TORONTO – ThoughtWire, a leader in Operations Performance Management (OPM) for built environments, has announced it has formed a new advisory board. Members will bring their areas of expertise to fuel disruption and innovation aimed at transforming industries such as healthcare and commercial real estate.
Salil Munjal (pictured) is chair of ThoughtWire’s new advisory board as well as its board of directors; he is also managing general partner at Yaletown Partners, a leading venture capital firm. Munjal commented, “ThoughtWire’s technology is transformative – the company is making hospitals and commercial buildings significantly more efficient, thus enabling them to realize better outcomes for patients and workers.”
ThoughtWire’s advisory team will focus on uncovering opportunities in markets where the company’s OPM applications can solve big problems in improving outcomes for tenants, workers and patients. For example, the Department of Critical Care at Hamilton Health Sciences in Hamilton, Ont., implemented ThoughtWire’s Smart Hospital Suite for OPM, which consists of three applications: EarlyWarning, SynchronizedOps and RapidResponse.
Using Early Warnings and harnessing the power of patient electronic health records has helped hospital staff anticipate which patients may be at risk for code blue, resulting in a 60 percent reduction in cardiac arrests and unplanned intensive care unit admissions.
The application suites grew out of co-innovation with ThoughtWire’s customers. ThoughtWire will continue using that model to fuel R&D while scaling its new application suites.
Read the full article to learn more about the advisors.