Frost Radar™: Healthcare Enterprise Managed Cloud Services, 2024

Frost Radar™: Healthcare Enterprise Managed Cloud Services, 2024

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

In the cloud industry and most other technology-related industries, 2024 will be all about artificial intelligence (AI). Businesses are grappling with how they can leverage AI (particularly generative AI) to meet their goals. Public cloud providers are at the forefront of efforts to accelerate customers’ AI adoption by developing foundational models and user-friendly toolsets.

n the past three years, a new chapter in cloud computing has begun—one marked by verticalization and the rise of industry clouds, among which healthcare is the most prominent and fastest-growing.

The healthcare industry witnessed an unprecedented uptick in demand during the COVID-19 pandemic, necessitating rapid digital transformation. Industry challenges include the high cost of providing services to patients, cybersecurity threats, expanding telehealth infrastructure, and the need to reach a wider population in novel ways.

Not surprisingly, the greatest challenges with cloud implementation for healthcare companies are managing costs, ensuring compliance while adjusting tech strategy in response to market environments, and keeping up with the rapid pace of technological change. In addition, they quickly discovered that the complexity of hybrid and multicloud environments outpaced their resources.

As a result, these organizations quickly turned to third-party expert managed services providers for help in designing, implementing, and managing their hybrid cloud environments.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.