June’s live Cloud Wars Expo event featured dozens of industry leaders allowing the Acceleration Economy team access to the inner workings of the greatest growth market the world has ever known.
In this News Desk interview, Acceleration Economy VP and Principal Analyst Aaron Back welcomes Keith Lohkamp of Workday to discuss the company’s approach to healthcare solutions, data security, and co-creating new tools within a network of healthcare partnerships.
Highlights
00:01 — Aaron introduces Workday Senior Director of Healthcare Industry Strategy Keith Lohkamp. Lohkamp further details his responsibilities for overall product strategy and solutions for healthcare providers.
01:50 — Lohkamp lists three major challenges facing healthcare partners as they work to adopt cloud solutions: the struggle to attract and retain talent, tremendous pressure on margins, and ongoing supply chain disruptions. While supply chain vulnerabilities existed pre-Covid, the pandemic elevated these weaknesses to the executive level.
04:33 — Aaron raises the issue of real-world sustainability and profitability in healthcare. Workday’s impact on supply chain monitoring, diversifying, and optimizing leads to both more resilient supply chains and more sustainable business practices.
06:01 — Investors often seek sustainability details before committing to different organizations. Healthcare faces added pressure for improved sustainability and cybersecurity.
07:10 — Protecting clinical data is at the forefront of the healthcare cloud’s infrastructure. As more operations move to the cloud (including payroll and financial data), many of healthcare’s supply chain transactions contain information on patient data and must be equally secured.
09:10 — Cybersecurity is foundational to Workday’s cloud solutions.
10:05 — Lohkamp gives examples of Workday’s co-created solutions built alongside its healthcare customers. Customers are “critical” to everything Workday builds.
12:05 — The information gathered from a network of healthcare partners accelerates Workday’s ability to serve industry-specific solutions.
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