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IDC MarketScape Names ZS a Leader in R&D Strategic Consulting and a Major Player in IT Outsourcing (ITO)

IDC MarketScape Names ZS a Leader in R&D Strategic Consulting and a Major Player in IT Outsourcing (ITO)

ZS was recently named a Leader in R&D strategic consulting and a Major Player in R&D IT outsourcing (ITO) in two IDC MarketScape assessments that illuminate the competitive landscape for R&D consulting firms in the life sciences space.

โ€œWhat makes ZS unique is that they are leading R&D digital transformation from the intersection of technology, data science and businessโ€

โ€œWhat makes ZS unique is that they are leading R&D digital transformation from the intersection of technology, data science and business,โ€ notes the author of the IDC MarketScape for Strategic Consulting, Dr. Nimita Limaye, Research VP, Life Sciences R&D Strategy and Technology, at IDC Health Insights. Some of the strengths attributed to ZS in the two assessments include:

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  • Accelerators.ย ZS is seen as an analytical powerhouse, armed with a host of proprietary artificial intelligence (AI) and advanced analytics-based accelerators made for a range of R&D applications within life sciences.
  • Solutions.ย To complement its collaborative, UX-focused engineering approach, ZS has built its solutions on a common-components framework (CCF) so they can ingest data from diverse sources and enable workbench flexibility.
  • Expertise.ย ZS is differentiated by expertise in niche areas, including clinical study and budget management, integrated study design and feasibility, translational research strategy, medical affairs and real-world evidence.
  • Innovation.ย ZS has built an advisory board of pharma leaders to help guide its strategy and remains focused on innovation: Over 50% of its ITO business is dedicated to innovation or intellectual property (IP) and one-fourth of its R&D ITO work is already AI-powered.
  • People.ย ZS retains a large, experienced and skilled workforce with a deep understanding of R&D, and it recently made three acquisitionsโ€”Medullan, Braincase LLC and the assets ofย ZS Vistaย (formerly BASES Pharmaceutical Forecasting)โ€”that will further enhance its products and offerings.
  • Partnerships.ย ZS has cultivated a strategic partnership ecosystem with key digital platforms and data providers, allowing the firm to generate insights based on rich, multidimensional data.

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โ€œZS is investing significantly in innovative capabilities across the research and development life cycle,โ€ noted Aaron Mitchell, ZSโ€™s R&D Excellence practice leader. โ€œThese investments reflect our commitment to strategically partner with our clients on the discovery and development of innovative medicines that improve the lives of patients.โ€

For R&D strategic consulting, ZS was placed in the Leaders Category of the โ€œIDC MarketScape: Worldwide Life Science R&D Strategic Consulting Services 2021 Assessment,โ€ ยน along with eight other vendors. In the โ€œIDC MarketScape: Worldwide Life Science R&D ITO Services 2021 Vendor Assessment,โ€ ยฒ ZS was named a Major Player in a cohort of 11 ITO providers.

โ€œZS is honored by this recognition,โ€ Aaron Mitchell reflected. โ€œAcknowledgement in these MarketScapes is especially gratifying, knowing they are partly based on our clientsโ€™ feedback.โ€

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[To share your insights with us, please write toย sghosh@martechseries.com]

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