The SaaS Healthcare Industry will be growing in 2022. The healthcare industry often utilizes software as a service (SaaS) to increase software versatility and accessibility without installing and running applications on multiple computers and data systems. SaaS is currently dominating the cloud computing market, especially in the healthcare industry, and as time goes by, it will only become more prevalent. By 2022, healthcare professionals and facilities can expect to see some new SaaS trends in the industry. An article on LinchpinSEO said that some of the trends are: Use of Multiple Clouds, Increased Attention to Security and Artificial Intelligence. “SaaS solutions that are Artificial Intelligence-optimized can help companies augment their internal processes with more efficiency, faster automation, and a higher level of personal responsiveness.” Active Companies in the markets today include HS GovTech Solutions Inc., Microsoft Corporation, Zoom Video Communications, Inc., Oracle Corporation, Palantir Technologies Inc..
LinchpinSEO in more detail about the trends stated: “Use of Multiple Clouds. Companies utilizing Platform as a Service (PaaS) solutions will see distinct advantages in 2022. As healthcare companies become more confident using multiple cloud providers, many companies will strive to increase their ability to store, process, analyze, and secure essential healthcare data. As a result, instead of using various cloud providers for multiple applications or disaster recovery, such cohesive approaches will become more common. As a result, the number of businesses using cloud-based apps is expected to increase by 19.6%. The current healthcare cloud computing market is valued at nearly $18 billion and is expected to increase by almost 18.7% between 2022 and 2025. Increased Attention to Security. Since companies will be utilizing multiple clouds in 2022, there will be a greater need for security, privacy, and compliance. Although using a multi-cloud approach has its benefits, such approaches can give rise to new security complexities. Artificial Intelligence. Many varieties of SaaS are self-learning and autonomous, and fortunately, artificial intelligence will become more and more popular among healthcare companies and organizations. More than 81% of the most successful IT companies have begun to work on AI technologies, allowing them to revolutionize business processes and increase efficiency and productivity while supporting human capabilities and automating repetitive tasks. Artificial Intelligence can provide healthcare organizations with a higher degree of interaction between businesses and responsiveness.”
HS GovTech Solutions Inc. BREAKING NEWS: HS GovTech Solutions Inc. Tracking at 100% Growth In Contracts In the First Half of Q2 – Contract Awards In the First Half of Q2 Are Tracking at a 100% Increase Over Q1 Contract Awards – HS GovTech Solutions Inc. (the “Company” or “HS GovTech”), a leading provider of Software as a Service (SaaS) applications for government has announced that new contract awards with existing customers thus far in Q2 represents the highest number of total new contracts in any quarter with existing customers. The Company has been awarded 11 contracts thus far in Q2, six of which are additional expansions with existing customers. Current customers expanding their products and services with the Company is a testament of their satisfaction and trust in the Company’s products.
Also Read: FullStory Redefines Product Analytics Allowing Brands To Find, Validate
In its second fiscal quarter HS GovTech continues to build upon its strong Q1 sales performance as announced on April 6, 2022. Not only is the Company selling more services to existing customers, but new customer contracts have also increased. Current contract awards in Q2, representing both new and existing customers, could result in the Company’s biggest quarter both in contract volume and total contract value.
The Company continues to win contracts as a leader in the Environmental Health sector, while also successfully broadening its customer base into other government sectors as well. The Company is perfectly positioned to benefit from the Biden Administration’s $1.9 trillion Infrastructure Bill, including $350 billion allocated for State and Local Governments to invest in upgrades and modernizations.
“It appears our continued investment into both technology and personnel over the past several years is paying their dividends.” stated Silas Garrison, CEO of HS GovTech. “Providing existing customers with additional services is as important as attracting new customers. As a Company, our focus has always been on helping our customers operate more efficiently and providing services beyond data management. We have seen this dedication to our customers manifest itself this quarter into more business with existing customers than ever in our history. I am very pleased with our achievements and milestones to date. I look forward to what should be a record quarter and record year for our Company.”