InterSystems Awarded 2012 Frost & Sullivan Asia-Pacific Healthcare IT Company of the Year Award
Frost & Sullivan recognizes InterSystems for delivering innovation and "extraordinary client value" to leading Asia-Pacific healthcare organizations
SINGAPORE - September 26, 2012 - InterSystems Corporation, a global leader in software for connected care, today announced it has been awarded the prestigious 2012 Frost & Sullivan Asia-Pacific Healthcare IT Company of the Year award for the "extraordinary client value it has delivered in the Asia-Pacific healthcare IT space."
In selecting InterSystems for the award, global research firm Frost & Sullivan employed both qualitative and quantitative benchmarking criteria in the following three areas: Excellence in Growth Strategy & Differentiation, Degree of Innovation in Business Process, and Leadership in Customer Value and Market Penetration.
Frost & Sullivan noted that InterSystems' technology and solutions for connected care have won market share and client trust among leading Asia-Pacific healthcare organizations, including several large projects in Japan, China, Hong Kong and Thailand in the past two years.
InterSystems TrakCare™, an Internet-based unified healthcare information system that rapidly delivers the benefits of an electronic patient record, is already deployed at many of the top hospitals across the Asia-Pacific region, with over 30 sites in China, 30 sites in Thailand, and deployments in Australia, New Zealand, India, Taiwan, Indonesia, and Malaysia. In addition, InterSystems HealthShare™, a strategic healthcare informatics platform that leverages the InterSystems CACHÉ® database and InterSystems Ensemble® integration technology, is now the fastest growth product for InterSystems.
"InterSystems understands there is a significant trend towards high-volume, highly complex installations rather than incremental enhancements at isolated organizations," said Natasha Gulati, Industry Analyst, Asia-Pacific Healthcare Practice, Frost & Sullivan. "To capture growth from this trend, InterSystems is increasingly working with government agencies and large private healthcare groups.
"InterSystems has also innovated service delivery by offering country editions of its products, SaaS-based delivery models and its ARIES methodology for rapidly implementing complex, large-scale enterprise software systems," added Gulati. "Together, these innovations help clients reduce cost and risk, improve business processes, and keep abreast of the latest technology and software."
Frost & Sullivan noted that InterSystems TrakCare is particularly interesting to clients when offered on a software-as-a-service (SaaS) basis, allowing many customers to reduce their total cost of ownership and improve their business processes. It also observed that InterSystems has identified an upcoming market segment - construction companies engaged in developing healthcare infrastructure - and is winning large-scale projects to deploy and manage a complete hospital information system in new state-of-the-art facilities.
"Frost & Sullivan believes that InterSystems has crafted its core competencies - product excellence, partnering with customers, and delivery in diverse geographies - with a lot of attention to detail and is adopting very specific programs to maintain and harness growth from these competencies," concluded Gulati. "It has a well-defined business strategy, which will help it achieve its growth goals."
"InterSystems really appreciates Frost & Sullivan's recognition of our work and leadership position in the Asia-Pacific healthcare IT solutions market," said Steve Garrington, Group Commercial Director. "This award acknowledges not only technology innovation, but also reflects innovations in service delivery and our ability to work in partnership with leading Asia-Pacific healthcare organizations to ensure successful implementation and adoption of connected care solutions."
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InterSystems Corporation is a global leader in software for connected care, with headquarters in Cambridge, Massachusetts, and offices in 25 countries. InterSystems TrakCare™ is an Internet-based unified healthcare information system that rapidly delivers the benefits of an electronic patient record (TrakCare is not available in the United States). InterSystems HealthShare™ is a strategic healthcare informatics platform for information exchange and analytics within a hospital network, and across a community, region or nation. InterSystems CACHÉ® is the world's most widely used database system in clinical applications. InterSystems Ensemble® is a platform for rapid integration and the development of connectable applications.
InterSystems' products are used by thousands of hospitals and laboratories worldwide, including all of the top ten hospitals on the Honor Roll of America's Best Hospitals as rated by U.S. News and World Report.
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