6 TECH OUTLOOKAPRIL - 2019Copyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.APRIL - 19 - 2019, Vol 03 - 03 Published by ValleyMedia Inc. To subscribe to Pharma Tech OutlookVisit www.pharmatechoutlook.com Editor-in-ChiefStacey SmithVisualizerAsher BlakeJohn GouthamEditorial StaffAaron Pierce Ava GarciaJenna VegasJoshua ParkerJustin SmithPranav SudhakarSalesKatherine Joneskatherine@pharmatechoutlook.comPhone: 510.996.5173EditorialStacey Smith Editor-in-Chiefeditor@pharmatechoutlook.comAnalytics solutions have grown tremendously over the last decade, specifically in their sophistication and resulting business impact. Application of pharma analytics ranges from basic reporting and internal dashboard creation to high-end predictive and prescriptive analytics. The key application of analytics in pharma includes regulatory compliance reporting, marketing/sales support, and product/service enablement. The third party analytics services market for healthcare is expected to increase by over five times its current size by 2020. Today, however the market is in a fairly nascent stage and there are significant challenges, such as poor data integration, lack of investment in talent and technology, and limited stakeholder alignment, impacting this industry. However, the best practices are emerging to help overcome these challenges and push pharma analytics ahead on to rapid growth. The modern pharma companies are coming around the benefits of strigent regularory regime by realizing that the foundation of data, people and technology created by the need to neet the regulatory requirements is a boon to derive insights through analytics. Also a multitude of pharma entities are migrating to digital records, leading to higher standardization and ease of integration. Moreover advancement in text and voice analytics is further helping in converting notes and recordings made by practitioners into structured digital formats. Helping these pharma entities to get more in familiar with such emerging industry practices, we are featuring a list of Pharma analytics experts that bring groundbreaking analytics solutions specific for pharma space. through this edition we help our readers zero down on companies that they can rely on while opting for analytics solutions that can enable their pharma operations and yield results in the long run. We also bring you some informative pieces of Pharma Analytics and insights of its application from the industry leaders to build a better perpective on some of the modern solutions in the market. How Analytics is changing the Pharma Status QuoTECH OUTLOOKTECH OUTLOOK*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffAPRIL - 19 - 2019PHARMA ANALYTICS SPECIALsales@pharmatechoutlook.comeditor@pharmatechoutlook.commarketing@pharmatechoutlook.comEmail:Contact Us:Phone:510.556.2402, Fax:510-894-8405
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