“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.” - Jeff Bezos, Founder, Amazon It is estimated that the eCommerce industry has blossomed to 24 million online stores. However, only 650,000 generate annual sales of more than $1,000. This implies…
Medical information, including scientific papers, patient data, and clinical trials, has grown over the years; but despite more knowledge, the R&D process in pharma hasn’t really changed. Researchers are struggling to perform routine tasks without unnecessary duplication of efforts. PhRMA reports that the member companies in the U.S. hit the…
Chatbots are not new. They first appeared in the 2000s and got a lot of attention from business owners due to the wide gamut of benefits they offered. Long story short, they promised to help businesses scale seamlessly & reduce expenditure. Unfortunately, things didn’t really pan out the way business…
It is that time of the year when we dole out our power-packed release to feed your ever-growing appetite for information discovery, insights, and relevance. Following that tradition, we’re proud to introduce our latest release: Colubridae ‘20. Keeping in mind the changing priorities of businesses, in these ever-evolving times, it…
Biopharma companies are swamped with scientific and research data from a variety of sources like EMRs, lab images, research papers, ‘omics’ knowledge bases and the list goes on. Despite such humongous information silos, PhRMA reports that from drug discovery to FDA approval, the process of developing new medicines takes at…
In a previous blog post, we discussed how AI has the potential to wreak havoc if left on autopilot. It can not do the magic on its own; it has to be monitored and trained well for desired outcomes. And it is true for all AI-powered applications. In this blog…
A few weeks ago, about 120 countries closed schools as a measure to contain the effects of Covid-19, a snowball rolling down the hill and ravaging everything in its track. There’s no dearth of means for the digital transformation of education - cloud based applications, software, and tools to support…
Remote working is the new norm. As more teams go digital and turn to remote work, it’s important to remember that the kind of swivel-your-chair-and-ask-your-neighbor-to-get-a-quick-answer approach you can afford in an office setting doesn’t necessarily translate online. Now, your team might be using the state of the art collaboration tools;…
Pharmaceutical industry is flooded with data of years of medical innovations, drug development, approval processes, testing, lab reports, pharmacovigilance, scientific publications, and so on. Successful retrieval of relevant information from the available data resources represents a colossal opportunity, but processing the big data volume remains a matter of concern as…
Leading banks, insurance companies, and other financial institutions are data-driven organizations. From helping underwriters gain insights into customer profiles, assessing risk and detecting fraud to providing personalized marketing campaigns, insurers are highly dependent on data. Goes without saying that capturing and then manually processing all this data can be cumbersome.…
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