Cloud Computing: Explorys Inc. is acquired by IBM, which is beefing up its health-focused data analytics efforts

Grazed from Cleveland Business.   Author: Timothy Magaw.

IBM announced late Monday, April 13, it had acquired Explorys Inc., a Cleveland Clinic spinoff that helps hospitals analyze patient data.  Financial terms of the deal were not disclosed. In a news release, IBM, the Armonk, N.Y.-based computer powerhouse, shared little of its plans for the newly acquired company other than to say than it is now part of the company’s newly launched Watson Health unit. The Watson technology, with which the Clinic has experimented in recent years, is perhaps best known for handily defeating some of the best Jeopardy! contestants of all time.

IBM also announced its Watson division will work with tech heavyweights Apple, Johnson & Johnson and Medtronic. In addition to the Explorys acquisition, IBM also announced it had purchased and Phytel, a cloud-based computer services company based out of Dallas…


As for Explorys, which the Clinic spun off in 2009, Crain’s reported in December the company had about 140 employees with plans to add 80 more this year. It is not clear how the IBM acquisition will affect those plans. The company’s cloud-computing platform is used by 26 health systems and other care networks in order to identify patterns in diseases, treatments and outcomes. Its network includes heavyweights such as the Clinic, Trinity Health, St. Joseph Health System, Mercy Health, Aventist Health System and others around the country…

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