Caristix presentation @ International Startup Festival 2011
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The document discusses a startup festival that will take place on July 14, 2011. It introduces Caristix, a company that aims to help hospitals better manage their complex healthcare data to save time, budgets, and projects. Caristix allows customers to instantly grasp healthcare data through its technologies. The company is led by a team of co-founders and plans to raise Series A funding within the next 12 months to target the $30 billion opportunity in healthcare data management.
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Caristix presentation @ International Startup Festival 2011
- 1. International Startup FestivalJuly 14, 2011 © Caristix 2011. All rights reserved.
- 2. The most complex data sets in the world…
- 3. …are in your local hospital.
- 5. Busted timelines Busted budgets Busted projects Broken Readings by VERY URGENT Photography http://www.flickr.com/photos/altoexyl/4503431478/
- 6. Weeks digging through data
- 7. A billion-dollar problem and opportunity
- 8. Grasp the data instantly
- 10. Co-Founders Sovita Chander VP MKTG Jean-Luc Morin VP R&D Stéphane Vigot President
- 11. Target $30 billion opportunity
- 12. Funding Series A next 12 months.
Notes de l'éditeur
- Where do you find the most complex data sets in the world? Your bank? The CIA? No.
- Your average hospital.
- Systems for patients, medications, labs, work independently. But they need to communicate so nurses and doctors can deliver the right care. Systems communicate through an interface, which acts like a conduit. Far too much interface work is manual.
- This means: busted timelines, busted budgets, busted projects – read the news lately?
- Analysts spend weeks just trying to figure out how the data is organized. Then they have to do it again and again – whenever there’s new equipment or upgrades. Talk about a challenge!
- This costs the healthcare industry a billion dollars per year. System vendors and hospitals are pulling their hair out to solve this challenge. Caristix has the answer. That’s why we’re killing it. That’s why we’re here.
- Our solution automates the work analysts do to understand system connections. Our software instantly shows analysts what’s really going on in the data. Cut 50% off your deployment timeline. Cut tasks that don’t add value – ask an overloaded IT team if that matters. Cut risk out of those $100 million healthcare IT projects we see in the news – ask a hospital CEO if that matters.
- We launched our flagship software in November 2010. We’ve signed 8 customers in the US and Canada since then. One customer cut a 2-hour task down to 10 minutes. Another connected to a cloud system in days, not weeks. A third avoided a major risk because of our software -- they discovered multiple conflicting data definitions prior to deployment.
- Caristix is 3 co-founders and 2 employees – all with hands-on experience in healthcare IT, and up to 12 years of working together. We’ve got both technology and business in our DNA… Delivering the killer IP to address our opportunities – that’s Jean-Luc and his team… Going-to-market and selling – that’s me and Sovita.
- Our current IP addresses a market niche of about $200 million. Our target tackles even bigger problems around data. Our roadmap charts the way to a $30 billion market opportunity. Imagine a world where we leverage healthcare data for value – human value and business value – in the same way we leverage financial data on Wall Street or retail data at Walmart. Imagine connecting complex data sources to provide smarter care, more compassionately, at lower cost.That’s the world we want to live in. That’s the world Caristix will help to create.
- We’ve just closed a seed round with Anges Quebec and Real Ventures to fund customer acquisition, growth, and more new IP. In about a year’s time, we’re aiming to close our next round. If you’re an investor, we invite you: join us in our growth.