Evanston, Ill. – December 27, 2023 – ZS, a global management consulting and technology firm, announced it has been named a Leader in the “IDC MarketScape: Worldwide Life Science R&D Strategic Consulting Services 2023 Vendor Assessment” (doc #US49950023, December 2023). IDC MarketScape is one of the industry’s premier assessment tools to evaluate vendors. The report highlights ZS’s differentiators including its proven ability to accelerate time to value. ZS partners with life sciences R&D organizations to deliver transformative outcomes for patients through data, analytics, technology and end-to-end expertise across discovery, clinical development and compliance.
According to the report, ZS’s other strengths include its life sciences domain and change management expertise, as well as its foundation in digital and analytics. Organizations should consider ZS when seeking a strong digital, data and analytics partner with deep life sciences domain experience.
“At ZS, we bring a unique, end-to-end view of the drug development value chain that helps our pharma clients bridge medical, clinical and discovery solution areas to more quickly and cost-effectively launch new therapies,” said ZS CEO Pratap Khedkar. “We aim to speed up the typical six- to seven-year drug development timeline by optimizing clinical development processes and reducing study durations by 20% to 30%.”
ZS also brings innovative strategies and thinking to niche areas such as the prioritization of use cases to drive investment decisions, the development of innovation score cards, clinical data valuation strategies, portfolio strategies, the development of clinical control towers and the ability to deliver long-term strategy along with short-term value, according to IDC’s report.
“Organizations are seeking help building digital-by-design business strategies, reinventing business models and driving cultural change,” said Dr. Nimita Limaye, research VP, life science R&D strategy and technology, IDC. “They are seeking strategic consulting partners with deep domain and tech expertise, and more importantly, partners that can serve as their brain trust and that they can rely upon to lead the way.”
The IDC report focuses on how strategic consulting companies are maturing and innovating to deal with the rapidly evolving clients and industries they serve. Top-ranked companies show a zeal for innovation, a depth and breadth to their knowledge base, and a cultural and strategic fit with their clients.
Read more about why ZS was named a Leader in this IDC MarketScape excerpt and how the firm has established itself as a trusted strategic consulting partner.
ZS is a management consulting and technology firm focused on transforming global healthcare and beyond. We leverage our leading-edge analytics, plus the power of data, science and products, to help our clients make more intelligent decisions, deliver innovative solutions and improve outcomes for all. Founded in 1983, ZS is thrilled to celebrate our 40th anniversary this year with more than 13,000 employees in 35 offices worldwide. To learn more, visit www.zs.com or follow us on LinkedIn.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.