Patient Safety And Risk Management Software Market Size Worth $3.1 Billion By 2027: Grand View Research, Inc.
SAN FRANCISCO, Oct. 14, 2020 /PRNewswire/ — The global patient safety and risk management software market size is expected to reach USD 3.1 billion by 2027, expanding at a CAGR of 11.0%, according to a new report by Grand View Research, Inc. The increasing need for efficient patient safety and risk assessment solutions to increase the efficiency of the healthcare providers and rising government initiatives to promote healthcare IT and improve the healthcare infrastructure are the key factors driving the market growth. Furthermore, the increasing occurrence of cyber-attacks on electronic health records is expected to boost the revenue growth of this market over the forecast period.
Key suggestions from the report:
- The increasing incidence of medical errors is expected to be the major factor driving the market
- The risk management and safety solutions segment dominated the market with a revenue share of 67.4% in 2019, owing to the development of the solutions to effectively monitor patient safety
- The Asia Pacific dominated the market and accounted for the largest revenue share of 12.5% in 2019, owing to the increasing patient population and increased adoption of technology in healthcare facilities.
Read 90 page research report with ToC on “Patient Safety And Risk Management Software Market Size, Share & Trends Analysis Report By Software Type, By End User (Hospitals, Ambulatory Care Centers, Long-term Care Centers), By Region, And Segment Forecasts, 2020 – 2027 ” at: https://www.grandviewresearch.com/industry-analysis/patient-safety-risk-management-software-market
Based on software type, the risk management and safety solutions segment dominated the market and accounted for the largest revenue share of 67.4% in 2019. One of the key factors contributing to the increase in demand for such solutions is to monitor the safety of patients and improve organizational growth, therefore waiving off risk factors. On the other hand, the governance, risk, and compliance
GAP shoppers claim they were able to order hundreds of pounds worth of clothes for free due to a website glitch.
Instead of paying full price on items, an error on the Gap website saw customers only charged a £4 delivery fee.
The glitch was reported on deals website Hotukdeals with customers sharing screengrabs of their orders.
One customer said they placed an order for £60 while only paying postage, while another shopper said they ordered £85 worth of clothes.
Separately, one person said the glitch worked on orders up to £200, although another customer said they ordered £214 worth of goods.
But some shoppers were quick to shame other people for taking advantage of the deal when the retail industry is struggling.
The high street has been under threat from mass job cuts and store closures after non-essential businesses were ordered to close for three months to help stop the spread of coronavirus.
Dire figures published in August 2020 showed 43,000 retail jobs had been axed since the start of lockdown with more roles feared to go when the furlough scheme ends this month.
In June 2020, Gap said it’s lost almost £1billion since the start of lockdown.
The company reported a loss of £740million in the three months to May, compared with a profit of £203million in the same period last year.
One person said: “Does anyone understand what is happening in the world companies going under people not having jobs? I am sorry but this is not the time to take
Minutes ago as of this article’s writing, leading financial technology company Square
As of the end of the second quarter of 2020, $50 million represents around one percent of Square’s total assets. The company currently has $2.69 billion worth of cash, data from Yahoo Finance shows.
Square’s Chief Financial Officer, Amrita Ahuja, made the following comment on the news:
“We believe that bitcoin has the potential to be a more ubiquitous currency in the future. As it grows in adoption, we intend to learn and participate in a disciplined way. For a company that is building products based on a more inclusive future, this investment is a step on that journey.”
This wasn’t exactly unexpected: Jack Dorsey, CEO of both Square and Twitter, has long been a supporter of Bitcoin. He has branded the leading cryptocurrency the most likely asset to become the “internet’s native currency.”
Square itself has also long been a supporter of Bitcoin. Since the last cryptocurrency bull market, Square’s Cash App has allowed users to purchase and sell BTC within the application.
The fintech company also has a branch called Square Crypto, which supports development in the Bitcoin space by directly hiring and distributing grants to programmers and designers. At the start of this year, Square Crypto rolled out a Lightning Development Kit to ease the integration of the Lightning Network technology into wallets and other services.
Following MicroStrategy’s Lead
Square’s decision to deploy $50 million into Bitcoin comes after MicroStrategy, an American business services company, made a similar move in August and early in September.
In a move led
Despite an ongoing pandemic and the U.S. economy barely limping along, the Nasdaq is still trading more than 50% above its March lows. The surge in tech stocks in 2020 has understandably led investors to draw comparisons to the dot-com bubble in 2000.
The Nasdaq ultimately peaked at 5,048.62 on March 10, 2000. Of course, some dot-com bubble stocks have performed much better than others in the 20 years since the bubble burst.
FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.
The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000:
Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000.
Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion.
Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000.
Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000.
Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.
Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.
See Also: 5 Ways Today’s Market Resembles The Dot-Com Bubble
Dot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares
Bitcoin has had a strong start to the decade, adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.
The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on a roller coaster through 2020, crashing to under $4,000 in March before rebounding to well over $10,000.
With a raft of established investors turning to bitcoin this year as a potential hedge against the inflation they see coming as a result of unprecedented government spending and money-printing, a prominent investor in electric car-maker Tesla
“Bitcoin offers one of the most compelling risk-reward profiles among assets, as our analysis suggests it should scale from roughly $200 billion today to $1-5 trillion network capitalization during the next five to ten years,” Ark Invest’s director of research, Yassine Elmandjra, wrote in a report out last month, adding that investors shouldn’t ignore bitcoin as an asset class.
Ark is best known for its wildly optimistic price target for Tesla—a bet that has somewhat paid off this year as the Tesla price increased fourfold.
Bitcoin was by far the best performing asset of the last decade, with its price increasing from almost zero to highs of around $20,000 per bitcoin token in late 2017 before falling back somewhat. But, despite this massive run, Ark remains very bullish on bitcoin.
“Our analysis suggests bitcoin is early on its