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Why Pharma Marketers Must Embrace Big Data Now

Big Data as a Driver of Analytics

9 October 2012




       Paragon Solutions, Inc. Proprietary and Confidential
Agenda

What I would like to accomplish today is to provide an overview




       Paragon Solutions, Inc. Proprietary and Confidential
                               -2-
The Past
Big Data Historical Context




    Paragon Solutions, Inc. Proprietary and Confidential
The Past

                                   Fremont Rider, a Wesleyan University Librarian, published,
                                   “The Scholar and the Future of the Research Library”


1940’s Rider estimated university libraries were doubling in size every 16 years
 Given this growth rate, Rider speculates that the Yale
 Library in 2040 will have:
 •   ~ 200,000,000 volumes
 •   Occupy over 6,000 miles of shelves
 •   requiring a cataloging staff of over 6,000 persons

 Harvard Mark-1 is completed
 •   Conceived by Harvard professor Howard Aiken
 •   Designed and built by IBM
 •   Room-sized, relay-based calculator
 •   Quickly superseded by stored program computers

 Marketing Environment
 •   1st TV commercial aired July 1, 1941
 •   NY station before Brooklyn Dodgers & Phillies game
 •   10-second spot displayed a picture of a clock
     superimposed on a map of the United States
 •   Tagline "America runs on Bulova time”
                                         Paragon Solutions, Inc. Proprietary and Confidential
                                                                 -4-
The Past

                              H. Gray & H. Ruston published, “On Techniques for Coping with
                              the Information Explosion in IEEE Transactions on Computers


1960’s            To cope with the present information explosion they suggested

•   No one should publish any new papers
•   Or only short papers should be published <2500
    characters
•   Short papers should delete one or more papers
    whose combined length is 2501 characters +

CDC´s 6600 supercomputer unveiled
•   Performed up to 3 million instructions per second
•   Part of the speed derived from 10 small computers
    funneling data to a large central processing unit
•   Fastest computer in the world until 1968

Marketing Environment
•   Mass media dominated the consumer landscape
•   Audience coverage of 80% was accomplished with
    only three 60 second TV spots.




                                        Paragon Solutions, Inc. Proprietary and Confidential
                                                                -5-
The Past

                             Ithiel de Sola Pool published, “Tracking the Flow of Information
                             in Science”.


1980’s           Growth trends in 17 major communications media from 1960 to 1977

•   Words made available to Americans through
    media grew at a rate of 8.9% per year
•   Growth in the flow of information was due to the
    growth in broadcasting
•   By 1977 point-to-point media was growing faster
    than broadcasting
Cray introduces X-MP Supercomputer
•   CPU had a 9.5 nanosecond clock cycle
•   Supported 2 million 64-bit words (16 MB) of main
    memory in 16 banks
•   World's fastest computer from 1983 to 1985

Marketing Environment
•   1.800 numbers as a call to action was in its infancy
    changing the shape of television advertising
•   PC was just being offered to the general public
                                                                       CERN CRAY-XMP48 exposed at the EPFL in Switzerland
•   dB Marketing a precursor to CRM emerges

                                       Paragon Solutions, Inc. Proprietary and Confidential
                                                               -6-
The Past




So, what was
the impact on
 marketers?


           Paragon Solutions, Inc. Proprietary and Confidential
                                   -7-
The Past



1990’s           Citicard’s total transactions volume represented 4% of U.S. GDP


•   Unable to identify total purchases at the individual level
•   Hampered their ability to deliver & manage a personalized,
    tailored credit card experience
•   Customer relationship management impact limited



                                     American Express established a competitive niche
                                     •     Data control enabled precision profiling, segmentation
                                           and targeting
                                     •     Enabled concise personalize and tailored messaging
                                     •     Established control over LTV and Share of wallet KPIs




                                    Paragon Solutions, Inc. Proprietary and Confidential
                                                            -8-
The Present
Modern Day Uses of Big Data




    Paragon Solutions, Inc. Proprietary and Confidential
The Present




                       collects and aggregates data from the 4 million vehicles


•   Uses in-car sensing and remote app management software to create a virtuous cycle of
    information

•   Engineers glean information on a range of issues that could help them improve the quality,
    safety, fuel economy and emissions of the vehicle:
      - How drivers are using their vehicles
      - Driving environment
      - Electromagnetic forces affecting the vehicle
      - Feedback on other road conditions

•   Paul Mascarenas, Chief Technical Officer of Research and Innovation stated in CIO
    Journal, “Improving quality is about building a database and really understanding how
    people are using their vehicles and making better choices and better decisions”




                                  Paragon Solutions, Inc. Proprietary and Confidential
                                                         - 10 -
The Present



                           85 participants formed groups to create an application that turns
                           large amounts of health care data into useful information for
                           patients and care providers.


•   Winning team created the No Sleep Kills website,
    where people can access info on how poor sleeping
    patterns can lead to drowsy drivers & auto accidents

•   Aims to draw attention to the link between sleep
    apnea, a condition in which people temporarily stop
    breathing during sleep, and vehicular crashes.

•   They incorporated anonymized patient data from
    Athena Health and several sources, including publicly
    available data from Centers for Disease Control and
    the National Highway Traffic Safety Administration




                                   Paragon Solutions, Inc. Proprietary and Confidential
                                                          - 11 -
The Present




                          Medical diagnostics company developed 1st non-intrusive
                          test for predicting coronary artery disease


                           •     Developed predictive test that could identify coronary
                                 artery disease in its most nascent stages
                           •     Researchers analyzed over 100 million gene samples to
                                 identify the 23 primary predictive genes for CAD
                           •     Only blood test that can quickly and safely identify
                                 symptomatic patients unlikely to have obstructive CAD



The “Corus CAD Test,” was recognized as one of the “Top Ten Medical
Breakthroughs of 2010” by TIME Magazine




                        Paragon Solutions, Inc. Proprietary and Confidential
                                               - 12 -
The Future
Potential Marketing Use Cases




    Paragon Solutions, Inc. Proprietary and Confidential
The Future



Marketing has only begun to see the tip of “Big Data” iceberg


                                                  • What you wear

                                                  • What you see

                                                  • What you eat




 Are just a few of the events that will create data points impacting
 marketing capabilities in the future
                          Paragon Solutions, Inc. Proprietary and Confidential
                                                 - 14 -
The Future

                                                                          What you wear

Future of wearable health tracking sensors devices looks bright


                                                          •     A seed accelerator for health startups predicts
                                                                ~400 million products will flood the market by 2014

                                                          •     Tracking and analyze exercise, diet, and sleep
                                                                data will be commonplace

                                                          •     Sensors will emerge in unexpected items: Pillows,
    Jawbone UP flexible wristband $99.99                        seating (office, car), toilets




Implications: As marketers advance their profiling capabilities, identifying users
              of wearable devices will improve marketing message engagement
              and efficiency of marketing expenditure

                                           Paragon Solutions, Inc. Proprietary and Confidential
                                                                  - 15 -
The Future

                                                            What you see

It’s a visual world, is augmented reality the final frontier?

                                       •     Computer-generated sensory input (sound, video,
                                             graphics or GPS data) will enhance peoples lives

                                       •     Info about the surrounding real world of the user
                                             becomes interactive & digitally manipulatable

                                       •     People will tailor and personalize their experiences




Implications: As part of a comprehensive health regimen Marketers will be able
              educate patients and caregivers on the fundamental and advanced
              aspects of disease treatment and management


                           Paragon Solutions, Inc. Proprietary and Confidential
                                                  - 16 -
The Future

                                                               What you eat


“You are what you eat” soon to be a reality . . . . .

                                                     •     FDA approved Proteus ingestible digital
                                                           sensor will be used ubiquitously

                                                     •     Data capture and Real-time tracking will be
                                                           delivered to mobile healthcare app

                                                     •     Ability to share to designated 3rd parties;
                                                           HCPs, caregivers, solutions providers, etc.




Implications: Digital adherence programs that capture data points and provide a
              comprehensive real-time “health status” view will facilitate enhanced
              usage and move capabilities toward enabling advocacy relationships

                              Paragon Solutions, Inc. Proprietary and Confidential
                                                     - 17 -
The Future




The game changer in the future is not the content,
devise, channel, platform, or technology . . . .

         . . . . it’s capturing and leveraging the data




                    Paragon Solutions, Inc. Proprietary and Confidential
                                           - 18 -
The Path Forward



To advance enterprise marketing capabilities, consider . . .

                                • Consolidating marketing dB’s into single a repository

                                • Leveraging predictive models to advance profiling,
                                  segmentation & targeting capabilities

                                • Improving operational efficiency by utilizing an
                                  enterprise wide Campaign Management System

                                • Enhancing optimization through standardized KPIs




                       Paragon Solutions, Inc. Proprietary and Confidential
                                              - 19 -
Questions?

Big Data as a Driver of Analytics




       Paragon Solutions, Inc. Proprietary and Confidential

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What pharma mktrs need to know about big data now

  • 1. Why Pharma Marketers Must Embrace Big Data Now Big Data as a Driver of Analytics 9 October 2012 Paragon Solutions, Inc. Proprietary and Confidential
  • 2. Agenda What I would like to accomplish today is to provide an overview Paragon Solutions, Inc. Proprietary and Confidential -2-
  • 3. The Past Big Data Historical Context Paragon Solutions, Inc. Proprietary and Confidential
  • 4. The Past Fremont Rider, a Wesleyan University Librarian, published, “The Scholar and the Future of the Research Library” 1940’s Rider estimated university libraries were doubling in size every 16 years Given this growth rate, Rider speculates that the Yale Library in 2040 will have: • ~ 200,000,000 volumes • Occupy over 6,000 miles of shelves • requiring a cataloging staff of over 6,000 persons Harvard Mark-1 is completed • Conceived by Harvard professor Howard Aiken • Designed and built by IBM • Room-sized, relay-based calculator • Quickly superseded by stored program computers Marketing Environment • 1st TV commercial aired July 1, 1941 • NY station before Brooklyn Dodgers & Phillies game • 10-second spot displayed a picture of a clock superimposed on a map of the United States • Tagline "America runs on Bulova time” Paragon Solutions, Inc. Proprietary and Confidential -4-
  • 5. The Past H. Gray & H. Ruston published, “On Techniques for Coping with the Information Explosion in IEEE Transactions on Computers 1960’s To cope with the present information explosion they suggested • No one should publish any new papers • Or only short papers should be published <2500 characters • Short papers should delete one or more papers whose combined length is 2501 characters + CDC´s 6600 supercomputer unveiled • Performed up to 3 million instructions per second • Part of the speed derived from 10 small computers funneling data to a large central processing unit • Fastest computer in the world until 1968 Marketing Environment • Mass media dominated the consumer landscape • Audience coverage of 80% was accomplished with only three 60 second TV spots. Paragon Solutions, Inc. Proprietary and Confidential -5-
  • 6. The Past Ithiel de Sola Pool published, “Tracking the Flow of Information in Science”. 1980’s Growth trends in 17 major communications media from 1960 to 1977 • Words made available to Americans through media grew at a rate of 8.9% per year • Growth in the flow of information was due to the growth in broadcasting • By 1977 point-to-point media was growing faster than broadcasting Cray introduces X-MP Supercomputer • CPU had a 9.5 nanosecond clock cycle • Supported 2 million 64-bit words (16 MB) of main memory in 16 banks • World's fastest computer from 1983 to 1985 Marketing Environment • 1.800 numbers as a call to action was in its infancy changing the shape of television advertising • PC was just being offered to the general public CERN CRAY-XMP48 exposed at the EPFL in Switzerland • dB Marketing a precursor to CRM emerges Paragon Solutions, Inc. Proprietary and Confidential -6-
  • 7. The Past So, what was the impact on marketers? Paragon Solutions, Inc. Proprietary and Confidential -7-
  • 8. The Past 1990’s Citicard’s total transactions volume represented 4% of U.S. GDP • Unable to identify total purchases at the individual level • Hampered their ability to deliver & manage a personalized, tailored credit card experience • Customer relationship management impact limited American Express established a competitive niche • Data control enabled precision profiling, segmentation and targeting • Enabled concise personalize and tailored messaging • Established control over LTV and Share of wallet KPIs Paragon Solutions, Inc. Proprietary and Confidential -8-
  • 9. The Present Modern Day Uses of Big Data Paragon Solutions, Inc. Proprietary and Confidential
  • 10. The Present collects and aggregates data from the 4 million vehicles • Uses in-car sensing and remote app management software to create a virtuous cycle of information • Engineers glean information on a range of issues that could help them improve the quality, safety, fuel economy and emissions of the vehicle: - How drivers are using their vehicles - Driving environment - Electromagnetic forces affecting the vehicle - Feedback on other road conditions • Paul Mascarenas, Chief Technical Officer of Research and Innovation stated in CIO Journal, “Improving quality is about building a database and really understanding how people are using their vehicles and making better choices and better decisions” Paragon Solutions, Inc. Proprietary and Confidential - 10 -
  • 11. The Present 85 participants formed groups to create an application that turns large amounts of health care data into useful information for patients and care providers. • Winning team created the No Sleep Kills website, where people can access info on how poor sleeping patterns can lead to drowsy drivers & auto accidents • Aims to draw attention to the link between sleep apnea, a condition in which people temporarily stop breathing during sleep, and vehicular crashes. • They incorporated anonymized patient data from Athena Health and several sources, including publicly available data from Centers for Disease Control and the National Highway Traffic Safety Administration Paragon Solutions, Inc. Proprietary and Confidential - 11 -
  • 12. The Present Medical diagnostics company developed 1st non-intrusive test for predicting coronary artery disease • Developed predictive test that could identify coronary artery disease in its most nascent stages • Researchers analyzed over 100 million gene samples to identify the 23 primary predictive genes for CAD • Only blood test that can quickly and safely identify symptomatic patients unlikely to have obstructive CAD The “Corus CAD Test,” was recognized as one of the “Top Ten Medical Breakthroughs of 2010” by TIME Magazine Paragon Solutions, Inc. Proprietary and Confidential - 12 -
  • 13. The Future Potential Marketing Use Cases Paragon Solutions, Inc. Proprietary and Confidential
  • 14. The Future Marketing has only begun to see the tip of “Big Data” iceberg • What you wear • What you see • What you eat Are just a few of the events that will create data points impacting marketing capabilities in the future Paragon Solutions, Inc. Proprietary and Confidential - 14 -
  • 15. The Future What you wear Future of wearable health tracking sensors devices looks bright • A seed accelerator for health startups predicts ~400 million products will flood the market by 2014 • Tracking and analyze exercise, diet, and sleep data will be commonplace • Sensors will emerge in unexpected items: Pillows, Jawbone UP flexible wristband $99.99 seating (office, car), toilets Implications: As marketers advance their profiling capabilities, identifying users of wearable devices will improve marketing message engagement and efficiency of marketing expenditure Paragon Solutions, Inc. Proprietary and Confidential - 15 -
  • 16. The Future What you see It’s a visual world, is augmented reality the final frontier? • Computer-generated sensory input (sound, video, graphics or GPS data) will enhance peoples lives • Info about the surrounding real world of the user becomes interactive & digitally manipulatable • People will tailor and personalize their experiences Implications: As part of a comprehensive health regimen Marketers will be able educate patients and caregivers on the fundamental and advanced aspects of disease treatment and management Paragon Solutions, Inc. Proprietary and Confidential - 16 -
  • 17. The Future What you eat “You are what you eat” soon to be a reality . . . . . • FDA approved Proteus ingestible digital sensor will be used ubiquitously • Data capture and Real-time tracking will be delivered to mobile healthcare app • Ability to share to designated 3rd parties; HCPs, caregivers, solutions providers, etc. Implications: Digital adherence programs that capture data points and provide a comprehensive real-time “health status” view will facilitate enhanced usage and move capabilities toward enabling advocacy relationships Paragon Solutions, Inc. Proprietary and Confidential - 17 -
  • 18. The Future The game changer in the future is not the content, devise, channel, platform, or technology . . . . . . . . it’s capturing and leveraging the data Paragon Solutions, Inc. Proprietary and Confidential - 18 -
  • 19. The Path Forward To advance enterprise marketing capabilities, consider . . . • Consolidating marketing dB’s into single a repository • Leveraging predictive models to advance profiling, segmentation & targeting capabilities • Improving operational efficiency by utilizing an enterprise wide Campaign Management System • Enhancing optimization through standardized KPIs Paragon Solutions, Inc. Proprietary and Confidential - 19 -
  • 20. Questions? Big Data as a Driver of Analytics Paragon Solutions, Inc. Proprietary and Confidential