eClinicalWorks focus on Indian market, aims to deploy healthcare IT solutions in 200 hospitals by 2016

With the growing adoption of IT solutions in hospitals in India, eClincalWorks set a target to add 200 hospitals to its customer portfolio

India: eClinicalWorks, a US based healthcare IT solution provider is eyeing on Indian hospitals to empower them with IT solutions.

Currently, the company on boarded 75 hospitals and aggressively at more hospital to add 200 more hospitals to its customer portfolio by the end of this year. The on-board hospitals are of mid-size with 25-50 beds to large hospitals with more than 1000 beds. The company customers are located in the major cities -Mumbai, Ahmedabad, Delhi, Bangalore among others.

The company has draft the strategy for the Indian market, wherein it focuses to tap Tier-I cities hospitals and large clinics in the year 2016, and move forward to Tier-II and Tier-III cities next year.

Last December, the company had planned to invest $30 million for its business expansion plan across the globe. It is expected that majority of the funding would be utilized in expanding operations in India across the four functional areas -research and development, sales and marketing, on-site implementation support and product & services related support.

Apart from India, the company is focusing to tap the Middle East and South East Asia Region.

According to TechSci Research, Indian healthcare sector is increasing its spending on IT to meet the patient expectation in terms of services, and to streamline the internal operations. eClinicalWorks strategy to tap the potential market by providing its cloud-based solutions to the hospitals and clinics will enhance presence in India.

As per the recent report published by TechSci Research “India Cloud Computing Market Forecast and Opportunities, 2020”, discuss the market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020. Increased government spending on National Optical Fibre Network (NOFN) and various e-governance portals, coupled with growing acceptance of cloud services in SME segment is expected to drive the market for cloud computing. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. However, cloud services are likely to face stiff challenges pertaining to data security, vendor lock-in period and less availability of quality IT hardware infrastructure in semi-urban regions across the country.