News : Genpact Launches an Artificial Intelligence (AI)-Based Solution
New York, NY, USA, June 12, 2017 -- Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation for clients, is investing in digital technologies that are transforming industries. Genpact’s PVAI is a fully-integrated, end-to-end adverse event (AE) processing solution, leveraging intelligent automation to not only reduce the effort of processing adverse events, but also to enable an AI-driven level of real-time predictive analytics and actionable insight not previously possible.
"Industry leaders have stated that the current manually-intensive approach to AE processing is simply not sustainable and needs an innovative approach. Through robust pilot testing with clients, our new PVAI solution has proven that the vast majority of case processing can be successfully automated in a fraction of the time and cost," said Balkrishan ‘BK’ Kalra, senior vice president and business leader, Consumer Goods, Retail, Life Sciences and Healthcare, Genpact. "We continue to invest in PVAI and are excited to bring this holistic, unique and market-leading, AI-driven digital proposition to the industry."
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As part of its investments in PVAI, Genpact recently acquired the assets and team of November Research Group (NRG), a Berkeley, California-based provider of product vigilance software. The transaction added NRG’s domain expertise and fully-featured pharmacovigilance Software-as-a-Service. Terms of the deal were not disclosed.
"The November Research Group team is very excited to be part of the Genpact PVAI team and combining our deep domain expertise and our PV solutions with their AE data extraction engine, analytics, and innovative AI approach to provide a truly game-changing PV solution," said Brad Gallien, vice president, November Research Group. "Together, we are creating a new paradigm for drug safety."
Posted by Veronica Silva Cusi,, news correspondent
Today's Tip of the Day - Don't Assume Your Forecasting System Always Knows Best!
More Editorial From Genpact
Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
Published: Wednesday, June 14, 2017
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