Vendor Analysis 2004: IDX Systems Corp.

TekPlus
April 4, 2004
10 Pages - SKU: TEK975808
License type:
Vendor Analysis 2004: IDX Systems Corp.

 
IDX Systems Corporation is one of the largest providers of information and management systems to large group practices in the U.S. Recently it has also won some NHS LSP contracts in England reputed to be worth nearly 1 billion dollars over ten years. IDX should keep this momentum going to generate more revenues. It has a good partnering strategy in place and needs to do more to expand its eco-systems for global coverage. ‘Globalisation’ will be a key factor for success and IDX needs to expand to more countries to get the benefit of a rapidly growing healthcare-IT market. IDX also has a strong portfolio of products all currently aimed at the sweet spots of the market. The company needs to leverage this portfolio and solidify its product line up. The company also needs to expand more into services.

TekPlus Points: +1

Note: TekPlus Points state the current opinion of the vendor as viewed by TekPlus. TekPlus experts take a number of parameters into account when analysing a vendor and its position in the competitive landscape going forward. The scale of the points are as follows; +3 : Extremely Solid Position, +2 : Solid Position, +1 : Promising Position, 0 : Weak Position and -1 : Very Weak Position.