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NAPEAN, ON, June 14, 2021 /24-7PressRelease/ --
EDMS Dentallytics™ is the only fully integrated, financially accurate, healthcare-specific enterprise data warehouse for the highly profitable North American dental industry which, according to IBISWorld is valued at approximately $139 Billion in the U.S. and $17 Billion in Canada. EDMS' cloud-based data analytics and visualization platform, which is both PIPEDA and HIPAA compliant, integrates, correlates, and normalizes clinical data, automating historically labour-intensive manual reporting processes that are prone to human error.
It allows instant access to operational and financial key performance indicators (KPIs) thereby helping dental practice owners and their employees turn their existing practice management system data into actional insights that improve productivity.
The OCMX™ is pleased to announce the listing of EDMS Dental Inc to its online portal which offers Investors and Advisors the ability to learn more about this exciting opportunity.
The OCMX™ has spent considerable time completing its due diligence on EDMS Dental Inc and concluded that there is indeed a tremendous potential for this opportunity.
The OCMX™ noted that EDMS Dental Inc exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
Where They Are Headed
Given the double-digit growth of rate of DSOs and the accelerating corporate consolidation trends in the dental industry following COVID-19, EDMS is seeking to add more enterprise customers through direct sales and channel partnerships. EDMS' primary competitor was strategically acquired by a Fortune 500 healthcare distributor in 2021 to allow that distributor to better serve the needs of the enterprise market.
The business case for other competing healthcare dealers to make a strategic acquisition of a similar nature to stay relevant in the consolidating dental industry where data analytics plays a more important role has never been greater. EDMS is well positioned for growth or acquisition as there are very few technology vendors in this market who have the technical expertise to aggregate data from multiple practice management software and turn that data into actionable insights for DSOs.
• Dentallytics™ is a fully integrated data warehouse which supports 20+ data languages vs. the 3 to 4 data languages that its competition supports
• EDMS is completing SOC 1 (System and Organization Controls), Type 1 certification by end of Q2/2021 upon which time the company will become the only SOC certified software company in the dental industry
• Our data governance model helps key stakeholders across the enterprise thus increasing the long-term utilization of our technology that translates into recurring revenues
• EDMS has established a strategic partnership with the largest privately-owned Canadian full-service dental distributor which provides the company with access to the customers of a company that has annual sales of more than $260 Million
Peter Evans – CEO
Peter is a lifetime entrepreneur possessing more than 30 years of IT industry experience spanning Enterprise Resource Planning, Business Intelligence and Data Analytics. Prior to starting EDMS, he founded one of Canada's largest Oracle ERP consulting firms where he served as CEO.
Gabriel Koerich – Director of Finance
Gabriel spent 7 years in Brazil working at a "Big Four" accounting/consulting firm and 5 years leading a new financial function in Brazil for Europe's second largest bank(HSBC) , all prior to obtaining experience in Canada as an accounting/finance professional. Gabriel has a BA Commerce an LLB (both Brazil), a CMC (Certified Management Consultant) and has recently completed an Executive MBA (Telfer School of Management, Canada).
Victor Ogunsanyo – Director of Analytics
Victor has been instrumental in developing the technology by which EDMS extracts and integrates data into its warehouse. He possesses a Bachelor of Science degree in Statistics, a Master of Science degree in Marketing Analysis and Applied Statistics and a Ph.D. in Computer Science.
Sina S. Amiri – Vice President, Strategic Markets
Sina is the newest edition to the EDMS management team. Sina brings over 15 years of multi-disciplinary business experience in the North American healthcare industry to the company. Prior to joining EDMS, he served as the Vice President of Clinical Operations at an M&A focused DSO backed by Canada's leading healthcare private equity firm, during which time he was personally responsible for the evaluation of multiple data analytics platforms which ultimately led to the successful implementation of EDMS.
ABOUT THE OCMX™
The OCMX™ is changing how companies generate exposure in the financial marketplace and raise funds as we know it. The OCMX™ serves both public and private companies in need of market exposure during financial raises. It does this by way of connecting the relevant companies with financial institutions all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
TD Canada Trust Tower
161 Bay Street, 45th Floor
Toronto, Ontario, M5J 2S1
Email: [email protected]com
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