C* Summit 2013: Adaptive Data Convergence for Life Sciences by Manish Sood

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Adaptive Data Convergence for Life Sciences Manish Sood | CEO & Founder, Reltio, [email protected]

description

The Life Sciences industry is undergoing significant changes in how companies do business due to recent legislative changes. The evolving landscape is forcing the Pharmaceutical companies to change how their entire Sales model and move from Prescriber based sales model to an Account based sales model, which has a downstream impact on Sales team organization, Field sales alignment, Incentive compensation and Marketing. This changing reality also requires that the Pharmaceutical companies understand and drive the changes to business strategy on insights driven by data about Prescription Sales, Medication Adherence, Claims, etc. to name a few categories of data sources. The required insights are derived from the convergence of data from multiple sources that include numerous internal applications, 3rd party data sources and social media. In this session, learn how Reltio is helping various Pharmaceutical companies cope with the evolving business landscape with a data driven strategy by leveraging the Reltio data science engine that runs on Cassandra.

Transcript of C* Summit 2013: Adaptive Data Convergence for Life Sciences by Manish Sood

Page 1: C* Summit 2013: Adaptive Data Convergence for Life Sciences by Manish Sood

Adaptive Data Convergence for Life Sciences

Manish Sood | CEO & Founder, Reltio, [email protected]

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© 2012-2013 Reltio

Summary – Adaptive Data Convergence for Life Sciences

Discussion  today  !   How  Rel(o  provides  SaaS  apps  for  Life  

Science  companies  for:  !   Sales  !   Marke(ng  !   Compliance  

Key  Elements  ! Mul(-­‐Tenant  ! Mul(-­‐Source    ! Mul(-­‐Channel  ! Highly  available,  zero-­‐down(me  ! Low  Cost  ! Business  User  experience  focused    

Key  Technologies  *  C*  with  a  graph  datamodel    *  Elas(cSearch  *  Hadoop  

What  does  Rel7o  do?  !   Applica(ons  that  run  on  Convergence  of  

Internal,  3rd  Party  and  Social  data  !   Public  (SaaS)  and  Private  Cloud  deployments  !   Ver(cals  -­‐  Life  Sciences  &  Financial  Services  

#Cassandra13, @Reltio, @msoodx 2 Empowering Perspectives

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© 2012-2013 Reltio

!   Decision making is moving from Prescribers to large Organizations

!   Hospital sector is concentrating and buying groups, as well as hospital chains, are emerging

!   Payers now have explicit negotiation relationships with the pharma industry

!   Online pharmacies are capturing increasing market share and are becoming major customers for pharma companies for OTC (over the counter) drugs

Changing Business Model for Life Sciences

#Cassandra13, @Reltio, @msoodx 3 Empowering Perspectives

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© 2012-2013 Reltio 4

Customers for Pharma companies – a complicated view

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

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© 2012-2013 Reltio

For every Life Sciences company data comes from multiple sources: !   Enterprise sources –12 or

more !   3rd Party data sources – 12 or

more that include: !   Reference data !   Prescription sales !   Claims processing !   Referral data !   Spend data

!   Social media sources – includes specialty networks

Common considerations

5 Empowering Perspectives #Cassandra13, @Reltio, @msoodx

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© 2012-2013 Reltio

!   Measure – account profitability, price leakage, and commercial terms

!   Identify – key accounts and the right level of investment

!   Tailor – pricing and tactics, contract options, and offerings for the account

!   Align the team – by determining the optimal size and setup of your Account team

!   Adjust incentives – to foster entrepreneurial behavior

Data driven Business

6 Empowering Perspectives #Cassandra13, @Reltio, @msoodx

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© 2012-2013 Reltio 7

Organizing Relationship data

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

Client  

Key  Connector  

Low-­‐Influence  Client  

Sphere  of  Influence  

Connec(on  path  

Improve  rela(onship  strength  

               

Clustering  by  Affinity  

High-­‐Influence  Client  

En(ty  to  En(ty  rela(onships  

Structured  Trees  and  Hierarchies  

Scale  free  informa(on  maps  

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© 2012-2013 Reltio 8

Deriving value from Complex Relationships

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

H  

L  

L   H  

Degree  of  Complexity  •  Degree  of  prescrip(on  control  for  selected  drug  class  •  Number  of  special(es  in  the  hospital  

Account  Opportunity  •  Prescrip(on  volume  •  Influence  on  other  

prescribers  •  Current  share  

Large  mul(-­‐specialty  hospital/chains  with  

high  control  

Large  hospital  with  low  control;  

significant  prescribing  freedom  

Small  single-­‐specialty  hospital  where  

physicians  influence  decisions  

Segmenta(on  scheme  for  Key  Accounts    

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© 2012-2013 Reltio 9

Other areas – Clinical Trial Patient and Investigator requirement

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

Data  from  mul(ple  sources  for:  •  Claims  •  Pa(ents  •  Diagnoses  Referrals    •  Health  care  providers  (HCPs)  referring  to  HCPs  

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© 2012-2013 Reltio

The Setup

!   Star schema !   Aggregate tables !   Query caching &

manipulation !   Support for MDM (master

data management) concepts such as matching, merging and crosswalk maintenance

The Results

!   Modeling adhoc dimensional relationships !   complex

!   Support for MDM concepts !   limitations with performance

& scale !   Hierarchical rollups and

aggregations !   slow

!   Multi-source fact data from disparate sources !   needs a separate table for

every disparate source

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What we tried

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

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© 2012-2013 Reltio

Groups  

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Reltio meta-model using C*

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

En((es  

En((es  

En((es  

En((es  

En((es  

En((es  

En((es  

En((es  

Transac(ons  Transac(ons  Transac(ons  Transac(ons  

Groups  

Groups  

Hierarchies  

Addi(onal  suppor(ng  ar(facts  built  into  the  model:  •  Concepts  (en((es  or  rela(onships)  can  have  have  

unlimited  a\ributes  •  En(ty  Matching  &  Crosswalks    maintenance  •  Dimensional  rollups  &  aggrega(ons  •  Change  History  •  Audit  and  Lineage  

Rela(onships  

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© 2012-2013 Reltio 12

Scaling Reltio

Empowering Perspectives #Cassandra13, @Reltio, @msoodx

Auto scaling Group

Auto scaling Group

Auto scaling Group

Auto scaling Group

Reltio UI HA Files Storage or

SAN for documents and image storage

Reltio API

Real-­‐(me  Index  

Shard

Replica

Users

Colocation optional

Cassandra    (Real-­‐(me  Datastore)  

Real-time Cassandra

Hadoop

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*  Reltio Convergence Hub - enables Data Convergence apps with MDM (master data management) at it’s core

*  for use by Customers, Data Partners and ISVs *  SaaS & Private cloud deployments for real-time and highly available

data management

Reltio - summary

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Thank you

Manish Sood | CEO & Founder, Reltio, [email protected]