eLoomix, LLC, Signs Exclusive Licensing Agreement with OHSU

eLoomix, LLC, Signs Exclusive Licensing Agreement with OHSU

eLoomix, LLC, a Portland-based startup in the enterprise-automation space, has signed an exclusive licensing agreement with Oregon Health & Science University to develop and market business process-improvement and re-engineering services based on Computational Integration (CI) technology.Originally conceived, developed, and reduced to practice for OHSU biomedical workflows, CI is applicable to any knowledge-driven, data-intensive activity or process. The skill and expertise of individual workers are captured computationally in dynamic fashion to rapidly refine and automate routine tasks, thereby “tuning” the balance of work between people and technology.At OHSU, CI was shown to increase productivity of biomedical work by 60% while reducing time spent on data entry from 40 to 15% of the workday. When emancipated from keyboards and screens through CI, staff experienced greater satisfaction in their work while concurrently reducing their rate of error and irregularity. In other words, CI materializes the culture of innovation sought by organizations forced to compete with ever-increasing pace in more turbulent markets. Additional CI benefits include dramatically reduced software development expense, critical institutional knowledge captured in computable format, and a greater institutional resilience that comes with people and technology doing what each does best.Dave Lawrence, eLoomix principal founder, explains that "Our inspiration is helping organizations and their members tackle practical challenges they face at work - like bottlenecks, time sinks, and pain points – really anything that can be done better, more efficiently, or less stressfully. We also provide an analytical framework to measure and track various CI dividends, with an eye toward rigorous determination of RoI. CI transforms enterprise operations and work design into evidence-based processes, monetizing the typically large gap between how people work with existing enterprise technology resources and how they would work in ways that advantage their particular personal skills, experience, and insight. You can think of it like your smartphone and the way you’ve personalized it to maximize your utility. It’s in this way that CI allows employees to get the most from themselves and the institutional resources used in their work – benefits we’ve proven to make a tremendous difference at the bottom line.” "Leveraging CI to drive better business outcomes and improve job satisfaction has intriguing implications for the innovation economy in our region," says Skip Newberry, Technology Association of Oregon President & CEO. eLoomix is currently expanding its initial client base through discussions with pharma and contract research organizations regarding CI specific pilot implementations, growing organically into spaces similar to those currently served. Complementing this thrust is an initiative to explore CI applications and opportunities beyond biomedicine. Lawrence says “For instance, we’ve reduced the labor cost of biomedical workflows by 25% - this is enormous, frankly. One can’t help but wonder what sort of returns are waiting in other industries, and we’re compelled to find out.”About eLoomixeLoomix is inspired to drive dramatic improvements in knowledge-driven work for all stakeholders, supercharging a culture of innovation and bolstering enterprise resilience, while burnishing the bottom line. Their proprietary Computational Integration (CI) technology allows companies to maximize returns to investments in human and technological resources, to find the highest and best use for both. CI is humane and inclusive, a new paradigm for IT and a New Deal for people and technology – something eLoomix calls Software as Collective Intelligence.For additional information, contact info@eloomix.co

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