Ilerasoft operates in the healthcare technology sector, providing advanced analytics and recommendations to improve the utilization and operational efficiency of medical equipment. The company's core product is the Efficiency Score, a unique metric akin to a credit score for medical equipment. This score is derived from an algorithm that combines various data points with actual utilization data, tailored to each hospital and patient population. Ilerasoft's API integrates with hospital systems such as RTLS, purchasing, and asset management solutions to extract relevant data. The Efficiency Score helps healthcare managers make informed purchasing and operational decisions by benchmarking their scores against industry averages and best-in-class standards. Ilerasoft primarily serves hospitals and healthcare facilities, aiming to optimize their capital budgeting and operational processes. The business model revolves around providing a subscription-based service for access to their analytics platform and API. Revenue is generated through these subscriptions and potentially through partnerships with other healthcare technology providers.

Keywords: Efficiency Score, medical equipment, healthcare analytics, operational efficiency, capital budgeting, RTLS integration, data-driven decisions, hospital management, utilization metrics, healthcare technology.