Service:
Go-to-Market, Business Development, Strategic Marketing
Industry
Healthcare
Architecting Predictive Healthcare
Predictive Healthcare delivered through Machine learning and Data Science driven Healthcare Analytics Tool. Takes input from various health test reports, in any format, does text data mining and provides outlier identification report.
Background
Incorporating high competitive Phlebotomist area with Pharma and Predictive Healthcare with Blank Brand Identity.
PROBLEM / OPPORTUNITY STATEMENT
Machine learning and Data Science driven Healthcare Analytics Tool. Takes input from various
health test reports, in any format, does text data mining and provides outlier identification report.
CRITICAL CONSTRAINTS
Data analysis and accuracy of predictions will be a key constraint for the success of the solution.
KEY OBSERVATIONS
Research Undertaking is a profit center operation, with focus on clients for Middle East, Europe and North America
SOLUTION
Primary Agenda was to
a) - Rollout a unique Predictive and Preventative Healthcare and Wellness Business, driven through technology
b) - Buy and retain IP of Analytics Product, along with clientele – a robust Analytics Product with a decade long
development history
c) - Dedicated team of Data Scientist with Health Sciences Domain Experience and
d) - Partner and Alliance Development Team with focus on Business Tie-in with Global Testing Laboratories
APPROACH TO SOLUTION
Setup Analytics IP, Data Science Team, Business
Development Team with Goals to Acquire test reports for analysis and Machine Learning, Acquire Paid Projects with Healthcare Domain Vertical Focus
KEY SOLUTION METRICS
Objective is to reach a business size of total business of Rs. 100 Cr by year 3 in Health Analytics Services. Built a Health & Wellness Clinic Brand & Network, focused on Technology enabled health care.
SOLUTION LIMITATIONS
Several international opportunities are available around healthcare predictive and analytics;
strong data science team and continued business acquisition will be a defining strength.
PROCESS APPLIED
Process involves rolling out of Predictive Healthcare Business, providing Preventative Care and Advisory - Developing Doctor's & Clinics Network Based and parallel development of Lateral Network of Insurance and Pharma Companies Brand/Franchise Growth
REVENUE IMPACT
Day 0 Revenue
Positive with
IRR of 40%
AD-HOC CONTRIBUTORS
Global Growth on Analytics and Related Services as a Knowledge Services.
KEY BENEFITS OF SOLUTION
Market delivered benefits apart, this allowed for centralized data and medical sciences merger with limited to no coding involved on the data science segment.