If the recent reports and statistics are to be believed the demand for cloud computing in the healthcare industry tends to be expanded by a whopping figure of US $5.45 billion by 2024.
It has led to rise in the healthcare app development and software development companies around the globe today! The healthcare IT solutions has made it mandatory to invest in the latest and up-to-date technologies for the operation of work.
But, first, let’s understand what is cloud computing?
Cloud computing is one of the ideal ways to deliver and provide meaningful enterprise solutions to a company who wishes to expand their horizon of working.
Moreover, cloud computing offered by the cloud computing services company, in turn, has two meanings, the most common one is where you run the workload over a public cloud model that further are Amazon web services, Salesforce CRM systems as well as Microsoft Azure. But, due to the heavy workload every business today takes in effect the multiple public cloud approach as well as big data services.
If you want to get hands on such cloud compunting services, then you can contact the software development companies around you.
Now, the second type of cloud computing is where a virtualized web of resources that is from a raw compute to power application is available on demand.
When a customer requests for cloud services, then the provider fulfils his demands using advanced automation rather than the prevalent manual provisioning. Do you know what the key advantage this type of system offers? It is the agility. In simpler terms, it is the ability to apply abstract of computer, network and storage resources to the workload.
You can contact any Healthcare App Development Company to get such services.
Cloud Computing types classification-
Cloud computing can be further be defined based on the type of services it is applied to, but here we want to discuss only the healthcare realm.
Cloud computing and the Big Data Services in the healthcare realm helps to lower the costs by using and accessing the latest technology, applications as well as resources. But, one of the hindrances the healthcare industry possesses is that of its complex infrastructure. The complex and heavy infrastructure can be quite challenging.
Moreover, in a survey, it was found that from keeping multiple computer databases one large cloud computing has proved to be more effective and less lethargic.
And, with the IT industry booming with each passing day, cloud-based electronic health records ( EHRs) is now in demand.
How cloud computing might provide the health care realm with an additional benefit?
1. Software as a Service ( SaaS) -
The cloud can provide healthcare organizations with multiple hosted services. And they, in turn, offer ready access to the business applications & fulfilled customer relationship management.
2. Infrastructure as a Service-
The IaaS can offer large storage services for multiple medical records and databases.
3. Platform as a service-
The platform as a service can help lend enhanced security facilities to the web-based medical services and also the deployment of the cloud applications.
Cloud computing in the healthcare realm is much more than just connecting different servers of computers together.
It is able to retrieve information and also store at just one place for future use.
How it is advantageous to employ one storage rather than just the different sets of computers?
1. Multiple computers requires a lot of efforts- What if you wish to retrieve a file but don’t know where it was stored? The answer is quite simple.
With cloud computing, you can store the information at just one place and retrieve for future purposes.
2. Less manpower involved- Quite literally! You don’t have to hire a person and assign them to these duties.
Examples of how cloud computing has quite evidently transformed the medical realm-
Cloud computing can be termed as a boon for the medical realm. And why not? Do you need a patient record urgently? If yes, then cloud computing can be the answer to your woes.
Essentially, cloud computing can offer the much-required agility and decreased costs. This was all about public cloud computing. If you want to know about private cloud computing, then it can-
- Help safe and secure the patient history and medical records in its storage space.
- Share information from one source to another within minutes.
- Non-clinical healthcare management to help revise and keep a track of the revenue system.
- Management of the patient such as patient billings as well as claims.
No matter if it is managed via an external source or internally via a data centre, such a system can provide its users with the tightened security as well as remote access into the cloud that too without much hindrance.
Added advantages of cloud computing in the healthcare realm are as follows-
1. Collaboration-
Cloud computing and sharing facilitates collaboration. The overall process of data sharing has become quite easier as well as simpler.
Moreover, healthcare information is such that it requires to be confidential. So with employing the cloud computing services, one can be assured that their information is safe in the cloud computing vault
Apart from storing one can share and access the information no matter what the time or location. It should be accessed by and connected with the server.
Cloud has also facilitated the remote conferencing and being upĀdated about the recent reforms in the healthcare industry.
2. Cost-
Cloud provides the advantage of holding and storing a large amount of information at a very minimal cost. Cloud computing is known to work on the two types of the model- pay as you go as well as the subscription model.
In simpler terms, you will have to pay for only those services that you are availing.
Moreover, when you are shifting IT budgets to Capex to Opex, the cloud computing the cloud-computing can further reduce the in-house infrastructural costs as well as the other operational costs to an extent.
Moreover, with such added facilities and benefits, even small hospitals who function on a tight budget can employ the cloud computing systems.
3. Speed-
Speed is known to be one of the factors that come in mind before putting in the use of any technology. What makes the cloud computing systems to stand out than the rest is that-
It can readily update and upgrade to the latest features with minimal or no intervention. And, you can also get real-time and information real quick.
Healthcare realm is where you have no time to spare. You have to take quick thoughtful decisions which further come from a lot of experience.
Therefore, the technology used to match the healthcare professionals should have unmatched speed. And, this is what cloud computing can offer.
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4. Scalability and flexibility-
it is no news that the healthcare professionals and operations function in the dynamic scenario or environment. Cloud helps facilitates the technology that is used to store medical records, mobile apps information, devices with IoT, patient portals and a lot more.
Moreover, it offers hassle-free flexibility as well as scalability options which in turn helps in ultimate decision-making processes.
Along with being available 24*7, healthcare officials require systems that lends them with the on-demand services real quick and easy.
There has been a vast shift consumption, generation, storage as well as sharing of the healthcare data. From the conventional health care practices to the modernization or digitalization of the data, the health care industries have come a long way! If the report of West Monroe’s partner report is to be believed then the 35 percent of the healthcare officials have more than 50% of their data stored in the cloud.
Some statistics-
It was believed that the market of cloud computing in the health care realm is about to grow from USD 28.1 billion in 2020 to USD 64.7 billion by 2025.
Apart from the added benefits that the cloud computing has to lend to the health care realm, there has been a sudden and urgent need for technological up-gradation, increased focus on healthcare digitalization as well as increased deployment of the prevalent cloud-based HCIT solutions.
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The impact of Covid-19 on the healthcare industry-
The Covid-19 outbreak has put a lot of lives and the work on halt. With the unprecedented scenario, the health care officials saw an upsurge in the number of cases.
And, in such times, there was no time to even spare or think. People required to feed data and access when the time came. In such instances, cloud computing came as a saviour. It assisted by being the hassle-free data storage as well as scalable option.
And with the social distancing or the new normal norms, the patients are advised to adhere to the social distancing rules. In such circumstances, the scope of cloud computing is about to augment.
Moving over the popular cloud computing industry has been such that it offers two-fold benefits. It has undoubtedly been advantageous for patients as well as healthcare workers.
Cloud computing has been beneficial to lower down the costs as well as promising high-quality personalised patient care. Moreover, patients who are accustomed to getting prompt services from the medical care facilities can avail the quick services real soon.
Not only this, the healthcare cloud computing system is divided into two realms- healthcare provider solutions as well as healthcare payer solutions.
The healthcare provider solutions are further divided into- clinical information system as well as a non-clinical information system. And both of the mentioned are expected to grow during the forecast tenure.
Which area is expected to emerge as the biggest and potential market for healthcare cloud computing systems?
The global health care clouding computing has divided into 4 segments- Europe, Asia Pacific, North America as well as the rest of the world.
The Asia Pacific is known to grow the highest during the forecast period. It is due to the following reasons-
1. Changing demographics
2. The most populated countries- India and China contribute to be the biggest areas in the Asia Pacific region.
In simpler terms, due to the above mentioned two factors, the volume of data generated in China and India are huge.
And, thus, it requires advance and automated solution which is none other than the cloud computing systems. Moreover, China and Asia were known to be the most affected regions by the Covid-19 pandemic. It eventually led to the high-density patient pool as well as an increase in the patient care services.
And this is the reason why the healthcare software development companies are on rise.
Recent Developments in the realm of healthcare-related cloud computing-
The following mentioned developments were reported in the year 2020 and these are further as follows-
- Allscripts and Microsoft eventually extended their alliance for five years with the motive to transform cloud-based IT solutions.
- In late 2019, IBM acquired the Red Hat ( US) which helped IBM to enhance the hybrid cloud portfolio.
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Who are the major players of the healthcare cloud computing market?
The key players of the cloud computing healthcare market are as follows-
- IBM (US)
- Athenahealth ( US)
- Siemens Healthineers ( Germany)
- DXC technology (US)
- Eclinicalworks (US)|
- NTT Data ( Japan)
- GE Healthcare ( US)
- NextGen Healthcare ( US )
Conclusion-
Cloud computing has a long way to go in the realm of the health sector. In addition to the rapidly evolving technology like Big Data Analytics, Internet of things and artificial intelligence can help to open up new avenues of opportunities.
One of the biggest opportunity is the availability of resources as well as boost the interoperability. If you are looking for one such SaaS development company, then look no more and contact us!
