Philips expands cloud-based enterprise imaging services to Europe for better access to AI-enabled workflows and innovation
Rhea-AI Summary
Philips (NYSE: PHG) announced the expansion of its cloud-based radiology informatics solutions to Europe, following successful deployment in over 150 sites across the Americas. The HealthSuite Imaging platform, hosted on Amazon Web Services (AWS), offers a software-as-a-service model with regular upgrades and security features.
The cloud service will be available in 13 European countries, pending regulatory approval from DEKRA. The platform enables secure, remote access to radiology exams, AI-enabled workflows, and integrated reporting capabilities. Philips is also exploring generative AI applications through Amazon Bedrock for conversational reporting to address clinical demands and workforce shortages.
According to industry data, 95% of healthcare providers plan to migrate over half of their applications to the cloud within three years. The solution aims to enhance collaboration, accelerate clinical decisions, and improve operational efficiency while reducing IT management burdens.
Positive
- Expansion into 13 new European markets broadens revenue potential
- Successful track record with 150+ site deployments in Americas
- Partnership with AWS strengthens technological capabilities
- AI integration potential to improve operational efficiency
Negative
- European launch pending regulatory approval
- Significant investment required for cloud infrastructure
- Faces competition in growing healthcare cloud market
News Market Reaction – PHG
On the day this news was published, PHG declined 3.02%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
February 27, 2025
Accelerating cloud adoption across Europe with Philips HealthSuite Imaging cloud services on Amazon Web Services
Amsterdam, The Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, announced today the expansion of its cloud-based radiology informatics solutions to Europe, including exploring the use of generative AI to enhance radiology reporting. After the successful migration of over 150 sites in North and Latin America to HealthSuite Imaging on Amazon Web Services (AWS), Philips will offer these innovative cloud services across Europe [1, 2].
Philips HealthSuite Imaging is a comprehensive cloud-based solution for radiology departments, managed by Philips and hosted on AWS. As a pure software-as-a-service model (SaaS), it includes regular upgrades, security patches and compliance checks, enabling healthcare institutions to secure their data, while allowing clinicians to access the latest innovations from any location.
Within three years,
“The availability of Philips’ cloud-based radiology solutions in Europe will be a game changer for healthcare providers, helping them to manage staff shortages, optimize workflows and drive better outcomes”, said Shez Partovi, Business Leader Enterprise Informatics at Philips. “The scalability and security of enterprise imaging in the cloud will enable radiology departments to benefit from the transformative power of generative AI and allow clinicians to focus on the most important aspect, bringing better care to more people.”
AI Innovations and Future Prospects
One of the key benefits of cloud-based services is faster access to future innovations. Philips is exploring generative AI capabilities as part of its innovation strategy, focusing, for example, on conversational reporting to help healthcare providers face increased clinical demands and workforce shortages. These AI applications may reduce administrative burdens and time-consuming repetitive tasks, helping clinicians focus their expertise where it matters most – in critical decision-making. Philips aims to create robust and scalable generative AI applications that leverage state-of-the-art foundation models from Amazon Bedrock and seamlessly integrate into clinical workflows.
"Ambient reporting in radiology is just the beginning of using large language models in reporting”, said Dr. J.J. Visser, Radiologist and CMIO at Erasmus Medical Center. “It’s not only about speed; with fewer distractions from the reporting tool, I can focus more on image details and produce higher-quality reports in less time. I anticipate even greater advancements in the coming years.”
Find out more about Philips’ full radiology informatics portfolio at Philips at ECR 2025 and in person from February 26 – March 1 at the European Congress of Radiology in Vienna, Austria.
[1] The following countries are currently included: Italy, UK, Belgium, Netherlands, France, Austria, Denmark, Ireland, Norway, Portugal, Spain, Sweden, Finland.
[2] Cloud services (Philips HealthSuite Imaging) in EU are pending the approval of the notified body (DEKRA)
[3] Leonard. Michael. Accelerate healthcare transformation with cloud solutions | AWS Marketplace (amazon.com)
For further information, please contact:
Anna Hogrebe
Philips Global External Relations
Tel.: +1 416 270 6757
E-mail: anna.hogrebe@philips.com
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.
Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,800 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
Attachments
FAQ
Which European countries will Philips (PHG) cloud-based imaging services be available in?
How many sites has Philips (PHG) successfully migrated to HealthSuite Imaging in the Americas?
What AI capabilities is Philips (PHG) exploring for its cloud-based imaging platform?
What regulatory approval is Philips (PHG) waiting for to launch cloud services in Europe?
