VentureBeat February 23, 2022
‘’Healthcare is the largest and most important vertical market in the world — $3.8 trillion last year in the United States alone,” Safra Catz, Oracle’s CEO, said recently.
The marketplace supports that viewpoint. The global healthcare cloud computing market is expected to reach a CAGR of 14.1% between 2021 and 2026 and upwards of $52.3 billion, according to a recent Mordor Intelligence report, Healthcare Cloud Computing Market – Growth, Trends, Covid-19 Impact, And Forecasts (2022 – 2027). As reported, EMR is expected to show steady growth during the forecast period 2021-2027.
With those numbers and Catz enthusiasm as the backdrop, it’s no surprise that Oracle entered the healthcare arena in December when it announced plans to acquire Cerner – a...
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