Since 2009, Explorys has leveraged big data in the healthcare field to form one of the largest healthcare databases in the world, helping medical professionals provide better patient care and diagnoses. Formed out of the Cleveland Clinic in October 2009 by Charlie Lougheed and Stephen McHale, Explorys has become one of the world’s largest data platforms.
Last Monday, McHale announced to 38,000 attendees of the HIMSS conference in Chicago that Explorys has been acquired by IBM. The news was announced by Lougheed in Cleveland. The company will be a part of IBM’s Watson Health Unit.
The deal was a natural fit, says Lougheed. “It was one of those things,” he says. “Explorys and IBM are both leaders in the space. We’ve bumped into each other and we’ve even collaborated from time to time with our joint customers. We really see each other as pioneers in the industry”
Lougheed said there were three components to the decision to join IBM: Industry growth, customers, and Explorys’ employees. “We really believe in this mission and we want to see the mission continue and accelerate,” he explains. “We asked, is it good for our customers, does it make sense? Because they subscribe to our systems for a reason, so it had to matter to them.”
Most importantly, Lougheed said they considered their employees. “We asked, is this good for our employees, because they deserve something great as well,” he explains. “This a great thing for our employees to grow their careers.”
Explorys will remain in Cleveland, and all employees will retain their jobs. “There are some of the best and the brightest data software engineers in the world here,” Lougheed says. “Cleveland is a great place to keep Explorys moving. We’re going to continue to expand as expected.”