Infosys’ blog on industry solutions, trends, business process transformation and global implementation in Oracle.

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September 16, 2016

 

Risk-based Monitoring: A New Paradigm in Clinical Trial Monitoring

In today's competitive environment, life sciences companies are under tremendous pressure to launch drugs faster and make them cheaper, without compromising on their quality. This requires a highly efficient and robust clinical trial monitoring process, as clinical trials are key to patient safety and drug discovery. However, this is currently a very time-consuming process and at times can go on for years before the drug is certified as fit for human use. Furthermore, site monitoring by deploying people at various trial sites is a time-consuming and expensive affair.

 

Risk-based monitoring (RBM) attempts to solve some of these problems. Drug authorities across the world have now given pharma companies the flexibility to decide the level of onsite monitoring required during a clinical trial. This means that pharma companies can now optimize the trial monitoring process and monitor trials centrally by leveraging a risk-based monitoring mechanism; that is, they can build a risk profile of the sites based on critical study parameters and determine the level of monitoring required for a particular site. This can help companies save a lot of money, develop drugs faster, and keep them affordable.

 

Information technology (IT) plays a pivotal role in supporting this process. Given the latest tools and techniques, it is very easy for pharma companies to sift through a lot of structured and unstructured data that can impact the trial process. With the usage of statistical modeling and machine learning techniques, it is now very easy to predict the risk quotient of a site where a trial will be conducted and thus decide the level of monitoring required.View image 

 

Infosys has built a risk-based monitoring solution using Oracle technologies that integrates with your existing data sources and applications to provide the desired outcome. It provides better returns to the clients, already using Oracle products, as they do not need to invest in product licenses.

 

Visit us at Oracle OpenWorld 2016 to know more about this solution.

September 16, 2013

Cloud Vs On Premise - Where do you go?

One of the most frequently asked questions by Enterprises all over the world today is - Should their Applications be on the Cloud or On-Premise?
My 3 part Blog series tries to answer this question by looking at various aspects of Cloud and On Premise solutions and then coming up with the best suited model as per Customer Business requirements.

In the first part of this blog series, we will be taking a deeper look into the features of both the Solutions.

Continue reading " Cloud Vs On Premise - Where do you go? " »

March 13, 2013

Green Insurance: Managing Risks of Going Green

One of the latest Buzzwords in the Insurance Industry is Green Insurance.Going green may be the demand of the day,

but doing so may not be an easy task and comes along with a whole lot of risks which need to be managed.

This also throws an opprotunity to Insurance providers to introduce new products and service offerings in the market.

Continue reading " Green Insurance: Managing Risks of Going Green " »

June 17, 2011

Oracle Documaker 12 - A feature rich product on the horizon

Since the acquisition of Skywire owned Document Automation Solution - Documaker, Oracle corp. has been trying hard to enrich the product suite in order to make it a more comprehensive and palpable solution for Insurance Carriers.

Recently Oracle introduced a new and improved version of Oracle Documaker. In the latest release, versioned 12, Oracle has introduced features that are more enterprise intensive and bridge some gaps from the earlier version of the product.

Continue reading " Oracle Documaker 12 - A feature rich product on the horizon " »

March 10, 2011

Social CRM in Insurance: A fly by..

Social CRM has been one of the top trends that have been witnessed in the CRM space in recent times. As per a study by Gartner Research, by 2013 the total investment in Social CRM space would exponentially increase to around 1 billion dollars, about 8% of the total CRM spending. In Social CRM the customer sits in center of the CRM processes and is an active influencer in business decisions. The customer and organization constantly interact and collaborate in order improve the customer experience. In return, the customer becomes an advocate of the organization highlighting the work done by the company. Social CRM is not just about bringing the customer in the center of the processes but it requires a change in the strategic outlook of the organization.

Continue reading " Social CRM in Insurance: A fly by.. " »

March 9, 2011

The Power Of Oracle Life Sciences Data Hub (LSH)

Guest post by
Nobendu Roy, Senior Project Manager, Oracle Practice, Enterprise Solutions, Infosys Technologies Ltd.

 

We know that LSH is a clinical data integration platform, but it can also be used as a computing environment that gives tremendous power and flexibility to a PLSQL programmer to extend the functionalities.

Continue reading " The Power Of Oracle Life Sciences Data Hub (LSH) " »

December 27, 2010

MES for Process Industries

What is MES ?

ERP (Enterprise Resource Planning) acts as central repository for all the data transacted, but there is no way of controlling the operations or passing the information between plant control system & ERP in integrated manner.

MES (Manufacturing execution systems) help in detailing the process and also controlling the operations through the systems. MES uses the data and provide results on the plant activities in minimal time. MES Collects the data from plant system, store them, and the output are used to control the functions in enhancing productivity and process on the whole.

MES for Oracle Process Manufacturing (OPM):

MES for Process Manufacturing adds new batch execution functionality and increases usability for manufacturing operators. 

Continue reading " MES for Process Industries " »

September 2, 2010

Critical points to be consider while "Asset Group" Design process for Successful eAM implementation

Generally Asset Group is new concept to most of companies switching over from legacy plant maintenance system to Oracle Enterprise Asset Management system, as in most of the legacy system it does not exists, they have Asset/Equipment numbers without Asset Groups, in Oracle eAM assets are created from Asset Groups only, so Asset Group is mandatory in Oracle eAM. This blog would explain the impact of Asset Groups in various places of the eAM application and help to expedite the Asset Group design process.

Continue reading " Critical points to be consider while "Asset Group" Design process for Successful eAM implementation " »

May 22, 2010

Go Lean: Minimize customizations and reduce overall TCO in Oracle ERP implementation (Part 3)

There are many ways to achieve Leaner ERP implementation, and I have discussed some of the strategic levers for it in my previous blogs Go Lean (Part 2) and Go Lean (Part 1) like senior management and executive sponsorship, robust decision making framework, effective change management approach, upfront planning for middleware and reporting platforms, solution design workshops, selection of appropriate edge products and leveraging localizations. However, there are many tactical and operational levers also available for enterprises to adopt, which are primarily part of implementation execution cycle. I am discussing here some of these levers and best practices to minimize customizations:

  • Boot Camp Trainings - Before initiating the solution design phase, organizations must seriously consider to conduct the boot camp trainings on chosen ERP to their key super users, business analysts and implementation core team, facilitated by System Integrator (SI). The intent for boot camps must be training to the team for vanilla features and functionalities of ERP relevant to their industry processes. This will enable them to bridge many gaps and requirements through seeded ERP functionality, and increase the overall fitment of the package application, leading towards reduced customizations.

Continue reading " Go Lean: Minimize customizations and reduce overall TCO in Oracle ERP implementation (Part 3) " »

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