NEW YORK, NY -- (Marketwired) -- 03/26/14 -- Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, today announced that it was recognized as a strong option for industrial and capable BI at a reasonable price point according to the "Healthcare Analytics: Making Sense of the Puzzle Pieces" report published by KLAS, a research firm specializing in monitoring and reporting healthcare vendor performance. More than 20 vendors were reviewed for the survey.
The KLAS report found that Information Builders ranked ahead of competitors in supporting integration goals. In addition, some survey respondents praised the company as a flexible, end-to-end BI tool that enables them to improve operational efficiencies across the organization. The KLAS report found that 78 percent of the company's customers interviewed in the survey are using its solutions enterprise wide, and the majority of respondents stated that they derive extensive insight from its implementation. The survey also found that Information Builders is ahead of the industry average for ad hoc queries, with 70 percent of customers surveyed using its tool for ad hoc functions. In addition, the KLAS report distinguished Information Builders in the expanded use of BI tools for analysis related to accountable care initiatives.
Information Builders' enterprise master data application, Omni-Patient, was noted in an emerging category, which KLAS called "Healthcare Analytics Solution Platforms." The solution enables customers to facilitate full patient identity management and obtain a comprehensive view of key entities with a single record for each patient, provider, payer, workforce, and facility. In addition to Omni-Patient, the company has numerous solutions for the healthcare sector, including its Healthcare Regulatory Metrics (HRM), Healthcare Operations Metrics (HOM), and Healthcare Performance Analytics (HPA) offerings. The latter enables providers to integrate regulatory, business, and clinical metrics within the organization, transforming static reports into real-time data that can be used by all user groups to improve patient care and lower operating costs.
According to the report, Information Builders "has expanded offerings and focus on data management, including ETL and data warehousing. [The company] reaches and wins midmarket/midsize organizations when compared to some other mega BI vendor options, [and has a] fairly unique midmarket appeal as a comprehensive BI tool set at a reasonable price."
"For years, Information Builders has prided ourselves on our ability to continuously evolve our solutions to meet the unique needs of companies across industries," said Gerald Cohen, president and CEO of Information Builders. "We believe that our positioning in the KLAS report highlights that our healthcare customers appreciate our commitment to ongoing innovation. We're honored to be recognized by our user base in the KLAS report, and look forward to continuing to work with them to transform the industry's unprecedented amount of data into actionable insights."
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.