Centralized Data Management Empowers Global Pharmaceutical’s Growth
Industry:
Technology Stack:
- Kalido MDM
- Oracle
- Informatica
- QlikView
Solutions:
- Data and Analytics
- Enterprise Applications
- Business Insights
- Unified Data Governance
Functional Capabilities:
Company Size:
Country:
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The Challenge Before Us
A U.S.-based global pharmaceutical leader, operating across 130 countries, needed a centralized system to organize product data from affiliates worldwide. This system was crucial for enabling cross-selling and ensuring consistent, accurate information across the organization. However, setting up a unified data source for a company of this size posed significant logistical challenges.
The Solution We Presented
Veraqor partnered with the client to develop a solution that centralized and streamlined data from various global affiliates. Using a structured, multi-phase approach, we created a solution that brought together data from different regions into one reliable and easily accessible platform. Here’s how:
- Unified Data Repository: We set up a central “source of truth” for all product data across the company’s affiliates, allowing the organization to view and manage data accurately. This provided a solid foundation for sharing consistent information company-wide and supporting cross-selling.
- Flexible Design for Future Needs: Our approach prioritized flexibility, ensuring the system could grow with the company’s future needs. Whether integrating more affiliates or expanding product data, the system was designed to adapt and accommodate changes easily, reducing future transition challenges.
- Collaborative Development Model: We used a mix of on-site and remote support to ensure a smooth, round-the-clock development process. This helped accelerate the integration process, providing ongoing, seamless support and rapid go-lives for affiliates.
- Data Privacy and Compliance: Given the sensitivity of healthcare data, Veraqor embedded robust security measures in the solution, ensuring strict adherence to privacy standards. This protected confidential data and ensured compliance with industry regulations.
- Enhanced Reporting and Insights: We designed the system to provide high-quality insights, integrating with existing data systems to produce accurate, actionable reports. This ensured that leaders had easy access to trusted information, allowing for better-informed strategic planning.
The Impact and Result
The solution Veraqor implemented empowered the global pharmaceutical with far-reaching benefits, allowing them to operate with greater agility, data clarity, and improved decision-making across regions.
- Quick Integration Across Global Affiliates: Within the first year, data from 25 affiliates across four continents was successfully integrated, and 15 more are on track for the next phase. This rapid onboarding allowed the company to view all data in a unified system, providing a complete, trusted view.
- Increased Revenue Opportunities: By centralizing product information, the company could confidently cross-sell products between affiliates, driving additional revenue through a stronger, unified sales approach.
- Accurate, Reliable Insights for Better Decisions: The new system fed data directly into reporting tools, allowing for highly accurate business insights. Leaders now have real-time information for decision-making, enhancing strategy and operational effectiveness.
- Scalability and Growth Readiness: The centralized system is equipped to scale with the company, ensuring the flexibility to support new regions and additional data needs. This approach also minimized the cost and time associated with future system expansions.
- Data Security and Compliance: Veraqor’s solution ensured strong data security and regulatory compliance, allowing the company to manage data confidently and protect sensitive information.
With Veraqor’s support, this global pharmaceutical company is now positioned to leverage data as a true asset, driving smarter growth, operational efficiency, and lasting business value across its worldwide footprint.
Industry:
Technology Stack:
- Kalido MDM
- Oracle
- Informatica
- QlikView
Solutions:
- Data and Analytics
- Enterprise Applications
- Business Insights
- Unified Data Governance
Company Size:
Country:
Customer Challenge
A U.S.-based global pharmaceutical leader, operating across 130 countries, needed a centralized system to organize product data from affiliates worldwide. This system was crucial for enabling cross-selling and ensuring consistent, accurate information across the organization. However, setting up a unified data source for a company of this size posed significant logistical challenges.
The Solution We Presented
Veraqor partnered with the client to develop a solution that centralized and streamlined data from various global affiliates. Using a structured, multi-phase approach, we created a solution that brought together data from different regions into one reliable and easily accessible platform. Here’s how:
- Unified Data Repository: We set up a central “source of truth” for all product data across the company’s affiliates, allowing the organization to view and manage data accurately. This provided a solid foundation for sharing consistent information company-wide and supporting cross-selling.
- Flexible Design for Future Needs: Our approach prioritized flexibility, ensuring the system could grow with the company’s future needs. Whether integrating more affiliates or expanding product data, the system was designed to adapt and accommodate changes easily, reducing future transition challenges.
- Collaborative Development Model: We used a mix of on-site and remote support to ensure a smooth, round-the-clock development process. This helped accelerate the integration process, providing ongoing, seamless support and rapid go-lives for affiliates.
- Data Privacy and Compliance: Given the sensitivity of healthcare data, Veraqor embedded robust security measures in the solution, ensuring strict adherence to privacy standards. This protected confidential data and ensured compliance with industry regulations.
- Enhanced Reporting and Insights: We designed the system to provide high-quality insights, integrating with existing data systems to produce accurate, actionable reports. This ensured that leaders had easy access to trusted information, allowing for better-informed strategic planning.
The Impact and Result
The solution Veraqor implemented empowered the global pharmaceutical with far-reaching benefits, allowing them to operate with greater agility, data clarity, and improved decision-making across regions.
- Quick Integration Across Global Affiliates: Within the first year, data from 25 affiliates across four continents was successfully integrated, and 15 more are on track for the next phase. This rapid onboarding allowed the company to view all data in a unified system, providing a complete, trusted view.
- Increased Revenue Opportunities: By centralizing product information, the company could confidently cross-sell products between affiliates, driving additional revenue through a stronger, unified sales approach.
- Accurate, Reliable Insights for Better Decisions: The new system fed data directly into reporting tools, allowing for highly accurate business insights. Leaders now have real-time information for decision-making, enhancing strategy and operational effectiveness.
- Scalability and Growth Readiness: The centralized system is equipped to scale with the company, ensuring the flexibility to support new regions and additional data needs. This approach also minimized the cost and time associated with future system expansions.
- Data Security and Compliance: Veraqor’s solution ensured strong data security and regulatory compliance, allowing the company to manage data confidently and protect sensitive information.
With Veraqor’s support, this global pharmaceutical company is now positioned to leverage data as a true asset, driving smarter growth, operational efficiency, and lasting business value across its worldwide footprint.
