CAMBRIDGE, Mass.--(BUSINESS WIRE)--Co3 Systems, the leader in Incident Response Management Systems (IRMS), announced today that one of its customers, IOD Incorporated, won the Frost & Sullivan 2015 CIO Impact Award for Data and Network Resilience. The award recognizes leaders that enable breakthrough new business models and strategies through the innovative use of transformative technologies.
As a provider of full-suite health information management (HIM) solutions to hospitals, healthcare systems and clinics, IOD is responsible for protecting the sensitive customer information it holds, and complying with the industry’s regulatory standards, specifically HIPAA and HITECH, which is critical in today’s industry where data privacy and security are of the utmost importance.
IOD leveraged the Co3 Systems platform to transform its entire incident management process, which previously relied on email, documents and spreadsheets. For clients like IOD, Co3 Systems streamlines the incident response and notification processes, increases collaboration with customers and employees, and optimizes the reporting process for regulatory agency audits.
“For our business, privacy incident response and communication is more than an operational task – it’s an essential part of our business model, and the service we provide customers,” said Bill Sweeney, Chief Technology Officer at IOD. “With the efficiencies and agility we gained with Co3’s platform, we’re able to protect sensitive information and collaborate with customers faster and easier than ever before.”
With Co3, IOD’s privacy team is able to collaborate through a single, standardized platform – with little training. This ensures that IOD’s incident response procedures are backed by industry best practices and an industry-leading regulations knowledgebase that is updated in real time.
“Sustaining customers’ trust is a top priority when a security incident strikes – and doing so requires dedication to proactive and effective communication,” said John Bruce, CEO at Co3 Systems. “By streamlining IOD’s incident management with our consistent and compliant system, the company is ensuring its relationships with customers remain resilient in the face of security concerns. The recognition IOD is receiving from Frost & Sullivan for this critical achievement is well-deserved.”
IOD was honored at a gala event on February 10, at the Hyatt Regency in San Francisco, California, in association with the 3rd Annual ConNEXTions 2015: A Frost & Sullivan Executive MindXchange.
“IOD, Inc.’s innovative, proactive approach to safeguarding the private information entrusted to it by its healthcare clients made a significant impression on the CIO Impact Awards judges,” said Jeff Moad, executive editor and research director at Frost & Sullivan. “With help from Co3 Systems, IOD was able to put into place and manage consistent privacy incident notification processes that not only satisfied regulators but, more importantly, delivered greater value to clients.”
About Co3 Systems
Headquartered in Cambridge, Mass., Co3 Systems leads the market for Incident Response Management Systems. Co3's platform helps organizations prepare, assess, manage, and mitigate security incidents. Co3 is the global standard for how organizations manage incident response with customers that include top 5 accounts in financial services, technology, engineering/construction, healthcare, and IT Services – across the U.S., Europe and Asia. For more information, visit www.co3sys.com.
About IOD Incorporated
IOD, a leading health information management company with more than 30 years of industry experience, combines innovative technologies and services to streamline workflows, maximize productivity and reduce costs for hospitals, healthcare systems and clinics worldwide. As a result, 2,700 healthcare organizations rely on IOD’s PRISM® platform and supporting services to transform and deliver meaningful health information to the right people at the right time in the right format. To learn more about how IOD helps healthcare organizations achieve their operational and financial goals, visit www.iodedge.com.
About The CIO Impact Awards
The CIO Impact Awards honor enterprise teams and individuals that are enabling breakthrough new business models and strategies through the innovative use of transformative technologies. Each nomination is entered into one of eight technology-specific categories and evaluated by a panel of expert Frost & Sullivan judges. All eight categories are for outstanding projects completed by an enterprise IT team. CIO Impact Award winners will be those projects receiving the highest scores from the Judges. There will be several winners in each category.
In addition to selecting winners in each awards category, Frost & Sullivan will honor two CIO Innovators of the Year from among all project Award winners. These winners are CIOs whose teams had the most positive impact on their enterprises’ strategic innovation, and who delivered a significant competitive advantage. The CIO Innovators of The Year along with the top-scoring project in each category will be announced at the 3rd Annual ConNEXTions 2015: A Frost & Sullivan Executive MindXchange & CIO Impact Award Gala, taking place February 8-10, 2015 at the Hyatt Regency San Francisco, California.
The theme for the 3rd Annual ConNEXTions 2015: A Frost & Sullivan Executive MindXchange is “Raising the Bar on CIO Leadership.” The event enables senior-level executives to embrace their increasingly strategic role as CIO, while building an action plan to reap more value from information technology investments.
CIO Impact Awards Winners will be presented with their award at a gala on the final day of ConNEXTions, February 10, 2014, and will be recognized as global IT leaders.
For more information on the Third Annual ConNEXTions: A Frost & Sullivan Executive MindXchange, go to: www.bestinformationtechnologyevent.com.
For more information regarding the CIO Impact Awards & Gala, please go to: www.frost.com/cioawards.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. http://www.frost.com