PAREXEL Informatics Recent Developments
In October 2018 PAREXEL developed several new solutions that take a patient-centric approach to address drug development. Built on the Perceptive Cloud platform and leveraging PAREXEL’s relationship with Microsoft, the solutions incorporate mobile and wearable technology to increase access to data and improve the patient experience in clinical research. The first solution is designed to enable health care staff and first line clinicians to communicate time-sensitive events to study staff. Leveraging Microsoft Azure App Services, the technology will generate health alerts through data transmission from mobile devices, gathered at the patient home or in the field and forwarded automatically whenever there is connectivity. Staff and investigators will then be automatically informed and could proactively address any threat to patient safety, potentially decreasing the risk of patient mortality and morbidity.
PAREXEL Informatics Overview
Ownership: - NASDAQ: PRXL
Employees: 19370
Functional Market: ERP Services and Operations Management,
Key Verticals: Life Sciences,
PAREXEL Informatics Key Enterprise & Cloud Applications
PAREXEL Informatics Cloud,
SCORES Analysis
PAREXEL Informatics Strengths
Perceptive Informatics has been leading the life sciences apps marketplace by successfully completing more than 500 integration projects to connect disparate applications across clinical technology systems provided by multiple vendors. PAREXEL introduced the latest version of its Regulatory Information Management (RIM) platform: LIQUENT InSight 6.0. Parexel introduced IMPACT Express Clinical Trial Management System (CTMS), a cost-effective clinical trial management solution to simplify clinical trial management and monitoring for small to mid-sized biopharmaceutical companies. PAREXEL and EMC Corporation have entered into an alliance to offer an end-to-end Regulatory Information Management (RIM) and Regulatory Content Management solution. By combining PAREXEL LIQUENT InSight Regulatory Information Management platform and EMC Documentum for Life Sciences software solution suite, PAREXEL will provides life sciences companies with a complete solution for a product’s entire regulatory lifespan. The offering is available through PAREXEL’s Regulatory Cloud.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
PAREXEL Informatics Revenues, $M:
| Type/Year | 2016 | 2017 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
PAREXEL Informatics Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
PAREXEL Informatics Enterprise Applications Revenues By Functional Markets, $M:
PAREXEL Informatics Enterprise Applications Revenues By Verticals, $M:
PAREXEL Informatics Revenues By Region, $M
| Region | % of Total Revenues | 2017 Total Revenues, $M | 2017 Enterprise Applications Revenues, $M | 2017 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
PAREXEL Informatics Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
PAREXEL Informatics Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
PAREXEL Informatics Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
PAREXEL Informatics Risks
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- Ability to handle internal and external risk and challenges
PAREXEL Informatics Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
PAREXEL Informatics Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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