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Cerner Corporation  (CERN)
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Cerner's

Competitiveness


 

CERN Sales vs. its Competitors Q1 2022



Comparing the current results to its competitors, Cerner reported Revenue increase in the 1 quarter 2022 by 3.03 % year on year.
The revenue growth was below Cerner's competitors' average revenue growth of 23.75 %, achieved in the same quarter.

List of CERN Competitors

With a net margin of 14.42 % Cerner achieved higher profitability than its competitors.

More on CERN Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Cerner CorporationNet Income in the 1 quarter 2022 grew year on year by 19.67%, slower than its competitors' income growth of 24.51 %

<<  CERN Stock Performance Comparisons


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

Overall company revenue, grew less, than total company revenues, at 3.03 % and company approximately market share, declined to 0.84 %.
<<  More on CERN Market Share.
 
*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

Market Cap. Revenues TTM Net Income TTM
$ 344.014 mill. $ 2,015.400 mill. $ -427.100 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 175,845.405 mill. $ 61,860.000 mill. $ 7,502.000 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 1,765.849 mill. $ - mill. $ -423.000 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 4,001.541 mill. $ 1,833.000 mill. $ 62.000 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 30,180.240 mill. $ 53,075.000 mill. $ 3,398.000 mill.


Mckesson Corporation
Share Performance



+3.91%
30 Days



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

Market Cap. Revenues TTM Net Income TTM
$ 71,883.358 mill. $ 301,506.000 mill. $ 3,156.000 mill.


Cognizant Technology Solutions Corporation
Share Performance



-6.97%
30 Days



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

Market Cap. Revenues TTM Net Income TTM
$ 37,177.226 mill. $ 19,353.000 mill. $ 2,126.000 mill.


Sai tech Global Corporation
Share Performance



-1.32%
This Quarter



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

Market Cap. Revenues TTM Net Income TTM
$ 21.532 mill. $ 10.638 mill. $ -8.845 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 89,464.900 mill. $ 102,301.000 mill. $ 2,422.000 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 18,039.903 mill. $ 15,438.000 mill. $ 208.000 mill.


Accenture Plc
Share Performance



+23.98%
One Year



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

Market Cap. Revenues TTM Net Income TTM
$ 217,109.847 mill. $ 64,573.602 mill. $ 7,038.468 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 399.892 mill. $ 509.767 mill. $ 10.926 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 4,901.960 mill. $ 16,458.000 mill. $ -1,032.000 mill.


Bentley Systems Incorporated
Share Performance



+0.59%
Over The Past 5 Days



Bentley Systems Incorporated
Profile

is a leading global provider of software for infrastructure engineering

More about Bentley Systems Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 16,695.548 mill. $ 1,228.330 mill. $ 326.787 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 12,857.006 mill. $ 1,055.638 mill. $ -86.344 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 359.934 mill. $ 249.106 mill. $ -18.422 mill.


Trubridge Inc
Share Performance



0.00%
30 Days



Trubridge Inc
Profile



More about Trubridge Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 132.134 mill. $ 339.435 mill. $ -45.789 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 6.508 mill. $ 837.191 mill. $ 60.634 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ - mill. $ -0.706 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 511.504 mill. $ 71.821 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 18.282 mill. $ 121.177 mill. $ -4.483 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 2,419.512 mill. $ 1,364.888 mill. $ 113.621 mill.


Health Catalyst Inc
Share Performance



-16.87%
This Quarter



Health Catalyst Inc
Profile

is a leading provider of data and analytics technology and services to healthcare organizations

More about Health Catalyst Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 423.407 mill. $ 295.938 mill. $ -0.356 mill.


Genpact Limited
Share Performance



-7.90%
30 Days



Genpact Limited
Profile

is a global professional services firm that makes business transformation real

More about Genpact Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,064.491 mill. $ 4,476.665 mill. $ 631.255 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 74,332.226 mill. $ 18,212.000 mill. $ 2,983.000 mill.


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

Market Cap. Revenues TTM Net Income TTM
$ 891.024 mill. $ 246.082 mill. $ -237.540 mill.


Premier Inc
Share Performance



+0.51%
Over The Past 5 Days



Premier Inc
Profile

is a leading healthcare improvement company

More about Premier Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,592.031 mill. $ 1,314.655 mill. $ 162.830 mill.


Evolent Health Inc
Share Performance



+5.21%
This Quarter



Evolent Health Inc
Profile

is a market leader in the new era of value-based care

More about Evolent Health Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,570.948 mill. $ 1,963.896 mill. $ -113.040 mill.



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