Phoenix, Ariz. (November 18, 2014) – A new report by Frost & Sullivan, “Opportunities in Healthcare Cloud Application in the US and Europe” (Oct. 2014) concludes that the rising importance of HIPAA compliance, ICD-10 and other regulations will drive the growth of cloud service providers offering healthcare-exclusive managed hosting solutions. ClearDATA was prominently profiled as an industry leader who will lead market growth in the next 3–5 years based on the following factors: high focus on compliance, 100% uptime SLA’s and pure healthcare-oriented solutions with meaningful ROI and cost reduction.
ClearDATA is the healthcare industry leader in cloud computing, platform and information security services. More than 300,000 healthcare practitioners rely on ClearDATA’s secure, HIPAA-compliant, HITRUST CSF-certified cloud infrastructure to store, protect, manage and share their patient health information and critical applications.
According to the study, early adopters of cloud technology installed solutions from cloud service providers with healthcare as an industry vertical. However, with the rising importance of adherence to HIPAA and other regulations, cloud service providers offering managed hosting solutions that are exclusive to healthcare, such as ClearDATA, are emerging as strong contenders and have the potential to be the market growth leaders in the near future.
“Frost & Sullivan’s report on the healthcare cloud market does a great job of clarifying the difference between merely offering healthcare cloud services and being immersed in them,” said Darin Brannan, CEO, ClearDATA. “ClearDATA is deliberately focused 100 percent on healthcare. We are ‘plugged in’ with feet on the ground, working with healthcare data all day, every day to ensure that our technology, service and people reflect the unique and ever-changing needs of this industry.”
Frost & Sullivan’s analysts underscored the need for continuous development of healthcare data security and data portability capabilities, and summarized ClearDATA’s differentiators as follows:
- Industry leader in the United States in the areas of highly scalable solutions for EHR and image backup, disaster recovery and storage.
- Provides highly secure and HIPAA-compliant cloud computing and managed services exclusively for healthcare customers.
- Market presence in Healthcare Platform-as-a-Service, and HIPAA compliance security and risk analysis.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, they have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community with a special focus on industry convergence, disruptive technologies, competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies.