analysis of information technology industry

External opportunities including increased use of the Internet, a favorable national environment, and a growing call for industry standards are pressured by threats of legal compliance, loss of patient trust, and high cost of IT. Achieving Business Objectives Funding Innovation Digital Transformation. Internal weaknesses, however, include a lack of information system integration, user resistance to new technologies and processes, and slow adoption of IT. See how Gartner helped other companies achieve their information technology goals. Information Technology Industry Analysis 1 Introduction In todays scenario, the Information Technology industry plays a vital role in the development of the US economy. Internal strengths supporting further industry investment in IT include improved patient safety, greater operational efficiency, and current investments in IT infrastructure. Using the popular strategic analysis tool of strengths, weaknesses, opportunities, and threats analysis (SWOT), facing the healthcare industry and its adoption of information technologies (IT) are presented. This sector alone had 6 million direct jobs and facilitated another 13 million jobs indirectly. economy in 2018 which represented around 10 of the country’s GDP. Analysts, practitioners, patients and others have concerns for the industry. According to The Internet Association (cited in Shepardson, 2019) the Internet sector contributed approximately 2.1 trillion to the U.S.

AbstractThe healthcare industry is under pressure to improve patient safety, operate more efficiently, reduce medical errors, and provide secure access to timely information while controlling costs, protecting patient privacy, and complying with legal guidelines.

Analysis of information technology industry