Artificial Intelligence
Global Healthcare Consulting Services Market By End User, By Type of Service, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027
New York, March 01, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Healthcare Consulting Services Market By End User, By Type of Service, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06240998/?utm_source=GNW
These healthcare consulting services assist healthcare organizations in better managing their internal work structures. There are numerous departments in a healthcare facility like finance, accounting, inventory, marketing, and other departments. For a healthcare facility to be successful, it is important that all departments must perform properly and efficiently.
The fundamental goal of a healthcare facility such as a hospital is to provide public healthcare. Profit comes into play when these healthcare organizations are privately owned. The key players of the market provide advice to all types of hospitals and other health-care initiatives in order to help them achieve their goal of running a healthcare facility. Profitability is one of the major aspects for the private healthcare facility. The treatment consulting services assist private hospitals in making more profit while simultaneously providing patients with world-class healthcare services.
A healthcare consulting firm serves as a third-party counsellor to a specific operator in the healthcare industry. Every healthcare organization, including hospitals, doctor’s offices, and other facilities, managed care organizations and payors such as insurance companies and government entities, pharmaceutical companies, pharmacies, and medical equipment companies, could potentially hire one of these advisory firms to help them improve organizational competency.
COVID-19 Impact Analysis
The population and economy have been severely harmed by the COVID-19 pandemic. As a result of this, healthcare institutions are under tremendous pressure to develop a well-coordinated environment in which all clinical and non-clinical tasks are linked internally and the organization works in tandem with other healthcare units. More than 255 million confirmed cases had been reported globally as of November 2021, with more than 5 million deaths as per WHO.
The pandemic has had a significant impact on independent consulting, resulting in decreased business, lower revenue, and project delays. However, pharmaceuticals and healthcare were among the three main industries (along with chemicals and agriculture) that were least affected by the pandemic. Healthcare providers, payers, pharma & biotech businesses, medical device companies, and government agencies have all adopted innovative technologies, solutions, and services to tackle the outbreak, going beyond traditional routes to improve workflows.
Market Growth Factors:
Rising penetration of digital healthcare services
Due to the growing demand for efficient practical solutions, there has been a huge demand for healthcare advising services. Healthcare outsourcing is in high demand around the world due to its applications in a variety of disciplines within the healthcare industry. Furthermore, as a result of favorable government policies in both developed and emerging countries, possibilities for healthcare IT consulting are expanding. The ability of healthcare consultants to boost the overall corporate activities of healthcare organizations would aid the growth of the healthcare consulting market during the forecast period.
Consolidation in the healthcare industry is becoming more common
The number of merger and acquisition transactions in the healthcare industry has been steadily increasing over the last several years. Synchronizing the digital and IT infrastructure of several businesses during merger activities is a difficult issue. IT departments are responsible for data migration and synchronization, as well as the continuing management of electronic medical records. With the rising number of mergers and acquisitions in the healthcare industry, a growing number of customers are likely to seek the assistance of healthcare consultants to overcome relevant obstacles in a seamless and cost-effective manner.
Market Restraining Factors:
Growing number of multi-sourcing approaches
Rather than taking a one-size-fits-all strategy, an increasing number of companies are splitting down larger consulting contracts into smaller chunks and enlisting the help of multiple vendors to complete tasks. Because consulting firms do not necessarily have competence in every practice area, healthcare organizations are gradually adopting the multi-sourcing model. Healthcare providers, payers, and government agencies are all pushing for numerous consulting firms to work together on projects.
End User Outlook
Based on end-user, the healthcare consulting services market is divided into Government Bodies, Healthcare Providers, Health Insurance Payers, Pharmaceutical & Biotechnology Companies and Medical Device Companies. Pharmaceutical & Biotechnology Companies segment procured a promising revenue share in the healthcare consulting services market in 2020. It is owing to the difficulties faced by these companies in managing IT and operational processes along with the constantly changing business dynamics of these companies across the world.
Type of Service Outlook
On the basis of type of service, the healthcare consulting services market is segmented into Digital Health Consulting, Financial Consulting, IT Consulting, Strategy Consulting, Operations Consulting, and HR & Talent Consulting. The financial consulting segment procured a promising revenue share in the healthcare consulting services market in 2020. These services include advisory services supplied to manage the hospital’s funds and expenses. These solutions help businesses prioritise their spending based on the amount of incentives they can offer.
Regional Outlook
Region-wise, healthcare consulting services market is analyzed across North America, Europe, Asia Pacific and LAMEA. North America emerged as the leading region in the healthcare consulting services market with the maximum revenue share in 2020. The provision of government funding for the progress of state-wide and national healthcare information exchange, the increased preference for HCIT solutions, the increased number of favorable initiatives by regional governments during the COVID-19 pandemic, the presence of large hospitals that demand integrated healthcare networks, the presence of major players offering healthcare consulting services, and the high adoption rate of these services by healthcare organizations during the COVID-19 pandemic.
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix Accenture PLC and Deloitte Touché Tohmatsu Limited are the forerunners in the Healthcare Consulting Services Market. Companies such as Cognizant Technology Solutions Corporation, IQVIA Holdings, Inc., Huron Consulting Group, Inc. are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McKinsey & Company, Ernst & Young Global Limited, Bain & Company, Inc., Huron Consulting Group, Inc., West Monroe Partners, Inc., Accenture PLC, Cognizant Technology Solutions Corporation, Deloitte Touche Tohmatsu Limited, IQVIA Holdings, Inc., and Boston Consulting Group.
Strategies Deployed in Healthcare Consulting Services Market
Partnerships, Collaborations and Agreements:
Jul-2021: Cognizant teamed up with Royal Philips, a global leader in health technology. Following the collaboration, the two companies aimed to create end-to-end digital health solutions that would allow healthcare organizations and life sciences companies to enhance patient care and speed up clinical trials.
Oct-2019: Huron formed an exclusive partnership with Medically Home Group, a healthcare technology-enabled services company. The partnership would integrate Huron’s and Medically Home’s strategic capabilities and comprehensive healthcare expertise to transform patient care with the help of advanced and affordable solutions to get enhanced health outcomes at a lower cost.
Product Launches and Product Expansions:
Dec-2021: IQVIA rolled out new Research Nursing and Phlebotomy services. In addition, these new services provide patients who take part in clinical trials access to a global network of high-quality, credentialed professionals that offer compassionate protocol-required care within their own homes.
Nov-2019: Deloitte introduced ConvergeHealth Connect, a suite of products that enable healthcare institutions to better offer enhanced patient care. The new suite is based on the Salesforce Health Cloud and will be offered via Deloitte Digital, the firm’s creative digital consultancy that works with clients to digitally transform.
May-2019: IQVIA launched IQVIA MedTech and its dedicated industry-focused solutions and services for the medical device and in-vitro diagnostics market, and for companies with combination products. The new solution helps the companies to create better manage operations across their complete product lifecycle, from concept-to-market, offering quality control, regulatory, safety, and compliance solutions along the way.
Acquisitions and Mergers:
Jan-2022: Hiren took over Perception Health, the disease prediction company. Following the acquisition, the integrated capabilities of the two companies would enhance Huron’s healthcare predictive analytics and data capabilities to assist customers to unlock insights and identify patterns to improve patient care and make informed decisions.
Nov-2021: EY took over Tao Leadership Limited (Tao), a company that focuses on driving fast-paced organizational transformation and culture change in businesses. This acquisition would further boost the growth of EY People Advisory Services by bolstering the already extremely prominent tech-enabled transformational leadership and culture change capabilities.
Sep-2021: Accenture took over Gevity, offers professional services to clients seeking sustainable and effective healthcare, social services, and life sciences solutions. Through this acquisition, the company aimed to expand its capabilities to offer health transformation services in Canada and internationally.
Jul-2021: Deloitte took over Paxton Partners, a healthcare consulting firm. Following the acquisition, Deloitte would acquire the specialist skills of the Paxton Partners team which would improve the capability available to state and federal health departments, other funders, insurers, public health services, sector operators, not-for-profit health vendors, private hospital groups, and investors.
May-2021: Deloitte acquired Iperion Life Sciences Consultancy, a globally-operating firm working to support life sciences companies and regulatory bodies in their digital transformation. Following the acquisition, the Iperion would become “Iperion – a Deloitte business” and become part of Deloitte’s Risk Advisory function, focusing on human medicine safety, outcomes, and experiences through standardized, regulated product information.
Feb-2021: Huron took over Unico Solution, a data management and analytics systems provider company. This acquisition aimed to enhance the data management and governance capabilities of Huron to assist customers in better managing their data to optimize their operations and boost cloud adoption.
Feb-2021: Cognizant took over Linium, a cloud transformation consultancy group specializing in the ServiceNow platform and solutions for smart digital enterprise workflows. Following the acquisition, the specialized ServiceNow focus of Linium aimed to expand Cognizant’s enterprise service management capabilities while supporting its own longstanding ServiceNow alliance.
Jan-2021: Deloitte took over HashedIn Technologies Private Limited, a leading cloud-native software engineering, and product development firm. Following the acquisition, the two companies would together assist the customers to imagine, provide and run their futures with cloud technologies. Moreover, the integrated capabilities of the two companies would strengthen the capacity to develop software products and intelligent solutions that boost innovation at the edge.
Oct-2020: Accenture took over OpusLine, an independent Paris-based health consulting company renowned for its strategic advisory and transformational services provided to healthcare organizations in France. Following the acquisition, OpusLine would become part of the new Health practice of Accenture Strategy & Consulting in France, strengthening its ability to assist customers’ innovate and provide digital innovation across their organization.
Jun-2020: Cognizant took over Collaborative Solutions, adding new finance and HR advisory and implementation services to Cognizant’s cloud offerings. This acquisition would provide the company with new finance and HR advisory and implementation services to Cognizant’s cloud offerings.
Jan-2020: Accenture acquired Clarity Insights, a data science consultancy with artificial intelligence (AI), machine learning (ML), and enterprise automation expertise. Through this acquisition, Accenture would expand its resources to assist healthcare companies with data science.
Scope of the Study
Market Segments covered in the Report:
By End User
• Government Bodies
• Healthcare Providers
• Pharmaceutical & Biotechnology Companies
• Health Insurance Payers
• Medical Device Companies
By Type of Service
• Operations Consulting
• HR & Talent Consulting
• IT Consulting
• Strategy Consulting
• Financial Consulting
• Digital Health Consulting
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• McKinsey & Company
• Ernst & Young Global Limited
• Bain & Company, Inc.
• Huron Consulting Group, Inc.
• West Monroe Partners, Inc.
• Accenture PLC
• Cognizant Technology Solutions Corporation
• Deloitte Touche Tohmatsu Limited
• IQVIA Holdings, Inc.
• Boston Consulting Group
Unique Offerings
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
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Artificial Intelligence
Wego and Tourism Authority of Thailand Partner for The Fourth Consecutive Year, Showcasing the Beauty of Thailand
DUBAI, UAE, April 25, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination.
Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Over the past campaigns, Wego and the Tourism Authority of Thailand have successfully amplified Thailand’s appeal as a top travel destination, reaching millions of travelers and driving significant interest in visiting the country. From its pristine beaches and vibrant cities to its lush jungles and cultural heritage sites, Thailand offers an array of experiences that cater to every traveler’s preferences.
“We are delighted to continue our partnership with the Tourism Authority of Thailand for the fourth consecutive campaign,” said Mamoun Hmedan, Chief Business Officer, Wego. “Thailand is a beloved destination for travelers worldwide, and we are committed to showcasing its beauty and diversity through our platform. Together with the Thailand Tourism Board, we look forward to inspiring even more travelers to explore all that Thailand has to offer.”
The success of the previous campaigns underscores the effectiveness of Wego and the Thailand Tourism Board’s collaborative efforts in promoting Thailand as a must-visit destination. By leveraging Wego’s extensive reach and innovative marketing capabilities, the partnership aims to further elevate Thailand’s profile and attract more travelers to experience the magic of the Land of Smiles.
“We are thrilled to continue our partnership with Wego for the fourth campaign,” said Mr. Chaiwat Tamthai, Director of TAT Dubai office. “Thailand offers an unparalleled travel experience, from its stunning beaches and vibrant cities to its rich cultural heritage. Through our collaboration with Wego, we are excited to showcase the beauty of Thailand to travelers in the MENA region and invite them to discover the wonders of our country.”
As travelers seek unforgettable experiences and breathtaking landscapes, Wego and the Tourism Authority of Thailand are committed to showcasing Thailand’s unique charm and allure, inviting travelers to embark on an unforgettable journey to this enchanting destination.
About Wego
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
Wego was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
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Artificial Intelligence
Building Energy Management Systems Market Projected to Reach $67.69 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 24, 2024 /PRNewswire/ — The report titled “Building Energy Management Systems Market by Component (Hardware, Services, Software), Type (Integrated Building Energy Management Systems, Standalone Building Energy Management Systems), Application, Deployment Mode, End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $34.52 billion in 2023 to reach $67.69 billion by 2030, at a CAGR of 10.09% over the forecast period.
“Revolutionizing Energy Efficiency Globally With The Evolution of Building Energy Management Systems (BEMS)”
In an era where energy conservation and efficiency have become paramount, building energy management systems (BEMS) are at the forefront of this transformation, offering solutions that monitor, control, and optimize energy usage within buildings. These advanced systems, leveraging real-time data analytics, automate energy control, enhance energy savings, reduce costs, and contribute to a greener planet. Primarily utilized in commercial spaces, residential areas, and industrial sectors, BEMS has a broad application scope, covering HVAC, lighting, and security systems. Factors driving the expansion of the BEMS market include escalating energy expenses, heightened awareness of environmental impacts, and the increasing incorporation of Internet of Things (IoT) and cloud-based technologies, coupled with supportive government initiatives promoting energy-efficient infrastructures. Although challenges such as high initial costs and technology integration barriers exist, the advent of AI and IoT technologies within BEMS heralds a future of predictive energy management and remote operational capabilities, with a growing emphasis on integrating renewable energy sources. Regions such as the United States, Canada, the European Union, and emerging economies such as China and India are witnessing significant growth in BEMS adoption, spurred by regulatory policies and a shift towards sustainable building practices. This global movement toward BEMS signals a step toward reducing carbon footprints and highlights the collective effort to embrace technology for a sustainable future.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Harnessing Energy Management for Sustainability and Efficiency”
Data centers are pivotal infrastructures in the digital transformation era, consuming up to 50 times more energy than typical commercial spaces. This energy demand positions data centers as key contributors to the U.S.’s overall electricity consumption. Recognizing this, implementing building energy management systems (BEMS) is crucial in mitigating the environmental impact and operational costs associated with data centers. BEMS optimizes cooling systems to prevent equipment overheating, thereby enhancing energy efficiency by leveraging real-time data. Such systems reduce the power usage effectiveness (PUE) ratio, highlighting a move toward more sustainable consumption patterns and ensuring data centers’ operational continuity. Integrating seamlessly with existing infrastructure, BEMS offers a comprehensive approach to energy management, enabling more innovative cooling, efficient power usage, and predictive maintenance. This transition highlights a commitment to environmental responsibility and fosters operational efficiency, setting a new standard for data center operations worldwide.
“Revolutionizing Building Efficiency With Advanced Energy Management Systems Optimized Usage”
In push toward sustainability, building energy management systems (BEMS) stands at the forefront of innovation, integrating sophisticated hardware such as sensors, actuators, controllers, and more to manage and reduce energy consumption in buildings meticulously. These systems work in concert to monitor environmental conditions and adjust heating, ventilation, and air conditioning (HVAC) settings in real time, leading to significant energy savings. BEMS provides valuable data that helps identify savings opportunities, while networking tools ensure seamless communication between devices by precisely tracking energy flow through meters. Servers process vast amounts of data, enabling detailed analysis and actionable insights to refine energy use further. Additionally, comprehensive services, including customized consultations and dedicated support, ensure that each BEMS is tailored to a building’s unique needs, providing efficient operation and extended system longevity. BEMS exemplifies the strategic shift toward more sustainable and operationally excellent building management through the collaborative synergy of hardware, software, and expert services.
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“Schneider Electric SE at the Forefront of Building Energy Management Systems Market with a Strong 13.97% Market Share”
The key players in the Building Energy Management Systems Market include Schneider Electric SE, Honeywell International Inc., Azbil Corporation, Emerson Electric Co., Johnson Controls International PLC, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Building Energy Management Systems Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Building Energy Management Systems Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Building Energy Management Systems Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/building-energy-management-systems
“Dive into the Building Energy Management Systems Market Landscape: Explore 180 Pages of Insights, 566 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsBuilding Energy Management Systems Market, by ComponentBuilding Energy Management Systems Market, by TypeBuilding Energy Management Systems Market, by ApplicationBuilding Energy Management Systems Market, by Deployment ModeBuilding Energy Management Systems Market, by End-UseAmericas Building Energy Management Systems MarketAsia-Pacific Building Energy Management Systems MarketEurope, Middle East & Africa Building Energy Management Systems MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
Related Reports:
Home Energy Management System Market – Global Forecast 2024-2030Energy Management System Market – Global Forecast 2024-2030Intelligent Building Automation Technologies Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Artificial Intelligence
Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets
TOKYO, April 25, 2024 /PRNewswire/ — Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV (“Unifly”) and Aloft Technologies Inc. (“Aloft”) focused on UAS Traffic Management (UTM) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050 (1), with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies proudly announce initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities. The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Recognizing the evolving needs of the AAM industry, they are dedicated to extending their platform by incorporating crucial additional functions. These enhancements, designed with automation at their core, aim to streamline operational efficiencies and pave the way for the integration of their increasingly automated UTM technology into the design and operational framework of AAMs. Through these efforts, they aim to set new standards in UTM and to facilitate the seamless integration of eVTOLs and drones into the national airspace, bolstering the potential for the AAM industry.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
Notes to Editor:
Research by Morgan Stanley in a report titled “eVTOL/Urban Air Mobility TAM Update: A Slow Take-Off, But Sky’s the Limit” https://advisor.morganstanley.com/the-busot-group/documents/field/b/bu/busot-group/Electric%20Vehicles.pdf]
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