Health means more

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In this document, learn how growing health awareness among global societies & the rise of many developing economies have spawned new growth opportunities for healthcare and life sciences (HLS) organization.

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Health means more

  1. 1. Health Means More1 © 2012 WIPRO LTD | WWW.WIPRO.COM
  2. 2. Growth Opportunities in HLS Organizations Key factors impacting growth Political and public pressure on providers to contribute tangibly to health outcomes and Growing health awareness reduce healthcare cost among global societies and Patent expirations and the heightened need the rise of many developing for innovation economies have spawned new growth opportunities for Regulatory changes impacting the interaction healthcare and life between medical firms, patients, providers and payers sciences (HLS) organization. Changes to the competitive landscape, improvements in IT and medical communications Liability mitigation in view of ever-expanding needs to ensure compliance across multiple customer dimensions Global sourcing and global customers and patients2 © 2012 WIPRO LTD | WWW.WIPRO.COM
  3. 3. Leveraging Analytics3 © 2012 WIPRO LTD | WWW.WIPRO.COM
  4. 4. How analytics can help with business goals Innovation Pressure to Manage revenue Exception Imperative demonstrate & & margin pressure handling & crisis defend product management value Proliferation of HLS firms have to Firms need to Manufacturing and HLS products and not only to obtain develop and supply chain services means US FDA approvals leverage business mishaps & clinical global for new, clinically intelligence across safety and competition. Thus tested products but all aspects of the promotional R&D innovation also must convince business – compliance issues, and product both government including can deeply scar the development is payers and private manufacturing, company’s vital. Competing insurance Supply chain and reputation. Robust firms collect and companies to logistics, field sales, data capture and analyze customer include these in customer analytics helps and market their respective acquisition, firms anticipate intelligence to product lists. contracting and negative outcomes optimize product Analytics helps HLS revenue and take corrective lifecycle. firms to management – so measures. demonstrate as to meet the product value their revenue goals. with new insights.4 © 2012 WIPRO LTD | WWW.WIPRO.COM
  5. 5. Addressable Areas Solution for each segment Effective usage of business analytics enables HLS firms to develop the most appropriate solution for each segment of business Campaign Execution Data analytics and performance management support situation assessment and building of a competitive strategy, leading up to campaign and account planning and execution Supply Chain Analytics helps uncover potential undercurrents in the supply chain as well as identify key channels including wholesalers and distributors for distribution of diverse products, services Financial Metrics Analytics helps optimize financial metrics and concurrently get close to those that touch the end-customers Health Outcomes Analytics drives health outcomes measurement, enabling firms to operate efficiently in a healthcare environment that needs help to cut costs and improve health outcomes.5 © 2012 WIPRO LTD | WWW.WIPRO.COM
  6. 6. For more details please visit the link below : http://www.wipro.com/documents/Health_means_more.pdf6 © 2012 WIPRO LTD | WWW.WIPRO.COM
  7. 7. About Wipro Council for Industry Research Wipro set up the Council for Industry Research, comprised of domain and technology experts from the organization, to address the needs of customers. It specifically surveys innovative strategies that will help customers gain competitive advantage in the market. The Council, in collaboration with leading academic institutions and industry bodies, studies market trends to help equip organizations with insights to facilitate their IT and business strategies. For more information on the Research Council visit www.wipro.com/insights or mail wipro.insights@wipro.com7 © 2012 WIPRO LTD | WWW.WIPRO.COM
  8. 8. About Wipro Technologies Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 130,000 employees and clients across 54 countries. For more information, please visit www.wipro.com8 © 2012 WIPRO LTD | WWW.WIPRO.COM
  9. 9. Thank You ©Wipro Limited, 2012. All rights reserved. For more information visit www.wipro.com No part of this document may be reproduced in whole or in part without the written permission of the authors. Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.9 © 2012 WIPRO LTD | WWW.WIPRO.COM

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