ThoughtSphere’s objective is to use data science to help life science companies discover and deliver therapies to patients more quickly and intelligently. Biopharma, medical device sponsors, and CROs can use ThoughtSphere’s revolutionary platform to not only cut and optimise clinical development costs, but also to improve efficiency and efficacy in clinical trial procedures, and to acquire near real-time actionable insights. ThoughtSphere, which was founded by clinical information and technology industry veterans, intends to fulfil the promise of big data in driving health innovation. ThoughtSphere was founded over 30 years of experience from the leading global CRO and eClinical providers. ClinDAP, a sourcesystem agnostic data lake and integration platform that bridges the gap from data transformation to analytics, ClinACT, an interactive visualisation and analytics platform that enables RBM, QM, and CRO oversight, and SPACE, an integrated site budgeting, payments, and contracting solution, are among the company’s products.

ThoughtSphere assists in overcoming two of clinical trials’ most significant challenges: combining heterogeneous clinical and operational data and making that data accessible for use with existing analytics and visualization tools. Pharmaceutical and biopharmaceutical businesses, medical device sponsors, and contract research organizations (CROs) can reduce and optimize clinical development costs with ThoughtSphere’s revolutionary platform. Aggregate operational and clinical data to improve clinical trial efficiency and efficacy, and gain near real-time actionable insights for better RBM. The ThoughtSphere Life Sciences Cloud addresses four key use cases: data aggregation and collection, risk-based monitoring and oversight, budgeting and site payments, and data review and reconciliation. The company has created the only clinical trial data analytics hub that ensures patient safety, regulatory compliance, and trial cost control in a unique integrated manner. “Our platform enhances trial oversight through cleaner, more accurate data and revolutionary data visualization and analysis.” says Sudeep Pattnaik, CEO, Founder, ThoughtSphere. ThoughtSphere is a software firm that specializes in improving the efficiency and efficacy of operations in the pharmaceutical, biotechnology, and healthcare industries. The company’s market-leading solutions assist pharmaceutical, biopharmaceutical, medical device, and contract research organizations (CROs) in lowering development costs and better identifying hazards in clinical trials.

OUR PLATFORM ENHANCES TRIAL OVERSIGHT THROUGH CLEANER, MORE ACCURATE DATA AND REVOLUTIONARY DATA VISUALIZATION AND ANALYSIS

ThoughtSphere has created the only clinical trial data platform that ensures patient safety, maintains regulatory compliance, and controls trial costs in a unique integrated way with its ClinACT clinical analytics, oversight, and holistic Risk-Management solution, ClinHUB data collation and aggregation platform, and SPACE site payment and contracting environment. DMSphere, the company’s new clinical data management tool, and the new Business Intelligence (BI) Tool enable improved trial oversight through faster, cleaner data and groundbreaking data visualizations and analysis. The company specializes in Advanced Clinical Analytics Platform, Budget planning, CTA management & Investigator Payment Platform, RBM (Risk Based Monitoring Platform), Data Aggregation and Integration, Technology Consulting, Centralized Monitoring, Medical Monitoring, CRO Quality Management, Artificial Intelligence, and Machine Learning.

ThoughtSphere’s next-generation cloud-based Site Payment and Contracting Environment (SPACE) automates the payment process from start to finish, speeding up payment cycles and reducing the risk of human mistake in clinical trials. ThoughtSpere’s CTA Manager is highly configurable, template based engine makes use of user-defined rules that define contract to payment terms and generate CTAs. Contract regulations flow to payment terms through the company’s payment manager, which has a seamless interaction with CTA. Customers can use the company’s Site / Investigator Collaboration Portal to keep track of planned study subject visits as well as CTA & Payment Information for the sites. The company’s Trial Budget Planning allows for budget scenario planning with classified options for fixed and variable costs. Built-in approval protocols for scenario approval and tracking budget variances via planned vs. actual reporting.