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Global Hospital Information Systems Market to Reach US$17 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 22, 2011

Follow us on LinkedIn – Adoption of IT is not new to hospital industry with several IT tools already proving their worth in billing and administrative functions. Use of IT in clinical environment however has been restricted over the years, given the sensitive nature of patient information, medical procedures and treatment regimes, all of which can be vulnerable against data losses, or misuse. However, with growing realization of benefits, and rapid developments in technology, IT is slowly making its way even into the clinical set up, especially for capturing and storing patient records, and managing imaging, testing and surgical room procedures.

The need among healthcare providers to transform their legacy systems into advanced information systems by integrating their clinical, business, and technical assets for achieving profitability and offering services targeting fast changing consumer demands, while still maintaining high degree of service quality and efficiency is also driving hospitals to invest considerably in healthcare IT. Information technology allows critical information to be captured and stored electronically, streamlines clinical workflows, facilitates decision making, and monitors public health and therefore regarded as a highly efficient tool for healthcare industry. Several IT systems have therefore found its way into the hospital industry, Hospital Information Systems (HIS) being one among them.

The healthcare industry although resilient to a degree is not immune from the developments in macro-economic environment. Tighter credit market conditions across the world have resulted in increased difficulty in securing finances necessary for capital purchases. Worldwide hospitals and healthcare providers were fraught with reimbursement pressures, lowered direct government spending due to constricted budgets, reduced demand and consumer spending on pharmaceuticals, and healthcare services (as a result of increased loss of corporate health coverage). Tight budgets, lack of credit and finances for capital purchases, declines in philanthropic donations, pushed hospitals and healthcare facilities into curtailing their expenses on the purchase of new equipment and upgradation of information infrastructure. Hospitals remained wary of their IT investments thereby squeezing opportunities for the global Hospital Information Systems market during the 2007-2009 recession period. Despite several benefits stacked in its favor and notwithstanding its sturdy value proposition from a technology standpoint, HIS implementations weakened due to the aforementioned macro economic factors including the general strategy of ?doing more with less? among hospitals. Difficulty in accessing capital from tax-exempt bonds made it difficult for hospitals to sustain profitability during the period, thereby affecting the ability to fund new IT infrastructure and upgrade existing infrastructure, thus throwing deployment of HIS onto the backburner until signs of an economic thaw. As a result, growth in the market hit a trough in the year 2009.

The global HIS market staged a healthy recovery in the year 2010. The resurgence in market was primarily led by various stimulus packages offered by the government to infuse vigor into healthcare segment. The financial incentives given by Governments for adopting technology based innovations and improvements in healthcare also encouraged hospitals, healthcare professionals and other participants to start reinvesting in HIS, thereby driving market growth. Fast paced developments in healthcare sector in developing markets especially China and India will additionally infuse growth in the global HIS market in the short to medium term period. The large underserved market also presents tremendous opportunities for HIS market to tap. For instance, small private practices with about 4-5 doctors are relatively underserved by IT as they often fall short or resources to implement efficient tools for addressing critical data management and therefore presents a perfect opportunity for HIS providers to tap.

The market over the next few years will also benefit from healthcare industry?s focus on addressing huge demand for affordable-yet-quality healthcare services. Increasing costs have left the healthcare service patrons searching for affordable-yet-quality healthcare services. This trend created an urgent need for hospitals and other healthcare providers to re-visit their operational strategies, in order to be effective in catering to changing demands of consumers. With the desire to keep pace with the fast changing consumer demand, hospitals and healthcare providers are fast leaning towards adoption of Hospital Information Systems, which in turn is resulting in an increased number of HIS implementations.

As stated by the new market research report on Hospital Information Systems, Europe continues to remain the largest regional market for HIS. Asia-Pacific represents the fastest growing regional market with revenue from the region waxing at a CAGR of about 11% over the analysis period. Growth in the Asia-Pacific HIS market will be especially driven by growing income levels, improving spending power and the ability to afford quality healthcare services among people, and robust developments in healthcare IT especially in developing markets such as China and India. Clinical Information Systems represents the fastest growing market segment.

Major players in the marketplace include Agfa-Gevaert bv, Akhil Systems Pvt. Ltd., Allscripts Healthcare Solutions Inc., AxSys Technology Ltd., Brunie-Software GmbH, Cerner Corporation, GE Healthcare, Healthland, iSOFT Group Limited, Integrated Medical Systems Pty Ltd., Keane, McKesson Corporation, Medical Information Technology, Inc., MEDISTAR Praxiscomputer GmbH, Philips Medical Systems Nederland B.V, QuadraMed Corporation, Siemens Healthcare, Softlink International Pvt Ltd., Sysmex Corporation, among others.

The research report titled “Hospital Information Systems (HIS): A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for product segments Non-Clinical Information Systems; and Clinical Information Systems, across geographic markets such as the US, Japan, Europe (France, Germany, Italy, UK, Spain, and Rest of Europe), Asia Pacific (Australia, China, South Korea and Rest of Asia-Pacific), and Rest of World.

For more details about this comprehensive market research report, please visit ? http://www.strategyr.com/Hospital_Information_Systems_HIS_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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According To Riverview Software Solutions, Winter Storm Season is Almost Here — Broadcasters And Emergency Services Need To Be Prepared

Guntersville, Alabama (PRWEB) November 19, 2011

Riverview Software Solutions provides a software application named “Disaster Resource Navigator” to provide diaster preparedness and assist during disaster recovery efforts.

The Disaster Resource Navigator software application provides an organized method of keeping track of important information and provides quick navigation of local resources offering critical services and supplies such as food, water, ice, shelters, generators and fuel. With the Disaster Resource Navigator, this information is just a mouse click away saving valuable time for the broadcast staff, listeners and viewers.

The Disaster Resource Navigator eliminates having piles of notes to sort through or lose during a natural disaster or emergency.

The Disaster Resource Navigator application is intuitive for radio and TV broadcasters of all levels of experience. Minimal typing is required with only 3 data fields. All data is automatically saved – no buttons to click, just enter the data ?on the fly? and it will be saved automatically.

The Disaster Resource Navigator user interface provides a simple and intuitive interface for the user. Users can click on a category and the Resource List is instantly populated with all resources providing that particular service. Hot buttons are provided for immediate access to the most critical information.

The application includes a U.S. state, county and city database which can be setup for specific defaults and favorites – minimizing the number of items on the drop-down selection lists. Built in category lists are provided and new categories can be added as needed. The software also includes an activity logger to easily comply with FCC reporting requirements.

The software design is based on a “Real Life” scenario. In April 2011, tornadoes devastated many areas in Alabama with a record breaking 53 in one day throughout the state. Riverview Software Solutions is located in the northeastern section of the state where nine of the 53 caused severe damage.

A local FM station operated under FCC emergency broadcast rules for many days and fielded numerous phone calls from the general public, local businesses and other local service agencies. The FM station became a crucial communications hub that helped citizens find much needed supplies and provided the location of resources throughout the area.

Riverview Software Solution?s design team monitored this activity and discovered that after days of taking notes and relaying information, the station staff had so many notes and occasionally, finding the desired information for callers was starting to take a considerable amount of time. There had to be a better way so the Riverview team set out to develop this software application.

Should a natural disaster strike a community in the future, having the Disaster Resource Navigator will be an essential tool for quickly providing information to the public.

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Global LAN/WAN Test Equipment Market to Reach US$1.16 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 18, 2011

Follow us on LinkedIn – The remarkable growth of computer networks since introduction of the Internet and the subsequent development of new technologies to enhance network functionality have triggered off demand for network test equipment worldwide. Designed to monitor and troubleshoot network related issues, LAN/WAN test equipment has become a major part of network operations, and gained wide acceptance among private enterprises, service providers, and network equipment manufacturers. Demand for network test equipment has increased with private enterprises need to continuously monitor network integrity, and service providers? requirement for optimal network performance. LAN/WAN test equipment checks network reliability, throughput, and quality of service, and also ensure network stability needed by both service providers and private enterprises.

Demand for LAN/WAN test equipment in the recent years is highly supported by the latest developments in communication technologies, including VoIP (Voice over Internet Protocol), 10GbE (Ten Gigabit Ethernet), VPN (Virtual Private Network), and PON (Passive Optical Network). Further, the demand is influenced by the initiation of 40 Gigabit Ethernet (40GbE) deployments, wireless networks, Gigabit PON (GPON), and triple play services, including video, voice, and data. Development of FTTH (Fiber-To-The-Home), and enhancing bandwidth needs are further expected to support the growth of network test equipment market in the next few years.

The recent global economic meltdown, which sent ripples of unrest in most business sectors during 2008 and 2009, not surprisingly left the worldwide LAN/WAN Test Equipment market hurting. With the financial crisis led economic slowdown negatively impacting every company?s IT structure, world market for LAN/WAN Test equipment stood significantly weakened during the period. Budgetary constraints, lack of capital for investments in IT assets and the general strategy of ?doing more with less? took its toll on LAN/WAN test equipment as spending on network infrastructure witnessed a significant fall. With several companies throwing plans to deploy expensive wireless network infrastructure and endpoints for regional offices onto the backburner until signs of an economic recovery, new orders for LAN/WAN test equipment took a severe blow during 2009. Lack of strong budgets to fund equipment replacements also forced companies to focus on optimally utilizing their existing test equipment rather than investing in replacements or upgradation, thereby dragging down growth further in the market.

Another major factor that squeezed revenues for the market during the recession was the rise in demand for pre-owned as well as rental LAN/WAN test equipment. Affordable and available with same warranty and product support as in newer equipment, these products have been safe bet for end-users during weak economy. Cost wary end-users, especially those keen on surviving the crisis, mostly preferred rental or pre-owned equipment, thus squeezing revenues for LAN/WAN test equipment manufacturers.

Following drastic slowdown in revenue growth during 2009, the global market for LAN/WAN testing equipment staged a healthy comeback in the year 2010, primarily driven by resurgence in growth fundamentals such as improvement in global economy, and subsequent improvement in spending power among end-users and resurgence in network infrastructure investments. Going further, growth in the LAN/WAN test equipment market will be primarily driven by mass proliferation of advanced technologies and applications such as WiMax, and 3G/3.5G, especially in relatively large untapped markets in Asia Pacific such as Bangladesh, Hong Kong, Pakistan, South Korea and Singapore. Increase in global number of wireless subscribers and cell site constructions, addition of new global as well as regional frequency bands, such as WiMax bands of 2700MHz and 2500 MHz internationally and AWS in Canada and the US, and the increasing shift towards all-IP networks, particularly the use of IP multimedia subsystem (IMS) technology will boost market prospects for LAN/WAN Test equipment over the next few years.

With enterprises fast migrating their valuable data from traditional TDM based networks to advanced IP based LAN/WAN networks, its opportunities galore for LAN/WAN Test equipment. The need for business continuity and increasing deployment of Wireless Networks in enterprises will also create tremendous market opportunities for advanced LAN/WAN test equipment in the enterprise segment. The market will also be driven by continued advancements in telecom sector. Heavy investments being made by telecom carriers on new IP technology, wireless infrastructure and fiber for providing state-of-the-art video, voice, and data services will create significant demand for LAN/WAN test equipment in the telecom industry. The ever-increasing proliferation of triple play services and complexity of networks demand high bandwidth speeds, fostering the demand for technologically advanced testing solutions.

As stated by the new market research report on LAN/WAN Test Equipment, the US continues to remain the largest regional market worldwide. Asia-Pacific represents the fastest growing regional market displaying a CAGR of about 6.5% over the analysis period. Performance Analyzers & Stress Testers represents the fastest growing market segment, by product type. Growth in this segment will be especially driven by technology developments and introduction of products with advanced features such as those capable of checking entire OSI (Open Systems Interconnection) layers into one system.

Major players in the marketplace include Agilent Technologies Inc., Anritsu Corporation, AOIP SAS, Digital Lightwave Inc., EXFO Inc., Fluke Networks, Harris Corporation, Ixia, JDS Uniphase Corporation, LeCroy Corporation, Network Instruments LLC, RADCOM Equipment Inc., Spirent Communications Plc., Sunrise Telecom Inc., Tektronix Inc., Wilcom Inc., and Yokogawa Electric Corporation.

The research report titled “LAN/WAN Test Equipment: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for product segments Protocol Analyzers; Performance Analyzers & Stress Testers; and Conformance & Interoperability Test Systems, across all major geographic markets such as the US, Canada, Japan, Europe, Asia Pacific, and Rest of World. The report also analyzes market by application type Research & Development, Production Process, and Installation & Maintenance.

For more details about this comprehensive market research report, please visit ? http://www.strategyr.com/LAN_WAN_Test_Equipment_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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North American Truck Bedliners Market to Reach US$349 Million by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 17, 2011

Follow us on LinkedIn – Given the high strung sensitivity of truck bedliners market on sales of pick up trucks in the region, the 2007-2009 world economic recession, which sent the automotive manufacturing industry reeling, not surprisingly squeezed market opportunities for truck bedliners market during the period. Tight budgetary conditions and low purchasing power led to a significant drop in sales of pickup trucks during the period, thereby affecting the number of pick up trucks plying on the road. High fuel prices during the period also led to significant fall in number of on-road trucks. This considerable drop in number of on-road pick up trucks and subsequent reduction in wear and tear of existing bedliners squeezed opportunities for market in the aftermarket segment.

The North American Truck Bedliners market staged a recovery in the year 2010 in line with the improvement in the economic scenario. The market over the next few years will be driven by technology advancements, especially those associated with new proprietary coatings and application techniques. For instance, manufacturers are focusing on using the coating characteristics of bedliners to address the needs of military, industrial, and other commercial applications. Unique solutions introduced in the market have a wide range of applications and options in terms of flexibility, durability, appearance, and protection. Technological advancements also allow distributors to better differentiate their products and gain competitive advantage.

Aggressive promotional strategies being adopted by leading manufacturers will also drive market opportunities over the next few years. Leading manufacturers of spray-on and drop-in bedliner products are undertaking aggressive advertising and marketing initiatives to attract new opportunities and strengthen their positions in the market. Manufacturers are focusing on various media at national and regional level, including television, print, and radio to reach out to the potential customer, thus driving significant opportunities. The growing demand for high-cost spray-on bedliners also augurs well for the market, as the expensive nature of the product category inflates revenue for the overall market.

As stated by the new market research report on Truck Bedliners in North America, the Spray-On Bedliners is the fastest growing product segment with dollar sales waxing at a CAGR of about 17.3% over the analysis period. Drop-In Bedliners is the largest product segment in terms of volume sales. In the next few years, lower prices of drop-in bedliners are expected to sustain demand for drop-in liners, although the market continues to face stiff challenge from the spray-on segment.

Major players in the marketplace include Homestead Products, Inc., Industrial Polymers Corporation, Line-X Corp., Panda Corporation, Rhino Linings Corporation, STK LLC, Ultimate Linings Ltd., Rugged Liner, Inc., International Liner Co., among others.

The research report titled ?Truck Bedliners: A North American Market Report? announced by Global Industry Analysts, Inc., provides a review of market trends, competitive scenario, and recent industry activity. The study analyzes market data and analytics in terms of value and volume sales across two segments ? Drop-in Bedliners, and Spray-On Bedliners.

For more details about this comprehensive market research report, please visit ? http://www.strategyr.com/Truck_Bedliners_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Freight Trucking Industry: A Recovery in Consumer Spending and Construction Will Lift Revenue, According to a New Report

Los Angeles, California (PRWEB) November 10, 2011

Traditionally, trucking has been the big winner when the economy recovers from a recession. As such, IBISWorld, the nation?s largest publisher of industry research, forecasts that revenue for the Local Freight Trucking industry will grow at an average annualized rate of 3.2% to reach $ 45.0 billion in the five years to 2016. Freight volumes available to the industry are projected to rebound as the economy returns to growth in line with recovering consumer confidence and increased spending. Consequently, in 2012, revenue is forecast to increase 3.2% as consumers buy more physical goods, causing downstream industries to require additional shipping. As Americans release pent-up spending in 2012 and beyond, revenue will leap higher.

As the recession worsened, sluggish manufacturing production and slow retail spending reduced demand for the Local Freight Trucking industry. Declining demand caused operators to engage in price competition, which limited profit margins. Also, soaring diesel costs dramatically reduced profitability in 2008, despite the fuel surcharges that many industry operators implemented. In 2011, margins are expected to increase to 3.9% of revenue due to rising demand; however, profit will remain below prerecession levels because of continued price competition and rising fuel costs.

The local freight trucking industry was particularly hurt in 2009, when revenue declined 14.9% due to reductions in consumer spending, construction activity and manufacturing production. Furthermore, a drastic reduction in diesel prices in 2009 caused revenue from fuel surcharges to decrease during the year. While revenue from fuel surcharges has since increased along with fuel prices, industry demand remains relatively weak. Consequently, revenue is expected to fall at an average annualized rate of 2.0% to $ 38.4 billion during the five years to 2011. In 2011 alone, IBISWorld expects that recovering demand and increased fuel surcharges will increase industry revenue by 3.7%.

Nonemployers comprise about 87.6% of industry firms. These small firms, which generate 34.6% of revenue, were particularly susceptible to the recent decline in demand. Poor operating conditions caused many firms to record losses in 2008 and 2009, and some operators were forced out of the industry. In the five years to 2011, the number of firms is expected to decline by 0.5% annually to total 215,491. Similarly, reduced demand has also caused industry employment to fall 1.5% annually during the five years to 2011.

The Local Freight Trucking industry has a low concentration due to the relative ease of entry and exit. According to IBISWorld, the largest players include, YRC Worldwide Inc., Con-way Inc., J. B. Hunt Transport Services Inc., Schneider National Inc., Landstar System Inc. and Werner Enterprises Inc.

According to IBISWorld analyst, Lauren Setar, as the US economy recovers, the local freight trucking industry growth is expected to pick up pace in line with returning demand. ?Trucking industries have struggled to attract enough drivers to meet demand prior to the recession,? says Setar. ?The recession’s negative effect on demand has offset these staffing problems, which is expected to continue during the next five years.? In the five years to 2016, IBISWorld projects that industry revenue will increase at an average annualized rate of 3.2% to total $ 45.0 billion.

For more information, download the full report from IBISWorld on the Freight Trucking industry

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Industry Definition

Main Activities

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About IBISWorld Inc.

Recognized as the nation?s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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