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The popularity of private cloud is growing, primarily driven by the need for greater data security. Across industries like education, retail and government, organizations are choosing private cloud settings to conduct business use cases involving workloads with sensitive information and to comply with data privacy and compliance needs.
The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. By 2028, the global telemedicine market will be almost $299 billion (“Telemedicine Market Size Worth $298.9 Billion By 2028,” Grand View Research).
In our forecast period from 2024 to 2028 we predict a double digit CAGR, a slight increase compared to the past four years, which were heavily influenced by the pandemic. The deployment of IDP solutions ranges from on-prem software that runs on a laptop or on-site server to cloud-native platforms that are available as hosted services.
Their cloud-based platform, SAI360, is a configurable module with advanced compliance and up-time standards to provide effective risk management. The publicly traded cloud solution provider ServiceNow is one of the largest companies on our list and offers a list of tools for enterprise operations. SAI Global SAI360. ServiceNow VRM.
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