Case Study: a global pharmaceutical conglomerate achieves 85% improvement in product development with EvoluteIQ

Leading Pharmaceutical MNC Reimagines Their Product Lifecycle Management Using EIQ

A global pharmaceutical conglomerate faced significant challenges due to its complex and siloed landscape of multiple Product Lifecycle Management (PLM) solutions, which resulted from rapid growth and acquisitions. They needed a unified system to gain full digital traceability over their products' entire lifecycle across all business units in the U.S. and Europe. To address this, they partnered with EvoluteIQ.

EvoluteIQ implemented its platform to reimagine a unified and scalable PLM solution, integrating the disparate systems. The solution used EvoluteIQ's Data Flows, Process Flows, and Enterprise Connectors to enable continuous data transfer and connect with ERP and CRM systems. This implementation delivered an 85% improvement in new product development and go-to-market speed, a 79% improvement in Change Management KPIs, and 85% standardization of similar processes across product lines.