Syte is a globally active consulting and financial transaction advisory firm in the area of Digital Healthcare.
The company has established a focus on the Insurance, Pharma, MedTech and IT sector and serves some of the major corporates globally.
Projects take place across Europe, Latin America, Africa and Asia and services are split into advisory, financial transactions and Artificial Intelligence.
One of the largest US insurances
In the context of a global management consulting project, Syte advised one of the largest US insurances with regard to the implementation of a chronic disease management system based on digital solutions. The goal was to exert both higher-quality healthcare for the increasing number of chronically ill and to reduce the substantial costs associated with chronic diseases by fostering digital transformation with regard to monitoring the chronic condition and managing the required care of patients. Syte engaged in large-scale firm- and market-level multidisciplinary research and data collection across countries related to chronic disease management through digital health solutions. As a result the most relevant P&L effects also on the base of large medical data volumes were identified.
One of the largest global insurances
Syte advised a leading health and life insurance provider with regard to its digital health offer and, specifically, its launch of tele-consultation as a new and innovative primary care support function for locally insured, travelers and expatriates across different European countries, yet aimed at a global rollout. In this context, Syte engaged in in-depth across-territory and multidisciplinary market research to then systematically develop product and positioning strategies for different regions and customer groups. The product and promotion concepts were derived against the background of the legal, political, economic and social as well as competitive environments in the very different countries. Relying on long-standing expertise at the intersection of technology and healthcare, Syte outlined the most efficient nation specific strategies in terms of both higher-quality health outcomes as well as cost savings and higher client engagement and retention.
Further project excerpts:
- Strategies for digitally driven cost reductions and new revenue streams
- New business models, financial impact and implementation
- Artificial Intelligence for data driven enterprises
- M&A for buyside and sellside purposes
- Accelerator and fund raising as incubation of Start Ups