India's largest platform and marketplace for AI & Analytics leaders & professionals

Sign in

India's largest platform and marketplace for AI & Analytics leaders & professionals

3AI Digital Library

Offshore data processing

3AI September 10, 2020

Leading specialty bio-pharma company

Problem Statement

  • Company purchases Patient claims data from different vendors. And needs help to set up / facilitate the entire process.
  • Also, using Claims data, Client want to understand the patient / physicians / product – behavior and characteristics in the market on regular / ad-hoc basis.
  • Company needs to set up an integrated environment and a standard process to track portfolio products performance.

Analytics Led Approach

  • Using different tools (SAS EG / Advanced Excel with Macros / SAS Excel Plug-Ins) and extensive techniques, set up a smooth regular process that will ensure delivering KPI trackers to company on a scheduled basis.
  • Dedicated team effort allocated to update / manage / maintain the initial set up and on-going support of the company’s internal patient data claims data base.
  • On demand basis, provided KPI / impact measurement metrics like persistency, adherence, compliance, source of business , line of therapy etc..

Business Impact

  • Scheduled on-time reports were used to understand their products stand in the market, in-turn helping company to take decisions based on the situation
  • Company has freed up with the immense databases set-up.
  • This eased their decision-making process by easily and quickly tracking their inventory.

Critical Success Factors

  • This served as a one stop analytics data mart for various reports
  • The decision making process was eased significantly with periodic market assessment reports from the stream lined data

    3AI Trending Articles

  • Enriching Customer Data Platforms with Customer Identity Graphs in a Cookieless World

    Featured Article: Author: Jayachandran Ramachandran, Senior Vice President – Artificial Intelligence Labs, Course5 Intelligence The pandemic has created substantial changes in our shopping behavior. Even diehard offline buyers have moved to online channels, experiencing new ways of buying and fulfilling their needs through the digital ecosystem. Improving customer engagement and value realization by providing relevant […]

  • JPMorgan Completes Live Intraday Repo Transaction using Blockchain

    IBM-Launches-New-Blockchain-Project-Collaborating-with-Big-Firms

    Investment bank JPMorgan says it has completed a live intraday repo transaction using a blockchain solution that will soon see a commercial launch. The repo trade was carried out between JPMorgan’s broker-dealer and banking entity, the bank announced Thursday. The blockchain application used was developed in-house by the bank’s blockchain business arm, Onyx, and is said to […]

  • New 2D tag with AI authentication to spot counterfeit products Faster & Accurately

    The authentication process takes under 3.5 minutes to complete, and involves scanning the tags under an electronic microscope to obtain the PUF pattern, which is sent to the AI-driven software for validation. A new anti-counterfeiting technique uses two dimensional (2D)-material tags along with artificial intelligence (AI)-driven authentication software, and promises to deliver faster, more accurate […]

  • Human Behavior & Human Data: Beyond Big Data

    In recent years, there has been a lot of hype around “big” data in the marketing world. Big data is extremely helpful with gathering quantitative information about new trends, behaviors and preferences, so it’s no wonder companies invest a lot of time and money sifting through and analyzing massive sets of data. However, what big data fails […]