Healthcare cloud spending expected to reach $6.8 billion.

• Position: CLOUD

The healthcare market's technology spending has grown aggressively over the past few years, a good percentage of it in cloud computing services. Researchers predict that the global healthcare industry will spend $6.8 billion by 2018, compared to an estimated $1.8 billion in 2011.

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Research published in late January by Transparent Market Research revealed that North America is the fastest growing cloud computing market in the health industry today. This is largely attributed to the vast number of biopharmaceutical companies that...