IT Outsourcing growth in Medical and Healthcare

IT Outsourcing growth in Medical and Healthcare

IT Outsourcing growth in Medical and Healthcare

IT Outsourcing growth in Medical and Healthcare 800 507 infrastructure

Healthcare IT and business process outsourcing market is anticipated to accelerate amidst regulatory reforms, market consolidation and emergence of next-generation digital avenues, according to Everest Group.

Everest Group estimates the net opportunity for Healthcare ITO will be U.S. $10.7 billion from 2013 to 2020.

As reported, roughly $3 billion within this opportunity will come from infrastructure outsourcing covering a variety of services including infrastructure modernisation such as moving to a cloud-based infrastructure, mobility and device support, networks services, database services, and automation services such as interoperabilty.

In addition, analytics has emerged as a “key lever” to improve operations.

Incidentally, here’s 6 cases where Big Data can help reduce healthcare costs.

Outsourcing-Guide reports that: Jimit Arora, vice president of Everest Group and co-author of the report, says that ITO adoption in medical devices has its own nuances that are different from pharmaceuticals and biotechnology. “One of the key differences that medical devices companies have had with regard to others in the life science space has been their handling of legacy technology,” Arora says. “Software, storage, and computing have always been a key component of [medical device companies’] product development and manufacturing systems.”

According to the report: “Both analytics and infrastructure services require the life sciences industry to look at their sourcing portfolio and think of two primary imperatives: one, creating a strategic roadmap for the adoption of these services; and two, selecting the right service partner who can take them the whole distance.”

Reproduced from the Outsourcing-Guide.