Data is vitally important to the efficient functioning of the world. Data is stored in multiple places in both public and private locations. Previously data storage was fragmented and was stored in small servers, personal computers, hard disk, and physical systems...
Advances in Medical Technology to Change the Future of Pharmacies
Medical technology has progressed leaps and bounds over the last few years with the help of big data, analytics, automation, medical innovation, and real-world evidence. However, a modern-day pharmacy hasn’t changed much over time. Pharmacies are still seen as an...
Big Data Promises Big Opportunities for the Chemicals Industry
It has been more than a decade that the chemicals industry has adopted IT and related solutions to keep track of raw material spend, freight, and logistics. Fast forward to 2017, big data and analytics have emerged as vital processes for enhanced business activities,...
Top 5 ways in which Big Data is Transforming the Pharma Industry
The use of big data is no longer limited to transforming customer-facing functions such as sales and marketing alone. Manufacturers in the pharma industry, are constantly struggling with stagnant pipelines and low success rate in R&D activities – big data has...
Retail Strategy and Building the Right Price Perception
To arrive at the most appropriate retail strategy, it is critical that retailers accurately identify the key value categories (KVCs) along with the key value items (KVIs). Often it has been observed that retailers prefer to rely on the commercial intuition of...