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Essay Available:
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3 pages/≈825 words
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Level:
APA
Subject:
Business & Marketing
Type:
Essay
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English (U.S.)
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Topic:

Telehealth- Aitmed company Business & Marketing Essay (Essay Sample)

Instructions:

4-2 Final Project Milestone Two: SWOT Analysis
1/Completes comprehensive SWOT analysis on internal and external factors affecting company’s readiness to compete
2/Creates prioritized list of strengths to exploit and weaknesses to mitigate based on SWOT analysis, supporting list with rationale
3/Comprehensively evaluates company’s readiness to compete in business environment based on market domain evaluation and SWOT analysis
4/Submission has no major errors related to citations, grammar, spelling, syntax, or organization

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Content:


Telehealth – AiTmed Company
Name
Institution
Instructor’s Name
Due Date
SWOT Analysis - Strengths
The market has huge growth potential. The telehealth market is said to have great potential for growth in the next few years. A 2020 report by Arizton indicates that the market's revenue is likely to reach more than $22 billion by 2025 in the U.S., which showcases a compound annual growth rate of over 28% between 2019 and 2025. AiTmed thus has an opportunity to tap into this growth.
Leverages on technological innovations like blockchain. The future of medicine is indeed telehealth. AiTmed has thus positioned itself for growth by choosing to pursue the telehealth market. Blockchain technology promises better security, increased efficiency, and transparency for AiTmed.
Developed its own ECOS. Edge Computing Operating System – ECOS offers AiTmed leverage because it combines artificial intelligence and blockchain encryption. Aside from enhancing the security of users' information, ECOS allows compatibility with EMRs while also increasing the efficiency concerning the medical community's sharing of information.
Weaknesses

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