The benefits associated with the use of EDI, such as cost reductions and reduced time of transactions, have improved the healthcare market. In a recent report on Healthcare Informatics, the EDI healthcare market is expected to grow at a CAGR of 13.7 percent from 2013 to 2018. And the total value of the EDI market, inclusive of healthcare, is expected to be $1.68 billion by 2018.
So why are there still companies "holding" out on investing in their EDI and integration technology?
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In last week's Remedi blog, Time Change...Time for Change...EDI Modernization, Brad Loetz outlined why companies are hesitant in making the investment in change that is needed when a company upgrades its current, traditional EDI software to the next generation of e-Commerce solutions that are available in the marketplace today. I would like to continue with that theme and expand on the points that Brad made while outlining why to make the change. For this blog, I am going to focus on the four points that Brad outlined as reasons to make the change.
This weekend it is time to spring ahead for many of us...time change. It also usually means spring is just around the corner, but with 6 inches of snow outside the window we in the upper mid-west have our doubts.
This change of time not only means spring is on the way and the approach of another season, but it also means at least a weeks worth of resetting our internal clock...dragging out of bed and into work, and out of work to home, and then to bed. Each season we change time it requires that we change our routine a bit to get rid of the fog associated with the process since the status quo is disrupted somewhat.
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Have you had a critical opening in your Integration department for weeks, months or perhaps over a year that you were struggling to secure the proper EDI skill set and expertise? If so, your predicament is not uncommon in today’s marketplace.
In my article archive, I found a blog post by Steve Keifer of OpenText | GXS from a few years back entitled The End Of Mapping (In B2B Integration). Mr. Keifer states that maps are the most costly and most important part of a B2B Integration project. He goes on to say that with all the artificial intelligence technology that already exists, we should be able to eliminate traditional maps and automatically map data based on intelligence and historical data.
