company began over a decade ago at MIT’s Sloan School of Management
when a group of pioneering researchers began a quest to determine
how to use information technology to create new ways of managing
work. These MIT researchers developed an innovative process repository,
the “Process Handbook” which now includes knowledge
about over 5000 business processes and activities. It also includes
a variety of software tools to edit and view this knowledge base.
We at the Phios Corporation have an exclusive commercial license
from MIT for the intellectual property resulting from the Process
Handbook project. In addition, the key researchers who led the project
at MIT are co-founders of Phios.
Founded in 1996, Phios privately financed and headquartered in Cambridge, Massachusetts.
Phios believes that the next big opportunity in information technology
is to help companies manage their processes and
their knowledge more effectively, in the same way that earlier
technologies have helped many companies manage their data more
effectively. In fact, we are convinced that many successful companies
in the 21st century will devote as much attention to managing their
they currently devote to managing their products.
As more companies move in this
direction, they will need more systematic ways of managing their
We believe that electronic repositories, which provide consistent and
easy to use collections of processes and knowledge,
are critical tools for leveraging a company’s business intelligence
and process “know how”. They are the cornerstone of our software
products and drive our approach to providing professional services for
our clients. It is through their use we are able to help our clients
dynamically manage processes and knowledge
and build more effective businesses.