Cloud computing experts say health care is about to follow other industries in embracing cloud-based computing as a way to share information, cut costs and conduct business faster.
We have an outlook and expectation of very high growth, said Barry Mason, vice president for global health care payers at IBM. There are a lot of drivers behind cloud computing itself, and theres a tremendous opportunity for all stakeholders in health care. We do see a dramatic shift in spending toward cloud computing.
A July projection by Dallas-based consulting and forecasting firm MarketsandMarkets quantified the expected growth, predicting the global health care cloud computing market will be worth $5.4 billion in 2017, up from $1.8 billion in 2011. Health system reform and payment changes are part of what will drive that growth.
Health care organizations are expected to deliver more while limiting health care costs at the same time, the report said. Despite this, a few factors restrain the growth of this market, with security and privacy concerns being the primary reasons for slow adoption of this technology.
Other analysts and vendors who work in and are closely tracking cloud computing said they also expect rapid growth in cloud computing in health care.
The $5.4 billion estimate is reasonable, but actually might be low, said John McDaniel, national practice leader for the health care
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