RessiAI's Impact in Pharmaceutical Decision-Making

• Author: RessiAI Team
• Updated On: January 16, 2024

The pharmaceutical sector is a data-intensive industry where the timely and accurate analysis of information is necessary. RessiAI has been adeptly integrated into the pharmaceutical public and private landscape. It has revolutionized the way data is accessed and utilized, ensuring that critical decisions in medication development, production, and distribution are data-driven and efficient.

Challenges:

 • Managing a high data volume with over 279,947,522 data points, including 20,028 medications in the public sector and 1,605 in the private sector (up-to-date)

 • Ensuring data quality and integrity for accurate analysis and reporting.

 • Integrating diverse data types, including sales by geographical segmentation, tender processes, regulatory decisions, commercial exchanges, prescriptions, procurement processes, new product entries, consumption patterns.

 • Querying and analyzing a vast repository of 400 regulatory documents and government laws pertinent to the pharmaceutical industry, ensuring compliance and informed decision-making.

RessiAI's advanced data consolidation methods mitigate the risk of errors often associated with data aggregation from multiple sources. The platform's internal anomaly detection engine proactively identifies and alerts users to atypical data patterns. Additionally, RessiAI autonomously recognizes and reports new developments, such as a medication being produced by a new manufacturer or its debut in a new market, ensuring that decision-makers are always informed of the latest industry shifts.

Benefits:

 • Ressi relieved data teams of approximately 2,150 hours of work*, solving successfully more than 13,000 queries (*considering the average query resolution time by a human to be approximately 10 minutes).

 • RessiAI's implementation has slashed the average data query response time to 10-50s, drastically accelerating the decision-making workflow.

 • The system boasts an impressive average response accuracy of >95%, providing decision-makers with highly reliable data for strategic planning.

 • Data quality and integrity were maintained, providing confidence in the insights generated by RessiAI.