Deloitte October 17, 2019
Felix Matthews, MD, MBA, managing director, and Christopher Zant, principal, Deloitte Consulting LLP

The real power of the internet of things (IoT) is the closed loop in which an array of smart devices gathers and shares meaningful data. This information is analyzed and interpreted, which ultimately leads to actionable interventions. In the digital world, the whole is often greater than the sum of its parts—this can be particularly true for an integrated digital health ecosystem.

The Internet of Things (IoT) has five components:

  1. Inputs devices and sensors: Devices and sensors begin the IoT cycle by gathering and sharing modality-specific data.
  2. IoT platform: To communicate with each other, the devices are integrated on an IoT platform that provides the infrastructure and standards/protocols for seamless connectivity.
  3. Artificial intelligence: Sophisticated machine-learning loops that interpret the...

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