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Grand View Research predicts that the growing demand for efficient data exchange, along with the pressure to reduce health IT budgets, will cause the healthcare information systems market to reach $39.7 billion by 2025.
Researchers found that vendors and healthcare organizations are collaborating to develop high utility services and products to improve hospital administration.
Organizations with telehealth and remote care aspirations will need high functioning information systems to successfully transfer information from the remote location to the datacenter.
Cloud-based information systems have progressed over the past year as a way to better manage clinical data. The demand for system integration in healthcare and the explosion of cloud-based solutions and environments has driven the need for cloud-based information and management systems.
Cloud-based health information management systems function as SaaS applications and are accessible through a desktop app or web browser. These cloud-based systems give users access to all infrastructure information systems from any device.
Cloud-based health information management systems provide general cloud computing benefits (e.g., high availability, reduced hardware maintenance, reduced operation expenses) and added benefits, particularly for larger organizations. On-site control and maintenance is not required, so institutions with multiple locations do not need resident IT departments to manage information apps.
A recent Markets and Markets report estimates that cloud information management systems are expected to grow from $3.95 billion to 15.29 billion by 2021. Markets and Markets researchers attribute the growth to the demand for automation and control and the needed visibility across workloads to improve operation management.
Healthcare organizations are generally more trusting of cloud-based infrastructure systems. However, researchers found that the complexities on application portability and security concerns over transporting data across a cloud environment are several reasons why organizations may be hesitant to deploy a cloud-based information management system.
Application performance is expected to see the fastest growth rate due to increased mobile devices and the continued adoption on Internet of Things (IoT) devices.
Application performance management is used to monitor the performance of distributed software applications. A cloud-based management system will detect what performance issues are hindering an app, making repairs quicker.
“The growth of application performance management is expected to increase due to benefits such as improved performance of applications with integrated analytics, detection of issues in applications in short time, and reduced slowdown,” Markets and Markets researchers said.
Managing applications with cloud technology eases troubleshooting and maintenance tasks for IT administrators. Updates are made directly to the cloud applications, eliminating user update responsibilities and protecting the network from malware introduced by unsupported legacy updates.
IT departments can clearly view and monitor activity throughout a cloud-based health information management system, making it easier to detect abnormal activity. Cloud-based security monitoring solutions can utilize cloud-based health information management systems to prevent compromised apps from sharing information with other apps on the network and more easily detect where a hack originated.
Cloud information management systems allow IT administrators to better control where and how information is entered and shared. The solutions make it easier to maintain and coordinate applications and other cloud-based systems on the network.
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