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

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

Page 1: Aequor Technologies is one of CIO Review’s Most Promising Pharma and Life Sciences Consulting Providers
Page 2: Aequor Technologies is one of CIO Review’s Most Promising Pharma and Life Sciences Consulting Providers

| | JULY 201443CIOReview| | JULY 201442CIOReview

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-ChairmanKamalpreet 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-ChiefPradeep Shankar

Aequor Technologies

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 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 & LIFE SCIENCES TECHNOLOGY SPECIAL

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

Timelines, 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, thereby enhancing the scientists’ 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 IT and 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. “At a consumer level these are used 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 201564CIOReview

Page 3: Aequor Technologies is one of CIO Review’s Most Promising Pharma and Life Sciences Consulting Providers

| | JULY 201443CIOReview| | JULY 201442CIOReview

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-ChairmanKamalpreet 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-ChiefPradeep Shankar

Aequor Technologies

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 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 & LIFE SCIENCES TECHNOLOGY SPECIAL

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

Timelines, 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, thereby enhancing the scientists’ 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 IT and 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. “At a consumer level these are used 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 201564CIOReview

“ The solutions we provide ensure that technology investments aid the acceleration of our clients' growth now and into the future ”

Page 4: Aequor Technologies is one of CIO Review’s Most Promising Pharma and Life Sciences Consulting Providers

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