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" The computer can do a much better job than the human eye, as it is much more systematic in analysing tissues. "
Frans van Houten
Human
More
Job
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" Price erosion in components is quite fast. If you can capitalize on that by bringing products to the market faster, you will actually gain a better margin realization. "
Frans van Houten
Fast
You
Will
" Our strategy is focused on driving better outcomes for patients and higher productivity for hospitals. "
Frans van Houten
Strategy
Our
Focused
" Should one of your employees have a physical or mental health problem, I would argue that it is as much something for the employer as the individual to contend with. "
Frans van Houten
Mental
Mental Health
Problem
" Even though we live in a fast-changing world with short term-ism all around, it requires years of determination to transform a company and structurally reap the rewards. Innovation companies need to set their sights on solving unmet needs - but this approach requires focus and long-term tenacity. "
Frans van Houten
Innovation
Live
Focus
" Light is one of the basic areas that will give you comfort, but it is undergoing a technological revolution in moving from conventional lighting to semiconductor-based lighting, and as it does that, it is becoming intelligent with the transition from analogue to digital. "
Frans van Houten
Revolution
Comfort
Light
" Certain product categories become less attractive for us because, as they become mature, they become low-cost, and hence, there is less to invent. There is less to invent in a television, whereas in heath technology, there is a lot to invent. So we wanted to put our innovative power to work where it really matters. "
Frans van Houten
Technology
Us
Work
" In the Asian marketplace, we need to come out with products every nine months, not every two years. "
Frans van Houten
Out
Asian
Need
" Sometimes that Dutch consensus approach doesn't move you forward fast enough. "
Frans van Houten
Forward
Fast
Enough
" We typically sell a catheter lab to a hospital, and it sits there for the next 10 years, and we don't visit the cardiologist on a daily basis. Volcano have a disposable business. They are in the cath lab on a daily basis. "
Frans van Houten
Business
Years
Sell
" With access to professional coaching and support around the clock, patients will feel more empowered to manage their own physical wellbeing. "
Frans van Houten
Coaching
Support
Professional
" Minimally invasive surgery is the way forward: the patient goes home the next day; there are fewer complications. "
Frans van Houten
Day
Next
Home
" Concerns about the possible side-effects of connected care are swept aside by the expectations of the benefits when people are confronted with a chronic disease themselves. Resistance that could be privacy-related completely disappears. "
Frans van Houten
Care
Expectations
Resistance
" The traditional way that society looks at healthcare is to let people get terribly sick and then have an emergency room to take care of them and spend a lot of money on acute care for people who would have been kept out of hospital in the first place if they had had a lifestyle change. "
Frans van Houten
Change
Society
People
" It has not escaped us that other competitors have also identified health as an attractive marketplace. "
Frans van Houten
Other
Health
Escaped
" Sustainable solutions based on innovation can create a more resilient world only if that innovation is focused on the health and well-being of its inhabitants. And it is at that point - where technology and human needs intersect - that we will find meaningful innovation. "
Frans van Houten
World
Technology
Innovation
" We have transformed Philips into a focused leader in health technology, delivering innovation to help people manage their health. "
Frans van Houten
Technology
Innovation
Leader
" If we are to ensure that health care remains affordable and widely available for future generations, we need to rethink radically how we provide and manage it. "
Frans van Houten
Health Care
Care
Future
" If we can keep you healthy, that is better. If you fall sick, you go to the hospital. Both sides, Philips is present. "
Frans van Houten
Go
You
Healthy
" There's much unlocked potential in Philips. "
Frans van Houten
Unlocked
Potential
Much
" Tech can help population health, make health more accessible, more affordable. Tech can also get people get more included in the economy and contribute and drive growth, and growth and wealth are great contributors to a safer world. "
Frans van Houten
Growth
Health
Great
" I've always flagged that it will take some time to gradually sell down our interest in lighting and basically pivot to be a medtech company focused entirely on health technology. "
Frans van Houten
Company
Down
Time
" Healthcare is a conservative marketplace. "
Frans van Houten
Conservative
Marketplace
Healthcare
" I am pleased with the response of investors towards Philips Lighting and the successful pricing of the I.P.O. This strategic milestone will allow Royal Philips to focus on the fast-growing health technology market. "
Frans van Houten
Technology
Royal
Focus
" By innovating and investing in health technology, we believe that we can really change the future of health. "
Frans van Houten
Health
Change
Future
" We are very optimistic about our opportunities in China. Our toothbrushes continue to sell very well, while the growth of private hospitals diminishes the risk of government preferring domestic suppliers. "
Frans van Houten
Risk
Government
Opportunities
" At the core, Philips is an innovation company. And for innovation to work, you need to look for the unmet needs. "
Frans van Houten
Core
Work
You
" We undertook a huge internal transformation to sharpen our customer focus, step up innovation, improve productivity to ensure competitiveness, change our culture, and simplify our ways of working so that our size and scale became a competitive advantage rather than a bureaucratic hangover after years of diversification. "
Frans van Houten
Change
Culture
Focus
" Indeed, the Fourth Industrial Revolution will greatly lead to increased consumer health awareness and self-management and will enable individualized treatment pathways supported by tele-health care and coaching. "
Frans van Houten
Revolution
Coaching
Care
" The conventional way of selling products out of the catalogue no longer works; the relationship needs to become more sticky. "
Frans van Houten
More
Become
Relationship
" I think of the world as geographical regions, and it excites me to think about the opportunity that Europe can have if we consider it to be the 500-million-people region that it is. "
Frans van Houten
Think
Opportunity
Me