Satyam sets-up Life Sciences CoE
Sachin Jagdale – Mumbai
Global information technology giant Satyam Computer Services recently announced setting up of its Life Sciences Centre of Excellence (CoE).
The facility was inaugurated by Satyam’s Founder and Chairman, B Ramalinga Raju on the sidelines of RxCellence, the life science’s conclave that Satyam hosted at its state-of-the-art Satyam School of Leadership in Hyderabad.
The theme of the conference was faster, safer and smarter strategies for life sciences industry. Thought leaders, CEOs, business leaders, consultants, analysts, scientists and senior executives from different parts of the world attended the event.
Some of the eminent dignitaries were from the advisory board comprising ex-senior executives /ex-CEOs of leading life science companies.
In his speech, Ramalingam Raju said, “Life sciences industry has a great potential in developing nations like India. Whatever has been understood is now turning into an application. Information science is related to life science. If we apply some of the principles of IT to life sciences industry, then we can get much faster growth by paying less money.”
Commenting on the concurrent lines, Ram Mynampati, President, Commercial and Healthcare Business, Satyam, said, “Customers have moved on and ahead from the traditional services model. They are now looking at us, the service providers, to help identify tomorrow’s business challenges and collaborate proactively in building solutions and frameworks which deliver faster and better return on investments (RoI). We are setting up a number of CoEs for the industries we serve.”
The Life Sciences CoE will showcase Satyam’s domain expertise and thought leadership in the industry. It will house solutions cutting across the value chain, addressing a number of industry pain points. While there are quite a few discrete point solutions attempting to address various industry pain points, they are often incomplete requiring huge amount of customisation and complex integration.
The CoE solutions will provide necessary frameworks with flexibility and ease of customisation enabling faster implementations and therefore a better RoI. The CoE addressed industry needs in the areas of clinical drug accountability, drug counterfeiting, cell line management systems, high throughput analytics, clinical development, bioinformatics, supply chain, CRM, key opinion leader portals etc.
“This is a significant step for us,” said Kishore Rachapudi, Global Head, Life Sciences, Satyam. “We have been servicing customers in the life sciences industry for a number of years. We are now in a position to significantly contribute and help our customers in their efforts towards safer drugs to the market quickly in a cost-effective manner by leveraging these innovative frameworks and solutions. This, we believe, will contribute towards greater access and affordability of healthcare globally,” he concluded.
According to company officials, the Satyam CoE solutions are being reviewed and validated regularly by customers and the life sciences advisory board.