A purpose-built life sciences information management solution leveraging a multi-domain approach to manage enterprise data for consistent, reliable and faster access to insights.
Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more"We strive to help improve outcomes and create a healthier, more sustainable world for people everywhere.
LEARN MOREReimagine clinical development by intelligently connecting data, technology, and analytics to optimize your trials. The result? Faster decision making and reduced risk so you can deliver life-changing therapies faster.
Research & Development OverviewGenerate and disseminate evidence that answers crucial clinical, regulatory and commercial questions, enabling you to drive smarter decisions and meet your stakeholder needs with confidence.
REAL WORLD EVIDENCE OVERVIEWElevate commercial models with precision and speed using AI-driven analytics and technology that illuminate hidden insights in data.
COMMERCIALIZATION OVERVIEWOrchestrate your success across the complete compliance lifecycle with best-in-class services and solutions for safety, regulatory, quality and medical information.
COMPLIANCE OVERVIEWWhen your destination is a healthier world, making intelligent connections between data, technology, and services is your roadmap.
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DISCOVER INSIGHTSAn in-depth exploration of the global healthcare ecosystem with timely research, insightful analysis, and scientific expertise.
SEE LATEST REPORTSBy making intelligent connections between your needs, our capabilities, and the healthcare ecosystem, we can help you be more agile, accelerate results, and improve patient outcomes.
LEARN MOREBuilding on a rich history of developing AI for healthcare, IQVIA AI connects the right data, technology, and expertise to address the unique needs of healthcare. It's what we call Healthcare-grade AI.
LEARN MOREThe IQVIA Human Data Science Cloud is our unique capability designed to enable healthcare-grade analytics, tools, and data management solutions to deliver fit-for-purpose global data at scale.
LEARN MOREThe IQVIA Innovation Hub connects start-ups with the extensive IQVIA network of assets, resources, clients, and partners. Together, we can help lead the future of healthcare with the extensive IQVIA network of assets, resources, clients, and partners.
LEARN MOREIQVIA Decentralized Trials deliver purpose-built clinical services and technologies that engage the right patients wherever they are. Our hybrid and fully virtual solutions have been used more than any others.
LEARN MOREEmpowering patients to personalize their healthcare and connecting them to caregivers has the potential to change the care delivery paradigm.
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LEARN MORE"Improving human health requires brave thinkers who are willing to explore new ideas and build on successes. Unleash your potential with us.
SEARCH JOBSThe race is on among life science companies to use artificial intelligence (AI) to turn big data into big competitive advantages. Early applications suggest that these tools can help decision makers find the right audience for their therapies, forecast future sales more accurately and run what-if scenarios to discern the optimal paths to market.
Yet there are several hurdles that stand in the way of immediate results. First, the increasing volumes, velocities and varieties of data from both internal and external data sources are often housed in multiple systems and applications throughout the enterprise. Second, data models that are most useful to AI require extensive experience and access to historical customer and industry data to properly build.
Another significant roadblock is very familiar to data scientists yet often overlooked by executive decision makers: preparation. According to a recent survey by Forbes, data scientists spend nearly 80 percent of their time preparing data for use in modeling. 1 That’s astounding, considering (1) the expense in time and human resources these processes represent and (2) the urgency companies have to generate actionable insights that might have a positive impact for their customers and shareholders alike.
Awareness has been growing about the need for data warehouse solutions that unify previously siloed data. When data is scattered across different applications, companies don’t have a complete view of the domains in which they operate. Without a process or system in place to unify it, that fragmented data can frustrate decision making and impede key business goals such as sales productivity, marketing campaign effectiveness and compliance. It is important to note the extent to which companies have been investing in data – from both internal sources and trusted third parties – to build the models needed.
An edge can be gained, however, by ensuring that the data warehouse solution a company invests in is able to cut preparation time down significantly, freeing up data scientists to engage in higher-value tasks. The way in which data is structured and stored can significantly reduce preparation time and speed time to analysis and insight. A data warehouse solution that is purpose-built for the life science industry will combine prebuilt models based on commonly used data sets with the flexibility to easily customize new models to fit unique needs and the continuously changing landscape.
The more data AI tools are fed, the more powerful they become. So a data warehouse must be easily and highly scalable to accommodate more information from additional sources without the need to disrupt ongoing work. Premium data warehouse solutions will even decouple the ability to compute from the ability to store data. This results in zero impact on computation capability when adding memory. An added benefit is an increase in productivity of a company’s data science teams while leveraging the advances of secure cloud technology.
There is good reason to anticipate that adopting artificial intelligence tools will have a measurable impact on business. To be most effective, these tools must be built on the foundation of a purpose-built data warehouse solution that can speed up the time to value of the data being prepared, modeled and mined for actionable insights.
1. Gil Press, “Cleaning Big Data: Most Time-Consuming, Least Enjoyable Data Science Task, Survey Says,” Forbes.com, March 23, 2016, https://www.forbes.com/sites/gilpress/2016/03/23/data-preparation-most-time-consuming-least-enjoyable-data-science-task-survey-says/#24c462456f63.
A purpose-built life sciences information management solution leveraging a multi-domain approach to manage enterprise data for consistent, reliable and faster access to insights.
Connect data across your organization with master data management and data warehouse capabilities, and transform the way you make business decisions.