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The dramatic improvements in computing capacity, both in terms of raw computational power as well as architectural advancements including Industry 4.0, have profoundly altered the data analytics landscape.
Although it may not be directly evident, the effects of this shift manifest themselves in various aspects of our day-to-day lives. To achieve the fundamental goal of improving the quality of healthcare and patient lives, the field of advanced analytics is becoming a critical enabler.
The advancement of data computing power along with cloud architecture has made it both technically and economically feasible to manage the exponential growth of data across the life sciences and healthcare industry ecosystem.
The advancement in the precision medicine, including new and innovative therapies like biologics, RNA, gene therapy, and CAR-T, combined with digital health initiatives, are providing new opportunities to improve patient lives, which could not have been imagined 10 years back.
With patient being the real customer, these treatments also have a very complex patient journey life cycle. This requires generating insights from billions of data points collected across the treatment pathway both during the treatment and several years post treatment to assess the effectiveness of the treatment, cure, and adverse events.
At RxDataScience we believe that the challenges faced by the Life Sciences and Healthcare industry are very unique based on their specific sub-sector. We bring relevant industry and domain expertise combined with our deep analytics, data science, and technology expertise to support our clients on their analytics journey.
We deliver based on a highly customer-focused and tailored approach in a flexible and agile model. Our unique methodology is based on asset-based consulting and services that leverage RxDS platform and products and drive long-term value to our clients.
We have prioritized the following sub-sectors within Life Sciences & Healthcare as the primary focus:
RxDS Key differentiators include the high customer focus and the agile/dynamic approach of the solution which has been a critical requirement to rapidly generate real-time insights.
Analytics Enabled Business
|Business Process Optimization||Industry 4.0|
|How will we measure the
success & business value?
|Blockchain for contracts, patient
consent, data query
|How will this help us differentiate?||EMR Data Integrated Insights|
|Outcome & KPI||IoT, Devices, Sensors, Wearable|
|Automate & Workflow||Advanced Analytics - Predictive,
|Org. Culture, Change
Management & Talent
|Digital Marketing, Patient
Finder & Access
|Data Late - Data Sources, Data
Capture, Integrate, Data Quality
|De-centralized & Virtual
|When will we get there? Maturity
model, Roadmap (gaps, priority
speed, & sequence)
|Real-World Evidence (RWE)|
|Supply Chain Control Tower
|Remote Patient Monitoring|
|Supply Chain Traceability &
Translational Medicine and Clinical - Leveraging data, analytics and technology to accelerate the drug discovery and research, including enhancing the outcome of the clinical trial.
Quantitative and Systems Pharmacology (QSP) is an emerging discipline within translational medicine, focused on identifying and validating drug targets, understanding existing therapeutics, and discovering new ones.
Clinical DataLake (CDL) allows integration of disparate data across multiple sources, enabling new capabilities
Clinical Data Lake and Analytics Capabilities
Level 1 & 2 KPI, Thresholds, Alerts, and Exception Tracking
“RxDataScience’s customer service focus in just fantastic. They are incredibly responsive to requests, and, in the rare instance an issue arises, the team is very proactive about communicating resolution timelines. I have worked in the industry for 20+ years and my experience with RxDataScience has ranked among my top data & analytics vendor experiences.”
Global Pharma Company
“The RxDataScience team brings agility, advanced capabilities and technology we simply cannot get from the other top consulting firms.”
Top 10 Pharma
“Vendors like to talk agile and use the latest buzzwords, but the RxDataScience team has Agile as part of your DNA. We benefit from it everyday working with your team”
Orphan Drug Company