25 July 2022 | Company results
Expansion plans involve an investment of $25 million to leverage cloud-based end-to-end digital transformation in the healthcare and pharma sectors for the region
On July 25, 2022, Healthcare Triangle Inc, a leading provider of healthcare and life sciences cloud transformation, managed services, and data analytics platforms, announced its launch in Singapore with a focus to bolster digital healthcare in the city-state and across the Asia Pacific. The launch was officiated in the presence of Guest of Honour P. Kumaran - the High Commissioner of India and other esteemed dignitaries.
Healthcare Triangle Singapore Pte Ltd will invest $25 million in the republic to help healthcare companies scale their digital solutions and innovation in the region. The company’s joint venture expansion into the region is expected to create over 500 jobs in the next five years to bolster the role of Singapore as a medical innovation hub.
“The APAC regional headquarters will be based out of Singapore, an encouraging and supportive place for global businesses. At Healthcare Triangle, innovation and attention to technology are foremost, and this ethos aligns with Singapore’s smart nation drive,” shared Suresh Venkatachari, Chairman and CEO of Healthcare Triangle speaking in Singapore.
Reinforces hospitals, Pharma/Life Sciences deliveries through cloud transformation:
The APAC region’s digital health market is expected to expand to $326.7 billion by 2030 at a CAGR of 26.5 per cent. Owing to the rise of artificial intelligence, IoT, and Big Data in healthcare, and backed by previous experience in developing the healthcare technology industry in the US, Healthcare Triangle is investing in the digitalization of healthcare institutions in APAC by leveraging digital health platforms.
Healthcare Triangle’s proprietary platform solutions, such as CloudEz, DataEz and readbl.ai can help enterprises in their cloud transformation journey.
“We are confident that our platform solutions will elevate Healthcare and Life Sciences businesses with the power to transform and manage their cloud infrastructure across any CSP (Cloud Service Provider) and empower businesses with utmost security and compliance to harness the full potential of their data and thereby speed up their data-driven digital transformation journey,” shared Suresh Venkatachari.
Fostering partnerships to create a more resilient healthcare ecosystem
Healthcare Triangle is focusing on fostering partnerships and collaborations that help create better and more robust digital healthcare solutions.
Healthcare Triangle is HITRUST certified and a premier partner of Amazon Web Services (AWS), Google Cloud (GCP), and Microsoft Azure to provide multi-cloud services to customers. To provide holistic digital health solutions, Healthcare Triangle collaborates with EPIC and Meditech, leading Electronic Health Records (EHR).