Why do 10 of the top 10 medical device companies run Oracle applications?
Increasing product complexity. Regulatory pressures and reimbursement caps. The struggle to be first-to-market. Oracle for Medical Devices helps you meet all your business challenges with a powerful combination of technology and comprehensive, preintegrated business applications, including key functionality built specifically for medical device enterprises.
Oracle's Agile Product Lifecycle Management solutions help device makers achieve these goals by providing a single view into the enterprisewide product record—all the information required to conceptualize, design, source, build, sell, service, and dispose of medical devices. By allowing companies to manage the product record throughout its lifecycle—from research and development to prototyping development, clinical trials, regulatory approval, product introduction, market acceptance, and more—Agile Product Lifecycle Management solutions enable medical device makers to:
Accelerate revenue growth
Improve product quality
IMPROVE OPERATIONAL EFFICIENCIES AND OUTCOMES IN CLINICAL MANAGEMENT
Oracle's suite of applications for clinical development provide a streamlined system for managing large volumes of patient data collected during clinical trials. These applications offer features for modeling any kind of clinical study, automatically storing components for reuse in a flexible global library. Oracle's suite of clinical applications provide powerful study layout and design features, comprehensive edit check facilities, sophisticated tracking, full analysis and reporting capabilities, as well as an integrated remote data collection facility for site-based entry. Learn more about improving the Clinical Trial Management process.
REDUCE RISK THROUGH PROCESS VALIDATION AND COMPLIANCE
Built on a unified data model, Oracle Supply Chain Management is uniquely able to help you minimize risks, ensure compliance, and avoid costly recalls. It includes prebuilt tools that enable electronic signatures and automate regulatory recordkeeping. And Oracle's Siebel Adverse Event and Complaint Manager is a comprehensive solution that helps your company conduct safety and compliance monitoring by establishing flexible, global workflows enabling CAPA and product complaint resolution.
INCREASE MARKETING, SALES, AND SERVICES EFFECTIVENESS
Sales and marketing success requires tightly integrated, cross-functional teams that can quickly usher a medical device from research and development to testing and product launch. Oracle's CRM On Demand Life Sciences Edition-Medical Solution and Oracle’s Siebel Medical Sales enables medical device companies to quickly alter the customer engagement model by leveraging customer information gathered across various channels. With advanced, built-in analytics, Oracle supports customer targeting and segmentation, call execution and reporting, guided selling, territory and objectives management, and cross-functional business processes.