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Medidata Solutions Inc   (MDSO)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 



 

What are Medidata Solutions Inc's Business Segments?



Medidata Solutions Inc is a global leader in developing and providing cloud-based solutions for clinical research in the life sciences industry. Medidata offers a wide range of products and services to its clients to help them manage their clinical trials efficiently, including comprehensive cloud-based technologies, consulting services, and software solutions. Here is an extensive description of the segments, products, and services offered by Medidata Solutions Inc:

Segments:

1. Clinical Cloud: The clinical cloud is a comprehensive technology platform that enables efficient data management, monitoring, and analytics throughout the clinical trial lifecycle. The clinical cloud includes the Medidata Rave platform, which is a leading clinical data management system used by thousands of clinical trials worldwide.

2. Acorn AI: Acorn AI is a subsidiary company of Medidata Solutions that offers artificial intelligence (AI) and machine learning (ML) solutions to help pharmaceutical and life sciences companies to optimize their clinical development process.

Products:

1. Medidata Rave: Medidata Rave is a cloud-based platform that enables clinical research professionals to capture, manage, and analyze data during clinical trials easily. It features built-in checks for data quality control, real-time monitoring, and clinical safety management, making it the number one choice for many of the world's leading pharmaceutical companies.

2. Medidata CTMS: Medidata CTMS (Clinical Trial Management System) is an all-in-one solution that helps clinical research professionals to manage their study operations efficiently. It provides tools for project management, site management, and site monitoring, enabling sponsors to oversee their trials accurately.

3. Medidata Patient Cloud: Medidata Patient Cloud is a mobile platform that provides patients with access to information about their clinical trials, making it easier for them to understand and manage their participation. The platform includes features for e-consent, ePRO, site communication, and more.

Services:

1. Clinical Consulting Services: Medidata's clinical consulting services provide clients with customized solutions to their challenges related to clinical trial management. The services offered include protocol development, data standards mapping, clinical monitoring, and risk-based monitoring.

2. Migration Services: Medidata offers migration services to help its clients to transition from their existing system to the Medidata platform seamlessly. The migration services ensure that data integrity is maintained, and potential risks are identified and addressed before the transfer of data.

3. Training and Support: Medidata provides support and training services to its clients to help them get maximum value from its products and services. The services include product-specific training, on-demand support, and technical consulting.

In summary, Medidata Solutions Inc offers a comprehensive suite of products and services designed to enable pharmaceutical and life sciences companies to optimize their clinical trial management process. The company's products and services are renowned for their effectiveness in capturing, managing, and analyzing clinical data, reducing risk, improving efficiency, and delivering results in real-time.
   

Medidata Solutions Inc Tax Rate Companies within the Software & Programming Industry


Business Segments Q2
Revenues
(in millions $)
Q2
Income
(in millions $)
(Jun 30 2019)
%
(Profit Margin)
Total 180.46 7.89 4.37 %

Growth rates by Segment Q2
Y/Y Revenue
%
(Jun 30 2019)
Q/Q Revenue
%
Q2
Y/Y Income
%
(Jun 30 2019)
Q/Q Income
%
Total 15.75 % 4.01 % -52.42 % -29.18 %

To get more information on Medidata Solutions Inc's Total segment. Select each division with the arrow.


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