million in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors.

Silverchain leverages a real-time, cloud-based Microsoft platform to consolidate real-time patient care information on a single platform and securely share it with partner hospitals. The platform allows for instantaneous updates across the business, creating a central database for real-time patient reporting. Further, the platform alerts staff when scheduled actions are not updated.

The Silverchain digital transformation strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology initiatives, technology introductions, and ICT spending among others.

Total ICT Spending 2023 $9.4 million
ICT Spend by Function Network, Application, Data Center, Management, End-User Computing, Communications, and ICT Service Desk
ICT Spend by Channel Internal Development and Maintenance, Technology Vendors (Direct), ICT Services Providers/Consulting Firms, Telcos, Local Resellers, Specialist Outsourcers, and Systems integrators
External ICT Spend by Segment Software (including Cloud SaaS), ICT services, Network and communications, Hardware (including Cloud IaaS), Consulting, and Others
Technology Theme Focus Cloud, Virtual Care and Telemedicine, Connected Patient, Mixed Reality, Personal Health Data
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Digital Transformation Strategies

Silverchain leverages a real-time, cloud-based Microsoft platform to consolidate real-time patient care information on a single platform and securely share it with partner hospitals. The platform allows for instantaneous updates across the business, creating a central database for real-time patient reporting. Further, the platform alerts staff when scheduled actions are not updated. For instance, the platform issues an alert if nurses or care providers fail to document the completion of tasks such as the administration of medicines. The alert can be turned off only with a manual override. This feature improves patient care transparency and accountability.

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Silverchain Technology Theme Focus

Silverchain is leveraging a variety of emerging digital technologies, including mixed reality, virtual care and telemedicine, cloud, and connected patients to provide better home care & home support services and to enhance operational efficiency.

Silverchain Technology Theme Focus

Silverchain Technology Theme Focus

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Silverchain Technology Initiatives

Silverchain has been involved in several strategic technology partnerships and collaborations, technology rollouts, and acquisitions over the past few years. For instance, Silverchain collaborated with Datos Health, a US-based remote care company, to provide better remote healthcare services to clients across Australia. Under the partnership, Datos Health provided its remote monitoring platform and patient care app to Silverchain. The healthcare company plans to initially apply the remote monitoring platform to its mental health model of care which is being trialed for older people with depression. Datos Health’s remote monitoring platform will enable Silverchain’s nurses to remotely monitor changes in a patient’s health condition and intervene quickly to prevent adverse events.

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Silverchain ICT Spend by Function

  • Network
  • Application
  • Datacenter
  • Management
  • End-user computing
  • Communications
  • ICT Service desk

Silverchain ICT Spend by Function, 2023(%)

Silverchain ICT Spend by Function, 2023(%)

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Silverchain ICT Spend by Channel

  • Internal development and maintenance
  • Technology vendors (direct)
  • ICT services providers/Consulting firms
  • Telcos
  • Local resellers
  • Specialist outsourcers
  • Systems integrators

Silverchain ICT Spend by Channel, 2023(%)

Silverchain ICT Spend by Channel, 2023(%)

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Silverchain External ICT Spend by Segment

  • Software (including Cloud SaaS)
  • ICT services
  • Network and communications
  • Hardware (including Cloud Iaas)
  • Consulting
  • Others

Silverchain External ICT Spend by Segment, 2023(%)

Silverchain External ICT Spend by Segment, 2023(%)

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Scope

This report provides:

  • Insight into Silverchain’s technology activities.
  • Overview of technology initiatives covering product launches, and partnerships.
  • Insights on each technology initiative including technology theme, objective, and benefits.
  • Details of estimated ICT budgets.

Reasons to Buy

Reasons to buy

  • Gain insights into Silverchain’s technology operations.
  • Gain insights into its technology strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into its various product launches and partnerships.

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Table of Contents

  • Overview
  • – Brief information about the company, its business divisions, and its financials
  • Digital Transformation Strategy
  • – A summary of key digital strategies/implementation efforts of the company
  • Accelerators, Incubators, and Other Innovation Programs
  • – Discusses the company’s key strategic units, innovation labs, incubation, and accelerator programs dedicated to technology innovation
  • Technology Focus
  • – Lists the technology themes pertinent to the industry the company operates in and highlights the themes adopted by the company
  • Technology Initiatives
  • – Discussion about all the technology introductions & partnerships the company has entered
  • Partnership Network Map
  • – A bird’s eye view of all the partnerships that the company has made in the last 3-5 years
  • ICT Budget and Contracts
  • – The company’s ICT budget segregated into hardware, software, and managed IT services
  • Key Executives
  • – Lists key executives and Digital Transformation Executives of the company, typically the key decision makers/influencers.

Frequently asked questions

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