A survey of life sciences organizations shows the majority now describe themselves as “very data driven” but while 70% of biotech and pharma companies say they are using data effectively, only 30% of medical device companies say the same.

Nowsight works with pharmaceutical, nutraceutical and medical device companies to improve productivity, sales, exception identification and line efficiencies. By using data to improve overall KPI performance, companies can radically change the speed, insights and actions of their business.

The key is an advanced form of Business Intelligence focused on delivering Actionable Insights–delivering the right information, to the right people, at the right time.

Nowsight’s platform is a unique combination of Artificial Intelligence and Business Intelligence that learns what typical and normal performance looks like, and how that changes over time. Then our platform identifies notable exceptions–both positive and negative–compared to history, trends and goals.

It’s estimated that up to 80% of people in an organization spend 30-40% of their time reporting, analyzing and maintaining data. By leveraging the power of AI for computing and extrapolation of massive amounts of data, it frees up employees to work on growing the business and being proactive, rather than reactive and trying to find problems.

When the right information is delivered in the right way, to the right people–the data enables rapid decision making to drive business objectives and improving profitability.

All areas of the business need insights too–commercial or sales team, for example, require real-time actionable information to identify trends across customers, channels, markets and healthcare providers. Our sophisticated algorithms help sales teams quickly know what is working, to help them beat their goals and drive shareholder value.