Stibo Systems - The Master Data Management Company
Master Data Management Pharmaceutical, Master Data Management Medical Devices
Master Data Management Built For

Life Sciences

Build better business controls around your customer, product and financial reference data; accelerate digital transformation and bolster regulatory compliance with MDM for life sciences.
A single system to manage product data improves ecommerce and communication across the organization

With the product information management solution from Stibo Systems, Halyard Health has achieved:

  • Quicker time-to-market
  • Improved traceability
  • Secure information sharing with customers and stakeholders
  • A single step approval process
  • Enhanced data quality through data governance processes
Get the Success Story
Halyard customer success story
MDM ROI CALCULATOR Put a figure on the return on your data management investment

Data management projects are hard to quantify. There is great financial value to be gained from improving data quality and automating data processes. But how do you estimate it? The ROI Calculator can help you build your business case for master data management.

GET YOUR CUSTOMIZED ROI REPORT
ROI calculator for the life science industry
 

Transparent data creates new ways to deliver patient care

Technology is allowing enhanced value-based relationships between manufacturers, healthcare payers, providers and patients.

Patient care is moving from a uniquely product-centric industry towards incorporating solution-oriented services. Advances in technology and the ability to collect, manage and analyze more data through sensors and devices, has allowed new types of business models to become part of the healthcare industry revolution.

Product-as-a-service is one of these models. Products are wrapped up as compounded solutions and services to give patients access to round-the-clock monitoring while hospitals free up resources for their outpatient services.

Value-based contracting is another business model that allows providers to pay according to the manufacturer’s product performance and usage metrics.

Such services are heavily reliant on transparent data.

Having data that is accurate, safe, secure, comprehensive and compliant means cost savings and increased revenue for manufacturers and better healthcare for patients and their providers.

Product, supplier, customer, HCP, HCO, … can you really trust your data?

From compliance to identification of new business opportunities, making data transparent means delivering better business outcomes.

In a data-driven organization, you can confidently make decisions based on the data you use daily. This is because the data is trusted.

  • You know where it came from
  • You know who has responsibility for it
  • You plan to use it for the purpose it was intended
  • You can share it with others knowing that they also will respect the policy that governs the data

The journey to becoming a data-driven organization starts with master data management.

Businesses, their regulators and their partners, make decisions based on the mission-critical data that describes customers, products and suppliers. Master data management ensures that your mission-critical data is fit for purpose and ready to be an active part of your business’ competitive advantage.

Do you understand your HCO/HCP data?

How data-driven are you when it comes to your healthcare organization and healthcare professional (HCO/HCP) customer and supplier data? Do you have the right processes in place to give you actionable insight? Take this quick online test and get recommendations on how to become more data-driven.

Make it easier for your customers to purchase your products

Adoption of product identification standards such as GS1 and IDMP helps increase transparency and efficiency in the digital supply chain.

Making sure you have accurate information about your products is not enough. You need data transparency to make sure that it was curated, enriched and distributed in a way that is controlled, auditable, secure and ethical.

Master data management delivers transparent data according to global standards including GS1 and IDMP.

With reliable, normalized information, you can provide your customers with the trusted data needed for automated e-purchasing and improved traceability along the supply chain.

An MDM solution for the life sciences industry supports governance of all data domains and creates the necessary uniformity of data across the supply chain and the enterprise.

 

Leverage master data management to drive insight, make better decisions and improve business agility.

Medical Device Manufacturing The Eight Business Benefits of Transparent Product Information Understand the eight ways in which a unified product information management solution can help your medical device manufacturing business. Get the Brief
Medical Device Manufacturing The Eight Business Benefits of Transparent Product Information Understand the eight ways in which a unified product information management solution can help your medical device manufacturing business. Get the Brief
Countdown to UDI Compliance Learn how you as a medical device manufacturer can comply with these regulations through MDM. Get the Infographic
View All Resources
 

The trusted name in master data management

OPEN PLATFORM OPEN PLATFORM
For seamless integration across systems and processes, connect your data with our open API and 100+ connectors to partners like Azure, SAP, Amazon, PowerBI, Qlik, Oracle and 1worldsync.
CLOUD-NATIVE SAAS CLOUD-NATIVE SAAS
Our master data management SaaS solutions are built with scalable, cloud-native technology, providing you with a more affordable and reliable way to optimize your most critical data.
MULTIDOMAIN MDM MULTIDOMAIN MDM
Stibo Systems Multidomain Master Data Management ensures unified governance across all data domains. Using common technology, the platform creates and manages new zones of insight to support data-driven decision making.

READY TO SEE MORE?

Let's talk about how master data management can bring data transparency to your business with an easy and scalable solution.
master data management for life science companies