Innova Solutions | Top 20 Pharma & Life Sciences Tech Solution Company - 2016
Innova Solutions: Strategic Innovator in R&D Operations
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CIOREVIEW >> Pharma Life Sciences >> Innova Solutions

Innova Solutions has been recognized by CIOReview Magazine as the recipient of “Top 20 Pharma & Life Sciences Tech Solution Companies - 2016,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Rajkumar Velagapudi, CEO & President.

Innova Solutions
Strategic Innovator in R&D Operations

Innova Solutions

Rajkumar Velagapudi, CEO & President
Today, with the technology advancement in the pharmaceutical and life science industry, companies are demanding greater value, proven effectiveness of products, transparency and access to more information. In such a scenario, organizations are seeking more ways to improve R&D productivity, increase operational competence, rationalize spending on sales, and enhance financial performance. Innova Solutions, headquartered in Santa Clara, CA, assists pharmaceutical enterprises to improve the efficiency and effectiveness of their R&D operations by formulating new strategies for success. “Our wealth of industry based R&D experience and expertise helps organizations to evaluate their research strategy, improve portfolio management, and identify cost saving initiatives,” says Rajkumar Velagapudi, CEO and President, Innova Solutions.

The company’s Big Data Enablement and Pharma Sales Enablement solutions transform healthcare firms to data-driven enterprises by leveraging big data and analytics technologies. “We help clients to better manage and process the growing volume of data through increased investment in analytics in order to drive R&D productivity and business profitability growth,” adds Velagapudi. Their bigdata services also help pharmaceutical R&D department to employ IT-enabled support system, increase clinical-trial efficiency, and improve risk measurement.

Moreover, the company manages the pharma sales reports that are spread out geographically through their Pharma sales analytics solution, which provides insights into prescribers and sales, helping retailing executives to track their performance by geography and franchises. “Our platform integrates with standard CRM technologies and ERP applications, enabling automation in certain core life science operational areas, while reducing time to market,” points out Velagapudi. Facilitating organizations to develop better team performance, the solutions also enhances customer engagement, optimize retailing team capabilities as well as provide data-driven territory management.

Innova Solutions also specializes in helping pharmaceutical organizations to successfully migrate to cloud.

Our platform integrates with standard CRM technologies and ERP applications, enabling automation and reducing time to market


“We leverage best-of-breed migration tools and consistent implementation processes to produce predictable outcomes, lower operational risks, and improve efficiencies,” explains Velagapudi. “We have the unique capability to approach project from an application-centric or an infrastructure-centric perspective.”

With more than two decades of experience under its belt, Innova Solutions empowers its customers to undergo tectonic shifts and employ new technologies for continually adapting to the market’s changing demands. In one such instance, a large global pharmaceutical organization in North America leveraged Innova’s sales enablement service to quickly roll-out new mobile CRM processes and tools for both smartphones and iPads to its sales organizations in multiple countries. To create a competitive edge over other players in the market, Innova Solutions empowered the client with an ongoing application support services. The service helped the pharmaceutical client to deliver their new capabilities to its sales force 40 percent faster and at significantly a lower cost. “Our main focus is to enable pharmaceutical firms to spend less time managing their enterprise IT environment and spend more time increasing revenue opportunities and developing new products,” adds Velagapudi.

In addition, standing apart from competitors, Innova Solutions has also been awarded the HIPAA Compliance certificate, which reiterates their commitment to highest levels of confidentiality, data security, and excellence while delivering the premier standards of performance for clients. Forging ahead, the company plans on empowering more pharmaceutical enterprises globally to make transition to new technologies, enhance service models in order to deliver highest business value in the upcoming years.

Innova Solutions

News

Innova Solutions Expands Global Client Offerings with Integration of Volt International

Monday, July 17, 2023

ATLANTA - Innova Solutions, a global digital transformation solutions provider, has announced that Volt International will begin doing business as Innova Solutions International on July 10, 2023.

Innova, a provider of strategic technology services to clients across Europe, North America, and APAC, is set to integrate Volt International's workforce management capabilities into its existing suite of offerings. These offerings include digital product engineering, cloud services, intelligent automation, and business process outsourcing.

Earlier this year, Innova appointed industry veteran Paritosh Sharma to lead its European business operations. Operating as Innova Solutions International, the company will continue to serve clients through Volt's established offices and delivery centers in the UK, France, and Belgium. Additionally, Innova has plans to expand its presence in the region by opening new delivery centers, aiming to enhance global capabilities to meet the evolving needs of clients.

Since 1998, Innova Solutions has been delivering strategic technology and business transformation solutions to enable clients to become leaders in their respective industries. Last year, the company introduced a vertical business strategy consisting of strategic business units (SBUs) such as Healthcare, Insurance, & Life Sciences (HIL); Communications & Media; Retail, Manufacturing, & Transport (RMT); Banking and Financial Services (BFS); and Hi-Tech. This strategy aimed to provide a broader range of industry-specific offerings to guide businesses throughout their digital-first journeys.

Shantala Sadananda, Innova's President of Banking & Financial Services SBU & Emerging Markets, commented on the integration of Volt International, stating, "By combining Volt International's talent resources with Innova's extensive digital transformation offerings and capabilities, we are well-positioned to meet the rapidly changing technology needs of clients worldwide. As our team continues to grow, we remain committed to our mission of driving client success through innovation."

With Launch of Core Engineering Division, Innova Solutions Signals New Era of Specialized Engineering Solutions

Tuesday, July 02, 2024

ATLANTA, GA, UNITED STATES, -- Innova Solutions, a global digital transformation solutions provider, today announced the launch of Innova Core Engineering. With the creation of this specialized engineering services division, the company is poised to deliver cutting-edge solutions across multiple industries—manufacturing, automotive, energy & utilities, semiconductor & medical devices, & retail and CPG—leveraging its deep domain, IT, and engineering expertise and a proven track record of success.



"With the launch of Innova Core Engineering, we have brought together the formidable capabilities of both Innova and Volt to craft an unparalleled offering in the engineering space," said Jeff DeWitt, Group Vice President of Volt Technical & Innova Engineering. "The combined strengths of both organizations now enable Innova to deliver end-to-end engineering solutions that address the complex challenges modern businesses face. Clients can now leverage Innova's deep technology expertise along with Volt's proven ability to source and manage top engineering talent, creating a powerful synergy that drives innovation and accelerates project delivery."



Building on the strong foundation of Volt Engineering & Design Technical Solutions, Innova Core Engineering now offers an even more comprehensive suite of services. This includes:



• Mechanical & Electrical Engineering: Design, analysis, testing, digitalization, and product information management.

• Embedded Systems & Software Development: Concept-to-prototype development, validation, and cyber-hardening.

• Manufacturing Process Optimization: Simulation, automation, workflow efficiency, and Industry 5.0 solutions.

• Semiconductor Design Expertise: Analog, RF, mixed-signal, RTL & physical design, and verification.



“With the convergence of physical and digital worlds, Innova Core Engineering is a strategic realignment of our engineering capabilities to help our customers solve their complex engineering problems,” said Ashish Saxena, President of the REMTT Strategic Business Unit and Core Engineering at Innova Solutions. “By creating a dedicated focus solely on core engineering services, we're able to channel our expertise and resources more effectively, delivering innovative solutions that drive tangible results for our clients.”



Already serving an impressive portfolio of clients, including numerous Fortune 500 companies, Innova Core Engineering's reorganization ensures even greater benefits for its partners. The division's commitment to quality, reliability, and "white glove" customer service has earned it a 90% customer continuation rate. This focused approach allows for the delivery of transformative solutions that consistently empower clients to achieve significant cost savings, enhance regulatory compliance, and drastically accelerate time to market.



In response to the news, respected industry analyst Pareekh Jain offered the following endorsement: "Innova Core Engineering excels in specialized engineering skills, possesses distinct industry expertise, and fosters collaborations with prestigious clients. For enterprises seeking elite engineering talent with deep industry knowledge, Innova Core Engineering is the ideal engineering partner."

Top 20 Pharma & Life Sciences Tech Solution Companies - 2016

Company
Innova Solutions

Headquarters
Santa Clara, CA

Management
Rajkumar Velagapudi, CEO & President

Description
Provides solutions to improve R&D efficiency for pharmaceutical organizations

Top 20 Pharma & Life Sciences Tech Solution Companies - 2016

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