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Data & AI
Market Narratives
Healthcare CIO Budgets and Investment Priorities 2024
Feb 25, 2025
This presentation explores the IT budgets and investment priorities for healthcare CIOs in 2024, focusing on infrastructure, legacy system modernisation, data governance, security, and hybrid cloud strategies.
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This presentation explores the IT budgets and investment priorities for healthcare CIOs in 2024, focusing on infrastructure, legacy system modernisation, data governance, security, and hybrid cloud strategies. Healthcare organisations are prioritising robust infrastructure, modernisation of outdated systems, and enhanced data security to improve patient care and operational efficiency.
Core Insights:
Investment in infrastructure
- Healthcare CIOs are allocating a significant portion of their IT budgets to in-house infrastructure, recognising the need to support patient care and critical operations.
- Hybrid cloud strategies are being adopted to complement in-house infrastructure, offering enhanced flexibility and scalability while maintaining control over sensitive health data.
Legacy system modernisation
- The modernisation of legacy systems is critical to mitigate security vulnerabilities and ensure compliance with regulations, particularly around patient data protection.
- Although legacy vulnerabilities pose risks, healthcare organisations are investing cautiously in remediation, with less than 10% of budgets allocated…