Deloitte launches CognitiveSpark for marketing Artificial Intelligence Solution
CognitiveSpark for Marketing uses artificial intelligence (AI) to improve digital marketing ROI for life sciences organizations, allowing marketers to make AI-powered decisions at scale and at speed.
FREMONT CA: CognitiveSpark for Marketing leverages the power of AI to boost digital marketing ROI for life sciences companies, enabling marketers to make AI-powered decisions at scale and speed. According to a recent Deloitte survey of biopharma executives, digital innovation is now a top priority, with 77 percent of those polled claiming that their company considers digital innovation as a competitive differentiator. Furthermore, 86 percent of commercial leaders identified health care provider (HCP)/patient engagement as the top use case likely to be impacted by digital innovation.
The key imperative for biopharma clients is how digital transformation benefits patients and that client wants a solution which will guide them in identifying new possibilities, develop new insights and modeling to improve customer targeting and experiences, and personalize content in each customer’s journey. Above all, businesses want to better understand the latent drivers of customer behavior in order to provide the information customers require in managing their health while maintaining transparency and trust.
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When it comes to employing digital marketing to enhance patient engagement, life sciences organizations confront a number of hurdles, which includes:
• Siloed marketing and sales functions: Patient marketing and sales functions that are stove piped contribute to disconnected engagement.
• Data access and integration issues: As promotional data is obtained from a variety of sources, it is difficult to identify, integrate, and leverage data from impression to revenue increase.
• Theoretical versus experimental and engagement layers: Patient engagement strategies are frequently based on rigid and simple sometimes when business rules, making it difficult to identify and optimize engagement drivers.
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