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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Earlier in the week one of our consultant Blog authors addressed the issue of Integration and EDI Disaster Recovery Plans (DRPs) and testing those plans in a simulated outage...Necessary Evils: EDI Disaster Recovery.
The article struck a cord with many and prompted some discussion among our followers and here internally. The discussion topics resulting from the Blog included...
It’s that time of the year once again where people start thinking about their taxes. Not a pleasant activity but a necessary one. This brings to mind an annual event that my client undertakes but in my opinion is like doing your taxes, not a whole lot of fun. I’m talking about the annual disaster recovery test (DRT).
For those of you that have ever been part of a DRT you know what I mean! It’s a process that may seem like a waste of time if it never gets used but well worth the time if you do need to execute it.
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When Remedi started as a business twenty years ago, our focus was solely on EDI - integrating data from/to a trading partner from/to a company's business software. EDI software basically did what data integration software does today, but on a limited basis and it was strictly business-to-business. As companies began choosing software packages instead of developing applications in-house, the need for internal data integration grew and software developers answered the need with, what was then called, middleware. These days integration software satisfies the needs of business-to-business and application-to-application data exchange.
Having contingency plans and redundancy in business is key to ensuring you have the inputs, production, and delivery mechanisms necessary to satify customer product or service demands. This holds true for businesses of all sizes and reach, local or global. The bigger the reach, or more complex the business, the more critical having these plans become.
This also holds true for the business, data, and EDI integration responsibilities we have to our organizations.
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