Verix Archived Reviews (More than two years old)

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Vendor
Vice President, BI with 5,001-10,000 employees
May 08 2014

What is most valuable?

The solution has a number of distinct features that are noteworthy. First, it is an incredibly flexible and fast, yet comprehensive analytical solution. Verix has found a way to deploy the solution… more »

How has it helped my organization?

I lead a small team of highly trained experts whose job it is to understand the data that is important to our business. The team supports thousands of people across the company, including the sales… more »

What needs improvement?

I am very happy with Verix. The solution itself is flexible and reasonably priced. Therefore, I would like to see it expanded into different parts of the business, which I believe is the ambition.

What's my experience with pricing, setup cost, and licensing?

One of the nice things about the contract with Verix is that the offering terms are predefined. The contract allows for a liberal set of adjustments and changes within a defined scope. I know how much… more »

Which solution did I use previously and why did I switch?

I attempted to use our enterprise data warehouse coupled with a generic BI tool. This solution proved very costly, cumbersome to use and required many internal resources and consultants to support… more »

What other advice do I have?

I would recommend reaching out and talking to people with significant experience in developing and using BI tools. Learn about the different products and their pros and cons. Find out the deployment… more »
Vendor
Director, Sales Analytics at a pharma/biotech company with 501-1,000 employees
Apr 24 2014

What is most valuable?

One of the most valuable features of Verix is the flexibility that the solution provides. Depending on the end user’s needs, the data can be presented either broadly or in a more detailed, in-depth… more »

How has it helped my organization?

Verix has not only standardize the view of our sales data but has also enabled the data to be available to all the teams in the sales division. Previously, the sales reporting was region specific and… more »

What needs improvement?

There are tools in the market that have very slick graphical interface features. It would be nice to have the graphical user interface upgraded with some of these latest graphical features. I believe… more »

Which solution did I use previously and why did I switch?

We did not have a different solution before Verix and were mostly using excel.

What other advice do I have?

Ensure that there is adequate documentation of the processes, procedures and set-up of the solution.

Which other solutions did I evaluate?

We evaluated other options and determined that our needs would be met to the fullest with Verix.
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Vendor
CEO with 51-200 employees
Apr 10 2014

What is most valuable?

The ability to identify in real time changes in behavior that are in contrast to expected and past behavior. This applies to any constituent’s behavior – customers, prescribers, competitors, payers… more »

How has it helped my organization?

Regarding consumer goods, we are able to analyze almost in real time if there are problems with the product launch and the sale's funnel as well as to understand what are the relevant activities we… more »

What needs improvement?

Currently there are 10 applications in the solution such as product launch and funnel. In the future I would like to see Verix add additional analytical applications so that an even greater range of… more »

Which solution did I use previously and why did I switch?

I didn’t need to switch because Verix is able to co-exists with other BI solutions. This is because it focuses on actionable BI rather than just analytics. Before this product came on the market a… more »

What other advice do I have?

Most organizations currently have BI solutions embedded into their analytical environment. Verix is focused on improving the business processes and not just to provide an understanding of the status… more »

Which other solutions did I evaluate?

The current BI solutions that were already being used in the organization were potential candidates to deploy in order to cover the company's needs but they couldn’t handle the challenge. We evaluated… more »
Vendor
Director, Business Segment at a pharma/biotech company with 1,001-5,000 employees
Apr 02 2014

What do you think of Verix?

What is most valuable?

The key performance indicators to measure the health of our sales funnel

How has it helped my organization?

Improved forecast capability, increased return on investment for marketing leads, identify and share best practices more quickly

For how long have I used the solution?

More than a year

What do I think about the stability of the solution?

No issues with stability

Which solution did I use previously and why did I switch?

Previously we were using a solution called Business Information Warehouse, and another called Tableau. Neither was as easy to use or as advanced as the Verix solution.

How was the initial setup?

Straightforward; Verix built a working model of our…
Vendor
Deputy Director with 5,001-10,000 employees
Mar 09 2014

What do you think of Verix?

When my company, was about to launch two new high profile Oncology drugs, the need for a cutting edge, agile analysis solution was a prerequisite to guarantee success in this competitive market. Verix was chosen after a careful selection process, to support the sensitive and complicated launch process of these specialty products. Before adopting Verix, we invested in several enterprise-wide BI platforms. Alas, outcomes were suboptimal: reporting was slow to deploy, pushing users to create fragmented reports to meet acute needs. Even worse, those platforms were unable to change at the speed of business. The launch of our new Oncology drugs with Verix’s New Product Launch analytical application became a remarkable success. We enjoyed the clear actionable insights and consolidated…

What is Verix?

Verix offers cloud-based applications to analyze life sciences commercial operations and optimize business process performance. The Verix engine normalizes data inputs and applies predictive analytic algorithms to answer key, role-based questions and allow users to proactively act upon changes that affect the business.

Verix customers
P&G, Accenture, Roche Diagnostics, KV Pharmaceutical, The Nielsen Company, HealthCare Pharmaceuticals, Bayer HealthCare Pharmaceuticals
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