Medical Device Software in the Cloud
It is forecasted that the global market for cloud based medical device software will reach £3.3 billion by 2024, compared to £1.5 billion in 2018. This growth is primarily driven by an increase in wearable hardware, along with the desire to reduce overheads associated with processing test results.
Cloud solutions offer companies access to the latest hardware and software at very little cost and effort. Furthermore, despite common misconceptions, cloud-based solutions offer better data security and data encryption as providers are constantly upgrading their systems. It can be difficult for smaller companies hosting their own services to manage this process.
To help transition their products and services onto the cloud, many businesses turn to software development companies such as OCC. Businesses may have the ability to code the functions that define their own IP, but not the specialised code required for each cloud host. Utilising OCC’s expertise in developing cloud based medical devices, making a switch can be both time and cost-effective.