Life Sciences

The life science industry has unique challenges and needs to develop innovative drugs and extend value to patients, payers, and providers. The incubation time for creating such value drivers needs to be minimum to maximize the return on investment. Digital and Analytics are indispensable forces to drive efficiency into any developmental agenda such as new drug development, patient engagement, commercial operations, and more. A well-conceived digital roadmap along with an experienced partner would derive laudable results.

DataTheta welcomes you to the world of Digital & Analytics.

Digital & Analytics landscape of Life Science Industry: Life Science industry Digital & Analytics (D&A) intervention has unique challenges in implementation and deriving meaningful results. Careful ideation, planning, and technology deployment are the pillars of success. Here we have presented the building blocks and essential components of the Life Science Industry specific D&A initiative.

1. Source of Data

Analytical Instruments, Laboratory Information Management Systems (LIMS), Business Productivity Software, CRO’s reporting Systems

2. Data Types

Structured, Unstructured, Semi-Structured

3. Data Platforms

OSI PI Soft, Aspens Tech, TCP/Ip, Scada

4. Data Challenges
  • Data are housed in multiple disparate systems
  • Contextualizing and indexing data is complex. Eg: gene sequence and DICOM images
  • Governance and compliance of data consistent with USFDA or EMA regulations
5. Intelligence Dashboards Created
  • Marketing: Commercial Campaign Intelligence trackers, Product launch and operational trackers
  • Sales: Direct Sales trackers, Indirect Sales trackers, Customer-to-revenue trackers, Proposal-to-sales trackers, Pricing tracker, Product level cost reckoners
  • Patient Services: Identification and lead conversion trackers, service delivery trackers, enrollment trackers, cost-to-serve trackers
  • Order Management tackers: Customer order cycle time, Order error trackers, Customer credit management, Agent request resolution trackers, Profitability trackers
  • Fulfillment: Account receivable trackers, time to collection trackers, rebates trackers, day sales outstanding reckoner

We are the real data people. We solve data challenges and build solutions for our customers.

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Our Competitive Edge

Modern business generates an enormous data that has valuable information about the business. This information can be used to remove inefficiencies in the existing operating model. Businesses are searching for the experts with experience to unearth the potential available in their data. DataTheta partners with such inquisitive and visionary stakeholders to power their business with data, technology, and mathematics.

Business

We understand your business, the market landscape you tread on and the priorities of your industry. This cognizance allows us to think coherently with your problems and provide data-driven solutions. Our structured maturity assessment and problem evaluation model evolved for your industry will provide laudable results.

Technology

Technology is our middle name. We are canny with technology stacks and tools that handle the data at any scale, speed, and structure. We focus on deriving business benefit, user experience and IT security and governance in our technological interventions.

Data

We understand the language of data. The data your business generates is waiting to tell you a story. DataTheta can understand the data story and present it to you vividly. This data story would be helpful to drive efficiency to your business operation and provide positive impact on your balance sheet.

Mathematics

DataTheta is astute in formulating your business problems with the flair of mathematical algorithms. Our trained applied mathematicians bring pre-formulated algorithms and accelerators for fetching insights in a least possible time that reduces your time-to-market.

Our Framework

Modern business generates an enormous data that has valuable information about the business. This information can be used to remove inefficiencies in the existing operating model. Businesses are searching for the experts with experience to unearth the potential available in their data. DataTheta

Your Digital & Analytics success is measured by the business benefits and fulfilling the stakeholders’ objectives.

The data pipeline automation further sustains the benefit from repeatable and error-free processes.

Your data assets need to be fortified with clear data governance and granular policies for data sharing. A scalable and proven data architecture is ensuring the continued success of the D&A initiatives.

DataTheta brings its experience, best practices, competencies, and accelerators to enable your business to achieve positive results through Digital and Analytics Initiatives.

  • Business Benefit

  • Data Pipeline Automation

  • Realtime Governanace

  • Tiered Data Sharing

  • Data function & Infrastructure

Cross Functional Team
Roles

Data & Analytics initiatives are not carried out by an individual department, it needs the support of a cross-functional team. The below leaders and their team can involve ensuring the success of the initiative.

CEO/COO

CEOs team understand the bigger picture of the business and sets the expectation and anticipated business benefits from D&A initiatives

CFO

CFOs and CDAOs works in tandem to progress the D&A organization from the standard reporting practices to data-based strategic planning. Also, ensure the finance organization extracts information rather than insights from operational data.

CMO

CMO may take the support of CDAO to understand the hidden insights on critical missions such as campaign optimizations, revenue forecasting, customer segmentation, etc.,

CHRO

CHRO and CDAOs may partner in the change management programs with data literacy as the bedrock of the initiatives.

Supply Chain Head

Supply chain heads works with CDAO to implement S&OP – integrated business planning initiatives. A pristine D&A roadmap is important to succeed as the data need to be trusted and clean for consumption. This is the cornerstone to measure OTIF and other metrics reliably.

Software Engineering Leader

SE leaders work with CDAO to deliver software capabilities for the D&A initiatives such as data ingestion from various data sources, enabling API consumption, etc. The new “Analytics first” implementations bring the CDAO and SE leaders together to drive innovative business processes in tandem with analytics capability.

CISO

CISO and CDAO works together on the IT security related aspects of the organization. Monitoring of critical assets behavior and predict the possible threats are the quite important areas to focus.

Your Industry has unique challenges, let’s chart a game plan to leverage your data assets

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Our Team

Checkout our featured resources to know about our thought leadership, cases studies and more. We are all ears for you. Let us discuss if you have any queries.

Easter Prince
Chief Technical Officer
Nancy Paulraj
Data Engineering Lead
Vinay Kumar
Senior Data Engineer

Resources

Checkout our featured resources to know about our thought leadership, cases studies and more. We are all ears for you. Let us discuss if you have any queries.

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From global engineering and IT departments to solo data analysts, DataTheta has solutions for every team.