Patient Safety And Risk Management Software Market Size Worth $3.1 Billion By 2027: Grand View Research, Inc.

SAN FRANCISCO, Oct. 14, 2020 /PRNewswire/ —  The global patient safety and risk management software market size is expected to reach USD 3.1 billion by 2027, expanding at a CAGR of 11.0%, according to a new report by Grand View Research, Inc. The increasing need for efficient patient safety and risk assessment solutions to increase the efficiency of the healthcare providers and rising government initiatives to promote healthcare IT and improve the healthcare infrastructure are the key factors driving the market growth. Furthermore, the increasing occurrence of cyber-attacks on electronic health records is expected to boost the revenue growth of this market over the forecast period.

Key suggestions from the report:

  • The increasing incidence of medical errors is expected to be the major factor driving the market
  • The risk management and safety solutions segment dominated the market with a revenue share of 67.4% in 2019, owing to the development of the solutions to effectively monitor patient safety
  • The Asia Pacific dominated the market and accounted for the largest revenue share of 12.5% in 2019, owing to the increasing patient population and increased adoption of technology in healthcare facilities.

Read 90 page research report with ToC on “Patient Safety And Risk Management Software Market Size, Share & Trends Analysis Report By Software Type, By End User (Hospitals, Ambulatory Care Centers, Long-term Care Centers), By Region, And Segment Forecasts, 2020 – 2027  ” at: https://www.grandviewresearch.com/industry-analysis/patient-safety-risk-management-software-market

Based on software type, the risk management and safety solutions segment dominated the market and accounted for the largest revenue share of 67.4% in 2019. One of the key factors contributing to the increase in demand for such solutions is to monitor the safety of patients and improve organizational growth, therefore waiving off risk factors. On the other hand, the governance, risk, and compliance

Gap shoppers order hundreds of pounds worth of clothes for free due to website glitch

GAP shoppers claim they were able to order hundreds of pounds worth of clothes for free due to a website glitch.

Instead of paying full price on items, an error on the Gap website saw customers only charged a £4 delivery fee.

Hotukdeals users shared screengrabs of their orders which showed only delivery had been charged

3

Hotukdeals users shared screengrabs of their orders which showed only delivery had been charged

The glitch was reported on deals website Hotukdeals with customers sharing screengrabs of their orders.

One customer said they placed an order for £60 while only paying postage, while another shopper said they ordered £85 worth of clothes.

Separately, one person said the glitch worked on orders up to £200, although another customer said they ordered £214 worth of goods.

But some shoppers were quick to shame other people for taking advantage of the deal when the retail industry is struggling.

One shopper said they were able to place an order for £84.90 - but it's unclear if Gap processed it

3

One shopper said they were able to place an order for £84.90 – but it’s unclear if Gap processed it
Gap hasn't commented on the website glitch

3

Gap hasn’t commented on the website glitchCredit: Alamy

The high street has been under threat from mass job cuts and store closures after non-essential businesses were ordered to close for three months to help stop the spread of coronavirus.

Dire figures published in August 2020 showed 43,000 retail jobs had been axed since the start of lockdown with more roles feared to go when the furlough scheme ends this month.

In June 2020, Gap said it’s lost almost £1billion since the start of lockdown.

The company reported a loss of £740million in the three months to May, compared with a profit of £203million in the same period last year.

One person said: “Does anyone understand what is happening in the world companies going under people not having jobs? I am sorry but this is not the time to take

Here’s How Much Investing $1,000 In The 5 Biggest Dot-Com Bubble Tech Stocks Would Be Worth Today

Despite an ongoing pandemic and the U.S. economy barely limping along, the Nasdaq is still trading more than 50% above its March lows. The surge in tech stocks in 2020 has understandably led investors to draw comparisons to the dot-com bubble in 2000.

The Nasdaq ultimately peaked at 5,048.62 on March 10, 2000. Of course, some dot-com bubble stocks have performed much better than others in the 20 years since the bubble burst.

FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.

The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000:

  • Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000.

  • Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion.

  • Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000.

  • Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000.

  • Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.

Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.

See Also: 5 Ways Today’s Market Resembles The Dot-Com Bubble

Dot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares

A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years

Bitcoin has had a strong start to the decade, adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.

The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on a roller coaster through 2020, crashing to under $4,000 in March before rebounding to well over $10,000.

With a raft of established investors turning to bitcoin this year as a potential hedge against the inflation they see coming as a result of unprecedented government spending and money-printing, a prominent investor in electric car-maker Tesla
TSLA
has said it expects bitcoin’s total value to balloon to between $1 trillion and $5 trillion during the next five to ten years.

MORE FROM FORBESBitcoin And Blockchain Are The ‘Future’ Of Twitter, CEO Jack Dorsey Reveals

“Bitcoin offers one of the most compelling risk-reward profiles among assets, as our analysis suggests it should scale from roughly $200 billion today to $1-5 trillion network capitalization during the next five to ten years,” Ark Invest’s director of research, Yassine Elmandjra, wrote in a report out last month, adding that investors shouldn’t ignore bitcoin as an asset class.

Ark is best known for its wildly optimistic price target for Tesla—a bet that has somewhat paid off this year as the Tesla price increased fourfold.

Bitcoin was by far the best performing asset of the last decade, with its price increasing from almost zero to highs of around $20,000 per bitcoin token in late 2017 before falling back somewhat. But, despite this massive run, Ark remains very bullish on bitcoin.

“Our analysis suggests bitcoin is early on its