Cardinal Health, a Fortune 19 company, has selected Datameer solutions to provide big data insights to its business services customers.
Cardinal Health provides medical and pharmaceutical products to over 60,000 customers. For these customers, the company wants to provide a solution that can quickly offer insights into both structured and unstructured information.
According to Neeraj Kumar, VP of information and integration architecture for Cardinal Health, the company needed a solution that fit two major requirements.
"Cardinal Health required an option that would meet business users' requirements to view and pivot data in a simple spreadsheet format," Kumar explained. "To meet scalability needs, we had to have the ability to leverage the big data platform for data processing rather than invest in large servers. Datameer met both those requirements."
Datameer CEO Stefan Groschupf cites healthcare as one of his company's fastest growing business verticals. He also notes that the healthcare industry's transition to evidence-based care and ACOs means major growth for big data in general.
"Cardinal Health is a perfect example as a large, distributed organization that creates a lot of important data that, if pulled together and analyzed, can really make a difference in people's lives," said Groschupf. "We're thrilled to be the tool that lets Cardinal Health's business users harness and make sense of their data, which in turn will help improve the lives of their customer's patients."
Datameer has tripled its revenue over the past year, according to Venture Beat. The company's advantage is the way that it helps healthcare organizations to visualize their data quickly and easily by releasing insights in an easy-to-understand spreadsheet format.
Venture Beat estimates that Datameer's revenue will hit $10 million by Q3 thanks to not only healthcare customers but also big names like Sears and Visa. Datameer also services four of the world's five largest banks in addition to gaming firms like Kixeye and Kabam, the U.S. government and three out of the four largest credit card companies in the world.
Datameer has raised $17.8 million in venture capital from firms including Redpoint and Kleiner Perkins.
Edited by
Ashley Caputo
