How Does Business Intelligence Support the Pharmaceutical Enterprise – Today’s pharmaceutical businesses are big and complicated, and they need information and data in very important ways.
Research and development, regulatory compliance, test data, medicine contraindications, side effects, clinical trials, ingredient and dosage information, doctor and patient information, and more are all types of data that are shared between companies.
How Does Business Intelligence Support the Pharmaceutical Enterprise
Rising prices for raw materials and shrinking profit margins, along with government rules that must be followed, make it nearly impossible for even the most advanced manufacturing companies to keep everything in the air.
Getting a drug ready for sale requires the use of human resources, skills, and knowledge management. It also costs money to handle the patients and doctors who take part in clinical trials, and it takes a long time to get a drug to market because data needs to be managed and analyzed all the time.
Test data can come from different places and cultures, so it needs to be analyzed and shared in more than one language and across multiple business intelligence systems and platforms.
Once a drug or pharmaceutical product has been tested, companies must get permission from regulatory agencies and work within tight parameters with less room for error.
Business Intelligence (BI) helps drug companies in what ways? It’s easy to figure out.
Business Intelligence can be set up quickly and easily
Business intelligence (BI) and enterprise performance management (CPM) tools from ElegantJ BI are more than just enterprise reporting.
Our solutions let you adopt Business Intelligence quickly and easily across the whole enterprise in a simple, useful, and affordable browser-based environment.
ElegantJ BI is Business Intelligence software that can be used by anyone. It can be used to support strategic, tactical, and operational goals and to set up metrics and key performance indicators (KPIs) to measure success in an objective way.
Users can control and handle data and quality
Users can view and handle data in a simple dashboard environment to keep track of quality control business intelligence , get notified when there are problems with quality, set goals for sales, supply and distribution, and supplier relationships and networks, and manage all of these things.
Business users can stay up to date and know right away when important thresholds have been crossed thanks to personalized dashboards and automated alerts.
Users can take advantage of features such as slice and dice, drill through, forecasting and predictive analysis and many others to analyze, display, and share information in an intuitive way using charts, graphs, gauges, and graphical OLAP – all in an environment that integrates data with easily from various systems and sources