InterSystems
![]() | This article needs to be updated.(September 2022) |
![]() | |
Company type | Private |
---|---|
Industry | software |
Founded | 1978 |
Founder | Phillip (Terry) Ragon |
Headquarters | Boston, Massachusetts |
Key people | Phillip (Terry) Ragon, Founder and CEO |
Products | InterSystems IRIS InterSystems IRIS for Health Caché Ensemble DeepSee HealthShare TrakCare GlobalsDB |
Revenue | $1 billion+ (USD) (FY2024) |
Website | www.InterSystems.com |
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 InterSystems Ensemble[1] integration platform, the HealthShare healthcare informatics platform and TrakCare[2] healthcare information system,[3] which is sold outside the United States.
InterSystems is based in Boston, Massachusetts.[4] The company's revenue was $727 million in 2019.
History
[edit]InterSystems was founded in 1978 by Phillip T. (Terry) Ragon, its current CEO.[5] The firm was one of the vendors of M-technology (aka MUMPS) systems, with a product called ISM-11 (an DSM-11 clone) for the DEC PDP-11 .[6] Over the years, it acquired several other MUMPS implementations: DTM from Data Tree (1993); DSM from Digital (1995);[7] and MSM from Micronetics (1998); making InterSystems the dominant M technology vendor.[citation needed]
The firm eventually started combining features from these products into one they called OpenM, then consolidated the technologies into a product, Caché, in 1997.[8] At that time they stopped new development for all of their legacy M-based products (although the company still supports existing customers). They launched Ensemble, an integration platform, in 2003[9] and HealthShare, a scalable health informatics platform, in 2006.[10] In 2007, InterSystems purchased TrakHealth,[8] 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.[11] In September 2011, InterSystems purchased Siemens Health Services (SHS) France from its parent company, Siemens.[12] 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.[13]
Microsoft dispute
[edit]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".[14]
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.[15]
Both disputes were eventually settled, and Microsoft and InterSystems agreed to both put low signs only in front of the building at street level.
References
[edit]- ^ "Ensemble".
- ^ "TrakCare".
- ^ "Database Management & Healthcare Information Systems | InterSystems". InterSystems Corporation. Retrieved 2018-01-08.
- ^ "InterSystems Worldwide Offices". 28 July 2025.
- ^ "Phillip T. (Terry) Ragon". intersystems.com. Retrieved 2020-01-12.
- ^ Coffey, Brendan (2014-07-18). "Little-known InterSystems grows to dominate an IT market in age of Obamacare". Washington Post. ISSN 0190-8286. Retrieved 2018-01-08.
- ^ Larry Goelz; John Paladino (1999-05-31). "Cover Letter re DSM". Compaq. Retrieved 2021-01-24.[permanent dead link]
- ^ a b "Who We Are". Archived from the original on August 8, 2014.
- ^ "Intersystems Launches Ensemble - Comprehensive Integration Platform Enables Rapid Implementation | InterSystems Corporation". InterSystems Corporation. Retrieved 2018-01-08.
- ^ "InterSystems Introduces HealthShare - High Performance, Massively Scalable Information Delivery Framework Targets RHIOs, HIE Networks Forming Worldwide | InterSystems Corporation". InterSystems Corporation. Retrieved 2018-01-08.
- ^ "Globals".
- ^ "InterSystems Takes Healthcare IT Leadership Position in France | InterSystems Corporation". InterSystems Corporation. Retrieved 2018-01-08.
- ^ "InterSystems press release". 12 September 2017.
- ^ 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.