Pharmaceutical companies rely on closed loop marketing to drive sales, but without a DataOps platform, the real time data and collaboration that is required makes closed loop marketing nearly impossible to achieve.

Organizations across all industries have an immense amount of knowledge, both in tangible and tacit form. Despite the proliferation of information, most organizations are dealing with a knowledge gap that inhibits innovation, growth and the cross-pollination of ideas. In order for organizations to benefit from their knowledge base and turn it into a true value proposition, it must be harnessed. The most effective way to capture and create knowledge for easy consumption is by investing in an Enterprise Knowledge Solution (EKS). According to Oztemel and Arslankaya (2012), an enterprise knowledge solution assists with “the representation, organization, acquisition, creation, use and evolution of knowledge in its many forms.[1]”  In addition to bridging the inherent knowledge gap that exists in organizations today, below are several other reasons why organizations should invest in an EKS.

Life Sciences firms have witnessed an explosion in available data sources. The chief catalyst for the proliferation of data within the health care and life sciences industry is the Internet of Things, specifically personal digital care devices. The wearable devices serve many purposes, from monitoring daily fitness activity to measuring glucose levels. For pharmaceutical companies, these devices are an efficient way of administering clinical trials.Instead of patients going to the hospital numerous times throughout the trial for health monitoring, patients can simply wear a digital device that captures all of the pertinent information.

Sagitec is helping their client, WorkForce West Virginia, rebuild their community after a one-in-a-thousand-year flood damaged homes and businesses and claimed the lives of 23 people in late June. The donation to the West Virginia Voluntary Organizations Active in Disaster (VOAD) will go towards the on-going recovery effort in some of the hardest hit areas in West Virginia. One of those areas is Kanawha County, which is where Workforce West Virginia’s central office is located.

The Sagi Stallions, a team comprised of employees from the Minnesota office, joined together to compete in the Minnesota Cricket Carnival on July 16 in Eagan, Minn. The Sagi Stallions, with the help of fellow coworkers, raised $1,750 for charity, which was the highest amount of money raised out of the 34 teams that competed in the tournament.

In 2012, Sagitec implemented a MWP for the Missouri Local Government Employees Retirement System (LAGERS) to satisfy the agency’s desire to offer their members and retirees increased access to their information.

Ever since the MWP went live in October 2012, LAGERS has experienced significant adoption rates and enormous business benefits. For instance, currently 24.6 percent of their active members and 25.4 percent of retirees have enrolled in the MWP.

The digital revolution is altering how organizations conduct customer service. Gone are the days of businesses relying solely on manual, in-person customer service delivery. The major impetus to adopt a more dynamic and technically driven method of customer service is from the customers themselves. They are demanding modern and convenient ways of accessing their information and communicating with organizations.  Pension agencies are not exempt from this external pressure to modernize their customer service delivery model. Therefore, many pension organizations are integrating a member web portal (MWP) with their benefit management solution. (To learn about how one of our clients is benefiting from a MWP, stay tuned for a future blog post that delves into the tangible business benefits that this client is experiencing).

According to the Association on Information and Image Management, “Enterprise Content Management (ECM) is the systematic collection and organization of information that is to be used by a designated audience – business executives, customers, etc. Neither a single technology nor a methodology nor a process, it is a dynamic combination of strategies, methods, and tools used to capture, manage, store, preserve, and deliver information supporting key organizational processes through its entire lifecycle.”

More than 50 Sagitec employees located at various offices across the United States participated in a day of giving to help feed people in need within their communities. Sagitec Solutions’ leadership believes that the company should be more than just a leader in developing innovative IT solutions – it should also be a positive influence within the community. This notion is underscored in one of the company’s core values, which states “Be bigger than ourselves.” Specifically, Sagitec is a company that believes in contributing to the communities in which the company operates; to see things from different perspectives; and to do more than is expected.

Are you contemplating whether to invest in a new pension administration solution? If so, this blog will provide you with compelling reasons why you should make a strategic investment in your IT infrastructure.