Deloitte launches ExaLink, a multi-services platform that transcends legacy enterprise systems
RALEIGH, N.C., Sept. 12, 2016—Deloitte announced a hybrid cloud-based, multi-services platform, ExaLink, to help life sciences companies transform their commercial operations processes through innovative technology, compliance knowledge, and managed services operations related to commercial contracts, increasing government regulation and pricing pressures.
“Our vision is to address the issues that have been impacting our pharma clients as they pursue cost efficiencies while gaining greater visibility into critical commercial activities,” said Mel Walker, managing principal, Deloitte Advisory, Deloitte & Touche LLP. Business decisions today are often stalled due to lengthy software updates and slow system response times. We designed ExaLink as a true hybrid cloud platform that offers data security and scalability, operational management and access to business information that simply didn’t exist previously. Data functions that are cost centers can now be value drivers because of the greater focus on pre-deal analysis, post-deal monitoring, pricing discrepancies and the identification of lost revenue.”
ExaLink transcends enterprise systems by providing:
- No software updates: ExaLink can incorporate new or changed compliance requirements and address their impact on pricing strategy; and remain in control of business performance, methodologies, and processes while eliminating system maintenance and upgrade expenses.
- Minimal wait times: The unprecedented client portal allows immediate and mobile access to integrated business insights; can create day-one dashboards that enhance pricing decisions and contract negotiations; gives full visibility into workflows, and offers quick access to analysts and industry specialists with years of experience.
- Nearly unlimited data scale: ExaLink has a horizontal scaling platform that outperforms competitors’ vertical server stacking by integrating data within one platform for nearly unlimited scaling, and is backed by data security supported by more than 300 Deloitte cyber security specialists.
- Business transformation: ExaLink helps life sciences executives rethink business and operating models to deliver breakthrough value to customers and patients, reduce operational costs and day-to-day transactional processes, and redeploy employees to focus on areas that are more strategic to the business, such as pre-and post-deal contract management.
According to Guy Merritt, CTO and managing director, Deloitte Advisory, Deloitte & Touche LLP, "ExaLink was developed by a team of engineers who bring years of high- tech experience to the life sciences industry. This team has built the industry’s first public and private cloud platform that offers integrated business insights—from geospatial intelligence to a mobile client portal that allows our clients to move from highly transactional and siloed activities, to fully integrated data with greater clarity into business performance—anytime, anywhere.”
The ExaLink multi-services platform and mobile client portal views will be available for demonstration at IIR’s Medicaid Drug Rebate Program 2016, taking place in Chicago, Sept. 20-22.
About Deloitte Advisory
Deloitte Advisory helps organizations turn critical and complex business issues into opportunities for growth, resilience, and long-term advantage. Our market-leading teams help our clients manage strategic, financial, operational, technological and regulatory risk to enhance enterprise value, while our experience in mergers and acquisitions, fraud, litigation, and reorganizations helps clients emerge stronger and more resilient.