Pharmaceuticals Leader Accelerates Drug Discovery with ThoughtSpot
Customer Company Size
Large Corporate
Region
- America
Country
- United States
Product
- ThoughtSpot
Tech Stack
- SQL
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Productivity Improvements
- Innovation Output
Technology Category
- Analytics & Modeling - Real Time Analytics
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
- Pharmaceuticals
Applicable Functions
- Product Research & Development
Services
- Data Science Services
- System Integration
About The Customer
The customer is a leading pharmaceutical company with a large team of 1000 scientists and researchers. They are involved in the discovery and development of new drugs, a process that is crucial for bringing life-saving medicines to market. The company deals with multiple data types and sources, including biobank data, omics data, and clinical trial data, which are essential for their research and development efforts. The company is focused on accelerating the drug discovery process to meet the growing demands of the healthcare market, which is undergoing significant changes due to increased customer expectations, decreasing insurance coverage, and heightened regulations. By leveraging new technologies and data, the company aims to stay ahead in the competitive pharmaceutical industry.
The Challenge
The pharmaceutical industry is facing significant challenges due to increased customer expectations, decreasing insurance coverage, and heightened regulations. These factors are creating obstacles for companies trying to bring successful products to market. Additionally, the explosion of data generated by new technologies presents both opportunities and challenges. In the drug discovery and development phase, which can take years, scientists need timely access to comprehensive information to determine the efficacy of a drug and decide whether it should proceed to production. However, accessing the right information was a manual and time-consuming process, as data was stored in siloed areas and could only be accessed via SQL. This led to the BI team being overwhelmed with requests, sometimes taking up to three months to fulfill.
The Solution
To address the challenges of accessing and analyzing data, the pharmaceutical company implemented ThoughtSpot as a centralized hub for their scientists. ThoughtSpot was chosen for its ease of integration with various data sources and its user-friendly interface, allowing scientists to search and analyze data quickly. The company connected data from their biobank, omics data, and clinical trial data to ThoughtSpot, enabling scientists to have visibility into all relevant data. This integration allowed scientists to perform instant searches across drug data, analyze patient cohorts, identify side effects, and check on inventory. The solution significantly reduced the time required to generate reports, which previously took months, to just minutes. This rapid access to actionable information enabled the company to accelerate the trial process, reduce costs, and speed up the time to market for new drugs.
Operational Impact
Quantitative Benefit
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