Database software major Oracle has unveiled Oracle Health Sciences Data Management Workbench to address the data challenges in healthcare industry.
The new software aims to help life sciences organizations to aggregate, reconcile, manage, and control their deluge of data arising from internal and external sources including electronic data capture, laboratory, safety/pharmacovigilance, and drug supply systems. It helps dramatically decrease the complexity of data management and reduce the cost of clinical trials.
Health Sciences Data Management Workbench enables health sciences organizations to improve clinical program productivity and reduce costs and risk by reducing study cycle times, improving data quality and decision making, said Steve Rosenberg, senior vice president and general manager, Oracle Health Sciences.
The software allows researchers to integrate, reconcile and analyze clinical data faster and more accurately to automate data load, transform and cleanse processes. As a result, study sponsors can make faster, more informed decisions that improve control, support adaptive studies and accelerate clinical trials and time to market, the company said.
With its ability to integrate and standardize data formats throughout the study process, Oracle Health Sciences Data Management Workbench automates the identification and correction of discrepancies in multi-source data that can jeopardize the validity of a study.