Gartner Research

Market Trends: Applying Analytics in Healthcare

Published: 31 March 2015

ID: G00272243

Analyst(s): Dan Sommer, Anurag Gupta

Summary

New ICT delivery models and the rise of data discovery tools are creating new opportunities for all market players. Strategic planners of technology and service provider organizations need to build consulting capabilities and domain understanding to better engage potential buyers.

Table Of Contents

Introduction

Market Trend

  • Value-Based Care, Which Incentivizes Hospitals to Optimize Costs and Identify Organizational Efficiencies, Derives Investments in Analytics
    • Reducing Costs
    • Improving Efficiency
    • Improved Decision Making
    • Impact and Action:
  • New ICT Delivery Models Like Cloud and the Rise of Data Discovery Tools Are Creating New Opportunities for All Market Players
    • Impact and Action:
  • Many Healthcare Organizations Are Exploring the Market by Commercializing Their Own Analytic Solutions or by Working With Technology Partners, Thereby Creating New Collaboration Opportunities for Even Unconventional Market Players
    • Impact and Action:
  • Convergence of Health and Life Sciences Firms Aided by Technology Is Creating New Opportunities for Positioning Analytics in Personalized Medicine
    • Impact and Action:

Contrarian View

  • If Analytics Are Positioned for Techies Only, Use Complicated Geek Speak, Are Expensive, and Are Not Secure, Then ...

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