DENVER, May 3, 2022 /PRNewswire/ — denverhealth technology leader Eon announced today that it has reached a total of 92 Crosslake IndicatorTech™ achieved in a recent information technology assessment, exceeding the industry average score of 70. Eon’s high score in three categories: information security, infrastructure and organization, ranked two deviations- types above average, placing them among the industry leaders in each of these areas.
The Crosslake team used the company’s patented platform and proprietary TechIndicators, based on data from thousands of previous technology investments, to assess the performance of the company’s cloud-based platform infrastructure. ‘Eon against industry benchmarks for information security, business continuity, software architecture and other technology operations assessments. . The rating is designed to help software vendors mitigate risk and enhance security, while allowing institutional investors to gauge the strength (or weakness) of a potential investment opportunity. Eon scored above the industry’s best scores or industry average in all six technology evaluation tracks.
Eon, founded in 2015, was one of the first health technology providers to use the cloud, then considered cutting-edge by an industry that struggled to keep software and hardware on-premises. Using the cloud, Eon has leveraged different technologies to create a technology stack that ranks best in class for infrastructure, networking flexibility, and universal translation of disparate systems, and surpasses the industry average in information security score of 27 points.
“Overall, we found Eon to have a mature and robust information security program with strong administrative and technical controls, making it an industry leader in this assessment category,” Crosslake said. in Eon’s diligence report. Eon’s uncompromising commitment to information security is backed by rigorous annual SOC2 Type II compliance audits.
Eon began valuation with Crosslake when the growth capital firm Integrity Growth Partners (IGP) was evaluating Eon for a recent investment. ryan andersonpartner, IGP, said, “We’ve worked with Crosslake for nearly a decade and use them to assess our potential partnerships. At the stage where we typically invest, a good product, technology and engineering organization typically gets a scoring close to the industry average on TechIndicators, with a few leads reaching the 80s and occasionally one reaching the 90s. Eon’s performance in the Crosslake assessment is, overall, the best report we have seen in one of our investments, and showcases the strength and capabilities of Eon’s product, technology and engineering team. It’s incredibly impressive.
Eon continues to build on its industry-leading platform by expanding the Eon product portfolio and investing additional resources in its artificial intelligence (AI) infrastructure to positively impact more patients. Now backed by industry-leading review scores, Eon will continue its mission to improve patient health and provide affordable healthcare.
Eon is a data science company that reduces variation in care and ensures compliance through patient capture, engagement, management and tracking. We’re on a mission to ensure the right data gets to the right people at the right time to improve patient health and make healthcare affordable. We believe that together we can challenge the disease.
Crosslake was founded in 2008 by an original member of Microsoft’s Engineering Excellence Team with the goal of helping changemakers buy, build and operate technology that creates value. Crosslake’s unparalleled community of technical practitioners – former CTOs, CIOs, architects and engineers – are adept at translating tech buzzwords into actionable, business-driven insights. Their seasoned judgment is backed by the proprietary Corsis® platform, which leverages data from thousands of past technology M&A deals to define objective, measurable TechIndicators™ on which private equity investors and management teams can support to propose strategic value creation initiatives and inform due diligence. Learn more about: www.crosslaketech.com