Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 4

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 4
---
/reports/healthcare-Cloud-Computing-Market--2019-2027-234

●https://www.bloomberg.com/press-releases/2020-04-16/healthcare-analytics-market-size-to-reach-usd-40-781-billion-by-2025-cagr-of-23-55-valuates-reports

    ●
    https://www.alliedmarketresearch.com/press-release/us-healthcare-it-market.html

    ●
    https://www.marketdataforecast.com/market-reports/medical-documents-management-market

3

Challenges associated with increasing complexity of healthcare data

Across the healthcare landscape, a significant
amount of data is being created every day, driven by patient care, payment systems, regulatory compliance, and recordkeeping. This includes
information within patient health records, clinical trials, pharmacy benefit programs, imaging systems, sensors, and monitoring platforms,
laboratory results, patient-reported information, hospital, and physician performance programs, and billing and payment processing.

The U.S. Healthcare system has invested billions
of dollars to collect vast amounts of detailed information in digital format. Examples of major areas of investment include electronic
transactional systems that digitize clinical information (e.g., EHR systems, pharmacy, laboratory, imaging, patient satisfaction, and
healthcare information exchanges), financial information (e.g., general ledger, costing, and billing), and operational information (e.g.,
supply chain, human resources, time and attendance, IT support, and patient engagement). Wearables and sensors drive personalized health
data for continuous monitoring of patients through daily activity logs, biometric sensors, fall sensors, social activity sensors, etc.
These wearables and sensors result in a proliferation of healthcare data that also includes socioeconomic, genomic, and remote patient
monitoring information. Collecting, storing, and using healthcare data is complicated by the breadth and depth of disparate sources, the
multitude of formats, and increasing regulatory requirements.

The data is vital for Life Sciences and pharmaceutical
industries; however, traditional and current data platforms are not equipped to meet this surge or the analytic demands. Today, the data
platform is expected to stay relevant for at least 15 years, be able to democratize the data, and still be secure and compliant. Data
and analytics in healthcare is transforming the way illnesses are identified and treated, improving quality of life and avoiding preventable
deaths.

We believe our DataEz platform addresses these
challenges. DataEz is a cloud