Qpercom Company Profile

Background

Overview

Qpercom is a Software as a Service (SaaS) company specializing in digital scoring and virtual assessment systems. Established in 2008 as a spin-off from the National University of Ireland, Galway, Qpercom focuses on enhancing the efficiency, accuracy, and reliability of examinations, interviews, and recruitment processes. The company offers a comprehensive suite of assessment tools, including Objective Structured Clinical Examinations (OSCE), Multiple Mini Interviews (MMI), Multiple Choice Questions (MCQ), ePortfolio management, and online proctoring services.

Mission and Vision

Qpercom's mission is to advance assessment and measurement through innovative research and development, creating value-adding solutions that empower excellence in education and recruitment. The company envisions transforming traditional assessment methods by providing precise, data-driven, and quality-assured tools that streamline processes and improve outcomes.

Industry Significance

Operating within the educational technology sector, Qpercom addresses critical challenges in assessment, particularly in high-stakes environments such as medical and healthcare education. By digitizing and automating assessment processes, Qpercom contributes to reducing administrative burdens, minimizing human errors, and enhancing the validity and reliability of evaluations. Its solutions are utilized by numerous prestigious institutions worldwide, underscoring its significant impact on modernizing assessment practices.

Key Strategic Focus

Core Objectives

Qpercom aims to revolutionize assessment methodologies by offering digital solutions that are efficient, accurate, and accessible. The company's objectives include:

• Reducing Administrative Costs: By transitioning from paper-based assessments to digital platforms, Qpercom helps institutions decrease administrative expenses by up to 70%.

• Enhancing Accuracy: The platform minimizes human errors and provides instant feedback to candidates, ensuring more reliable assessment outcomes.

• Improving Validity: Qpercom employs advanced psychometric analysis for pre- and post-exam standard setting, ensuring assessments are both fair and effective.

• Facilitating Data-Driven Decisions: The system offers transparent, accurate data that enables educators and recruiters to make informed decisions promptly.

Areas of Specialization

Qpercom specializes in:

• Clinical Assessments: Providing solutions for OSCEs, which are critical in evaluating clinical skills in medical and healthcare education.

• Interviews and Recruitment: Offering tools for MMIs and other interview formats to assist in the recruitment of healthcare professionals.

• Examination Management: Developing systems for MCQs and Entrustable Professional Activities (EPAs) to assess theoretical knowledge and practical competencies.

Key Technologies Utilized

Qpercom leverages cutting-edge technologies, including:

• Cloud Computing: Ensuring scalable and secure access to assessment tools.

• Data Analytics: Utilizing advanced analytics for real-time data capture and psychometric analysis.

• Artificial Intelligence: Integrating AI to enhance assessment validity and reliability, particularly in remote settings.

Primary Markets and Conditions Targeted

Qpercom primarily serves:

• Educational Institutions: Universities and colleges, especially those with medical, nursing, and health sciences programs.

• Healthcare Recruitment Agencies: Organizations involved in the recruitment and assessment of healthcare professionals.

• Professional Certification Bodies: Entities that require reliable and valid assessment tools for certification processes.

Financials and Funding

Funding History

Qpercom has been privately funded since its inception in 2008. The company has not publicly disclosed specific details regarding its funding history or total funds raised. As a privately held entity, financial information such as revenue, profit margins, and funding rounds are not publicly available.

Utilization of Capital

While specific details on the utilization of capital are not publicly disclosed, it is evident that Qpercom has invested in:

• Product Development: Enhancing and expanding its suite of assessment tools to meet the evolving needs of its clients.

• Research and Development: Conducting research to advance assessment methodologies and integrate innovative technologies.

• Market Expansion: Establishing partnerships with international institutions to broaden its global footprint.

Pipeline Development

Key Pipeline Candidates

Qpercom's development pipeline includes:

• Enhanced Assessment Modules: Ongoing improvements to existing assessment tools to incorporate advanced features and functionalities.

• Integration of Emerging Technologies: Exploring the incorporation of machine learning algorithms and AI-driven analytics to further enhance assessment accuracy and reliability.

Stages of Development

Qpercom's products are in various stages of development, from initial research and development to deployment and continuous improvement. The company maintains a commitment to iterative development, ensuring that its solutions remain at the forefront of assessment technology.

Target Conditions

The company's solutions are designed to address:

• Assessment Validity and Reliability: Ensuring that evaluations accurately measure the intended competencies.

• Administrative Efficiency: Streamlining assessment processes to reduce time and resource expenditures.

• Data Security and Compliance: Adhering to data protection regulations, including GDPR, to maintain the confidentiality and integrity of assessment data.

Anticipated Milestones

Qpercom aims to achieve:

• Product Enhancements: Regular updates to existing tools to incorporate user feedback and technological advancements.

• Market Expansion: Entering new geographical markets and sectors to broaden its client base.

• Strategic Partnerships: Forming alliances with educational and healthcare institutions to enhance product offerings and reach.

Technological Platform and Innovation

Proprietary Technologies

Qpercom's proprietary technologies include:

• Qpercom Observe: A digital platform for conducting and managing OSCEs, facilitating real-time data capture and analysis.

• Qpercom Analyse: An integrated analytics tool that provides psychometric analysis and reporting capabilities.

• Qpercom ePortfolio: An electronic portfolio system that allows candidates to manage and showcase their qualifications and achievements.

Significant Scientific Methods

Qpercom employs:

• Psychometric Analysis: Utilizing statistical methods to ensure the reliability and validity of assessments.

• Standard Error of Measurement: Incorporating this statistical concept to account for variability in assessment scores, enhancing decision-making processes.

AI-Driven Capabilities

The company integrates AI to:

• Enhance Assessment Validity: Improving the accuracy and fairness of evaluations.

• Automate Data Analysis: Streamlining the processing and interpretation of assessment data.

• Facilitate Remote Assessments: Ensuring the integrity and security of assessments conducted in virtual environments.

Leadership Team

Executive Profiles

• Dr. Thomas Kropmans: Chief Executive Officer (CEO)

Background: An academic in Medical Informatics, Dr. Kropmans co-founded Qpercom in 2008. He serves as the CEO, overseeing the company's strategic direction and operations.

• David Cunningham: Chief Technology Officer (CTO)

Background: Co-founder and CTO, Cunningham leads the technology team, focusing on product development and innovation.

• Enda Griffin: Senior Sales and Client Manager

Background: Griffin manages client relationships and sales strategies, ensuring customer satisfaction and business growth.

• Sean: Chief Financial Officer (CFO)

Background: Responsible for financial management, Sean ensures the company's financial health and strategic financial planning.

• Kelvin Nunn: Information Security Manager, Sales, Client Manager

Background: Nunn oversees information security, sales, and client management, ensuring compliance and client engagement.

• Gabia: Educational Assessment Analyst, Sales

Background: Gabia conducts research to improve educational practices and supports sales initiatives.