Craneware Signs Groundbreaking Deal with Microsoft

Craneware expects the first of the new applications developed under the partnership to become part of its flagship “Trisus” platform to be made available on Microsoft’s Azure platform this month.

Healthcare software provider Craneware has signed a landmark deal with Microsoft that will give the Scottish company access to the tech giant’s Azure platform, make it easier for customers to access its software, expand its cloud computing capabilities and boost its artificial intelligence capabilities.

The company, which despite being headquartered in Edinburgh, does all its sales in the privatised US healthcare sector, said it had already begun “co-innovation” with Microsoft’s AI team to incorporate AI into its current offerings, and was also exploring ways to apply the new technology to its offering.

The first of the new applications from the partnership, which will be part of the flagship “Trisus” platform, are expected to be listed on Microsoft Azure this month. They will be called Trisus Chargemaster, Trisus Decision Support, and Trisus Labor (sic) Productivity.

Microsoft Azure is a cloud computing platform developed by Microsoft that helps companies manage applications and services.

Shares in the AIM-listed company rose two per cent following the announcement early this morning.

Keith Neilson, CEO and co-founder of Craneware, said: “We are excited to strengthen our partnership with Microsoft and their global Partner Solutions team to bring advanced AI solutions to the US healthcare industry.

“This agreement deepens our relationship with Microsoft by aligning strategic goals and supporting collaboration on future technology initiatives, marking a significant milestone in our journey to transform the healthcare industry.”

Craneware has been doing well recently. In March, the company reported interim results in which revenue and pretax profit rose eight percent and nine percent, respectively.

Gareth Hall, a senior director at Microsoft, which was last week found to be in breach of EU antitrust law, said: “Together we can bring to market advanced AI-based solutions that help healthcare customers transform their businesses, deliver effective solutions and demonstrate the additional power of the Microsoft healthcare cloud.