The healthcare middleware market is projected to grow from USD 2.99 billion in 2022 to USD 6.76 billion by 2031, driven by advancements in big data analytics and cloud-based solutions. Key developments include partnerships between Microsoft and Epic to enhance AI integration, and Oracle's updates to improve patient care and reduce costs. North America leads in market share, while the Asia Pacific region is expected to experience the highest growth rate.
IBM shares fell 3% after the company reported third-quarter earnings that missed revenue expectations, with total revenue at $14.97 billion against a $15.07 billion forecast. The firm experienced a net loss of $330 million, attributed to a pension settlement charge, despite a 1.5% year-over-year revenue increase. Consulting revenue declined slightly, while software revenue rose 10%, bolstered by a 14% increase from Red Hat.
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