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On Thu, 19 Sept, 12:04 AM UTC
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Pfizer launches 'Analytics Gateway' in India, its first dedicated global commercial analytics centre
Pfizer Inc has launched the company's first ever dedicated commercial analytics centre in India called, the 'Analytics Gateway'. The centre located in Mumbai represents a milestone in Pfizer's international commercial strategy and is positioned to be a global capability centre for all of Pfizer's international (outside of the US) markets to bring analytics, and insight breakthroughs that will benefit patients, a note from the company said. The centre comprises an experienced pool of data and analytics experts, it added. 'Recognition of India's talent' The centre is expected to accelerate data science and AI solutions to meet Pfizer's ambitions in modernising marketing and creating an agile sales force. It will also drive continuous commercial effectiveness, enabling Pfizer to bring more of its medicines to more patients in India and around the world. Meenakshi Nevatia, Country President, Pfizer India, said, the centre is an important recognition of the skilled talent in data science and analytics that India can offer to the globe. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on September 18, 2024
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Pfizer sets up global capability centre in India - Times of India
NEW DELHI: Pfizer Inc launched the company's first-ever dedicated commercial analytics centre in India, which is also the company's first global capability centre for international markets. The 'Analytics Gateway' located in Mumbai is positioned to be a global capability centre (GCC) serving all of Pfizer's international (ex-US) markets to bring analytics, and insight breakthroughs that will benefit patients, says a company statement. The centre represents a significant milestone in Pfizer's international commercial strategy and will play a pivotal role in driving the company's growth across 140 international markets, utilizing cutting-edge data analytics, AI, and insights, it adds. This comes even as several MNCs and pharma companies are shifting their India strategy from marketing and distribution, to setting up GCCs to support their international operations. India, dubbed as the GCC capital of the world, is reportedly expected to cross over $100 billion in GCC export revenue by 2029-30 financial year, up from $64.6 billion in 2023-24. The centre that is set up in Mumbai, is expected to accelerate data science and AI solutions to meet Pfizer's ambitions in modernizing marketing and creating an agile sales force. It will also drive continuous commercial effectiveness, enabling Pfizer to bring more of its medicines to more patients in India and around the world. Meenakshi Nevatia, country president, Pfizer India, said, "The actionable insights generated by the Analytics Gateway will power up our global commercial engine as we modernize healthcare to meet the evolving needs of patients in India and worldwide and deliver strong patient outcomes." A business journalist with around two decades of experience tracking key consumer-focussed sectors like consumer durables, retail, consumer goods, aviation, automobiles and advertising, as well as economic ministries of the Union government. Now, writes primarily on pharmaceuticals and healthcare, and on issues of consumer interest. Besides also looks at trends that are shaping consumer behaviour and the broad consumer landscape. \nYou can follow Rupali on Twitter@Rupalijee.
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Pfizer, the global pharmaceutical giant, has established its first dedicated global commercial analytics centre in Hyderabad, India. The Analytics Gateway aims to enhance data-driven decision-making and support Pfizer's global commercial operations.
Pfizer, the renowned pharmaceutical company, has made a significant stride in expanding its global capabilities by launching its first dedicated global commercial analytics centre in Hyderabad, India. The facility, named the Analytics Gateway, marks a crucial step in Pfizer's commitment to leveraging data analytics for informed decision-making across its worldwide operations 1.
The Analytics Gateway is designed to be a cornerstone in Pfizer's data-driven approach to its commercial operations. This state-of-the-art facility will focus on developing and implementing advanced analytics solutions, aiming to enhance various aspects of Pfizer's business processes. The centre is expected to play a pivotal role in areas such as sales forecasting, market analysis, and customer engagement strategies 2.
Pfizer's choice of Hyderabad for this global centre underscores India's growing importance in the pharmaceutical and technology sectors. The company cited India's rich talent pool in data sciences and analytics as a key factor in this decision. This move aligns with the trend of global corporations establishing specialized centres in India to tap into the country's skilled workforce and innovative ecosystem 1.
The establishment of the Analytics Gateway is expected to create numerous job opportunities for data scientists, analysts, and IT professionals in Hyderabad. Pfizer plans to hire a significant number of employees for this centre, contributing to the local economy and further cementing Hyderabad's position as a hub for pharmaceutical and technology industries 2.
This new centre is part of Pfizer's broader strategy to enhance its global capabilities and streamline its operations worldwide. By centralizing its commercial analytics operations in India, Pfizer aims to improve efficiency, reduce costs, and accelerate decision-making processes across its global network. The insights generated from this centre are expected to inform Pfizer's strategies in various markets, potentially leading to more targeted and effective commercial approaches 1.
While the Analytics Gateway is currently focused on commercial analytics, there is potential for expansion into other areas of data analytics within Pfizer's operations. The success of this centre could pave the way for similar initiatives by Pfizer and other pharmaceutical companies, further strengthening India's position in the global pharmaceutical and analytics landscape 2.
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Takeda, a global biopharmaceutical leader, inaugurates its first Innovation Capability Center (ICC) in Asia, located in Bengaluru, India. The center aims to leverage AI and digital technologies to accelerate drug discovery, improve healthcare outcomes, and support Takeda's global digital transformation efforts.
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French pharmaceutical giant Sanofi announces a significant investment of $400 million to expand its Global Capacity Centre (GCC) in Hyderabad, India. The expansion aims to create 1,600 new jobs by 2026 and enhance the company's digital and data capabilities.
7 Sources
7 Sources
US-based animal health company Zoetis has opened a new capability centre in Hyderabad, India, marking a significant expansion of its operations in the country. The facility aims to support global operations and drive innovation in animal health.
2 Sources
2 Sources
American biopharmaceutical giant Amgen announces plans to open a new technology and innovation center in Hyderabad, India. The facility will focus on biotechnology, artificial intelligence, and digital innovation, creating job opportunities and boosting the local economy.
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India's Global Capability Centers (GCCs) see significant growth, with revenue reaching $64.6 billion in FY24. The sector's expansion attracts Fortune 500 companies, promising further growth by 2030.
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