QMP Health Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by QMP Health and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 45 QMP Health employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that QMP Health has purchased the following applications: Oracle Autonomous Data Warehouse for Data Warehouse in 2018, Oracle Analytics Cloud for Analytics and BI in 2018, Oracle Autonomous Database for Database Management in 2018 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems QMP Health is running and its propensity to invest more and deepen its relationship with Oracle , Akamai , Citrix or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing QMP Health revenues, which have grown to $5.0 million in 2023, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for QMP Health intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

About the Customer

Quality Metrics Partners (QMP) is a Dallas based healthcare holdings company specializing in ancillary service management. 

Scope and Challenges

Oracle Autonomous Data Warehouse Cloud is built on groundbreaking self-driving, self-repairing, self-securing technology. It is easy to use, self-tunes, scales elastically and delivers extraordinary query performance.

The fully autonomous operation removes the need for IT pros to perform routine administration, making it a very cost-effective solution, while machine learning algorithms automatically improve security, reliability, and performance.

Outcome and Implications

QMP’s CAREiQ platform now circumvents manual processes with Oracle Autonomous Data Warehouse Cloud. Oracle’s fully managed data-warehouse service is self-driving and self-repairing, with patches and upgrades applied automatically without any human intervention, helping QMP eliminate manual, error-prone management processes.

Routine management tasks such as provisioning, patching, backups, tuning, and applying security patches are automated. The new platform enabled QMP to avoid hiring a projected 15 to 20 additional analysts per laboratory
to manage its growing data, saving the company hundreds of thousands of dollars in employee costs. It also empowered the company to scale seamlessly and grow much faster than its competitors. 

The company also implemented Oracle Analytics Cloud to empower the Analytics and BI sight of QMP even more.

Quotes

“We are working with Oracle to combine analytics with blockchain, artificial intelligence, and IoT to make this a much more comprehensive solution. Oracle’s autonomous technology has been quite a paradigm shift for our DBA. Now we don’t need to have a DBA constantly involved in managing the system. We can grab the data we need from another database, another cloud service, or lab files, and then load it directly into the warehouse. Oracle establishes the architecture and manages
the process—and it’s actually more efficient than what our DBAs constructed."-said Steve Chamberlin, CIO of QMP. 

"Now, the benefit of using Oracle's tools and combining that with what we're doing in the laboratory space in healthcare is that millions of people should not have to wait that long for results."- said Michael Morales, CEO of QMP Health.