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IQVIA Announces IQVIA AI Assistant, Powered by IQVIA Healthcare-grade AI™

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IQVIA (NYSE:IQV) has introduced IQVIA AI Assistant, a generative AI technology designed to enhance how life science customers receive timely and powerful insights. This user-friendly, conversational text interface provides immediate analytic insights on topics such as brand and territory performance, competitive intelligence, and prescription drivers.

The AI Assistant is built on IQVIA Healthcare-grade AI™, which combines high-quality healthcare data with privacy safeguards and validated models. IQVIA is integrating this technology into various solutions, including Orchestrated Analytics, ChannelDynamics®Verbatim, Market Prognosis, and Clinical Data Analytics Solutions, enabling near real-time insights that previously required extensive expert analysis.

IQVIA (NYSE:IQV) ha introdotto IQVIA AI Assistant, una tecnologia di intelligenza artificiale generativa progettata per migliorare il modo in cui i clienti del settore delle scienze della vita ricevono informazioni tempestive e potenti. Questa interfaccia testuale conversazionale e user-friendly fornisce immediati approfondimenti analitici su argomenti come prestazioni del marchio e del territorio, intelligenza competitiva e fattori di prescrizione.

L'AI Assistant è basata su IQVIA Healthcare-grade AI™, che combina dati sanitari di alta qualità con salvaguardie sulla privacy e modelli convalidati. IQVIA sta integrando questa tecnologia in varie soluzioni, tra cui Orchestrated Analytics, ChannelDynamics® Verbatim, Market Prognosis e Clinical Data Analytics Solutions, consentendo approfondimenti quasi in tempo reale che prima richiedevano un'analisi esperta approfondita.

IQVIA (NYSE:IQV) ha presentado IQVIA AI Assistant, una tecnología de inteligencia artificial generativa diseñada para mejorar la forma en que los clientes de ciencias de la vida reciben información potente y oportuna. Esta interfaz de texto conversacional y fácil de usar proporciona informes analíticos inmediatos sobre temas como rendimiento de marca y territorio, inteligencia competitiva y factores de prescripción.

El AI Assistant se basa en IQVIA Healthcare-grade AI™, que combina datos de salud de alta calidad con salvaguardias de privacidad y modelos validados. IQVIA está integrando esta tecnología en varias soluciones, incluidas Orchestrated Analytics, ChannelDynamics® Verbatim, Market Prognosis y Clinical Data Analytics Solutions, lo que permite obtener información casi en tiempo real que antes requería un análisis exhaustivo por parte de expertos.

IQVIA (NYSE:IQV)는 IQVIA AI Assistant를 도입했습니다. 이는 생명 과학 고객이 시의적절하고 강력한 통찰력을 받을 수 있도록 설계된 생성적 AI 기술입니다. 이 사용자 친화적인 대화형 텍스트 인터페이스는 브랜드 및 지역 성과, 경쟁 인텔리전스 및 처방 요인과 같은 주제에 대한 즉각적인 분석 통찰을 제공합니다.

AI Assistant는 IQVIA Healthcare-grade AI™를 기반으로 하며, 이는 고품질 의료 데이터와 개인 정보 보호 안전 장치, 검증된 모델을 결합합니다. IQVIA는 이 기술을 Orchestrated Analytics, ChannelDynamics® Verbatim, Market Prognosis 및 Clinical Data Analytics Solutions를 포함한 다양한 솔루션에 통합하여 이전에 광범위한 전문가 분석이 필요했던 실시간 통찰력을 제공합니다.

IQVIA (NYSE:IQV) a lancé IQVIA AI Assistant, une technologie d'IA générative conçue pour améliorer la façon dont les clients des sciences de la vie reçoivent des informations opportunes et puissantes. Cette interface textuelle conversationnelle et conviviale fournit des analyses immédiates sur des sujets tels que la performance des marques et des territoires, l'intelligence concurrentielle et les facteurs de prescription.

L'AI Assistant est basé sur IQVIA Healthcare-grade AI™, qui combine des données de santé de haute qualité avec des garanties de confidentialité et des modèles validés. IQVIA intègre cette technologie dans diverses solutions, y compris Orchestrated Analytics, ChannelDynamics® Verbatim, Market Prognosis et Clinical Data Analytics Solutions, permettant des aperçus en temps réel qui nécessitaient auparavant une analyse experte approfondie.

IQVIA (NYSE:IQV) hat IQVIA AI Assistant eingeführt, eine generative KI-Technologie, die darauf abzielt, wie Kunden in den Lebenswissenschaften rechtzeitig und leistungsstarke Einblicke erhalten. Diese benutzerfreundliche, konversationsbasierte Textschnittstelle bietet sofortige analytische Einblicke in Themen wie Marken- und Gebietsleistung, Wettbewerbsintelligenz und Verschreibungsfaktoren.

Der AI Assistant basiert auf IQVIA Healthcare-grade AI™, das hochwertige Gesundheitsdaten mit Datenschutzvorkehrungen und validierten Modellen kombiniert. IQVIA integriert diese Technologie in verschiedene Lösungen, darunter Orchestrated Analytics, ChannelDynamics® Verbatim, Market Prognosis und Clinical Data Analytics Solutions, die nahezu in Echtzeit Einblicke ermöglichen, die zuvor umfangreiche Expertenanalysen erforderten.

Positive
  • Introduction of IQVIA AI Assistant, potentially enhancing customer service and efficiency
  • Integration of AI Assistant into multiple IQVIA solutions, expanding its application across the portfolio
  • Potential for faster and more accessible insights, reducing analysis time from hours/days to moments
Negative
  • None.

Insights

IQVIA's introduction of the AI Assistant marks a significant leap in healthcare analytics. This tool leverages IQVIA's decade-long investment in Healthcare-grade AI™, combining vast healthcare data with robust privacy measures and specialized models. The key innovation lies in its ability to provide instant, complex insights through a conversational interface, potentially revolutionizing decision-making processes in life sciences.

The integration of AI Assistant across IQVIA's product suite, including Orchestrated Analytics and Clinical Data Analytics Solutions, could substantially enhance the company's competitive edge. By dramatically reducing the time required for insight generation from days to moments, IQVIA is positioning itself at the forefront of the AI-driven healthcare intelligence market.

However, the true test will be in the adoption rate and the accuracy of insights provided. If successful, this could lead to increased customer retention and potentially open new revenue streams, solidifying IQVIA's market position.

The launch of IQVIA AI Assistant represents a potential game-changer in the $42.19 billion market cap company's product lineup. This tool addresses a critical need in the life sciences industry for rapid, actionable insights, which could significantly enhance IQVIA's value proposition to clients.

Key advantages include:

  • Reduced time-to-insight, potentially increasing client productivity and decision-making speed
  • Broader accessibility of complex data analytics to non-technical users
  • Integration across multiple IQVIA solutions, suggesting a cohesive strategy to embed AI throughout their offerings

From an investor perspective, this innovation could drive revenue growth by attracting new clients and encouraging existing customers to upgrade or expand their services. However, it's important to monitor the tool's performance and adoption rates in the coming quarters to gauge its impact on IQVIA's financial performance and market share.

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- IQVIA (NYSE:IQV), a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries, today introduces IQVIA AI Assistant, a generative AI technology that enables a step-change enhancement in how life science customers receive timely and powerful insights.

IQVIA AI Assistant is a user-friendly, conversational text interface that provides immediate and intuitive analytic insights. For the first time, customers can simply ask complex questions about their business and receive comprehensive and reliable answers in moments instead of hours or days. Available insights from IQVIA AI Assistant include brand and territory performance, competitive intelligence, prescription drivers and more.

The IQVIA AI Assistant is built upon IQVIA Healthcare-grade AI™, a trusted AI foundation that IQVIA has been investing in for more than a decade. IQVIA Healthcare-grade AI™ combines unparalleled, high-quality healthcare data with extensive privacy safeguards; fine-tuned, validated, fit-for-use models designed for use in life sciences; and quality-control benchmarking by scientific, healthcare and AI experts.

“IQVIA AI Assistant provides the precision, speed and trust required by our life sciences and healthcare customers. Through this purpose-built AI technology, we are fulfilling our mission of accelerating innovation to create a healthier world,” said Bernd Haas, senior vice president, IQVIA Digital Products and Solutions.

IQVIA is integrating its AI Assistant into a host of solutions across the portfolio, including IQVIA Orchestrated Analytics, ChannelDynamics®Verbatim, Market Prognosis and Clinical Data Analytics Solutions. For all these solutions, the addition of AI Assistant provides unique accessibility to near real-time insights that formerly required hours or days of work by subject-matter experts. Additional solutions that incorporate IQVIA AI Assistant are on the roadmap as part of a strategy to bring this new innovative capability to more customers so that they can drive healthcare forward, faster.

Learn more at https://www.iqvia.com/AIAssistant.

About IQVIA

IQVIA (NYSE:IQV) is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. IQVIA’s portfolio of solutions are powered by IQVIA Connected Intelligence™ to deliver actionable insights and services built on high-quality health data, Healthcare-grade AI™, advanced analytics, the latest technologies and extensive domain expertise. With approximately 88,000 employees in over 100 countries, including experts in healthcare, life sciences, data science, technology and operational excellence, IQVIA is dedicated to accelerating the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

Kerri Joseph, IQVIA Investor Relations (kerri.joseph@iqvia.com)

+1.973.541.3558

Trent Brown, IQVIA Media Relations (trent.brown@iqvia.com)

+1.919.780.3221

Source: IQVIA

FAQ

What is IQVIA AI Assistant and when was it announced?

IQVIA AI Assistant is a generative AI technology introduced by IQVIA (NYSE:IQV) to provide immediate and intuitive analytic insights for life science customers. It was announced on the date of the press release.

What types of insights can IQVIA AI Assistant provide?

IQVIA AI Assistant can provide insights on brand and territory performance, competitive intelligence, prescription drivers, and more for life science customers.

Which IQVIA solutions will incorporate the new AI Assistant?

IQVIA is integrating the AI Assistant into solutions including Orchestrated Analytics, ChannelDynamics®Verbatim, Market Prognosis, and Clinical Data Analytics Solutions, with plans to expand to more solutions in the future.

What is IQVIA Healthcare-grade AI™ and how does it relate to the AI Assistant?

IQVIA Healthcare-grade AI™ is the foundation for the IQVIA AI Assistant. It combines high-quality healthcare data, privacy safeguards, and validated models designed for use in life sciences, with quality-control benchmarking by experts.

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