Big Data Analytics and Cloud Adoption Transforming Healthcare SMEs: Insights from TTBS Study

Thursday, 22 August 2024, 09:27

Big data analytics is crucial for healthcare SMEs as they recognize its potential for enhancing diagnostics, according to a TTBS study. The findings reveal that 33 percent of healthcare SMEs acknowledge big data's role, while 31 percent see artificial intelligence as vital for operation efficiency. Furthermore, cloud adoption is viewed favorably for boosting security compliance, helping these companies innovate and improve patient care.

Indiatimes — Big Data Analytics and Cloud Adoption Transforming Healthcare SMEs: Insights from TTBS Study

The Digital Transformation of Healthcare SMEs

India’s healthcare sector is rapidly evolving, thanks to significant digital transformation driven by cutting-edge technologies and a booming economy. According to a recent ‘SME Digital Insights’ study conducted by Tata Tele Business Services (TTBS) in partnership with Cyber Media Research (CMR), a noteworthy 33% of healthcare SMEs recognize the transformative potential of big data analytics in enhancing diagnostics. Moreover, 31% of these businesses view artificial intelligence (AI) as an effective tool to streamline operations and accelerate drug discovery.

The Role of Cloud Technology

Cloud technology is a cornerstone of this transformation, enabling healthcare and pharmaceutical SMEs to excel in a rapidly changing industry landscape. A striking 40% of the surveyed healthcare SMEs believe that cloud adoption significantly boosts security compliance. By leveraging cloud solutions, these enterprises can enhance efficiency, optimize costs, and secure sensitive data effectively.

Enhanced Efficiency: Cloud solutions streamline workflows and automate routine tasks.
Optimized Costs: Eliminates upfront hardware expenses and reduces ongoing maintenance costs.
Improved Data Management: Centralized data management allows for better focus on patient care and research.

The initiatives by Tata Tele Business Services are pivotal in propelling the digital transformation journey for healthcare SMEs, providing them with innovative cloud and collaborative solutions to overcome operational challenges and achieve sustainable growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.