Healthcare Industry to Spend Upwards of $5B on Cloud Solutions by 2017
The cloud computing market is poised to expand by an estimated 20.5 percent over the next five years to become a $5.4 billion market by 2017, according to “Healthcare Cloud Computing Market – Global Trends, Challenges, Opportunities & Forecasts.” Healthcare spending on the cloud hovers around $1.8 billion as of 2011 despite market penetration of only four percent.Image via Shutterstock“The market is witnessing a surge in the adoption of technology, and cloud computing is expected to bring about a revolution in the healthcare IT market,” MarketsandMarkets said in the report. It noted that healthcare organizations (HCOs) are expected to deliver
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