To only see innovation as “a product” would be myopic. New services, processes, alliances, and business models equally contribute toward making a meaningful innovation ecosystem. However, there are 4 significant barriers to operational innovation namely - #1 Data Silos Within Organization. #2 Data Silos Across Organizations. #3 Rigid Data Model. #4 Unreliable & Out-of-Context Data. Data-driven applications built upon a Modern Data Management Platform help transcend these barriers and put all business users at the helm of growth, innovation, and digital transformation trajectory.
The combination of modern data management and data-driven applications will dramatically change the way organizations manage their suppliers. Business leaders must take a holistic approach to digital transformation for revamping their supplier ecosystem and staying competitive in today’s global market.
There is no better time than now for the pharma & medical device companies to modernize their product information management and comply with IDMP (Identification of Medicinal Products). Non-compliance might result not only in hefty penalties but also in poor operational efficiencies. Using a next-gen data management platform...
Over the last year, we have invested a tremendous amount in resources and cost to ensure that our platform compliance meets both industry and geographic-specific regulatory and compliance requirements. We anticipated the need for companies to want to use Reltio for data (e.g. Patient data) under HIPAA compliance, and were determined to go through the rigor and challenges to achieve full HITRUST CSF certification.
Clean data is as important as clean water and consumers expect it to be delivered with just as much consistency and reliability. Unclean, unsecure, and siloed data can kill the next-gen innovation ecosystem. A Modern Data Management platform helps you to harness the power of your (and others’) data to catalyze all disruptive innovations and make your business truly customer-centric and profitable.
The Society for Information Management (SIM) 2016 IT Trends Study highlighted important IT topics including priorities, budgets, salaries, skill needs, headcounts, performance measurement and how IT executives spend their time. The following is a list of top ten CIO concerns as summarized by Information Management, including how a modern data management platform can address them all.