That number is still growing: Explorys had 48 open positions as of Feb. 24, the vast majority of which will be based in Northeast Ohio. The company plans to hire at least 80 people this year, according to CEO Stephen McHale.
Explorys' growth shows how committed IBM is to making Northeast Ohio a key cog in its grand plan to transform the health care industry through data analytics, McHale said.
“This is it. We're going to really make sure Cleveland is on the map,” he said.
For the record, the Cleveland Clinic spinoff company did predict that it would hire 80 new people. It said so in a news release issued in December 2014.
Then, five months later, IBM bought Explorys and incorporated the company into its new Watson Health business unit.
At the time, executives from both companies said that IBM bought Explorys with the intention of expanding the business here in Cleveland.
Granted, those kinds of statements sometimes are just lip service: It's not hard to find examples of local tech companies that stopped growing or closed their local office after getting bought by a larger company. In this case, however, Explorys is actually growing faster than it did before the acquisition.
So what's driving the company to hire employees in every department and take additional space at its Euclid Avenue headquarters?
For one, when IBM bought the company, 26 hospital systems were using Explorys' software to analyze anonymous patient data, with the goal of conducting research or improving care.
That number is “far out of date” today, according to McHale, who wouldn't give a specific number.
“And the ones we've been signing are mega systems. We signed one that's so big — people will be pretty excited about it,” he said.
Plus, now that Explorys is part of IBM's grand plan for transforming health care, the Cleveland company needs “to build the appropriate staff to scale … worldwide.”