Significant growth in the Healthcare industry, bolstered by new technical capabilities and pandemic-induced requirements for remote case solutions, has demonstrated the need for mobile/wireless medical tech systems that can provide ‘anytime, anywhere’ services. Additionally, the acquisition of innovators by larger incumbents and unprecedented capital investments have elevated expectations and requirements for growth within an increasingly competitive landscape. In view of this, medical businesses aim to target significant synergies driven by cross-selling opportunities, geographical expansion, and portfolio innovation.
The client is a leading HealthTech company in the mobile and wireless medical technology industry. The organization is expected to grow double-digits and improve its Adjusted EBITA margin to more than 20% by 2025. With the strategic opportunity to enter as a provider for its parent company, the client recognized the need to adapt and evolve its product offering. It was imperative to integrate its business processes as well as become compliant with internal and external policies, regulations, and laws.
The opportunity for the client to migrate its on-premise platforms to the cloud came when the company made the strategic decision to expand their services to the European Union. Compliance for the EU requires all data to be hosted in the EU, and since establishing a data center in Europe was not an option for the client, AWS was its preferred choice. Amazon cloud computing resources are hosted in multiple locations worldwide. Therefore, the organization built a new environment using AWS’ EU region, triggering the cloud migration of their domestic environment.
AWS services were used to do a lift and shift migration. Encora’s team created a new infrastructure on AWS while maintaining the source code as close to the original as possible. During the second phase of the project, the code will be updated to include more AWS services.
The client partnered with Encora to design its core offering based on insights into the evolving competitive landscape.
AWS enabled the client to build and maintain an environment hosted in the EU, and enabled the company to manage and scale their environment.
AWS brought the following results:
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