Large Pharmaceutical Company transforms Marketing and Sales in the US using Master Data Management
Client background
Client: A leading pharmaceutical company
Revenue: USD 39.9 Billion
Industry: Pharmaceutical
Area of operations: Global
Customers: Anyone with a medical and dental condition
Challenges
The client was charged for poor compliance and record-keeping by the FDA. They were also overpaying for getting provider data for marketing and sales across all its departments. One of the significant challenges was to harmonize data across platforms along with centrally managing the data, resulting in silos of similar redundant data of pharma & consumer systems across the enterprise. Lastly there was a time gap in order processing which needed to be cut short to achieve more effectiveness and optimization in sales.
Solution
Wipro implemented Informatica MDM, a comprehensive Master Data Management solution, along with Informatica Data Director and real-time APIs, to overcome the challenges which the client faced.
Business impact
Implementation of best-in-class Master Data Management solutions resulted in a central repository of customer, product and alignment with a single source of truth for all data.
Quote:
On successful implementation of CERPS project which integrated Consumer and Pharma data, the order processing time was brought down to 2hrs.
“It has been a long 18 months, but you guys did it and I’m very thankful for all your efforts over this time period” - Director for information Systems PD