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Cloud Computing market set to increase 21.9 percent annually in the Healthcare industry

Cloud Computing market set to increase 21.9 percent annually in the Healthcare industry

Adoption of cloud computing environments in healthcare has continuously increased over the years. Business intelligence, analytics, and big data, coming from the cloud, has improved operations, care quality, and cost savings. The infrastructure of the cloud has also provided greater benefits through lower initial capital outlays versus traditional IT systems.

According to a recent study, healthcare adoption of cloud will increase at a compound annual growth rate of 21.95 percent leading up to 2019. In the year 2014, the largest share of health cloud computing was held by North America, followed by Europe then Asia. Its predicted that the most rapid growth rate in healthcare cloud computing these coming years would come from North America.

The slow lead up to cloud adoption was partly due to concerns about compliance with national security and regulations, such as the U.S. Health Insurance Portability and Accountability Act. From this, stakeholders in the healthcare cloud computing market have created clinical information systems, computerized physician order entry, and radiology information system. This has helped facilitate speedier access to data on either public, private, or hybrid cloud.

The need for integration of health data and analytics presented great value to cloud computing. Three types of services offered for healthcare cloud computing: infrastructure-as-a-service, platform-as-a-service, and software-as-a-service.

Public requests for better quality healthcare facilities has driven the need for cloud computing integration. Global spending in the cloud market rose as governments increased healthcare IT spending and cloud created additional services. Cost savings use to be the main driver for operating in the cloud.

Now, the intelligence provided from big data analytics capabilities of the cloud, further fuels this motivation to move.

The Cloud Standards Customer Council produced a report worth reading on the “Impact of Cloud Computing on Healthcare”. It highlights the challenges and benefits presented to the healthcare industry by cloud computing. Looking to the future, our facilities will need to update their data networks and directly integrate technology with our healthcare. This will help the industry meet the demands for more higher quality and improved experiences.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com