Frost Radar™: Enterprise Cloud Imaging Informatics, 2023
Published on: 06-Oct-2023 | SKU: HC_2023_195

Need more details?
$4,950.00
DownloadLink
Need more details?

The skyrocketing volume of medical imaging data and need to better manage medical images is becoming imperative for healthcare providers. The collaborative HIMSS-SIIM Enterprise Imaging Workgroup de?nes enterprise imaging as “a set of strategies, initiatives, and work?ows implemented across a healthcare enterprise to consistently and optimally capture, index, manage, store, distribute, view, exchange, and analyze all clinical imaging and multimedia content to enhance the electronic health record."

This study discusses the challenges healthcare providers face in the medical imaging industry and the imaging IT companies that are trying to circumvent those challenges with their innovative enterprise cloud imaging informatics solutions. Radiologist burnout, burden on IT teams, cyberattacks, asset optimization, and cost benefits are some of the major concerns that drive healthcare providers to select the most apt imaging solution and services vendors.

Hospitals and health systems are facing other challenges, such as siloed imaging data, complex and inefficient workflows, a range of disparate and often legacy systems, and the need to strike a delicate balance between departmental needs and enterprise goals. As consolidation within the healthcare industry intensi?es, hospitals and healthcare systems require new, more comprehensive enterprise imaging approaches that better address growth and scalability challenges while incorporating more ?exibility and adaptability to each organization’s unique scenarios. To circumvent these challenges, some imaging IT companies have introduced a unified solution as an enterprise imaging strategy, though this approach remains relatively nascent.

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.

Enterprise Cloud Imaging Informatics 2023

  • Enterprise Cloud Imaging Informatics

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

The skyrocketing volume of medical imaging data and need to better manage medical images is becoming imperative for healthcare providers. The collaborative HIMSS-SIIM Enterprise Imaging Workgroup de?nes enterprise imaging as “a set of strategies, initiatives, and work?ows implemented across a healthcare enterprise to consistently and optimally capture, index, manage, store, distribute, view, exchange, and analyze all clinical imaging and multimedia content to enhance the electronic health record." This study discusses the challenges healthcare providers face in the medical imaging industry and the imaging IT companies that are trying to circumvent those challenges with their innovative enterprise cloud imaging informatics solutions. Radiologist burnout, burden on IT teams, cyberattacks, asset optimization, and cost benefits are some of the major concerns that drive healthcare providers to select the most apt imaging solution and services vendors. Hospitals and health systems are facing other challenges, such as siloed imaging data, complex and inefficient workflows, a range of disparate and often legacy systems, and the need to strike a delicate balance between departmental needs and enterprise goals. As consolidation within the healthcare industry intensi?es, hospitals and healthcare systems require new, more comprehensive enterprise imaging approaches that better address growth and scalability challenges while incorporating more ?exibility and adaptability to each organization’s unique scenarios. To circumvent these challenges, some imaging IT companies have introduced a unified solution as an enterprise imaging strategy, though this approach remains relatively nascent. 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.
More Information
Deliverable Type Frost Radar
Author Mohammad Hamzahanfi
Industries Healthcare
No Index No
Is Prebook No
Keyword 1 enterprise cloud solutions
Keyword 2 enterprise imaging solutions
Keyword 3 enterprise cloud computing
Podcast No
WIP Number PF13-01-00-00-00

Frost Radar™: Enterprise Cloud Imaging Informatics, 2023

HealthcareFrost Radar™: Enterprise Cloud Imaging Informatics, 2023

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

RELEASE DATE
06-Oct-2023
REGION
Global
Deliverable Type
Frost Radar
Research Code: PF13-01-00-00-00
SKU: HC_2023_195
AvailableYesPDF Download
$4,950.00
In stock
SKU
HC_2023_195