Founded in 2004, Setrio is, by definition, a software development company in the health sector. Our technological solutions address pharmacies, physicians, and warehouses and distributors, pursuing a flexible and customer-oriented approach. Through data management and interpretation systems, we offer optimal infrastructure support, advisory services and profitable business support.
Initially named PatientDataChain, then rebranded as SETRIO Care, our solution was born from the needs of our current customers, who complained about the absence of a single trusted infrastructure to exchange and store patient information along the healthcare value chain and have suggested the development of a patient traceability system. The current lack of patient traceability systems leads to high communication and procedural costs and limits health players in developing a better understanding and know-how on patients’ journey that could further boost innovation and the development of best fitted health services.
So, we designed and started working on SETRIO Care – a blockchain-based technology, aimed to become a game-changer for decentralizing infrastructure and building a trust layer in the healthcare value chain. The challenge is to catalyze the medical ecosystem in the service of the patient and bring the entire stakeholders’ chain together. This will dramatically reduce time delays, added costs, and human error that affect the healthcare value chain today. While conducting the SME Instrument Phase 1 feasibility study, we identified another stringent problem that the healthcare system is facing and that SETRIO Care can address: non-adherence .
The objective of this project was to undertake a feasibility study in order to (1) acquire a deep understanding of the market, competitors, customer segments, end-users and stakeholders. The aim was to further improve our business model, by means of a market study and customer/end-user and stakeholder analysis; (2) determine the market clearance by means of an initial “freedom to operate” analysis; (3) verify the technical viability; (4) ensure a proper IP management strategy to protect our knowledge base.
