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" 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. "

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" Genomics, Artificial Intelligence, and Deep Machine learning technologies are helping practitioners deliver better diagnosis and actually freeing up time for patient interaction. "

Frans van Houten

Deep

Intelligence

" In Kenya, e-learning has taught 12,000 nurses how to treat major diseases such as HIV and malaria, compared to the 100 nurses a year that can be taught in a classroom. "

" In the Asian marketplace, we need to come out with products every nine months, not every two years. "

" Insurers reimburse critical care, not the avoidance of incidents. Therefore, investments are not targeted towards prevention. "

" Our myopic focus on producing and consuming as cheaply as possible has created a linear economy in which objects are briefly used and then discarded as waste. "

" When you try to master the emotions of a decision and say, if you're 50 years from now and you look back, 'Did we take the right decisions?' Then the decision becomes a lot easier. "

" Meaningful innovation can be an important catalyst in encouraging resilience in seniors, keeping them independent and engaged. "

" Our strategy is focused on driving better outcomes for patients and higher productivity for hospitals. "

" I think, going forward, we need to be much more modest on expectations with regard to China growth: That's just being realistic. "

" 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. "

" Healthy people are not very motivated to manage their health. They just don't care. "

" 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. "

" 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. "

" 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

Job

" There's much unlocked potential in Philips. "

" What Philips has to offer to India is to further enhance the state of healthcare for the over billion people in this country. "

" A siloed approach between suppliers doesn't really help hospitals well enough. "

" By innovating and investing in health technology, we believe that we can really change the future of health. "

" Growing and aging populations are putting increased pressure on health-care systems that are already buckling under the burden of chronic diseases like cancer and diabetes. "

Frans van Houten

Pressure

Growing

" 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. "

" Philips is committed to the circular economy and is applying its principles throughout the organization. We are redesigning our products and looking at ways to capture their residual value. "

" 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. "

" If we are going to get a grip on escalating costs, we have to focus more on prevention rather than acute care. Technology can help us do that. "

Frans van Houten

Technology

" 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. "

" 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. "

" City farming is not only possible, it is the very definition of the kind of meaningful, sustainable innovation we will need to meet the grand challenges of the 21st century: climate change; population growth; ageing population; urbanization; rising demand for energy, food and water; poverty; and access to healthcare. "

" We are addressing duplication and complexity. At the same time, we are investing more in research and development, speeding up the time to market of new innovations, and expanding our sales force in markets where growth is to be found, like Turkey, Russia, the Mideast, China, and southeast Asia. "

" Our health underpins our happiness and is a foundation of economic advancement. "

" With access to professional coaching and support around the clock, patients will feel more empowered to manage their own physical wellbeing. "

" When I became CEO, I was really worried that we were in commoditized segments that were mature and no longer growing. So we made a radical pivot into health technology because that is one of the world's unmet needs. "