BioIT Solutions: A Platform Enabling Biotech Success potential of computer systems to automate complex and laborious tasks. After 8 years working for a major corporation and earning an MBA, he started an IT services business in 1990. His first customer was a biotechnology company, launching a 25-year stretch in the biotech industry serving in a variety of capacities, including Chief Information Officer and director of high-volume DNA sequencing for Human Genome Sciences. He launched BioIT Solutions in 2006 to build advanced systems for emerging and established biotech companies, providing capabilities that Mike wished were available when he was a CIO. According to Mike, “The rapid convergence of biology and information science is creating an excellent opportunity for effective solutions for research, diagnostics, and personalized medicine. BioIT is at the forefront of this trend and we want to be part of transforming medical practice. What differentiates us even further is the way we help customers transition from scientific invention or discovery to commercialization”. Implementing Effective, Adaptable Solutions To obviate the need for a different application for each function, BioIT developed 1Platform4 to integrate multiple scientific and business processes in a logical, consistent and responsive work environment. 1Platform4 supports most functions that a typical biotech organization uses. The novel software is delivered using a rapid deployment process that begins with an expert review of customer processes and needs. Within a few weeks, customers begin productive work with a basic version of a system, gaining experience and directing adaptations. This method is more effective, flexible and less costly than traditional software development approaches. BioIT’s strategy is built on three key pillars - Firstly, their proven expertise in biotechnology and ability to bridge scientific work and business needs. Secondly, a deployment methodology that complements the scientific process. Finally, a software platform that accurately models biological data and automates routine information processing functions. Their commitment to customer success has been a guiding principle in the company. Mike says, “My colleagues and I are fortunate to have worked with a large number of people in the biotechnology industry over the past 25 years. Customers who have personally experienced BioIT’s staff and 1Platform4 system recognize the value of our solutions. That network of individuals has been a great source of referrals, spreading the word about their positive experiences and the superior results achieved.” B ioIT Solutions offers advanced computational, workflow and data management solutions for biotechnology research, clinical diagnostics and drug development. Years of experience working with research scientists and biotechnology managers inspired BioIT to address the most pressing operational needs of biotech companies with a streamlined, user friendly, and highly cost effective solution. With the introduction of 1Platform4®, BioIT enables its customers to quickly model their existing workflows in a manner tuned to their specific technology and work practices. 1Platform4 deployments can span R&D, product development, inventory management, manufacturing, compliance, and sales to enable smooth integration of corporate functions. Mike Fannon, Scientific Data Analyst to Entrepreneur Mike Fannon is the founder and President/CEO of BioIT Solutions. As an undergraduate studying physics, he developed programming skills to analyze scientific data and saw the 28 | Dec 2015 MostValuableTechCompanies ech 50 BioIT Solutions enables its life sciences partners to focus on core activities by removing information management obstacles. Mike Fannon President & CEO ‘‘ ‘‘ The landscape of IT Industry is changing speedily, and there is no way to go back. IT industry is experiencing a number of radical shifts, which is a result of the current economic requisites and existing technological developments. It is of an immense necessary for the businesses to keep on track of these developments closely while at the same time adapting vital products and services to meet new marketplace demands and to be in connection with their clients and customers. This is the age of ‘Digitization’, and that is the reason digital technologies like, mobile, social, big data and cloud, etc. are disrupting businesses everywhere by revolutionizing the role technology plays in our everyday lives. This emergence of Digital Business has sparked a shift in the relationship between man and machine. According to a research by 2017, a signicant and disruptive digital business will be launched conceived by a computer algorithm. A leading research says that worldwide IT spending growth in 2015 has been revised to negative 4.9%, which is up from last quarter’s negative 5.5%. Currency uctuations are the chief reason for this change. There are some noteworthy top industry trends who brought some major changes in the IT Industry like, mobile devices, cloud computing, virtualization, telework or virtual ofces and alternative productivity applications. For this year, these were some businesses where the IT Industry experienced more emphasis. Insights Success magazine has covered and presents you ‘IS 50 Most Valuable Tech Companies’, after scrutinizing a long list of services and solutions providers, highlighting for you ‘IS 50 Most Valuable Tech Companies’ that will showcase the most valuable Tech Companies available in the current market. BioIT Solutions, Inc. recognized by insights success magazine as An annual listing of the 50 most valuable Tech companies that are providing incredible tech solutions and services while impacting the marketplace. Manish Bansal Managing Director BioIT Solutions is an industry leader in delivering data management systems for the biotech and pharmaceutical industries. Mike Fannon President & CEO bioit.com Company: BioIT Solutions, Inc. Brief: Management: Website: IS 50 Most Valuable Tech Companies
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
BioIT Solutions: A Platform Enabling BiotechSuccess
potential of computer systems to automate complex and laborious tasks. After 8 years working for a major corporation and earning an MBA, he started an IT services business in 1990. His first customer was a biotechnology company, launching a 25-year stretch in the biotech industry serving in a variety of capacities, including Chief Information Officer and director of high-volume DNA sequencing for Human Genome Sciences. He launched BioIT Solutions in 2006 to build advanced systems for emerging and established biotech companies, providing capabilities that Mike wished were available when he was a CIO.
According to Mike, “The rapid convergence of biology and information science is creating an excellent opportunity for effective solutions for research, diagnostics, and personalized medicine. BioIT is at the forefront of this trend and we want to be part of transforming medical practice. What differentiates us even further is the way we help customers transition from scientific invention or discovery to commercialization”.
Implementing Effective, Adaptable Solutions
To obviate the need for a different application for each function, BioIT developed 1Platform4 to integrate multiple scientific and business processes in a logical, consistent and responsive work environment. 1Platform4 supports most functions that a typical biotech organization uses. The novel software is delivered using a rapid deployment process that begins with an expert review of customer processes and needs. Within a few weeks, customers begin productive work with a basic version of a system, gaining experience and directing adaptations. This method is more effective, flexible and less costly than traditional software development approaches.
BioIT’s strategy is built on three key pillars - Firstly, their proven expertise in biotechnology and ability to bridge scientific work and business needs. Secondly, a deployment methodology that complements the scientific process. Finally, a software platform that accurately models biological data and automates routine information processing functions. Their commitment to customer success has been a guiding principle in the company. Mike says, “My colleagues and I are fortunate to have worked with a large number of people in the biotechnology industry over the past 25 years. Customers who have personally experienced BioIT’s staff and 1Platform4 system recognize the value of our solutions. That network of individuals has been a great source of referrals, spreading the word about their positive experiences and the superior results achieved.”
BioIT Solutions offers advanced computational, workflow and data management solutions for
biotechnology research, clinical diagnostics and drug development. Years of experience working with research scientists and biotechnology managers inspired BioIT to address the most pressing operational needs of biotech companies with a streamlined, user friendly, and highly cost effective solution.
With the introduction of 1Platform4®, BioIT enables its customers to quickly model their existing workflows in a manner tuned to their specific technology and work practices. 1Platform4 deployments can span R&D, product development, inventory management, manufacturing, compliance, and sales to enable smooth integration of corporate functions.
Mike Fannon, Scientific Data Analyst to Entrepreneur
Mike Fannon is the founder and President/CEO of BioIT Solutions. As an undergraduate studying physics, he developed programming skills to analyze scientific data and saw the
28 | Dec 2015
Most�Valuable�Tech�Companiesech50
BioIT Solutions enables its life
sciences partners to focus on core activities by removing
information management
obstacles.Mike FannonPresident & CEO
‘‘
‘‘The landscape of IT Industry is changing speedily, and there is no way to go back. IT industry is experiencing a number of radical shifts, which is a result of the current economic requisites and existing technological developments. It is of an immense necessary for the businesses to keep on track of these developments closely while at the same time adapting vital products and services to meet new marketplace demands and to be in connection with their clients and customers.
This is the age of ‘Digitization’, and that is the reason digital technologies like, mobile, social, big data and cloud, etc. are disrupting businesses everywhere by revolutionizing the role technology plays in our everyday lives. This emergence of Digital Business has sparked a shift in the relationship between man and machine. According to a research by 2017, a signicant and disruptive digital business will be launched conceived by a computer algorithm.
A leading research says that worldwide IT spending growth in 2015 has been revised to negative 4.9%, which is up from last quarter’s negative 5.5%. Currency uctuations are the chief reason for this change.
There are some noteworthy top industry trends who brought some major changes in the IT Industry like, mobile devices, cloud computing, virtualization, telework or virtual ofces and alternative productivity applications. For this year, these were some businesses where the IT Industry experienced more emphasis.
Insights Success magazine has covered and presents you ‘IS 50 Most Valuable Tech Companies’, after scrutinizing a long list of services and solutions providers, highlighting for you ‘IS 50 Most Valuable Tech Companies’ that will showcase the most valuable Tech Companies available in the current market.
BioIT Solutions, Inc.recognized by insights success magazine as
An annual listing of the 50 most valuable Tech companies that are providingincredible tech solutions and services while impacting the marketplace.
Manish BansalManaging Director
BioIT Solutions is an industry leader in delivering data management systems for the biotech and pharmaceutical industries.
Mike FannonPresident & CEO
bioit.com
Company:BioIT Solutions, Inc.
Brief:
Management: Website:
IS 50 Most Valuable Tech Companies
Related Documents
