InterSystems Corporation

InterSystems Corporation is a privately held global provider of advanced software technologies for data management, integration, and analytics. Founded in 1978 by Phillip T. Ragon, the company's mission is to deliver high-performance, cloud-first platforms that enable organizations in critical sectors to make better decisions from their data. Headquartered at One Congress Street in Boston, Massachusetts, InterSystems serves customers worldwide with a focus on excellence and customer success.

The company's core product offerings include the InterSystems IRIS Data Platform, a multi-model data platform designed for high-performance applications with built-in interoperability and analytics capabilities. For the healthcare sector, InterSystems provides InterSystems IRIS for Health, HealthShare for unified care records and interoperability, and TrakCare, a comprehensive healthcare information system primarily sold outside the United States. Additionally, InterSystems offers solutions for supply chain management, such as InterSystems Supply Chain Orchestrator, and development tools like InterSystems Data Studio, catering to industries including healthcare, financial services, government, and logistics.

InterSystems has demonstrated strong market positioning, surpassing $1 billion in annual revenue in 2023 and reaching over $1.1 billion in 2024. Phillip T. Ragon remains the Founder and CEO, with Don Woodlock appointed President in January 2026 to oversee daily operations, allowing Ragon to focus on strategic business and technology guidance. The company's technology is critical in managing over one billion patient records globally and processing billions of real-time financial transactions daily. Recent accolades include four 2026 Best in KLAS Awards, and the company continues to innovate, as evidenced by the launch of InterSystems Payer Connector and collaborations like the integration of HealthShare with Google Cloud's Healthcare API.