Digital healthcare is a massive services opportunity for IT, medical, web and communications services players but, according to a report from Bloomberg, the major US operators have not capitalized on their opportunities and are leaving the door open for Google, Apple and others.
The report notes that AT&T and Verizon have made some efforts to develop new business in this sector, which is already worth about $15 billion per year and growing fast, but "for the most part US wireless carriers remain on the health-care sidelines."
And while regulations and market conditions are different in each market, one operator just over the border in Canada has shown that it's possible to capitalize on the new opportunities offered up by the digital healthcare services market: The report says that Canadian carrier Telus has been successful with its e-health businesses, generating C$600 million in annual revenues and achieving near-30% profit margins.
The opportunity is there for operators that can marry up networking, cloud, applications and partner platform capabilities: The hard part is taking advantage of that opportunity, but Telus has shown that it's possible.
— Ray Le Maistre, , Editor-in-Chief, Light Reading