CitiusTech, a major provider of healthcare technology services and solutions, announced today that it has been named as a “Leader” in Everest Group’s Healthcare IT Services Specialists PEAK Matrix® Assessment 2021.
CitiusTech is positioned as a “Leader” due to its ability to drive transformational change across the healthcare value chain including payers, providers, life sciences and healthcare technology companies. Everest Group cited focus on delivering next-gen digital solutions, deep healthcare domain expertise and strong technology partnerships with Microsoft, IBM, AWS and GCP as key areas of strength.
“Our Leader positioning in Everest Group’s Peak Matrix Assessment 2021 is a testament to our strong focus on digital innovation and years of continuous investment in next-gen technology and healthcare domain expertise,” said Vinil Menon, CTO of CitiusTech. “We will continue to invest in future ready solutions, products and talent so we can consistently deliver higher value to our customers to enable better care and outcomes.”
“The move to new sourcing models has led to an increase in the role and influence of specialists within enterprises' portfolios,” said Chunky Satija, Practice Director at Everest Group. “While large service providers still dominate the services industry, these specialists have been able to carve out a niche for themselves, due to their superior domain expertise, quality of talent, and client intimacy. CitiusTech, with its extensive suite of IP and accelerators and strategic partnerships and reseller relationships with big-tech players, including AWS, GCP, IBM, Microsoft and Salesforce, has positioned itself as a modernization partner for healthcare enterprises. In addition, CitiusTech’s acquisition of FluidEdge Consulting, accompanied by healthcare domain expertise and presence across provider and payer segments, enabled it to be positioned as a Leader in Everest Group’s Healthcare IT Services Specialists PEAK Matrix® Assessment 2021."
The report evaluated digital service capabilities of 12 companies in the healthcare technology and consulting sector and mapped them on the Everest Group PEAK Matrix®, providing a data-driven comparative analysis of specialized healthcare IT digital service providers based on market success and delivery capability. It also observed that in a space dominated by global technology service providers such as Accenture, Cognizant and TCS, specialists like CitiusTech have been able to carve out a niche for themselves and gain market share through superior domain expertise, high quality talent and greater client intimacy.