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| |JULY 2014
42CIOReview
Company:
Aequor Technologies
Description:
A global IT Consulting & Solutions
company that provides high value-added
business solutions to enterprises of all
sizes. .
Key Person:
Manmeet Virdi,
CEO and Co-Chairman
Kamalpreet S.Virdi
President and Chairman
Website:
aequor.com
recognized by magazine as
An annual listing of 20 companies that are in the forefront of providing
consulting services to the Pharmaceutical & Life Sciences sector
Editor-in-Chief
Pradeep Shankar
Aequor Technologies
T
he Pharmaceutical and Life Sciences sector is going
through a positive metamorphosis due to the confluence
of the biological science and information technology. The
industryischangingitsgameplanbydroppingoldlegacysystems
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 2015”, 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.
CIOREVIEW.COMMARCH 31 - 2015PHARMA&LIFESCIENCESTECHNOLOGYSPECIAL
T h e N a v i g a t o r f o r E n t e r p r i s e S o l u t i o n s
20 Most Promising Pharma & Life Science Consulting Providers 2015
| |JULY 2014
43CIOReview
T
imelines, quality and personalized
service is the key strategy followed
by Manmeet Virdi, CEO and Co-
Chairman and Kamalpreet S. Virdi, President
and Chairman of Aequor Technologies
to deliver custom solutions and services
to various industries. With over a decade
of expertise, Aequor has been providing
IT business solutions and consulting
services across numerous industry sectors.
“Especially for the pharmaceutical and life
sciences sector, we are leveraging technology
to simplify manufacturing, provide
infrastructure to support supply chain, and
business intelligence tools as well as analytics
to improve revenue,” says Manmeet Virdi.
Headquartered at Piscataway, NJ,
Aequor works closely with the research
teams of Life Sciences companies to
implement automation solutions. “The
knowledge acquired by providing Lab
Automation and ELN engineers is helping
us to provide automation solutions as a
Managed Service, ”says Virdi. Aequor
supports over 1900 various lab applications
that provide lab automation to Electronic
Notebook solutions. These applications have
the capability to automate the lab processes,
therebyenhancingthescientists’performance
and efficiency in R&D operations. On the
consulting space, Aequor plays the role of an
advisor in the areas quality and compliance
to the pharmaceutical manufacturers. Since
the producers are rampantly affected by the
changes in regulatory, trends and technology,
Aequor assists them in aligning their
investments in ITand manufacturing of drugs
to meet the future demands vigorously.
Additionally, the company has
developed apps which help nurses to do
Adverse Event (AE) search and Drug-
Drug interactions (DDI). These events are
reported immediately so that treatment can be
reviewed.“Ataconsumerleveltheseareused
to enlighten the customer about the drugs.
At the sales team level, the tools are used
to educate the team with their competitor’s
drugs and the differentiators between the
company’s medicines,” claims Virdi. All the
tools are primarily built to enhance customer
experience resulting in more sales.
Aequor has so far tirelessly served the
pharma industry to meet a standard level of
compliance, automation of labs processes
and quality. “Aequor is a company that listens
to our customers… as a result, we gain the
knowledge to better understand and interpret
their strategic business agendas and deliver
custom IT business solutions,” claims Virdi
For instance, pharmaceutical firm
needed an app to automate the lab process
to analyze the raw data and convert them
into meaningful information in order to save
the time for scientists. “We designed and
developed a windows application using agile
development methodology. Our deliverables
comprised of the Design Document, User
Manual, Installation Notes, Change Request
Document and Setup files,” says Virdi. With
this scalable model, Aequor's application
automated the entire lab processes which
eventually saved the time for the scientists
in analyzing the raw data. The application
turned out to be a robust one after the
implementation of all the validations.
A global presence and our quality
of service have helped Aequor garner
major clients including many Fortune 100
Life Sciences Customers. Moreover, the
company’s flexible pricing and delivery
model as distinguished them among other
contenders in the pharmaceutical industry.
Moving forward, along with solutions
and services, Aequor is working on a clear
cut strategy to enhance their reach in the
sector. “Our strategy is to acquire services
and solutions to augment and grow our core
skills.
We want to continue our fleet of services
and deliver a high quality product at a much
faster pace to thwart competition,” says
Virdi. As part of their expansion, Aequor has
already taken over six acquisitions in last few
years to create a niche for themselves.
Aequor Technologies
Customizing Solutions to Safeguard Human Life
| |March 2015
64CIOReview
“ The solutions we provide ensure
that technology investments aid the
acceleration of our clients' growth
now and into the future
”
APPLICATION SUPPORT &
MAINTENANCE
BUSINESS INTELLIGENCE/
DATA WAREHOUSING
MANAGED INFRASTRUCTURE
& SUPPORT
BPO BUSINESS PROCESS
OUTSOURCING
E+M COMMERCE
Please visit www.aequor.com for more details
ENTERPRISE MOBILE APPS
BUSINESS CONSULTING
ERP – ENTERPRISE
RESOURCE PLANNING
SALESFORCE SERVICES
AEQUOR IT SERVICES

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Aequor Technologies is one of CIO Review’s Most Promising Pharma and Life Sciences Consulting Providers

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  • 2. | |JULY 2014 42CIOReview Company: Aequor Technologies Description: A global IT Consulting & Solutions company that provides high value-added business solutions to enterprises of all sizes. . Key Person: Manmeet Virdi, CEO and Co-Chairman Kamalpreet S.Virdi President and Chairman Website: aequor.com recognized by magazine as An annual listing of 20 companies that are in the forefront of providing consulting services to the Pharmaceutical & Life Sciences sector Editor-in-Chief Pradeep Shankar Aequor Technologies T he Pharmaceutical and Life Sciences sector is going through a positive metamorphosis due to the confluence of the biological science and information technology. The industryischangingitsgameplanbydroppingoldlegacysystems 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 2015”, 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. CIOREVIEW.COMMARCH 31 - 2015PHARMA&LIFESCIENCESTECHNOLOGYSPECIAL T h e N a v i g a t o r f o r E n t e r p r i s e S o l u t i o n s 20 Most Promising Pharma & Life Science Consulting Providers 2015
  • 3. | |JULY 2014 43CIOReview T imelines, quality and personalized service is the key strategy followed by Manmeet Virdi, CEO and Co- Chairman and Kamalpreet S. Virdi, President and Chairman of Aequor Technologies to deliver custom solutions and services to various industries. With over a decade of expertise, Aequor has been providing IT business solutions and consulting services across numerous industry sectors. “Especially for the pharmaceutical and life sciences sector, we are leveraging technology to simplify manufacturing, provide infrastructure to support supply chain, and business intelligence tools as well as analytics to improve revenue,” says Manmeet Virdi. Headquartered at Piscataway, NJ, Aequor works closely with the research teams of Life Sciences companies to implement automation solutions. “The knowledge acquired by providing Lab Automation and ELN engineers is helping us to provide automation solutions as a Managed Service, ”says Virdi. Aequor supports over 1900 various lab applications that provide lab automation to Electronic Notebook solutions. These applications have the capability to automate the lab processes, therebyenhancingthescientists’performance and efficiency in R&D operations. On the consulting space, Aequor plays the role of an advisor in the areas quality and compliance to the pharmaceutical manufacturers. Since the producers are rampantly affected by the changes in regulatory, trends and technology, Aequor assists them in aligning their investments in ITand manufacturing of drugs to meet the future demands vigorously. Additionally, the company has developed apps which help nurses to do Adverse Event (AE) search and Drug- Drug interactions (DDI). These events are reported immediately so that treatment can be reviewed.“Ataconsumerleveltheseareused to enlighten the customer about the drugs. At the sales team level, the tools are used to educate the team with their competitor’s drugs and the differentiators between the company’s medicines,” claims Virdi. All the tools are primarily built to enhance customer experience resulting in more sales. Aequor has so far tirelessly served the pharma industry to meet a standard level of compliance, automation of labs processes and quality. “Aequor is a company that listens to our customers… as a result, we gain the knowledge to better understand and interpret their strategic business agendas and deliver custom IT business solutions,” claims Virdi For instance, pharmaceutical firm needed an app to automate the lab process to analyze the raw data and convert them into meaningful information in order to save the time for scientists. “We designed and developed a windows application using agile development methodology. Our deliverables comprised of the Design Document, User Manual, Installation Notes, Change Request Document and Setup files,” says Virdi. With this scalable model, Aequor's application automated the entire lab processes which eventually saved the time for the scientists in analyzing the raw data. The application turned out to be a robust one after the implementation of all the validations. A global presence and our quality of service have helped Aequor garner major clients including many Fortune 100 Life Sciences Customers. Moreover, the company’s flexible pricing and delivery model as distinguished them among other contenders in the pharmaceutical industry. Moving forward, along with solutions and services, Aequor is working on a clear cut strategy to enhance their reach in the sector. “Our strategy is to acquire services and solutions to augment and grow our core skills. We want to continue our fleet of services and deliver a high quality product at a much faster pace to thwart competition,” says Virdi. As part of their expansion, Aequor has already taken over six acquisitions in last few years to create a niche for themselves. Aequor Technologies Customizing Solutions to Safeguard Human Life | |March 2015 64CIOReview “ The solutions we provide ensure that technology investments aid the acceleration of our clients' growth now and into the future ”
  • 4. APPLICATION SUPPORT & MAINTENANCE BUSINESS INTELLIGENCE/ DATA WAREHOUSING MANAGED INFRASTRUCTURE & SUPPORT BPO BUSINESS PROCESS OUTSOURCING E+M COMMERCE Please visit www.aequor.com for more details ENTERPRISE MOBILE APPS BUSINESS CONSULTING ERP – ENTERPRISE RESOURCE PLANNING SALESFORCE SERVICES AEQUOR IT SERVICES