Privacy Policy

People & Technology (hereinafter ‘the company’) regards a customer’s personal information as important and complies with the Act on Promotion of Information and Communications Network Utilization and ... Utilization and Information Protection, Etc. If the personal information handling policy is revised, the company will give a notice through Notice in the website (or separate notice).

ο This policy is enforced from 2023

Items of personal information collected
The company shall collect the following personal information for membership registration, counseling, and service application.
  • ο Items to collect: title, e-mail address, access log
  • ο Personal information collection method: online inquiry
Personal information collection and use purpose
The company utilizes the collected personal information for the following purpose
  • ο The performance of the service offering contract, and the fee settlement and payment based on service offering
Personal information retention and use period
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The information described below is kept for the given period and reason indicated below.

A. The reason for information retention according to company policy

- Illegal use record
Retention reason: prevention of illegal use
Retention period: one year

B. The reason for information retention according to related laws

If information needs to be kept according to related laws, including Commercial Code and the Act on the Consumer Protection in Electronic Commerce, etc., customer information shall be kept for the given period defined in the related laws. In this case, the company shall utilize the customer information only for the purpose of retention, and the retention period is as follows.

- Record about contract, contract withdrawal, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about payment, goods supply, etc
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: five years
- Record about electronic financial transactions
Retention reason: Electronic Financial Transactions Act
Retention period: five years
- Record about consumers’ complaints or dispute settlement
Retention reason: the Act on the Consumer Protection in Electronic Commerce, etc
Retention period: three years
The procedure and method of personal information destruction
As a principle, after personal information collection and use purpose are accomplished, the information is immediately destroyed. The destruction procedure and method are described as follows.
  • ο Destruction procedure

    The customer information typed for inquiries of maintenance, etc. are moved to a separate DB (a separate file in case of paper) after the purpose is accomplished, and then is kept for a certain period according to the information protection reasons defined in the company policy and related laws (See Retention and Use Period) before being destroyed. The personal information moved to a separate DB is not used for other purposes than the retention purpose unless there are related laws.

  • ο Destruction method

    - The personal information saved in an electronic file type is deleted in the technical method to prevent it from being used ever.

    - The personal information printed out in paper is shredded or incinerated.

Personal information offering
As a principle, the company shall not provide users’ personal information outside. However, the cases described below are exceptional.
Installation and operation of automatic collector of personal information, and refusal of automatic collection
The company runs ‘cookie’, etc. to find and save your information frequently. A cookie is a small text file that the server used for operating the website of the company sends to your browser. It is saved in your computer hard disk. The company utilizes a cookie for the following purposes.

Person in charge of personal information management
  • ο Name : Administrator
  • ο E-mail : company@basgenbio.com

For other reports or questions about privacy infringement, contact any of the following organizations.

  • 1.Personal Information Dispute Mediation Committee (www.1336.or.kr/1336)
  • 2.Information Protection Mark Certification Committee (www.eprivacy.or.kr/02-580-0533~4)
  • 3.Iternet Crime Investigation Center of Supreme Prosecutors' Office(http://icic.sppo.go.kr/02-3480-3600)
  • 4.Cyber Terror Response Center of National Police Agency (www.ctrc.go.kr/02-392-0330)

People & Technology

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Resources

  • Resources

How RTLS Asset Tracking helps Hospitals and why is it the right time to start ?

  • AuthorElodie
  • DateJun 04, 2025
  • Views220

As hospitals around the world accelerate their digital transformation, real-time asset tracking is becoming a foundational element in modern healthcare operations. Using IoT tags and Real-Time Location Systems (RTLS), hospitals can monitor the movement of medical and non-medical assets such as infusion pumps, wheelchairs, and diagnostic tools. But the benefits go beyond inventory: asset tracking directly addresses global workforce shortages, boosts operational intelligence, and supports smarter patient care.

  

 



 

A Strategic Response to Systemic Challenges


In many regions, including Saudi Arabia, the healthcare system is under strain. The Kingdom faces a critical shortage of nurses—only 2.1 per 1,000 population, far below the OECD average—and a high annual turnover rate nearing 20%. To compensate, hospitals rely heavily on foreign nurses, who comprise 90% of the workforce. In this context, minimizing non-clinical tasks and improving resource visibility is not optional—it’s essential.

 

Studies show that nurses spend up to 10% of their time searching for equipment. Not only does this detract from patient care, but it also costs hospitals significant resources. For a hospital employing 400 nurses at an average salary of $1,000/month, that’s easily $14,000/month lost to inefficient asset retrieval alone(counting week ends, 3 shifts/day). At the same time, 10–20% of mobile assets are lost or stolen during their lifetime, at an average loss of $3,000 per item. With 10,000 tracked assets, this translates to $3 million in avoidable costs over time.

By implementing RTLS-based asset tracking, hospitals can:

 

  • Save time and increase staff efficiency, redirecting effort to patient care.
  • Reduce asset loss and theft by over 50%.
  • Improve asset utilization, raising it from a typical 50% to the industry target of 70–80%.
  • Support smarter procurement and maintenance strategies, using data analytics and heatmaps.


Where Are Hospitals on the Digital Maturity Curve?


According to Gartner’s “RTHS Journey”, hospitals move through three levels of digital maturity:


  • Level 1 – Reactive: Disjointed workflows, siloed applications, and low operational visibility.
  • Level 2 – Managed: Coordinated workflows, interoperable systems, and an enterprise view of the patient.
  • Level 3 – Proactive: Real-time intelligence, system-wide orchestration, and autonomous operations.

 

Asset tracking is a key enabler in the transition from Level 1 to Level 2, where hospitals begin to integrate data across departments and gain a clearer situational view. It is also a prerequisite for entering Level 3, where pervasive operational awareness drives system-wide optimization.



Why Now?

 

Gartner’s 2024 Hype Cycle for Real-Time Health Systems (RTHS) reveals that IoT for Healthcare are just emerging from the Trough of Disillusionment—meaning the hype has settled, and the technology is entering a phase of practical, value-driven adoption. Meanwhile, asset-related technologies like RTLS Operational Command Centers and Process Automation are on the Slope of Enlightenment, heading toward widespread productivity.

This timing is ideal. The technologies are mature enough for stable deployment, yet early enough that hospitals implementing them now will be ahead of the competition.

 


A Future-Proof Investment

 

Incorporating asset tracking into hospital infrastructure isn't just a tech upgrade—it’s a strategic decision. In most regions where staffing shortages and operational inefficiencies are both urgent and costly, RTLS solutions represent an opportunity to modernize without overhauling clinical staff or rebuilding facilities.

 

It’s not just the right time… it’s the smart time!



Check how People and Technology’s solution looks like : https://www.youtube.com/watch?v=4jJsd-Qiesc

 

 

Contact sales@pntbiz.com to know more.