News Feature | December 2, 2014

Prediction: 80% Of Data Will Pass Through The Cloud By 2020

Katie Wike

By Katie Wike, contributing writer

Study: CFOs Fear Falling Behind From Not Having The Right Cloud Solutions

Among other predictions, IDC Health Insights says by 2020, 80 percent of healthcare data will pass through the cloud.

By Katie Wike, contributing writer

A report from IDC Health Insights makes big predictions for HIT in the future; including one that, by 2020, at least 80 percent of healthcare data will travel through the cloud at some point.

“These decision imperatives provide a road map for healthcare organizations to think about IT investments that will need to be made and the impact they will have on an organization, all of which can be used to support the planning and budgeting process,” said Scott Lundstrom, Group Vice President and General Manager of IDC Health Insights in a release.

According to Health Data Management, some of the predictions outlined in the report include:

  •  Driven by the increased pressure to improve quality and manage costs, 15 percent of hospitals will create a comprehensive patient profile by 2016 that will allow them to deliver personalized treatment plans.
  •  To control spiraling healthcare costs related to managing patients with chronic conditions, 70 percent of healthcare organizations worldwide will invest in consumer-facing mobile applications, wearables, remote health monitoring, and virtual care by 2018, which will create more demand for big data and analytics capability to support population health management initiatives.
  • Building on continuing technology innovation and the increasing use of knowledge-based workflows and actionable analytics, more than 50 percent of big data issues will be reduced to routine operational IT by 2018, reducing the need for specialized IT resources to support big data.
  • With increased dependence on external partners for outsourced services, more than 50 percent of health and life science buyers will demand substantial risk sharing by 2018 to ensure that service providers recognize their growing role in the process and delivering added revenues to high performers at the expense of satisfactory or lesser performers.
  • As a result of increased pressures to deliver better outcomes of care more efficiently, payers will implement newer reimbursement models for 35 percent of their payments to providers in North America and the EU within the next 36 months resulting in related investments in quality measurement, payment and billing systems.
  • By 2020, 42 percent of all healthcare data created in the Digital Universe will be unprotected but need to be protected, as use of data and analytics continues to proliferate and more stakeholders are involved in delivery of care.