Life Sciences

Patient 360: Molecule to Market

Patient 360: Molecule to Market

The rise of the Chief Patient Officer and the “P–suite” emphasizes a commitment to a culture around patient-centricity across life sciences companies. Patients are becoming increasingly demanding and taking greater control of their own healthcare decisions. They expect all relevant parties like pharma, providers, and payers to collaborate and recommend the best treatment options.

Aren’t we a Perfect Match?

Aren’t we a Perfect Match?

Having worked in data management for the past 23 years, with most of that time in MDM, I thought I had seen it all. Traditional 20th century MDM has certainly seen its ups and downs throughout its short history, but what excited me about joining Reltio was the idea of starting with a clean slate and building a 21st century Modern Data Management solution from the ground up. A solution that not only revolutionizes MDM, but goes beyond the basic single version of the truth.

Efficient & Compliant Business with Trusted Reference Data Management (RDM)

Efficient & Compliant Business with Trusted Reference Data Management (RDM)

The value of reliable reference data cannot be undermined. Due to the nature of IT application development and the reliance upon off-the-shelf application systems, reference data is all too often isolated in silos within many different systems. Inconsistent reference data across multiple systems can cause invalid transactions, revenue leakages and compliance risks.

Big Data in Life Sciences. Blessing or Curse?

Big Data in Life Sciences. Blessing or Curse?

Whether Big Data in life sciences is a blessing or curse depends on whether the organization repeats the same mistakes, or proceeds down the wrong path to obtain much desired insight. Read on to find out the mistakes to avoid.

Get ‘IDMP Ready’ with Modern Data Management

Get ‘IDMP Ready’ with Modern Data Management

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 (as high as 5% of annual EU gross revenue) but also in poor operational efficiencies. Experts advise to kick-off the IDMP initiative now and reconfigure the data model later when the final guidelines are published.

Why did a Horizontal Modern Data Management Provider Invest in HITRUST CSF Certification?

Why did a Horizontal Modern Data Management Provider Invest in HITRUST CSF Certification?

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.

Dynamics between the CDO & the CIO: The Case of a Major Pharmaceutical Company

Dynamics between the CDO & the CIO: The Case of a Major Pharmaceutical Company

This was a great session, and worth the price of admission to the MIT CDO conference alone. Credit Richard Wang for bringing Daniel and Mark together as their time is obviously precious. Some key takeaways from my perspective were the need to balance speed of execution with reliable data quality. And the agility that a large company such as GSK has been able to achieve by getting alignment, and addressing security and governance issues as they surface.

Flexible Hierarchies for Product Brand Management in Life Sciences

Flexible Hierarchies for Product Brand Management in Life Sciences

For life sciences, MDM of product data should form a part of an overall data management strategy that encompasses the management of multiple master data domains and entity types. It is therefore important to leverage a solution that is not only multi-domain capable out-of-the-box, but provides a built-in architecture to relate and connect all domains seamlessly.

Why Life Sciences Must Go Beyond Master Data Management (MDM) .... Again ... with Big Data Analytics

Why Life Sciences Must Go Beyond Master Data Management (MDM) .... Again ... with Big Data Analytics

The most popular consumer facing applications today such as LinkedIn and Facebook have shown that business facing data-driven applications can be cloud-based, handle multiple data domains, manage structured, unstructured, master, transactional, activity and social data. Companies should expect complete end-to-end modern data management delivered as Platform as a Service (PaaS) instead of relying on recurring "next generation master data management" promises that remain unfulfilled.

Fulfilling the Promise of the 360-degree View of the Patient

Fulfilling the Promise of the 360-degree View of the Patient

With life sciences companies needing to embrace patient-driven partnerships with providers, payers, advocacies, specialty pharmacies, KOLs and advisory boards to deliver viable solutions to the patient community, there is one session that's not to be missed.

An Industry Shift for Master Data Management at Summit NYC

An Industry Shift for Master Data Management at Summit NYC

Interest was high on graph databases, end-business user trust and access to the information through data-driven applications, and how modern data management platforms were now providing master data management as a core foundation, upon which big data, transactions, analytics and machine learning are fully integrated.

Why Apple & Reltio Love Cassandra

Why Apple & Reltio Love Cassandra

Our modern data management hybrid columnar and graph store, gives us the flexibility of schema-on-read, graph relationship modeling, combined with infinite horizontal scalability across entities and limitless attributes. As technology continues to evolve, and more and more database options appear on the market, we will make sure that our customers will continue to benefit from technologies such as Cassandra, and whatever comes next.

An Evening of Celebration with Pharma Luminaries at PharmaVoice100

An Evening of Celebration with Pharma Luminaries at PharmaVoice100

As I listened to the topics discussed, it became clear to me that we are at the crossroads of an unprecedented opportunity in the industry. Never before has storage and processing power been so affordable and accessible. For many of the attendees, better use of data, and being more “data-driven” was certain a topic that no one disagreed with. The trick was, as one executive I spoke to asked "How do we get from here to there?" 

Accelerating Mergers & Acquisitions in the Medical Device Industry & the Rise of Data Monetization

Accelerating Mergers & Acquisitions in the Medical Device Industry & the Rise of Data Monetization

The audience agreed that the complexity of data siloed across both companies made it very difficult to analyze information within the legal and time constraints of all pending transactions. If the merger goes through, all work is generally discarded, leaving the combined company to start from ground zero. If the merger is called off, someone is left with hardware procured to support the M&A that is wasted. 

Going Beyond MDM for CRM - Getting a 360 View of Everything

Going Beyond MDM for CRM - Getting a 360 View of Everything

Judging by the attendance the topic touched a nerve. There were many questions before and after the session around use cases of how modern data management has been deployed today across industries, and how companies are standing up solutions with immediate end-user facing business value, in a fraction of the time it takes legacy MDM implementations to even get started.

Cognizant and Reltio Webinar Recap and Replay

Cognizant and Reltio Webinar Recap and Replay

This webinar replay shows how enterprise data-driven applications backed by a modern data management Platform as a Service is breathing new life into MDM, and allowing both IT and businesses to be more agile and effective. It delves into specific industry use cases from Life Sciences, High Tech, Information and Entertainment to illustrate how organizations in these industries are leap frogging competitors by using data as a strategic asset.

Who Did Your Doctor Have Lunch With? Open Payments, Sunshine Act, Compliance, Part Deux

Who Did Your Doctor Have Lunch With? Open Payments, Sunshine Act, Compliance, Part Deux

We will be interested to see what the data quality level is in the 2014 database. From our perspective, the data can be rapidly reconciled and made reliable to deliver relevant insights to all that need them. Capabilities such as MDM are fundamental, and life sciences companies should expect them to be part of all future generations of data-driven applications.