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Friday, 26 September 2014

ICT Investment Trends in Pharmaceuticals – Enterprise ICT Spending Patterns through to the end of 2015

Aging populations, an increase in those inflicted with chronic ailments that require more healthcare expenditure, government initiatives, and treatment advancements are expected to drive sector expansion.
ICT InvestmentTrends in Healthcare – Enterprise ICT Spending Patterns through to the end of2015
presents the findings from a survey of  173 healthcare providers regarding their ICT investment trends.

The survey investigates how healthcare providers currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies enterprises are investing in, including

  • business intelligence
  • content management
  • cloud computing 
- the survey also highlights the approach adopted by the healthcare providers to purchase technology.

Report highlights

Healthcare providers around the world are facing unprecedented change. While healthcare is primarily organized within national geographies, the issues that providers face are similar globally. Demographic changes, fiscal restraint, new technologies, and consumer expectations are creating significant challenges and opportunities in this sector. Kable expects the outlook for the global healthcare sector over the next few years to be positive.

However, in these unprecedented times, healthcare providers are cautiously planning their ICT investments; with a higher number of healthcare providers foreseeing a slight increase in their ICT budgets in 2014.

Kable’s survey illustrates that healthcare providers in countries such as the US (57%), Germany (56%), and France (40%) are set to increase their ICT investments, driven by technology trends such as mobile health, and personal health records (PHRs), the implementation of e-health systems, mobile applications, and clinical analytics. Moreover, information management will be the key priority for healthcare providers to meet continuously evolving compliance requirements, creating good scope for vendors with solutions in these areas.