Frost & Sullivan’s Enabling Technology Leadership Award recognizes SilverCloud Health as the leader in the Internet-delivered cognitive behavioural therapy (CBT) industry.
LONDON – 24 Oct 2017 – SilverCloud Health, the market-leading provider of digital behavioural health solutions, announces today that it has been awarded the Frost & Sullivan 2017 European Enabling Technology Leadership Award. Each year, Frost & Sullivan presents the award to the company that demonstrates superior leadership, technological innovation, customer service, and strategic product development. Due to its excellence, Frost & Sullivan recognises SilverCloud Health as the leader in the Internet-delivered cognitive behavioural therapy (CBT) industry.
For the award, Frost & Sullivan’s global team of analysts independently evaluated SilverCloud and other market participants against key benchmarking criteria regarding technology leveraged and customer impact. The process includes in-depth interviews, analysis, and extensive secondary research to assess the fit with the best practice criteria.
"SilverCloud Health has developed the best-in-class solution for the delivery of behavioural health therapy through an online platform. Given the sound technological platform upon which the software is built and its immense scope for scalability, SilverCloud Health is primed for wide-scale adoption and rapid expansion into areas beyond mental health disorders," said Frost & Sullivan Industry Analyst, Bhargav Rajan.
The SilverCloud Platform is designed to tackle the biggest healthcare challenges of increasing reach, lowering cost, and improving outcomes. Since launching in 2012, over 125,000 patients have accessed the SilverCloud Platform. SilverCloud’s clinical trials and its with real-word results consistently report higher patient engagement, better recovery, and a high degree of satisfaction than that of competitors. Studies also indicate significant cost savings, waiting time reduction, and a potential for scalability that cannot be achieved with more traditional and time-intensive interventions.
“We are honoured to be recognised by Frost & Sullivan with this year’s Enabling Technology Leadership Award. This award not only highlights the potential of SilverCloud to become the ubiquitous technology platform underpinning outcomes based healthcare; it also signifies a great accomplishment made possible by our hard-working team, our investors, and our growing customer base,” said Ken Cahill, CEO of SilverCloud Health.