Even the most conservative industries understand that they must innovate to stay competitive. Lightly regulated industries move quickly, altering customer expectations, while highly-regulated industries such as healthcare often struggle to incorporate modern applications that spur the transformation required to compete in the new digital business era. Healthcare faces increased levels of complexity and risk as protected health information (PHI) is typically involved, with the associated obligation to protect that data.
The cloud accelerates transformation more than any other technology paradigm today; businesses must adopt the cloud or be disrupted by those that do. However, for highly-regulated industries, the burden of integration and compliance often blocks the innovation necessary to compete.