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Clairvoyance- dashboard solutions

Clairvoyance- Many projects, one dashboard

A powerful solution for 360-degree portfolio analysis and commercial forecasting
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Clairvoyance- dashboard solutions

Clairvoyance- Many projects, one dashboard

A powerful solution for 360-degree portfolio analysis and commercial forecasting
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Late-stage clinical trials have a failure rate of approximately 58%, highlighting the importance of comprehensive data to mitigate these risks.

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Poor data integration can delay decision-making by 30-50%, costing biopharmaceutical companies an average of $100,000 to $500,000 per day in lost opportunities.

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The average time for a drug to progress from discovery to market approval is about 10-15 years, a consolidated data view helps reduce time-to-market.

A robust pipeline analytics can assist in managing risk, securing value and sustaining growth

What is Clairvoyance?

It is a proprietary project portfolio and forecasting platform generating highly accurate and reliable forecasts that inform strategic decisions throughout your products lifecycle. Whether choosing the best asset development plan, mapping market entry strategies, navigating access and reimbursement landscapes, or optimizing supply chain operations, Clairvoyance equips you with foresight to drive commercial success.

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How does Clairvoyance do it?

Clairvoyance automates project data integration, data aggregation, and summarization of crucial portfolio metrics and insights, all in one consolidated dashboard offering a consolidated view of the project portfolio for senior executives.

Additionally, it can also provide crucial financial and operational metrics such as project delivery milestone dates, development cost forecast, and revenue forecasts, with appropriate risk adjustments based on Probability of Technical and Regulatory Success (PTRS) and potential market events. The framework is technology agnostic and can be fully customized as per the organization’s unique requirements.

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How can Clairvoyance help life sciences organizations?

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Many projects, one dashboard

Clairvoyance offers a consolidated view of all projects, providing executives with a powerful tool for decision-making.

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Accurate forecasting for commercial success

Precision in forecasting key financial and operational metrics such as project delivery milestone dates, development cost forecast, and revenue forecasts.

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Risk visibility for informed decisions

Get visibility into aggregate risks (clinical, regulatory, commercial) at each risk gate in your development cycle to understand costs and timing decisions.

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Evidence based decisions

Clairvoyance helps portfolio leaders remove bias from decision making, whether it is patient forecast or revenue forecasts.

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Clairvoyance for enterprise pharma

Accelerating time-to-market and maximizing R&D investments for competitive advantage

Clairvoyance offers significant advantages for large pharmaceutical enterprises by streamlining and enhancing the management of their extensive project portfolios. By automating project data integration and aggregation, Clairvoyance ensures that senior executives have access to accurate and up-to-date information in a single, consolidated dashboard.

The platforms ability to provide reliable forecasts for development costs, revenue, and milestone dates, adjusted for technical and regulatory success probabilities, equips executives with the foresight needed to allocate resources effectively, prioritize high-value projects, and mitigate risks.

Clairvoyance for small biotech companies

Data-driven decisions for advance innovative therapies, enhancing commercial success

For small biotech firms, Clairvoyance provides a critical edge by delivering high-quality insights and forecasts that are typically out of reach for smaller organizations with limited resources. By consolidating project data and presenting crucial financial and operational metrics in an intuitive dashboard, Clairvoyance enables small biotech companies to make data-driven decisions with confidence.

The ability to forecast development costs and potential revenues, while adjusting for risks associated with technical and regulatory success, ensures that small biotech companies can manage their limited resources efficiently, attract investment, and strategically plan their growth.

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Features of Clairvoyance

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Intuitive and user-friendly interface

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Easy navigation to portfolio, forecast, projects, and goals

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Customizable dashboards

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Visual display of key metrics like eNPV, Prod Index, Committed Budget

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Project phases and month-wise milestones

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Display project distribution by therapeutic area and development phase

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Ready to move from gut instincts to data-backed decisions?
Clairvoyance can lead the way.
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Helping enterprises innovate and achieve agility at the speed of the market with AWS and Automation Anywhere - i2e Consulting

Helping enterprises innovate and achieve agility at the speed of the market with AWS and Automation Anywhere - i2e Consulting

i2e Consulting, a leading software services company delivering both consultancy services and tailored technology solutions, today announced its Consulting Partnership with the Amazon Web Services (AWS) and Automation Anywhere to help its customers design, architect, build, migrate and manage cloud solutions built on AWS and deploy RPA at enterprise scale.“This would enable enterprises to bring their demanding workloads to the cloud to speed time to market, reduce capex, and massively improve productivity,” says Vishal Rane, Co-founder and COO, i2e Consulting. This partnership, with both, AWS and Automation Anywhere is a step in the right direction to build and operate solutions on the cloud, helping our customers experience the value of automation first-hand while accelerating business outcomes.” he further added.Enterprises are increasingly looking at becoming cloud-native and deriving business benefits from moving to the cloud. And for this, they must not just transform their workforce, processes, and operating model, but also modernize critical applications in their portfolios while minimizing technical debt. At i2e consulting we make this happen with wider and faster adoption of robotic process automation (RPA) and intelligent automation. This partnership with Automation Anywhere enables us to offer flexibility and freedom of choice in RPA to our customers.AWS and Automation Anywhere will not only help our customers overcome the barriers of cloud adoption but also will empower them to fully leverage the benefits of RPA on cloud by accelerating the amalgamation process and improving business agility. RPA on clould will enable the speedy deployment, faster roll-out, and a quicker return on investment.To know more on how our professional service capabilities can assist your transformation journey, with consulting packages focussed on RPA and cloud adoption, get in touch with Vivek KadamAbout i2e consultingFormed in 2008, i2e Consulting is a software services company delivering both consultancy services and tailored technology solutions for organizations in the pharmaceutical industry.About AWSAmazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform, offering over 175 fully-featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster.About Automation AnywhereAutomation Anywhere is a developer of robotic process automation software, which employs software bots to complete processes.

Executive dashboards for pharmaceutical companies

Executive dashboards for pharmaceutical companies

Executive dashboards transform pharmaceutical decision-making by consolidating critical data into real-time, visual insights across R&D, sales, and operations. These empower leaders with accurate, actionable analytics to streamline workflows, forecast revenue, and accelerate drug development.What is an Executive Dashboard? Executive dashboards are business monitoring tools used to track performance across Research & Development, Commercialization, and Sales & Marketing. They provide a single visual representation of KPIs and critical metrics relevant to business. These dashboards serve as a centralized hub, aggregating data from various departments such as sales, research and development, manufacturing, regulatory compliance, and more. Let us dive deeper into pharma Executive Dashboards Pharma projects are complex and extensive, and each drug may take up to 10-15 years to reach the market. In such a scenario, there would be huge amounts of data to analyze while making crucial decisions such as setting priorities in resource allocations, calculating pre-commercial revenue forecasting, analyzing market trends to design the most profitable commercialization strategies. Manual processes often cause errors and are time-consuming. They may also not have the capacity to retrieve real time data breaking data silos and disparity. Digital solutions tailor-made for specific business needs not only solve data silos and disparity problems, but also save time by reducing manual efforts. Cloud computing ensures scalability, and machine learning enhances forecasting in Pharma Portfolio Dashboards. These dashboards are accessible on various devices and have strong security measures. Customization options cater to specific organizational needs in Pharma market research, fostering insightful analytics. Digitalized Pharma Portfolio Dashboards are the best example of how technology can foster confident data-backed decision-making. How Portfolio Executive Dashboards are helpful in Pharmaceutical Industry? Portfolio Executive Dashboards play an essential role in enabling decision-making within the pharmaceutical industry. These sophisticated solutions provide a consolidated view of critical performance indicators, integrating data from various facets of the business. Pharma Executive Dashboards enable smooth informed decision-making for executives, offering insights into sales metrics, research and development progress, manufacturing efficiency, and regulatory compliance. Pharma executive dashboards serve as real-time visual representations, allowing executives to identify trends, assess risks, and capitalize on opportunities seamlessly. By incorporating pharma market research analytics, these dashboards not only offer retrospective insights but also guide future strategies, ensuring portfolios align with evolving industry trends and customer needs. Types of Pharma Executive Dashboards These executive dashboards leverage data visualization and analytics to provide decision makers with a holistic view of various aspects. Here are some types of executive dashboards used in pharma portfolio analysis: 1. Project Portfolio Management (PPM) Dashboard The Project Portfolio Management (PPM) Dashboard streamlines project oversight by offering a snapshot of project status, resource allocation details, risk tracking, financial insights, and an overall health score. This concise executive dashboard facilitates proactive management, ensuring optimal resource utilization and budget adherence. The portfolio health score, derived from key performance indicators, provides a quick assessment of the project portfolio's overall well-being, empowering decision-makers with essential insights for strategic and effective portfolio management. 2. Revenue Forecasting Dashboard The Revenue Forecasting Dashboard is a pivotal tool for strategic decision-making in revenue planning and strategy development by providing real-time sales projections. Through market trends analysis, it integrates competitor insights, market share data, and identifies emerging opportunities or threats, and ensures a focus on sales volume, market penetration, and customer feedback. 3. Clinical Development Dashboard The Clinical Development Dashboard offers insights into trial progress and timelines, providing a detailed overview of milestones and potential delays. Patient recruitment metrics track recruitment, helping to identify challenges and opportunities for improvement. It ensures adherence to regulatory requirements, guaranteeing a robust clinical development process. Safety and adverse event reporting keeps a vigilant eye on trial safety and provides timely monitoring and reporting for effective risk management. 4. Supply Chain Management Dashboard Supply Chain Management Dashboard ensures seamless operations offering real-time insights into inventory levels and guarantees adequate supply to meet demand. Supplier performance is rigorously evaluated, tracking delivery times, product quality, and compliance with regulatory standards. Leveraging historical data and market trends, the demand pharma forecasting feature optimizes product availability, enhancing overall supply chain efficiency. Benefits of Digitalized Executive Dashboards for Pharmaceutical R&D Technology backed executive dashboards offer a myriad of benefits for pharmaceutical Research and Development (R&D) organizations, enhancing efficiency, transparency, and decision-making processes. It includes: A comprehensive and real-time overview of R&D activities, consolidating Key Performance Indicators (KPIs) such as project timelines, resource utilization, and success rates.By centralizing data from various R&D processes, executive dashboards enable decision makers to identify bottlenecks, allocate resources effectively, and streamline workflows. This enhanced visibility facilitates proactive decision-making, allowing organizations to respond swiftly to challenges and capitalize on opportunities.Executive dashboards help in monitoring the progress of clinical trials, ensuring adherence to timelines and regulatory requirements.They enhance collaboration by providing a shared platform for cross-functional teams. This fosters communication and alignment of goals, accelerating the pace of drug development.With an executive dashboard, decision makers can quickly access and analyze a comprehensive view of the entire pharmaceutical portfolio. This expedites the decision-making process as executives can make informed choices based on up-to-date information, reducing delays, and improving overall efficiency.Automation reduces the reliance on manual data entry and manipulation, significantly decreasing the chances of human errors. This ensures that the data presented on the analytics dashboard is accurate and reliable, providing executives with confidence in their decision-making. As a pioneer in pharma data analytics and visualizations, team i2e engineered Clairvoyance- a custom Executive Dashboard Application tailored specifically for the pharmaceutical industry. This application offers a consolidated view of the client’s R&D project portfolio, providing executives with a powerful interactive tool for data-driven decision-making. This custom solution delivers a robust data quality verification platform and offers the analysis and visualization features needed to tackle the various problems the client was experiencing. The Clairvoyance custom dashboard platform can help the R&D leaders to align portfolio performance with their business goals. i2e Consulting helps global pharmaceutical companies to access insights and prepare decision dashboards tailored to their unique business requirements. Embrace the power of Clairvoyance, a cutting-edge decision management solution. Contact us now and seize the future of pharmaceutical innovation by optimizing, strategizing, and thriving with Clairvoyance.

Power BI vs. Tableau | Business Intelligence Battle Ground

Power BI vs. Tableau | Business Intelligence Battle Ground

Tableau leads in advanced data visualization and flexible deployment, making it ideal for data-driven analysts. Power BI offers strong Microsoft integration and affordability, making it the go-to choice for cost-conscious businesses.Power BI vs Tableau If you are looking for a Business Intelligence or data visualization solution, chances are you have come across Power BI and Tableau. Founded in 2003, Tableau is often regarded as the gold-standard in data visualization and has been so for a long time. With intuitive data exploration capabilities, Tableau makes a strong case of data visualization. Power BI, on the other hand, debuted in 2013, it is Microsoft’s BI option. It’s strong integrations with the Microsoft ecosystem enable performance and support productivity. Through this blog, I intend to provide a concise yet comprehensive guide to help you decide which should suit your requirements better. From the research undertaken for writing this article (which I can say is substantial), we can assure you that ultimately it all comes down to business requirements. What problem are you looking to solve and how much are you willing to pay for it. We will discuss these two products one-on-one on three parameters: Functionality, Deployment Options and Cost. Next, we will briefly touch upon Gartner’s magic quadrant report, 2019 and what it means, and finally we will wrap up. Functionality Tableau is a sophisticated product built to explore data visually. It provides a wide range of data representation, dashboard design, and user functionalities. It works very well with users with large datasets from multiple data sources. You can ask a question about your data and get insights almost immediately. Tableau is available for both cloud and on-premise. Its no-code powerful drag and drop analytics makes it very popular among the users. It has a large community and quality customer service. Image source: www.tableau.comPower BI with its common foundation as Excel provides a familiar experience to Excel users. One of the biggest selling points of Power BI is integration with the Microsoft environment. Power BI integrates natively with Azure data services. Power BI also offers unique experiences for business users like Natural Language Query and custom visualizations. The Power BI community is not as strong as Tableau and customer service is just okay. Power Bi comes in two different variants, Power BI Basic and Power BI Premium, the basic version does not address on-premise analytics. Bottom line: Tableau is the best tool when it comes to Data Visualization (seeing and exploring data) whereas Power BI focuses more on predictive modeling and reporting. For processing large data sets from multiple sources, you can go for either Tableau or Power BI premium, the basic version does not address on-premise analytics. DeploymentPower BI’s deployment option are limited. It is available as a SaaS (software as a service) model and on-premise; on-premise is only supported by Power BI Premium licensing flexibility. Tableau, on the other hand, is much more flexible in its deployment and is available both on-premises and cloud.Bottom line: Tableau is flexible offers both on-premise and cloud service. If the SAAS model works for you then you can have Power BI basic for free with Microsoft 365. Also, if you are invested in Microsoft technology, then Power Bi may still be profitable from a deployment perspective. CostBoth the products offer a subscription-based licensing model. While both these products offer comparable services, Power BI is way cheaper to Tableau. Power BI premium does increase the cost considerably. If you have a small budget (less than $30 per user) Power BI is your product you will settle for. It is easy to use and does not require a power user. However, if you are looking for a data visualization option for your analysts looking to leverage data, Tableau totally justifies its price.To have a better picture here is a pricing break down for both: FeaturesPower BITableauAuthoring and data preparation Power BI Desktop ​ Free Creator ​ $70 user/month Self-service BI, sharing and collaboration Power BI Pro ​ $9.99 user/month) Tableau Server ​ $35 user/month​ or​ Tableau Online ​ 42 user/month) Viewing and Interaction Power BI Pro ​ $9.99 user/month​ or​ Power BI Premium ​ viewer ​ On-premise or Public Cloud ​ 12 user/month ​ Or​ SaaS​ or $15 user/month​ Tableau publicly available pricing here. Power BI publicly available pricing here. Bottom line: On of the biggest advantage Power BI has over Tableau is its rock bottom price. It’s a cost-effective BI product. Tableau, on the other hand, is a sophisticated product and justifies its bigger price tag. Gartner’s Magic quadrant 2019 In 2018, Power BI tied with Tableau in terms of functionality but strongly outplaced it in “completeness of vision” because it is embedded with the Microsoft stack. This year, however, Microsoft has left Tableau marginally behind, thereby improving on the ‘ability to execute’ axis. No surprise there considering the value for money and ease of use. That being said, Tableau is still placed comfortably among the leaders and is still popular among its users with strong customer ratings. As the saying goes, the most challenging part of buying a BI solution is figuring out which one meets your needs. I hope it will help you decide on a BI solution. If you are a Microsoft 365 user, I would suggest you go for Power BI and if you are not satisfied you could always upgrade to Tableau.