Bridgewater/Piscataway, NJ May 31, 2021– Bloqcube Inc, the Piscataway based e-clinical software company, was cited in the Gartner Hype Cycle report of 2020 (available to Gartner subscribers). The report titled “Hype Cycle for Life Science Commercial Operations, 2020 was Published: 6 August 2020 ID: G00450345 by Animesh Gandhi, Michael Shanler. “This Hype Cycle helps life science CIOs identify and prioritize the most strategic and relevant technology investments to transform the commercialization of therapeutic products. CIOs should use this research to understand the business value, maturity levels and adoption rates.”
The report also indicates “In 2020, we have revamped this Hype Cycle to focus strictly on technologies and technology related ideas that will yield the greatest revenue growth and commercial efficiency gains. They support life science commercial operations functions, such as sales, marketing, market access and patient assistance. All noncommercial-focused profiles have been moved to “Hype Cycle for Life Science Manufacturing, Quality and Supply Chain, 2020” and “Hype Cycle for Life Science Research and Development, 2020.” Life science companies are facing unprecedented commercialization model disruption due to the COVID-19 pandemic. This has forced companies to rapidly shift their digital initiatives from planning to execution, highlighting the need for agility over completeness.”
“This Hype Cycle tracks key technologies and trends that support and drive commercial effectiveness. We include 33 innovation profiles affecting sales and marketing, patient engagement, market access, and data and analytics in the life science industry (including pharmaceutical, biotechnology, medical device and life-science-related service firms).”
As per the analysis by Michael Shanler and Andrew Stevens on Blockchain in Life Sciences in the Hype Cycle report, “The benefits, if the technology can be applied correctly, are very clear. Blockchain will enable efficiencies for reaching new customers, extending relationships with supply chain partners, better quality and more complete links between events, and it should expand the boundaries of traditional life science businesses.”
Bloqcube® has been listed as a Sample Vendor in the section on “Blockchain in Life Sciences”.
“The pandemic has highlighted the need for accelerating clinical trials’ operational processes and moving to fully decentralized clinical trials where patient safety remains paramount. Bloqcube® is a system that aids life science companies to deliver on that mission and we welcome this mention of our company by Gartner group, the only one in the domain of Clinical Trial Management Systems, as it’s a step forward in recognizing our innovative solutions for the benefits of patients worldwide” commented Rama Krishna Rao the CEO and Founder of Bloqcube. “This is the second year in a row that we have been listed in the Gartner Hype Cycle report.”
1 Gartner, Hype Cycle for Life Science Commercial Operations,2020, Animesh Gandhi, Michael Shanler 6 August 2020
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Bloqcube® is an innovative e clinical software system company that has built and recently launched a fully decentralized novel Clinical Trials Management and Financial Systems that uniquely integrates a financial module C2TA® along with multiple modules like EDC, e-Informed Consent e-TMF etc. to accelerate clinical trials – especially in a patient centric environment.
For more information, please visit Bloqcube
Rama K Rao