Last decade has seen an explosion in the availability of data that can deliver valuable insights for the pharmaceutical sector–from Electronic Medical Records and clinical trial data to medical claims and patient behavior data. All these information types are part of the large and complex data sets that can be vital for pharma to embark onto analytics for driving better services and make informed decisions.
Although, the inherent costs and challenges that come with harnessing large sets of information in varied formats have caused the pharmaceutical sector to embrace analytics slower than other industries. The pharma industry on the other hand, recognizes the huge potential that analytics holds for providing critical insights that could have a major impact on clinical programs as well as commercial activities.
With the growing traction of predictive and prescriptive analytics in the pharma space, the industry has grown more receptive and intrigued of the immense potential that the technology can offer to it. As analytics applications in pharma have evolved from basic reporting and dashboard creation to regulatory compliance reporting, marketing/sales support, and product/service enablement, the current day pharma is looking to venture into a new level of sophistication in analytics technology.
This edition of Pharma Tech Outlook brings you the “Top 10 Analytics Solutions Providers – 2019”. The list features some of the most prominent organizations in the industry that have excelled in their services and product portfolio in the pharma analytics. The list is aimed at bridging the gap between pharma companies and analytics solution providers that are leading space with their technology prowess.