Most of our clients originally came to us because they were facing steep challenges. They needed to make breakthroughs, and our partnership enabled them to achieve peak performance.
What sets our company apart is that every one of us is dedicated to making clients successful. That is our shared passion, and it drives a continual commitment to excellence in our software products and services.
|InterSystems at a Glance
(as of Dec 31, 2013)
|Revenue:||$463 million (USD)|
|Clients:||In over 100 countries|
We develop advanced data management, connectivity, and analytics technologies that help our clients make breakthroughs in healthcare, financial services, government, utilities, and other industries that demand the highest software performance and reliability.
Leading organizations around the world such as Kaiser Permanente, NHS Scotland, TD Ameritrade, Petrobras, and many more rely on our products to power their core enterprise systems.
We also serve the needs of innovative application vendors who use our technology platform to create breakthrough solutions that give them competitive advantages.
As a consistently profitable, privately held company, our focus on client success has never been distracted by demands from outside investors or the short-term gyrations of stock markets.
Our company was founded in 1978 by Phillip T. (Terry) Ragon. His product vision – power through simplicity – has deep roots in remarkable application development technology invented during the 1960s at the Laboratory for Computer Science at Massachusetts General Hospital (MGH). Originally conceived as an easy-to-use programming language for doctors, the MGH technology was expanded by InterSystems developers to create innovative data management products and rapid application development technologies.
Long before the term “Big Data” came into vogue, our products were taking on classic Big Data challenges, making short work of the volume, velocity, and variety of transactional data. The strength of our technology attracted our first clients, including the U.S. Department of Veterans Affairs and Epic. All of our original clients are still working with us today. The longevity of these relationships is one of the hallmarks of our company, and a testament to our passion for making clients successful.
In 1997, our growth accelerated with the launch of the Caché high-performance “post-relational” database system. It retained our fundamental design principle of power through simplicity and provided a path forward for existing customers, but was completely reengineered to incorporate key advanced technologies. Unlike relational databases that rigidly organize data in tables, Caché was a multidimensional database that could handle all formats of structured and unstructured data – a valuable breakthrough, especially in healthcare which has always relied heavily on free-text clinician notes.
In the early years of the new millennium, our product portfolio grew with an expanded focus on strategic interoperability when we introduced the Ensemble integration platform and the HealthShare informatics platform. It expanded again with our acquisition of the TrakCare healthcare information system in 2007, which enabled us to enter additional markets around the world. All of these products share a common core – Caché – and benefit from the addition of new embedded technologies including DeepSee, iKnow, and Zen.
Today, our platform seamlessly combines advanced data management, connectivity, and analytics capabilities, and it has been used by our partners and clients to create thousands of breakthrough applications worldwide. Our design principles when our company was founded – rapid application development, high performance on low-cost hardware, interoperability across a variety of devices and user interfaces, and ease of use and management – are still relevant to this day and remain influential in the evolution of our platform. As the scale of what our clients have to do grows steadily, with applications that now encompass millions of users and petabytes of data, they have the power to make breakthroughs.