Cerner Corporation (CERN) |
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Cerner's Comment on Competitors and Industry Peers
The market for HCIT solutions, devices and services is intensely competitive,
rapidly evolving and subject to rapid technological change. Our principal competitors
in the health care solutions and services market include, but are not limited
to: Allscripts Healthcare Solutions, Inc. (Allscripts), Computer Programs and
Systems, Inc. (CPSI), Epic Systems Corporation (Epic), GE Healthcare Technologies
(GE), Healthcare Management Systems, Inc. (HMS), Healthland, Inc., Computer Sciences
Corporation (iSoft), McKesson Corporation (McKesson), Medical Information Technology,
Inc. (Meditech), Siemens Medical Solutions Health Services Corporation (Siemens),
and Quadramed Corporation (Quadramed), each of which offers a suite of software
solutions that compete with many of our software solutions and services.
Other competitors focus on only a portion of the market that we address. For
example, competitors, without limitation, such as Accenture plc, Clinovations,
Inc., Dell, Inc. (Dell), Deloitte Consulting LLP (Deloitte), Encore Health Resources,
LLC, IBM Corporation, Leidos Holding, Inc. and Xerox Corporation Ltd. offer
HCIT services that compete directly with some of our service offerings. Allscripts,
AmazingCharts.com, Inc., Athenahealth, Inc., eClinicalWorks LLC, e-MDs, Inc.,
MED3000, Inc., Practice Fusion, Inc., Quality Systems, Inc., SRSsoft and Vitera
Healthcare Solutions offer solutions to the physician practice market but do
not currently have a significant presence in the health systems and independent
hospital market.
Cerner partners with third parties as a reseller of devices and markets its
own competing proprietary health care devices. We view our principal competitors
in the health care device market to include, without limitation: API Healthcare,
CapsuleTech, Inc., CareFusion Corporation, GE, iSirona, LLC, McKesson and Omnicell,
Inc. We view our principal competitors in the health care revenue cycle transactions
market to include, without limitation: Accretive Health, Inc., Allscripts, Confier
Health Solutions, Dell, Deloitte, Emdeon Corporation, Epic, GE, McKesson, MedAssets,
Inc., Meditech, Optum, Inc., Quadramed, Siemens, SSI Group, Inc. and 3M Company
with almost all of these competitors being substantially larger or having more
experience and market share than us in their respective markets.
In addition, we expect that major software information systems companies, large
information technology consulting service providers and system integrators,
start-up companies, managed care companies and others specializing in the health
care industry may offer competitive software solutions, devices or services.
The pace of change in the HCIT market is rapid and there are frequent new software
solutions, devices or services introductions, enhancements and evolving industry
standards and requirements. We believe that the principal competitive factors
in this market include the breadth and quality of solution and service offerings,
the stability of the solution provider, the features and capabilities of the
information systems and devices, the ongoing support for the systems and devices
and the potential for enhancements and future compatible software solutions
and devices.
Overall company Market Share Q1 2022 |
*Market share is calculated based on total revenue.
Who are Cerner Corporation's Competitors?
Unisys Corp Share Performance
-10.48%
This Quarter
|
Unisys Corp
Profile
Unisys Corp is a global technology company that offers a diverse range of solutions and services focused on digital transformation, cloud infrastructure, cybersecurity, and application services. They provide expertise and integrated solutions tailored to meet the specific needs of their clients to help them achieve their business objectives and navigate the complexities of modern IT environments.
More about Unisys Corp's Market Share
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International Business Machines Corporation Share Performance
+18.14%
This Year
|
International Business Machines Corporation
Profile
IBM's business model is based on providing a wide range of technology products and services to businesses worldwide. They offer solutions in areas such as software, hardware, cloud computing, artificial intelligence, and consulting services. IBM aims to help organizations improve efficiency, innovate, and achieve their digital transformation goals.
More about International Business Machines Corporation's Market Share
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Ncr Voyix Corporation Share Performance
-4.20%
Over The Past 5 Days
|
Ncr Voyix Corporation
Profile
Ncr Voyix Corporation's business model focuses on providing innovative software solutions to improve efficiency and streamline various business processes.
More about Ncr Voyix Corporation's Market Share
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Teradata Corporation Share Performance
+2.96%
Over The Past 5 Days
|
Teradata Corporation
Profile
Teradata Corporation's business model revolves around providing data management and analytics solutions to help enterprises gather, organize, and analyze their data for better decision-making and improved business outcomes.
More about Teradata Corporation's Market Share
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Hp inc Share Performance
+4.47%
30 Days
|
Hp inc
Profile
HP Inc. operates as a provider of personal computers, printers, and related services. Its business model focuses on the production and distribution of hardware devices, as well as offering support and maintenance services to customers.
More about Hp inc 's Market Share
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Mckesson Corporation Share Performance
+3.91%
30 Days
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Mckesson Corporation
Profile
Mckesson Corporation's business model revolves around healthcare distribution and technology solutions. They focus on providing pharmaceuticals, medical supplies, and business services to pharmacies, hospitals, and healthcare providers.
More about Mckesson Corporation's Market Share
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Cognizant Technology Solutions Corporation Share Performance
-6.97%
30 Days
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Cognizant Technology Solutions Corporation
Profile
Cognizant Technology Solutions Corporation is a multinational technology company that primarily operates as an IT services provider. Their business model revolves around offering a wide range of consulting and outsourcing services to clients across various industries, helping them improve performance and efficiency through innovative technology solutions. Cognizant also focuses on forming long-term partnerships and leveraging their global delivery network to deliver cost-effective services.
More about Cognizant Technology Solutions Corporation's Market Share
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Sai tech Global Corporation Share Performance
-1.32%
This Quarter
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Sai tech Global Corporation
Profile
Sai Tech Global Corporation operates under a business model focused on providing IT solutions and services to a diverse range of clients. The company offers comprehensive technology solutions, including software development, system integration, and IT consulting, tailored to meet the specific needs and objectives of each client. Leveraging their expertise and experience in the industry, Sai Tech Global Corporation aims to deliver innovative and reliable IT solutions that drive business growth and efficiency.
More about Sai tech Global Corporation's Market Share
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Dell Technologies Inc Share Performance
-2.07%
Over The Past 5 Days
|
Dell Technologies Inc
Profile
Dell Technologies Inc operates as a multinational technology corporation that provides hardware, software, and IT solutions to businesses and individuals worldwide.
More about Dell Technologies Inc 's Market Share
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Leidos Holdings Inc Share Performance
+1.08%
Over The Past 5 Days
|
Leidos Holdings Inc
Profile
Leidos Holdings Inc operates as a technology company that provides scientific, engineering, and technical solutions to customers in the defense, intelligence, civil, and health markets. Their business model revolves around leveraging their expertise and resources to deliver innovative solutions and services that address complex challenges faced by their clients. They focus on building long-term partnerships and delivering superior value through their diverse capabilities and global presence.
More about Leidos Holdings Inc 's Market Share
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Accenture Plc Share Performance
+23.98%
One Year
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Accenture Plc
Profile
Accenture Plc's business model centers around providing consulting, technology, and outsourcing services to a wide range of industries. They focus on helping clients improve their performance, drive innovation, and enhance their digital capabilities.
More about Accenture Plc's Market Share
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Willdan Group inc Share Performance
+95.66%
One Year
|
Willdan Group inc
Profile
Willdan Group Inc operates as a professional services provider, offering a diverse range of consulting and technical services to various industries.
More about Willdan Group inc 's Market Share
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Kyndryl Holdings Inc Share Performance
+6.38%
This Year
|
Kyndryl Holdings Inc
Profile
Kyndryl Holdings Inc's business model involves providing innovative and transformative IT services and solutions to clients globally, with a strong focus on helping organizations navigate complex digital transformations and optimize their operations.
More about Kyndryl Holdings Inc's Market Share
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Aspen Technology inc Share Performance
+0.94%
Over The Past 5 Days
|
Aspen Technology inc
Profile
Aspen Technology Inc operates on a software-centric business model, offering advanced analytics and automation solutions to various industries including energy, chemicals, engineering, and pharma. The company primarily generates revenue through the sale of licenses, maintenance, and customer support services for their software products. By leveraging their expertise in process optimization and data analytics, Aspen Technology aims to help clients achieve operational excellence, improve efficiency, and maximize profitability.
More about Aspen Technology inc 's Market Share
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Benefitfocus Inc Share Performance
+74.42%
This Quarter
|
Benefitfocus Inc
Profile
Benefitfocus Inc is a technology company that provides cloud-based software solutions for managing employee benefits and insurance.
More about Benefitfocus Inc 's Market Share
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Allscripts Healthcare Solutions Inc Share Performance
0.00%
Over The Past 5 Days
|
Allscripts Healthcare Solutions Inc
Profile
Allscripts Healthcare Solutions Inc is a leading provider of healthcare information technology solutions. They offer a broad range of software, hardware, and services to help healthcare organizations streamline their workflows, enhance patient care, and improve clinical and financial outcomes. By focusing on technological innovation and customer-centric approach, Allscripts aims to empower healthcare professionals and transform the delivery of care.
More about Allscripts Healthcare Solutions Inc 's Market Share
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Kallo Inc. Share Performance
-61.50%
One Year
|
Kallo Inc.
Profile
Kallo Inc. operates on a business model that focuses on providing integrated healthcare solutions. They offer a range of services including telehealth, electronic medical record management, and healthcare staffing solutions. The company leverages technology to streamline healthcare delivery and improve patient outcomes while catering to the needs of healthcare providers and organizations.
More about Kallo Inc.'s Market Share
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Medical Information Technology Inc Share Performance
0.00%
This Year
|
Medical Information Technology Inc
Profile
Medical Information Technology Inc (Meditech) is a healthcare technology company that offers integrated electronic health record (EHR) solutions for hospitals and healthcare organizations. Their business model focuses on designing and developing software solutions that streamline clinical workflows, improve patient care, and enhance operational efficiency. Meditech earns revenue by selling their EHR software licenses, along with ongoing maintenance and support services.
More about Medical Information Technology Inc 's Market Share
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Carecloud Inc Share Performance
-14.07%
30 Days
|
Carecloud Inc
Profile
CareCloud Inc is a healthcare technology company that provides cloud-based solutions for medical practices. Their business model revolves around offering a comprehensive platform that integrates electronic health records (EHR), practice management systems, and revenue cycle management tools. By streamlining administrative tasks, improving patient engagement, and optimizing financial performance, CareCloud aims to enhance the efficiency and profitability of medical practices.
More about Carecloud Inc 's Market Share
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Osi Systems inc Share Performance
+8.45%
This Year
|
Osi Systems inc
Profile
OSI Systems Inc is a diversified company engaged in providing security solutions, healthcare systems, and optoelectronic technologies. They generate revenue by offering services and products such as screening and inspection systems, patient monitoring systems, and fiber optic sensors. The company's business model centers around delivering innovative and reliable solutions to various sectors, ensuring safety, efficiency, and enhanced capabilities.
More about Osi Systems inc 's Market Share
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Infosys Limited Share Performance
-1.83%
This Year
|
Infosys Limited
Profile
is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients around the world to create and execute strategies for their digital transformation
More about Infosys Limited's Market Share
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Definitive Healthcare Corp Share Performance
-23.35%
This Year
|
Definitive Healthcare Corp
Profile
Definitive Healthcare Corp operates as a provider of data and analytics for the healthcare industry. Their business model is centered around collecting and aggregating vast amounts of healthcare data from various sources, including hospitals, physicians, and other healthcare organizations. They then analyze and transform this data into meaningful insights and reports, which they sell to clients such as healthcare providers, insurance companies, and pharmaceutical companies to aid in decision-making and strategic planning.
More about Definitive Healthcare Corp 's Market Share
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