Philips 2015 Annual Report Download - page 10

Our strategic focus 4
10 Annual Report 2015
4 Our strategic focus
4.1 Addressing global challenges
Guided by our passion to improve people’s lives, Philips has been a leader in building
and shaping markets with meaningful innovations for 125 years. With the world facing
the challenge of tackling climate change and energy constraints, as well as providing
eective and aordable healthcare to a growing global population, we see compelling
opportunities in the health technology and lighting markets.
Determined to win in both, we are separating out our Lighting activities as a stand-alone company. This will create more
focus, giving Lighting the opportunity to grow and capture the vast opportunities in energy-ecient, digital lighting
products, systems and services, and Philips the enhanced focus to expand its core business to address the opportunities
in the health technology market.
We see a growing need for better health and better care at lower cost
Global resource constraints on health systems are driving a shift to value-based healthcare to reduce cost, increase
access and improve outcomes. At the same time, aging populations across the globe and the rise of chronic conditions
are driving a shift of care to lower-cost settings and the home.
In parallel, more and more people are looking for new ways to proactively monitor and manage their health. And the
digitalization of healthcare is shifting value from devices to software and services.
These challenges can only be met through new, more integrated forms of care delivery across the health continuum,
with a shift away from today’s focus on acute care and late-stage interventions.
In an increasingly connected world, the convergence of Philips’ consumer technologies that facilitate healthy living,
medical technologies that help clinicians to deliver better diagnosis and treatment, and cloud-based technologies that
enable data sharing and analysis, will be a key enabler of more eective, lower-cost integrated health solutions. This
ts very well with our core strengths in professional healthcare and in consumer health and well-being.
Connected care and health informatics
Improve population health outcomes and eciency through optimized care coordination,
real-time analytics and value-added services
Healthy living Prevention Diagnosis Treatment Home care
Help people to live
a healthy life in a
healthy home
environment
Enable people to
manage their own
health
Provide rst time right
diagnosis with
personalized and
adaptive care pathways
Enable more
eective therapies,
faster recovery and
better outcomes
Support recovery
and chronic care at
home