There are different ways that healthcare organizations can integrate new technology into their Health Care Analytics. One of the most recent and effective ways is by using cloud computing is a means to store, process and interpret data. Cloud storage and cloud computing is becoming more and more popular and that is because it has lots of advantages and it helps with the digital transformation of healthcare organizations.
The Flexibility of Cloud Computing
Cloud computing provides flexibility to the digital aspects of a healthcare organization and this helps their digital transformation strategy or strategies run more smoothly. With cloud computing, an organization does not need to invest in various IT resources and hardware that are normally used for computing. INstead they just buy the portion of cloud and computing power they need and they can buy more or less depending on how their computing and data needs change.
The Cost Effectiveness of Cloud Computing
With flexibility comes better cost management because money that can be used for operating and other expenses does not have to be tied up in hardware purchases. The cloud has a scalable service model where users only have to pay for what they use and not a penny more. Hence not only it saves the capital expenditure of buying and managing IT infrastructure but also helps companies to effectively scale their resources based on requirements.
The Security of Cloud Computing
Initially people felt that the cloud was not secure and there were lots of speculation that the cloud would give free access of sensitive data it stored to everyone. That perception has slowly changed is more and more people have come to see that the cloud is one of the most secure data storage methods currently out there. If your data is stored in physical hardware, you constantly face the risk of damage, natural disaster, etc affecting your data and making you lose it.
So there’s constantly worry about backing it up and worrying. With the cloud, the data is not tethered to any physical location so it is safer. This is especially beneficial when dealing with big data as the chances of system failures significantly increase in case of the big data analysis.
Cloud Computing and Rapid Prototyping
Cloud storage and cloud computing enables organizations to carry out rapid prototyping of their products. They are able to test, implement, and repeat continuously without restraints. This is because the cloud can provide companies with a platform where they can easily build, test and deploy applications without the need to setup complex infrastructure. Hence throughout the transformation phase, a company can experiment with multiple applications on different platforms.
For example, a group can work on a project together on a cloud documents and constantly edit and rework the document in real time and with real-time input from every team member. Without the cloud, each document would have to be printed out and emailed to every team member and there would be several emailing back and forth and the cumbersome process of complaining everyone’s input always takes time. With the cloud everything can be done a lot faster.
Cloud Computing Enables Better Collaboration
Just like the example mentioned in the previous point, cloud computing enables better collaboration across an organization and within teams. The digital transformation that cloud computing brings, enables companies to adopt a culture of innovation, creativity and collaboration. Files can be accessed from any place and at any time and so workers do not feel hindered by bureaucracy or logistical processes. This freedom leads to the generation of more ideas and an overall innovative culture. Overall it helps create an atmosphere of collaboration and teamwork in the company.
Digitally Modified Businesses
These points all point to one main conclusion, that cloud computing speeds up digital transformation. And considering the rapid digitization of everything, companies that want to stay ahead of the curve are all jumping on board with making almost everything digital. For example when it comes to the retail space, there are companies that are 100% digital and carry out all their operations online. The ecommerce space is growing pretty quickly and even traditional brick and mortar retail stores are starting to invest in their digital sides as well.
While for retail the process of using digital media for new business is obvious, other businesses like food and beverages, fashion and even industrial goods manufacturers are incorporating digital mediums into their current business process. This lets them inform customers about their products and services and efficiently sell them once they enter stores or when sales reps approach them. Some companies ar even transforming their entire business models and are going entirely digital. Other companies are introducing new digital products or services that complement their traditional products.
This strategy helps these companies to capture a new market that is more tech savvy and more drawn to technology and digitized goods and services. An example of this can be health care providers offering paid consultation online or therapists having online platforms where they can give online therapy sessions. The other way to establish new digital businesses is to redefine the digital boundaries of current operations. For instance, airlines can offer the customer a complete travel experience thus saving on the commissions to travel agents and providing better customer experience.