Deloitte Launches Life Sciences Safety Analytics Application Designed to Mitigate Risk, Streamline Safety Processes and Help Improve Patient Outcomes

News provided by

Jun 28, 2016, 08:00 ET

NEW YORK, June 28, 2016 /PRNewswire/ -- Deloitte today announced a new cloud-based analytics solution to help life sciences and pharmaceutical companies transform their pharmacovigilance processes through data driven, actionable insights and management. The solution is part of a broader set of planned integrated ConvergeHEALTH analytics applications to address core challenges for life sciences organizations. Developed by Deloitte Consulting's products and solutions practice, ConvergeHEALTH Safety (Safety) is a high-performance application that delivers easy-to-understand insights in the context of safety processes and helps improve decision making in real time.

As part of the offering, Deloitte has teamed with SAP to offer the SAP HANA® in-memory computing platform as one of the strategic technology components for the Safety application and additional ConvergeHEALTH analytics applications. Building on SAP HANA will enable Safety and other ConvergeHEALTH applications to bring together data warehousing and operational reporting, real time processing and advanced visualization and data science and predictive analysis into a single solution to deliver an integrated and intuitive user experience.

"Today's news underscores Deloitte's commitment to offering clients an integrated experience that brings together our services and advanced analytics assets with a deep understanding of the industry to realize sustained competitive advantage by becoming a true insight-driven organization," said Greg Reh, principal and U.S. and global life sciences sector leader, Deloitte Consulting LLP. "The new offering can transform safety processes from fragmentation and complexity to integration and efficiency to support life sciences companies' innovation through insight and contribute to better patient outcomes."

The new safety application offers life sciences organizations a pre-built set of cloud-based management and analytics tools for responding to regulatory and scientific inquiries, performing proactive safety surveillance and managing quality and compliance functions to improve the pharmacovigilance process overall.

The ConvergeHEALTH Safety application is designed to improve users' ability to:

Visualize: Understand trends; investigate anomalies; develop and share analyses through powerful and flexible data visualizations from disparate data sources updated in near real time
Report: Quickly curate data and generate standard reports; create new templates on the fly; reproduce reports and data sets as of any point in time
Detect: Identify, investigate and manage signals in the data; collaborate and share signals and analyses with peers
Manage: Create and manage reporting tasks to milestones; develop live executive dashboards; identify bottlenecks in processing
Protect: Aggregate and store data in a PHI/PII HIPPA-secured private cloud hosted and managed by Deloitte

Future ConvergeHEALTH cloud-based analytics applications and solutions will address pressing business needs across the life sciences functions (R&D, commercial, supply chain) to continue to help life sciences organizations unlock actionable insights, streamline critical processes and drive sustained competitive advantage.

ConvergeHEALTH Safety will be available for demonstration at DIA 2016, booth #1901, taking place in Philadelphia, June 26-30.

For more information on the Deloitte product and solutions practice, including the ConvergeHEALTH Safety application, visit http://www2.deloitte.com/us/en/pages/consulting/solutions/converge-health-patient-safety.html.

About Deloitte Consulting LLP
Deloitte helps organizations grow their businesses and enhance value by identifying actionable insights. More than 23,000 professionals provide a broad range of capabilities across human capital, strategy and operations, innovation and technology that are aligned to the particular needs of specific sectors, businesses and organizations. Deloitte provides clients with leading business insights that can help generate a tangible and measurable impact.

About ConvergeHEALTH by Deloitte
ConvergeHEALTH brings powerful, demonstrated analytics platforms and data models. We use advanced proprietary and open source analytics, content and benchmarks through collaboration with industry leaders and deep experiences from Deloitte's life sciences and health care consulting practice to help our clients survive and thrive in the new paradigm of value-based, personalized medicine. For more information, visit www.converge-health.com.

As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Logo - http://photos.prnewswire.com/prnh/20160614/379251LOGO

SOURCE Deloitte