Fremont, CA: Enterprise Health, a provider of occupational and employee health software solutions, witnessed a 70 percent increase in booked recurring revenues in 2021 over the previous year. This is the company's fourth consecutive year of double-digit growth, for a 52 percent average annual growth rate over the period.
Large employer organizations that operate their own onsite employee health clinics as part of their occupational and employee health strategy use Enterprise Health SaaS solutions. Hospitals and health systems, government agencies, and some of the world's largest corporations are among the company's blue-chip clients. These clients use the software to automate and streamline medical surveillance, workplace injury and illness treatment, regulatory compliance, and urgent and primary care services delivery.
COVID has had a significant impact on Enterprise Health software demand. Before the pandemic, the company had developed pandemic response functionality that could be quickly configured to support COVID-specific use cases and requirements. According to Enterprise Health president Jeff Donnell, "our clients are the individuals in charge of managing COVID response at their organisations." "All of our existing clients are navigating COVID with Enterprise Health, and new clients are starting with COVID modules and layering on additional functionality as time allows."
"We were experiencing strong growth before the pandemic, but COVID is serving as rocket fuel for expansion," Donnell explained. "If the COVID cloud has a silver lining, it is the C-recognition suite's of the critical importance of having present, productive, and healthy employees. After experiencing the difficulties of managing COVID with spreadsheets, paper processes, and ill-suited software applications, organizations are investing in employee health programs and the digital infrastructure required to support them."
Verdantix, an environmental health and safety analyst firm, forecasted 9.7 percent compound annual growth in the occupational health software market from 2021 to 2025. Verdantix, on the other hand, forecasted only 6 percent growth in 2021, anticipating that the demands of responding to COVID would dampen initial growth potential.
