Bull Charges Into Telecare Sector
IT services provider Bull has secured two important new contracts within the French healthcare sector, leveraging the group's expansive cloud computing platforms. Bull is looking to double its EBIT margins over the 2014-17 period and, with BMI forecasting strong and steady growth in both IT services spending and government healthcare spending through to 2018, we believe the group is well positioned to take advantage of the government's desire to replace inefficient legacy data handling platforms with secure and cost-effective next-generation solutions across multiple industry verticals.
Under Bull's new 'One Bull' strategic plan for 2014-17, the group aims to become 'the enterprise operator for enterprise data' by developing solutions and services that allow clients to capture the full value of the data they create and use. Although large commercial enterprises are targeted by Bull's new cloud computing offerings, government agencies are also being targeted as the state releases more funds to expedite the replacement of legacy closed information-sharing systems with open, scalable platforms.
Thus, BMI believes that Bull's appointment as a health data host for the national agency for shared healthcare information systems, ASIP Sante, represents a significant opportunity for the IT services specialist to promote the value of its cloud-based software-as-a-service (SaaS) proposition to key decision-makers within the French government and to open doors for the Bull portfolio within other government-supported industries. As part of the deal with ASIP Sante, Bull will position itself as an operator supporting telemedicine and the archiving and sharing of medical imaging data; its 'always-on' capabilities will reduce the time and costs involved in storing and retrieving complex data and allow for more detailed and collaborative analysis of patient data by specialists and general practitioners on a real-time basis. Accelerated and more accurate treatment schedules will ease the burden on drug procurement and distribution supply chains and reductions in the number of outpatient and personal consultations will cut costs borne by hospitals and local surgeries.
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