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Almost Unlimited StorageStoring information in the cloud gives you almost unlimited storage capacity.
Inovalon (NASDAQ:INOV), a cloud based data analytics firm based out of Maryland, is set to go forward with their initial public offering this Thursday. Inovalon’s technology allows the entire healthcare industry, including hospitals, health plans, doctors, pharmaceutical companies and researchers to improve clinical and quality outcomes as well as financial performance. Healthcare spending in America has reached $3 trillion dollars in 2012, representing more than 17% of total GDP. Transition to a value based payment model (where an organization is responsible for the healthcare of a group of patients) incentivizes cost reductions and adds value at the patient level. The amount of digitized healthcare information created on a daily basis is growing at an exponential rate.
As technology, treatment, diagnostic methods and the regulatory framework are becoming increasingly complex; the need for data analysis will continue to grow.
Inovalon revenues have grown 17.5% to $271 million in the last nine months ended September 30th 2014 from $231 million for the same period one year ago.
Inovalon’s operating income jumped an impressive 94% to $85.9 million for the nine months in 2014.
Compared to the industry average, Inovalon finds itself in very favorable position in terms of liquidity and ability to cover its short term debt.
In terms of growth strategies for the future, management intends to increase the type of services delivered to existing clients and leverage the networking effect with long tenured customers to expand client base.
About Us Last Financier is a premier publisher of original investment ideas and profit-driven business insights. It’s easy to focus on the sales process – converting potential customers into paying customers – but too much focus on pricing, salesmanship and negotiation can be distracting. Analyse which customers are the most profitable and loyal; concentrate on selling to them and other clients like them. Check out Oblique Marketing Strategies, the MarketingProfs website and Seth Godin’s blog for new marketing ideas.
Potential customers are far more likely to believe people like themselves than someone (like you) who has something to sell so use case studies, customer references, reviews and endorsements.
If you want to be understood, avoid using hype, cliches, passive sentences, jargon, acronyms, long words, long sentences and long paragraphs.
Whether you run them in a shop window or use them to close multi-million pound deals, presentations are an important way to communicate. Microsoft adCenter lets you put adverts in front of millions of UK customers right at the point when they are searching for products and services like yours. Use customer relationship management software, such as Microsoft Outlook with Business Contact Manager, to keep track of all your leads, customers and opportunities. Wherever possible, use checklists, templates and automated processes to speed up customer responses and reduce your workload.
You don’t need an expensive PR agency to call up newspapers and magazines who might be interested in your story; especially if you have something new or interesting to say. About UsBCW (Business Computing World) is a leading point of communications between business technology leaders and their audiences.
Our help desk is staffed around the clock to make sure you get help exactly when you need it.

Eliminate the time consuming distractions that reduce productivity by fixing problems in minutes instead of hours. Industry experts believe that this trend will only continue to grow and develop even further in the coming few years.
Hence, you no more need to worry about running out of storage space or increasing your current storage space availability.  Backup and RecoverySince all your data is stored in the cloud, backing it up and restoring the same is relatively much easier than storing the same on a physical device. The health and technology firm is expected to raise $690 million through the issuance of 25.55 million shares.
This figure is expected to increase to 22% of GDP by 2039, according to the congressional budget office. This shift is expected to increase focus on analyzing, reporting, optimizing, accuracy and quality, all of which will benefit Inovalon. From patient records, to lab results, to hospital billing information, it is becoming paramount for the healthcare industry to utilize these databases in order to increase quality of care and efficiency. By company estimates, INOV is on pace to end the year with $362 million in sales, top line growth of 22%. This increase has been attributed to the top line growth, mentioned above, as well as significant cost reductions.
For the first 9 months of 2014, Inovalon achieved the highest operating margin since 2011, at 32%, and a net income margin peaking at 19%. Not only would INOV be considerably cheaper than both competitors in terms of sales, EBITDA and earnings, but would also sporting a much higher operating and profit margin. With a return on asset of 21% compared to an industry average 5.6%, INOV’s excess cash is in no way detrimental to its profitability. The company will continue to innovate into new technologies that will accelerate big data processing on their existing platforms. Through our research we help to inform, educate and empower individual traders and investors. They usually wear them toRead More   Natural Hair Care TipsTaking care of hair is too necessary for all hair types. If you can express your product or service’s benefits as a story, you can communicate it more clearly. Find ways to build stronger relationships with customers using customer relationship management (CRM) software, such as Microsoft Outlook with Business Contact Manager or Microsoft Dynamics CRM (for larger companies). Sometimes, you just have to ask but also consider ‘customer get customer’ incentives and other ways to get more referrals.
For example, you can use a proposal template in Microsoft Word and a checklist to make sure you have filled in all the relevant details.
If they left because they were unhappy, you get a chance to put things right and win them back or learn how to improve your business.
Raise your profile online, learn how to give a good press interview and improve your press releases. Look for ways to increase the size of each customer’s purchase; perhaps by offering a discount on additional products. It provides knowledge sharing and networking opportunities to help business technology leaders be more effective in communicating analysis and insight on information technology trends, to help the understanding of IT's role in achieving business goals.
They can guide you through your problem or take care of it on their own using remote access, which means no more wasted time trying to solve IT problems. While cloud computing is undoubtedly beneficial for mid-size to large companies, it is not without its downsides, especially for smaller businesses. Furthermore, most cloud service providers are usually competent enough to handle recovery of information. This valuation surpasses their initial $500 million offering which was filed on December 30th 2014. These high costs are thought to be unsustainable and as a result, the healthcare market will be seeking out more effective and efficient ways of providing care.
The number of patients using capitated payments is expected to increase 88% to 150 million in four years.

Historically, Inovalon has demonstrated the ability to increase growth rate except for 2012-2013, when sales shrank by 1.5% due to a client deciding to discontinue arrangement.
The company has made an effort to increase operational efficiency through automation and implementation of new technologies that standardize their services. These numbers are expected to continue to improve as the company’s revenue mix leans towards data analytics (up to 58% of revenues) and efficiency initiatives gain more traction. As a result, customers will experience complex calculation speeds that are ten times as fast as competitors.
If you get your marketing right, you’ll find it easier to grow your business, convert sales and protect your margins.
Four out of five customers are good but there are always a few customers that take a lot of work, demand low prices and then complain.
Hence, this makes the entire process of backup and recovery much simpler than other traditional methods of data storage. 7 Best Cloud Service Providers of 2013 Automatic Software IntegrationIn the cloud, software integration is usually something that occurs automatically.
With medical costs in the United States at an all-time high and the increasing importance of data and information analysis in the healthcare industry, the stage is set; Inovalon has a substantial opportunity before them. As a result, EBITDA is being estimated at $133 million and Net income at $66 million for the year ended December 31 2014, representing an 85% and 99% increase respectively from the prior year. Management has also remained open to the idea of expanding their offering through acquisitions, including internationally. Fueled by the direction of the data and health care landscape, possible global expansion, cross-selling and growing their client base, INOV is showing no signs of slowing down.
This means that you do not need to take additional efforts to customize and integrate your applications as per your preferences.
Inovalon believes the company can replicate their domestic success in foreign countries facing the same dilemma of surging medical costs. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud, on the other hand, is available at much cheaper rates and hence, can significantly lower the company’s IT expenses.
Hence, you can handpick just those services and software applications that you think will best suit your particular enterprise.  Easy Access to InformationOnce you register yourself in the cloud, you can access the information from anywhere, where there is an Internet connection.
After all, this is a growth company that is in two of the hottest sectors, cloud computing and healthcare. Once you opt for this method of functioning, your entire system can be fully functional in a matter of a few minutes. Of course, the amount of time taken here will depend on the exact kind of technology that you need for your business. Disadvantages of Cloud ComputingIn spite of its many benefits, as mentioned above, cloud computing also has its disadvantages. Businesses, especially smaller ones, need to be aware of these cons before going in for this technology.The Risks Involved in Cloud Computing Technical IssuesThough it is true that information and data on the cloud can be accessed anytime and from anywhere at all, there are times when this system can have some serious dysfunction.
You should be aware of the fact that this technology is always prone to outages and other technical issues.
Even the best cloud service providers run into this kind of trouble, in spite of keeping up high standards of maintenance. Besides, you will need a very good Internet connection to be logged onto the server at all times. You will invariably be stuck in case of network and connectivity problems.  Security in the CloudThe other major issue while in the cloud is that of security issues.
Before adopting this technology, you should know that you will be surrendering all your company’s sensitive information to a third-party cloud service provider. As you are well aware, nothing on the Internet is completely secure and hence, there is always the lurking possibility of stealth of sensitive data. In ConclusionLike everything else, cloud computing too has its pros and cons.

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