|Phillip (Terry) Ragon, founder and CEO|
InterSystems Corporation is a privately held vendor of software systems and technology for high-performance database management, rapid application development, integration, and healthcare information systems. The vendor's products include InterSystems IRIS Data Platform, Caché Database Management System, the Ensemble integration platform, the HealthShare healthcare informatics platform and TrakCare healthcare information system, which is sold outside the United States.
InterSystems was founded in 1978 by Phillip T. (Terry) Ragon, its current CEO as of 2018. The firm was one of the original vendors of M-technology (aka MUMPS) systems, with a product called ISM. Over the years, it acquired several other MUMPS implementations: DTM from Data Tree (1993); DSM from Digital (1995); and MSM from Micronetics (1998); making InterSystems the dominant M technology vendor.
The firm eventually started combining features from these products into one they called OpenM, then consolidated the technologies into a product, Caché, in 1997. At that time they stopped new development for all of their legacy M-based products (although the company stills supports existing customers). They launched Ensemble, an integration platform, in 2003 and HealthShare, a massively scalable health informatics platform, in 2006. In 2007, InterSystems purchased TrakHealth, an Australian vendor of TrakCare, a modular healthcare information system based on InterSystems technology. In May 2011, the firm launched Globals as a free database based on the multi-dimensional array storage technology used in Caché. In September 2011, InterSystems purchased Siemens Health Services (SHS) France from its parent company, Siemens. In September 2017, InterSystems announced InterSystems IRIS Data Platform, which, the company said, combines database management capabilities together with interoperability and analytics, as well as technologies such as sharding for performance.
The company's products include:
- InterSystems IRIS Data Platform
- InterSystems Caché, a multi-model database
- InterSystems Ensemble, a rapid integration and development platform
- HealthShare, a health information exchange platform and product suite
- InterSystems TrakCare, a Web-based healthcare information system
- InterSystems TrakCare Lab Enterprise, a proprietary Laboratory Information Management System with business management capabilities
The largest customer for InterSystems is Epic, a leading health records vendor. Like InterSystems, Epic is privately held. "Both are rooted in an older programming language called MUMPS, developed at Mass General Hospital in the 1960s. Their founders coded the first products, and turned down outside investors, preferring to maintain control," said Zina Moukheiber in a Forbes profile in 2013. Other large customers include the U.S. Department of Veterans Affairs; Partners HealthCare; Cleveland Clinic; the National Health Services of England, Scotland and Wales; the European Space Agency and Credit Suisse.
On August 14, 2008, the Boston Globe reported that InterSystems was filing a lawsuit against Microsoft Corporation, another tenant in its Cambridge, Mass., headquarters, seeking to prevent Microsoft from expanding in the building. InterSystems also filed a lawsuit against building owner Equity Office Partners, a subsidiary of the Blackstone Group, "contending that it conspired with Microsoft to lease space that InterSystems had rights to, and sought to drive up rents in the process".
In 2010, CEO Terry Ragon led a coalition in Cambridge called Save Our Skyline to protest a city zoning change that would have allowed more signs on top of commercial buildings, partly in response to Microsoft's desire to put a sign on top of their shared building.
Both disputes were eventually settled, and Microsoft and InterSystems agreed to both put low signs only in front of the building at street level.
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- Moukheiber, Zina. "Behind Epic Systems, A Low-Key Health IT Company Called InterSystems". Forbes. Retrieved 2018-01-08.
- "Space Agency to map the galaxy with help from InterSystems". Enterprise Innovation | Asia's Premier Business and Technology Publication. Retrieved 2018-01-08.
- Ross, Casey (August 14, 2008). "For Microsoft, not all is neighborly in Cambridge". The Boston Globe. Retrieved 2008-10-25.
- Irons, Meghan (October 9, 2010). "Critics put city on notice over sign rules". boston.com. Retrieved 2016-04-06.