In the modern business environment, efficient data management is pivotal for informed decision-making and operational efficiency.
According to a report by Forrester, 95% of businesses cite managing unstructured data as a challenge. A pharmaceutical giant faced similar challenges, and they partnered with Noventiq to streamline their data management and analytics with Microsoft Fabric.
A Leading Pharmaceutical Company with a Global Footprint
The customer, a multinational pharmaceutical company, is one of India’s biggest players in the generic and specialty pharmaceutical sector. The company’s footprint spans 40 countries, 19 manufacturing units, and 800 brands globally.
With a strong presence in domestic and international markets, the company is committed to innovation, quality, and comprehensive pharmaceutical solutions.
The Customer’s Data Management Challenges
As a prominent organization with over 15,000 employees, the customer’s operations generate vast amounts of sales and procurement data. The customer faced significant challenges in data management, including:
- Data Silos: Sales and procurement data were stored in separate databases, creating data silos and complicating business analysis.
- Limited Visibility: Traditional reporting methods lacked the thoroughness needed to identify procurement trends.
- Hampered Decision-making: Inefficient data extraction and analysis hindered data-driven decision-making in both sales and procurement.
- Inefficient Data Transfer: Existing data transfer methods were slow, cumbersome, and lacked automation.
- Limited Data Governance: The customer faced difficulty in tracking data lineage and managing access control.
Noventiq’s Solution and Implementation
To combat these challenges, Noventiq proposed a solution of utilizing Microsoft Fabric, an AI-powered analytics platform.
Noventiq along with the customer IT team initiated the project by creating a dedicated Fabric workspace within the customer’s Azure environment. Resources were allocated to the workspace, and secure network connectivity was established for authorized users and data sources.
A comprehensive data pipeline was designed, and meticulous data transfer testing was conducted. This implementation helped the customer consolidate data from separate databases and ingest it seamlessly into OneLake.
The Impact
Noventiq's implementation of Microsoft Fabric yielded substantial benefits for the pharmaceutical giant:
- Enhanced Data Ingestion: The data ingestion process was streamlined, ensuring efficient integration of data from multiple sources.
- Improved Data Governance: The centralized data platform enhanced data governance, enabling better tracking of data lineage and managing access control.
- Informed Decision-Making: Microsoft Fabric’s advanced analytics empowered the customer to make data-driven decisions, improving sales and procurement functions.
- Operational Efficiency: The efficient data transfer and processing capabilities reduced operational complexities and improved overall efficiency.
The Way Forward
Noventiq’s implementation laid the groundwork for future projects related to data preparation and analytics for the leading pharmaceutical company. These projects include utilizing Microsoft Fabric’s capabilities for data cleansing and transformation, enabling effective reporting and application development.
A Power BI report for interactive data visualization is in the pipeline, and the customer is exploring potential no-code/low-code application development with Noventiq, unlocking exciting possibilities for future business growth.