Innovation, digitally mature products drive company growth, report says
ArisGlobal, the leading provider of software that automates core product development functions for over 300 global life sciences companies, today announced that it has been named as a Major Contender in Everest Group’s “Clinical Development Platform Vendors PEAK Matrix Assessment 2020.” The report ranks clinical trial technology providers’ ability to deliver integrated, modular, and interoperable platforms addressing life sciences needs from study start-up to closeout.
ArisGlobal is one of the few Major Contenders identified that provides an end-to-end clinical development platform. The company and others like it are “eating into the Leader’s market share through innovative and digitally mature product launches,” according to the report.
For instance, ArisGlobal’s new LifeSphere® eTMF streamlines the management of trial documentation with a simple cloud solution and the benefits of a unified CTMS.
“We are pleased that Everest Group has named us as a Major Contender on this year’s PEAK Matrix. We have made a deep investment into the rapidly evolving world of clinical technology with a focus on being leaders in innovation and intelligent automation,” said Sankesh Abbhi, President and CEO of ArisGlobal. “It’s amazing to see our efforts paying off with great industry recognition.”
Everest Group pinpointed several ArisGlobal strengths that placed them as a Major Contender, including:
- Partnerships with CRO’s and helping them increase their scope of coverage to better service their customers
- Investments to expand the clinical trial value chain coverage or enhance an existing portfolio of solutions
- ArisGlobal LifeSphere Regulatory platform is cited as an example of portfolio enhancement
The Everest Group PEAK Matrix assesses life sciences companies based on market success and delivery capabilities. Each year, the matrix categories service providers as Leaders, Major Contenders or Aspirants. If a company moves up the ladder in consecutive reports, they are recognized as Star Performers.