Welcome!

IBM Cloud Authors: Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan, Stefan Bernbo

News Feed Item

North American Healthcare Cloud Computing Market-Forecast to 2018

DUBLIN, IRELAND -- (Marketwired) -- 07/17/14 -- Research and Markets (http://www.researchandmarkets.com/research/zqx6pr/north_american) has announced the addition of the "North American Healthcare Cloud Computing Market by Applications, Deployment, Service, Pricing & End Users - Forecast to 2018" report to their offering.

The significance of cloud computing is expected to increase in the healthcare industry. The healthcare industry is facing increasing pressure to lower the costs associated with providing healthcare; adopt new systems that support electronic medical records (EMR); and share data in a quick and secure manner with other healthcare providers and government agencies.

The need to reduce costs in the healthcare industry ecosystem is a key factor that is increasing the adoption of cloud computing. Moreover, cloud computing can help healthcare organizations to share information stored across disparate information systems in real time and enable the IT staff to attend to more critical tasks, which results in an increase in productivity and cost-efficiency.

The cloud-based Clinical Information Systems softwares market is the fastest growing segment in the North American Healthcare cloud computing market, by application. The rapid growth of this market can be attributed to factors such as federal pressure to convert all paper-based records into digital forms, increasing healthcare costs, and increased awareness about the benefits of cloud computing. However, information such patient records, medical imaging data, and prescription records are to be kept confidential. Thus, the security concern over the transfer of such information on cloud is hindering the adoption of cloud computing in the healthcare sector.

In the CIS market, the EMR market is expected to grow at the highest CAGR. The high growth of this segment is attributed to the implementation of the HITECH Act, which has outlined the plans for the adoption of electronic health records. The North American healthcare cloud computing market has witnessed the highest deployment of applications on private clouds.

A private cloud provides a dedicate network and infrastructure which is exclusive to one client. This increases the security of data being transferred on the cloud, which is the prime requirement in the healthcare industry. The SaaS application accounted for the largest share of the North American healthcare cloud computing market, by services. However, the market for IaaS is growing at a higher rate, owing to the increasing need to fill the gap between existing and required infrastructure without incurring significant expenses.

The cloud computing market is highly fragmented, with none of the players accounting for a significant share of the market. The companies in this market focus on growth strategies such as client acquisitions; agreements, partnerships, collaborations, and alliances; new product launches; acquisitions; and others (fund raising, event participation, marketing and promotion, expansion, and educational promotion) to increase their customer base.

Key Topics Covered:


Introduction

Executive Summary

North American Cloud Computing Healthcare Market Dynamics

North American Cloud Computing Healthcare Market, By Applications

North American Cloud Computing Healthcare Market, By Deployment Model

North America Cloud Computing Healthcare Market, By Service Models

Cloud Computing Healthcare Market, By Pricing Model

North American Cloud Computing Healthcare Market, By Component

North America Cloud Computing Healthcare Market, By End Users

Geographic Analysis

Competitive Landscape

Company Profiles

Companies Mentioned


- Athenahealth, Inc.
- Carecloud Corporation
- Carestream Health, Inc.
- Cisco Systems, Inc.
- Cleardata Networks, Inc.
- Dell, Inc.
- Emc Corporation
- Global Net Access (Gnax) Health
- Hewlett-Packard Company
- IBM Corporation
- Iron Mountain, Inc.
- Merge Healthcare, Inc.
- Microsoft Corporation
- Oracle Corporation
- Vmware, Inc.

For more information visit http://www.researchandmarkets.com/research/zqx6pr/north_american.

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Sector: Healthcare and Medical Devices

Contacts:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...