Healthcare Technology Featured Article

January 06, 2016

SHYFT Doubles Size in 2015

SHYFT, a healthcare-focused analytics company,  has a major reason to celebrate. In 2015, the company reports that it grew its customer and employee base by 100 percent. This comes less than 20 months after SHYFT analytics raised its first round of growth capital. The company is a leader in the field of guided analytics and cloud data management in global life sciences. The company now has over 100 employees and twice the number of subscribers as it had just a year ago. The new customers include an impressive roster of big pharma companies and biotech firms that are emerging in the market. SHYFT provides a SaaS platform for delivering intelligence on demand that is highly available throughout the web.

To accommodate all of these new employees, the company also expanded its office space from 12,000 square feet to 25,000 at its Waltham, Massachusetts headquarters. The company also plans to expand operations and offices to the West Coast and New York City in the year ahead.

SHYFT CEO and Founder Zackary King adds:

"The life sciences industry is evolving quickly as new and rich data has enabled transformative change… Whether our customers are bringing new drugs to market or delivering better patient outcomes, they are laser focused on increasing efficiency and agility and we are excited to help them achieve their goals."

SHYFT has been providing analytics and data-management tools and features that are entirely based in the cloud. Clients utilize the company’s platform to gain business intelligence and actionable insights from a variety of information points and integrations into existing information systems. These insights allow customers to respond with better treatments on behalf of patients that transcend into medicine, service, and accuracy.  

Edited by Kyle Piscioniere

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