Technology is transforming the healthcare, finance, and legal sectors. This transformation is driven by demands such as transaction efficiency, automation, consumerization, and improving patient outcomes.
Although healthcare providers are notoriously cautious when it comes to the adoption of new technology and for the legal world, transformative technology is a relatively new concept, both industries have seen a jump in tech companies attracting investment — particularly those that automate mundane, labor-intensive tasks.
A new report looks back on some of the notable tech M&A deals and initial public offerings that punctuated the worlds of healthcare and biotech, legal, finance, and cybersecurity in 2018 and the outlook for those deals this year.
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Although a focus on this wide array of industries in one report may seem odd at first blush, these sectors intersect in several key ways through emerging technology (e.g., AI and machine learning). A look at the factors driving innovation, motivating tech acquisitions, and propelling IPOs reveals more crossover among sectors than initially meets the eye.
To download the report, click on this link.