V

ection Technologies, a real time software company, has signed a deal to trial its augmented reality healthcare solutions to the San Giuseppe Moscati Hospital of National Relief and High Speciality, a public hospital in the Campania region of southwest Italy, and the LUISS Business School, part of the independent LUISS University in Rome.

The trial will run across a three month period and is critical for the introduction of AR solutions in the ‘Italian Model for Risk Management in Healthcare’, a national model that hospitals must adopt to manage risk in healthcare.

Using Vection Technologies’ AR healthcare solutions, the trial at the Moscati hospital will utilise the AR for endoscopic surgery and real-time access to the electronic medical record system through wearable devices.

surgery

Vection Technologies, Managing Director, Gianmarco Biagi commented that the trial represents a “key commercial milestone” and a “globally scalable opportunity” which sets the foundations for long-term growth, providing a “strong opportunity for recurring revenue growth during the second half of FY2021 and into FY2022”.

Biagi went on to state:

“This initial trial represents the culmination of a lengthy regulatory process with key public stakeholders enabling Vection Technologies to affirm itself at the forefront of the digital healthcare transformation, introducing augmented reality as a new standard in healthcare risk management,” 

hospital AR solutions

The trial represents the first hospital milestone for Vection Technologies, which aligns with the company’s six month goal to provide its solutions to the healthcare industry. Vection Technologies stated the financial impact of the agreement is not determinable at this stage, but once the three month trial has concluded, the direct revenue will be subject to a successful outcome. The company however anticipate that a formal contract will materialise due to the high barrier to entry within the public healthcare sector and especially due to the direct cooperation of key executives of the Italian Model for Risk Management in Healthcare.

Vection Technologies believe that Italy represents the ideal test market to introduce real time healthcare focussed solutions considering the country has approximately 1,000 accredited hospitals.

healthcare augmented reality

LUISS Business School Associate Dean for Executive Education and Lifelong Learning, Enzo Peruffo, commented that augmented reality represents “the key to the digital healthcare transformation, potentially transforming healthcare practices across all critical functions, from training to in-practice usage”.

Peruffo concluded by saying:

“We are looking forward to support Vection, and the widespread adoption of these technologies, across the national health system to secure safer outcomes for health professionals and patients alike,” 

Posted 
Sep 20, 2020
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