In today’s day and age, pharma and life sciences industry is witnessing data deluge. Data is being continuously generated by the proliferation of various sources such as personal medical devices, social media, electronic medical records, and more. With such a humongous amount of data available in the field, analytics has the potential to transform the industry. It can have a profound impact in many significant areas including strategising the intent of the patient to real world results, early detection of treatment and prescription patterns and accomplishing the operational excellence to drive through the intellectual journey of the patient. Additionally, actionable insights obtained from the data sets, can help in making informed decisions, create new products, enhance customer experience, and bolster operations.
Although analytics is being widely adopted across the industry, many loose ends remain that require an expert to fix them. The need for better tools and processes to make the industry players understand their customer needs still exists. Besides, missing out on analytics-driven insights is affecting the real-world impact of their business strategies and transforming into substantial losses in a few cases. Hence, the need arises for a skilled partner to internalises the insights generated from analytics into an organisation's day-to-day operating model and track execution against strategy.
To assist organisations in choosing the right partner, Pharma Tech Outlook has compiled a list of Top 10 Pharma and Life Sciences Analytics Service Providers in Europe for the year 2019. We are glad to feature companies such as GenomeScan. The Netherlands-based company offers a broad portfolio of customisable next-generation sequencing technology-based solutions for pharma, biotech, and academic institutions. While, the magazine also features LucidQuest that captures the best of primary research and data analytics to offer fast, reliable and forward-looking insights for customers. Agfa Labs, another company on our list, on the other hand, provides a state-of-art research facility for analytical and development services.
With several innovative technological capabilities and success stories, these organisations are continually proving their mettle in the field of pharma and life sciences industry. We hope this edition of the Pharma Tech Outlook helps you build robust analytical strategies.
We present to you Pharma Tech Outlook’s “Top 10 Pharma and Life Sciences Analytics Service Providers Europe - 2019.”