20 Most Promising Solution and Consulting providers to Pharma and Life Science - 2014

The Pharmaceutical and Life Sciences sector is going through a positive metamorphosis due to the confluence of the biological science and information technology. The industry is changing its game plan by dropping old legacy systems and adapting newer technologies. This gradual transformation is characterized by simplified operating environments and access to real-time information through multiple channels. The changing customer demographics and the omniscient internet and mobility are transforming commercial operations; the way customers interact and collaborate. Technology solutions are helping organizations make digital shift seamless and deliver results with a mix of analytics, cross-channel interaction, and customized messaging. This has resulted in pharmaceutical companies exploring for new strategies and innovations.

There is also a gradual shift in the economic flow chart, depicting the ingress of many unique challenges arising from the macro-economic, demographic and industry-specific factors. Today, products are losing patents due to shortened pipelines and tight deadline issues. There is an increased pressure on pharmaceutical industry to curtail the cost of R&D, in order to bring products faster into market amidst heightened government regulations. Expectations are also rising, with patients given a higher stake in health management decisions and treatment regimes. Many consulting companies are assisting the Pharmaceutical sector in order to strike the right balance when it comes to treating these constantly aggravating issues. These companies act as the propeller to help their clients approach the right technology markets by making efficient business decisions and cost models, with a healthy dose of enterprise-wide innovations. As the search for efficiency continues, pharma companies are exploring for newer options in terms of technological solutions and consultant services for externalization, collaboration and consumerization to drive the future R&D.

In this edition of CIO Review, we bring to you “20 Most Promising Solution and Consulting providers to Pharma and Life Science 2014”, featuring the best vendors and consultants providing technology and services to the Pharmaceutical and Life Science industry. The companies featured have showcased extensive business process knowledge, in-depth integrated and innovative strategies combined with talent base across locations.

A distinguished panel comprising of CEOs, CIOs, VCs and analysts including the CIO Review editorial board have selected the top companies that are at the forefront of tackling challenges in the Pharmaceutical and Life Sciences market in the U.S.

Company Name

Company Description

Apelon Provides solutions that are converting legacy codes into standard medical terminologies
Ascent Offering professional staffing services in 3 sectors- IT, Pharma and contingent workforce
Asentech Asentech provides critical business insights that help companies in executing and managing an informed digital strategy and effective digital transformation
Azzur Group Azzur Group is a full service commissioning and qualification company for pharmaceutical, biotechnology, and medical device clients
Blue Sail Blue Sail Inc. provides an innovative software platform and sales approach that aligns sales team execution with brand positioning and corporate objectives
Clarkston Consulting The Company provides Innovative solutions to maintain the operational efficiency and meet the increasing demands of the Life Sciences industry
Excellis Health Solutions Excellis Health Solutions’ business model delivers solutions particularly related to ERP, Manufacturing, Supply Chain, Quality and Revenue Management areas
Framework Solutions Framework Solutions provides custom software development and professional services to enterprises across all industry verticals to deliver automation, consistency and efficiency
Huron Consulting Group Helps clients improve performance, comply with complex regulations, reduce costs, recover from distress, leverage technology, and stimulate growth
IB Technology Solutions IB Technology delivers technology enabled business solutions that supports clients in transforming commercial operations
Idhasoft Idhasoft is a global business leader in providing technical, innovative and end-to-end business solutions to companies across the globe
Infosys Lodestone A management consultancy entrusted with offering designed solutions to overcome the business transformation complexities
Paragon Solutions An advisory consulting and systems integration firm that specializes in enterprise information management
Process Stream Process Stream develops enterprise-level solutions, particularly for those industries where manufacturing quality control is essential, which include pharmaceutical and life sciences, medical device, food and beverage, and health and beauty
Radix Bay Radix Bay delivers enhanced consulting and outsourcing services to the global Pharmaceutical and IT Clients
RevereIT LLC RevereIT is a leading global consulting and solutions company focused exclusively on providing business process, technology and compliance solutions for the regulated life science industry
Solea Software Solutions A software consulting firm, delivering open source Portal and Business Intelligence and Analytic solutions for multiple industry verticals
Techsol Corporation Technology service provider for the Life Sciences, Pharmaceutical,Biotechnology and Healthcare Provider industries
Top Tier Consulting Management consulting services focused on the healthcare industry for market winning results. Leading healthcare consulting firm that brings experienced consultants in Strategy,Operational effectiveness, Compliance and IT Systems Implementations
USDM LLC A company that specializes in compliance and implementation services in the life science industry