STOCK TITAN

PCI Pharma Services Selects Thoughtworks for Digital Platform Transformation with Agile Approach

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Thoughtworks (NASDAQ: TWKS) has signed a multi-year agreement with PCI Pharma Services to digitize its supply chain, aiming to expedite the delivery of life-changing therapies. The collaboration will co-develop tools for digital business modernization, enhancing client visibility in clinical and commercial drug supply chains across 100+ countries. This initiative includes expanding the pci | bridge platform, which offers real-time project statuses and analytics. Both companies will work closely using agile methods to improve self-service solutions and streamline data collection for better decision-making.

Positive
  • Multi-year agreement with PCI Pharma Services to digitize supply chain.
  • Enhancing visibility in clinical and commercial drug supply chains for clients in over 100 countries.
  • Co-developing tools to improve client decision-making and efficiency.
  • Expanding the pci | bridge platform for real-time project tracking and analytics.
Negative
  • None.

CHICAGO--(BUSINESS WIRE)-- Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced the signing of a multi-year agreement with PCI Pharma Services, a leading global contract development and manufacturing organization (CDMO).

Thoughtworks will help PCI in its journey to digitize its supply chain, with the goal of accelerating the time it takes to bring clients’ life-changing therapies to market for patients. By co-developing tools for digital business modernization, Thoughtworks will help PCI improve client visibility into its clinical and commercial drug supply chains for pharmaceutical and biotech companies of all sizes in 100+ countries.

By digitizing the supply chain, Thoughtworks will help PCI deliver greater insights to clients to increase their overall efficiency, support their business goals and ultimately produce high quality treatments for patients. The agreement includes expanding and adapting pci | bridge, an industry first-of-its-kind, end-to-end data platform that provides real-time status of projects, automatically identifies risks, spots trends and provides business analytics insights. With this modern application programming interface (API), clients have the ability to seamlessly integrate their systems with PCI’s, creating greater transparency and a more simplified process for decision-making.

“Digital transformation has been a key differentiating factor for PCI’s business strategy, and the evolution of pci | bridge will be critical to increasing client engagement and maximizing the value of data and analytics for PCI and our external partners,” said Wayne Hull, Chief Digital and Technology Officer, PCI Pharma Services. “With Thoughtworks’ 28+ years of experience at the forefront of innovation, we look forward to making our clients’ lives easier through this partnership."

With a shared commitment to customer-centricity, the Thoughtworks and PCI product and engineering teams will create a new level of intuitive self-service solutions for clients. The partnership will also simplify the collection and analysis of information to reach business insights faster and streamline processes to develop useful new products for clients. The teams will do this by working side-by-side using agile development methods, including pair programming, test-driven development and continuous integration/continuous delivery (CI/CD) automation.

“Recognized as a leader in global CDMO services, PCI Pharma Services is well on its digital transformation journey, providing clients with sophisticated supply chain solutions and a digitally integrated experience unlike anything else in the industry,” said Chris Murphy, Chief Executive Officer, Thoughtworks North America. “We are thrilled to partner with PCI Pharma Services as it empowers its clients to make even more powerful, life-impacting decisions through their expansive data and analytics ecosystems.”

Supporting resources:

- ### - <TWKS915>

About PCI Pharma Services

PCI is a leading global CDMO, providing clients with integrated end-to-end drug development, manufacturing and packaging capabilities that increase their products’ speed to market and opportunities for commercial success. PCI brings the proven experience that comes with more than 50 successful product launches each year and over five decades in the healthcare services business. We currently have 30 sites across seven countries (Australia, Canada, U.S., Ireland, Wales, Germany and Spain) and over 4,300 employees that work to bring life-changing therapies to patients. Leading technology and continued investment enable us to address global drug development needs throughout the entire product life cycle – from manufacturing capabilities through the clinical trial supply chain and into commercialization. Our clients view us as an extension of their business and a collaborative partner with the shared goal of improving patients’ lives. For more information, please visit pci.com

About Thoughtworks

Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. We are 11,000+ people strong across 49 offices in 17 countries. Over the last 25+ years, we’ve delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.

Media:

Linda Horiuchi, global head of public relations

Email: linda.horiuchi@thoughtworks.com

Phone: +1 (646) 581-2568

Source: Thoughtworks

FAQ

What is the recent partnership involving Thoughtworks (TWKS)?

Thoughtworks has signed a multi-year agreement with PCI Pharma Services to digitize its supply chain.

How will Thoughtworks (TWKS) impact PCI Pharma Services through their agreement?

Thoughtworks will help PCI improve visibility and efficiency in its clinical and commercial drug supply chains.

What technology will be developed under the TWKS and PCI Pharma Services partnership?

They will co-develop tools for digital business modernization and expand the pci | bridge platform.

In how many countries will the TWKS and PCI partnership enhance drug supply chains?

The partnership aims to enhance drug supply chains across over 100 countries.

Thoughtworks Holding, Inc.

NASDAQ:TWKS

TWKS Rankings

TWKS Latest News

TWKS Stock Data

1.45B
99.08M
8.35%
86.59%
5.41%
Information Technology Services
Services-computer Programming Services
Link
United States of America
CHICAGO