Ohio State spinoff Health Care DataWorks lands Orlando Health contract for business intelligence
"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 that...it was clear it was the right thing to do," says Veletsos.
Though the company is new and has but 13 employees, the