China's planned Rmb850bn ($124bn) revamp of its ailing healthcare system will generate software spending worth at least $1.5bn, according to IBM's Chinese development laboratory.
The US computer group said it expected that at least 1,000 hospitals would spend at least $1.5m each to set up electronic medical records under the plan, which is expected to be set out in detail by Chinese government officials today.
“This will trigger $1.5bn in software spending from hospitals,” said Matt Wang, vice-president of IBM's China Development Lab. “That is a low ballpark figure. I expect it will be much more than that.”
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