Monday, July 5, 2010

Ohio State spinoff Health Care DataWorks lands Orlando Health contract for business intelligence

After an exhaustive, 18-month search Orlando Health, an eight-hospital system in Central Florida, chose an obscure start-up vendor to build a data aggregator and business intelligence system. Upper Arlington, Ohio-based Health Care DataWorks, spun off in January 2009 from Ohio State University Medical Center, beat out the likes of Oracle, Intel, Microsoft and Teradata for the five-year, multimillion-dollar contract, Business First of Columbus reports.
"It's a company that is small enough to truly listen to what we have to say, but it has enough backing that we didn't have to worry that it would go under," Alex Veletsos, chief applications officer at Orlando Health, tells the publication. In addition, DataWorks promises to have its off-the-shelf, system live within 6 months, and at 30 percent to 50 percent lower cost than the larger vendors would charge to build a system from scratch. The big companies would have taken as long as two years to get their data warehouses and mining systems in place, according to Veletsos.
The key to the cost savings is that DataWorks charges a monthly fee to rent its servers, software and database structure, while other options would have entailed a large capital expenditure up front. But Orlando Health really was sold on the fast installation. "The speed to delivery for us was of such great importance was clear it was the right thing to do," says Veletsos.
Though the company is new and has but 13 employees, the technology has been proven since 1997 at Ohio State. DataWorks also has a year of experience working with Nationwide Children's Hospital in Columbus, Ohio, and was profitable in its first year of operation.


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