designing-and-developing-an-employees-incentive-system-for-pharma-companies
Designing and developing an Employees Incentive System for Pharma companies
August 17, 2022
Vlad Teodorescu Birla

One of our partners is a pharmaceutical company with operations in 20+ European countries, and 50+ countries worldwide.

With over 2000 shops internationally, they have a global impact on the pharma industry.

Pharma Statistics and Industry Trends 2022

  • 70% of surveyed pharma industry clients anticipate drug development to be the most impacted in 2022 by smart technologies, like Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP).
  • Continuous digital transformation, aimed at lowering the R&D price while simultaneously enhancing its efficiency, will become one of the leading tendencies in 2022
  • The size of the business intelligence and analytics software application market for the pharma sector will reach around $16.5 billion in 2022.
  • More than 80% of the US pharma companies’ executives believe that companies will rely entirely on agile working methods.
  • With year-on-year growth in the AI software market exceeding 100%, the experts expect its worldwide revenue to reach around $126 billion in 2025.

(Source)

mindit.io's custom software solutions for the Pharma sector

mindit.io designed and developed a unique application that offers sales people the chance to monitor and forecast their performance, all in relation to the monthly, quarterly, and annual targets set by the company.

The employees of the pharmaceutical company can now interact with their Incentive Platform using the supplied IPad application.

Through this innovative platform, employees can now measure their performance in real-time and forecast their bonuses, while providing a comparative view of the team's achievements, for both management and employees alike.

If you're interested in learning more about the project, visit our dedicated Employees Incentive System page, or drop us a line to get in touch.

We can't wait to meet you!

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