Tuesday, September 23, 2014

Health Analytics Market $20.8B by 2020

The market for healthcare analytics is expected to grow to $20.8 billion, according to IQ4I Research & Consultancy. Fifty-four percent of senior information technology executives at some of the largest U.S. health systems ranked analytics as their ranked highest IT priority.

Driving this growth are federal mandates, the emergence of big data, aging populations, and the pervasiveness of chronic diseases.

"Senior information technology executives at some of the largest U.S. health systems which found that analytics ranked highest in terms of their respective IT priorities. ."
- Health Data Management
Some are concerned that market grow will be hampered by lack of labor with analytics skills and lack of data confidentiality. Organizations can address both these issues with low-cost on-demand SaaS analytics services.
Learn how Veriphyr Identity and Access Intelligence delivers business insights - with no hardware and no on-site software.
Sources:
(a) Healthcare Analytics Market to Reach $20.8B by 2020 - www.HealthDataManagement.com, 09/24/2014

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