A $22B global pharmaceutical company spanning seven autonomous verticals recognized the opportunity to optimize spending toward growth and agility. With “Speed is the new currency” as the CEO’s directive, the organization embarked on a program to drive efficiencies across established enterprise applications.
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Mission-critical priority
The client was in a strong position to capitalize on growth opportunities across its seven autonomous verticals through a strong patient portfolio and pipeline. However, from a technology perspective, the company needed to be able to respond more rapidly, and it was hindered by the abundance of applications that had built up across the different verticals in the organization.
How Gartner helped
Gartner worked with the client from assessment to recommendation. This process included:
- Establishing an application rationalization program that assessed 2K+ apps using AppScore asset and on-the-ground Consulting support
- Transitioning ongoing advisory to a Gartner Executive Partner
- Workshops to target next growth opportunities
- Building a continuum of service to accelerate from insights to action and impact — driving
Business impact
With Gartner support, the client was able to:
- Created line of sight into $30-75M in cost optimization opportunity
- Accelerated rationalization outcomes across all verticals — a company first
Industry:
Pharmaceutical
Revenue:
Approx $22 Billion
Employees:
33,000
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