CitiusTech Strengths, Domain Expertise, and Key Differentiators
CitiusTech is a trusted partner to leading healthcare and life sciences organizations, specializing in accelerating digital innovation, driving enterprise transformation, and enabling industry convergence. With a global team of over 8,500 healthcare technology professionals, the company delivers a comprehensive suite of services, including digital and product engineering, data analytics, healthcare solutions, interoperability and integration engineering, implementation support, and strategic consulting. Renowned for its thought leadership and cutting-edge solutions, CitiusTech is committed to advancing the future of healthcare through next-generation technologies, advanced analytics, and artificial intelligence. Its end-to-end capabilities empower healthcare organizations to modernize operations, enhance patient outcomes, and drive meaningful impact across the care continuum.
The company’s PERFORM+ Suite—featuring solutions such as DataScale, Contracts, Regulatory, and Stars—helps organizations address complex business challenges, optimize performance management, and achieve regulatory compliance.
CitiusTech Recent Developments
CitiusTech began its recent innovations with the launch of RealSight, an advanced analytics platform using price transparency data to provide strategic insights for healthcare stakeholders. It then introduced a solution to ensure reliability, quality, and trust in Generative AI applications within healthcare, supporting the safe and scalable adoption of Gen AI. The company followed with the release of a Generative AI-powered version of its HEDIS solution, integrated into the PERFORM+ Clinical Convergence Platform to enhance clinical quality measurement. CitiusTech later formed Citius Healthcare Consulting by integrating FluidEdge Consulting with its existing teams to address challenges across healthcare and life sciences sectors. Most recently, it launched the HealthSPARX platform, a scalable real-world data solution that supports advanced analytics and accelerates data-driven innovation across clinical, research, medical, and commercial functions.
CitiusTech Mergers and Acquisitions (M&A) Activities
Baring Private Equity Asia has reached a significant agreement to acquire CitiusTech from its current private equity investor and renowned technology entrepreneur Rizwan Koita, along with his fellow Indian Institute of Technology (IIT) alumnus, Jagdish Moorjani. This acquisition marks a pivotal shift in CitiusTech’s ownership, transitioning to one of Asia’s foremost private equity firms. With Baring Private Equity Asia’s extensive expertise and resources, CitiusTech is well-positioned to accelerate its growth and strengthen its leadership in the healthcare analytics sector.
CitiusTech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CitiusTech applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of CitiusTech and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CitiusTech Perform+ suite customers.
CitiusTech Overview
2 Research Way, 2nd Floor
Princeton, NJ, 8540, United States
1 877-248-4871
https://www.citiustech.com/
Ownership: - Baring Private Equity Asia, Bain Capital Private Equity
Number of Employees: 8500
Functional Markets: Analytics and BI, ERP Services and Operations,
Key Verticals: Healthcare, Life Sciences,
CitiusTech Key Enterprise and Cloud Applications
CitiusTech Perform+ suite
CitiusTech Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
CitiusTech Revenue Breakdown By Type, $M:
CitiusTech Enterprise Applications Revenues By Functional Markets, $M:
CitiusTech Enterprise Applications Revenues By Verticals, $M:
CitiusTech Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
CitiusTech Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
CitiusTech Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified CitiusTech Customers
No. of CitiusTech Customers: 140
No. of CitiusTech Enterprise Applications Customers: x
No. of CitiusTech Cloud Customers: x
No. of CitiusTech Cloud Subscribers: x
CitiusTech drives digital innovation, business transformation, and industry-wide convergence for over 140 healthcare organizations through next-generation technologies, solutions, and products.
CitiusTech’s client roster includes industry leaders such as DaVita, MultiPlan, Centra Health, Watson Health Imaging, Vital Images, Community Care of North Carolina, Vanderbilt University Medical Center, GetWellNetwork, and NantHealth. This prestigious list underscores CitiusTech's reputation as a trusted partner in driving innovation and excellence across the healthcare continuum.
CitiusTech Market Opportunities, M&A and Geo Expansions
CitiusTech expanded into Poland to leverage local talent, support job creation, and strengthen its presence in the European technology market. The company also developed the Gen AI Quality & Trust solution to address key challenges in reliability, quality, and trust for Generative AI applications in healthcare, providing a comprehensive framework for designing, integrating, and monitoring these solutions. This offering was later made available on the Microsoft Azure Marketplace, enabling customers to deploy and manage the solution efficiently through the Azure cloud platform.
CitiusTech Risks and Challenges
CitiusTech’s reliance on Platform as a Service (PaaS) as a primary revenue stream presents inherent risks, including exposure to market volatility, shifting customer demands, and evolving technology trends. To mitigate these risks, the company must continuously innovate its PaaS offerings, diversify revenue sources, and remain agile in responding to industry changes to ensure sustained growth and profitability.
CitiusTech Ecosystem, Partners, Resellers and SI
In September 2024, CitiusTech was named the preferred vendor for Enterprise Data & Decision Intelligence services by Novant Health, a leading integrated healthcare network with over 850 locations across North and South Carolina. As part of this partnership, CitiusTech will deliver a comprehensive suite of data, analytics, and digital services to support Novant Health’s goal of enhancing patient outcomes and operational efficiency. The engagement will focus on building and implementing enterprise-wide data platforms and analytic solutions to drive informed clinical and operational decision-making.
In August 2024, CitiusTech announced a strategic partnership with Simplify Healthcare, marking a key advancement in enhancing operational efficiency and member experience for Payers. Simplify Healthcare’s enterprise-grade, cloud-based platform Simplify Health Cloud will enable the seamless management of product, benefits, and provider data. Through this collaboration, CitiusTech will tailor Simplify’s purpose-built solutions for its clients, significantly expanding and strengthening its core Payer offerings to drive innovation, cost efficiency, and improved stakeholder engagement.
In June 2023, CitiusTech expanded into Krakow, Poland, marking its entry into the European market. This move strengthens the company’s presence within the regional technology ecosystem while enhancing its global delivery capabilities.
CitiusTech leverages deep healthcare expertise and strategic partnerships to drive innovation and transformation across operations. Notable partners include Amazon Web Services, Microsoft, Salesforce, ServiceNow, IBM, Infor, and several others, enabling CitiusTech to deliver cutting-edge solutions and value to its clients.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
