Verix Overview

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.

Buyer's Guide

Download the Business Intelligence (BI) Tools Buyer's Guide including reviews and more. Updated: June 2021

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

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it_user104361
Vice President, BI with 5,001-10,000 employees
Vendor
Business Analytics enables us to better understand our business and compare ourselves meaningfully to our competitors.

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 pain points. We went through several BI iterations prior to Verix that were unsuccessful. We would have saved millions if we had worked with Verix in the first place. Once we did, it was smooth sailing.
it_user108765
Director, Sales Analytics at a pharma/biotech company with 501-1,000 employees
Vendor
Verix has enabled us to standardize the view of our sales data and analytics; overall flexibility is excellent

What other advice do I have?

Ensure that there is adequate documentation of the processes, procedures and set-up of the solution.
Find out what your peers are saying about Verix, Tableau, ElectrifAi and others in Business Intelligence (BI) Tools. Updated: June 2021.
512,221 professionals have used our research since 2012.
it_user103722
CEO with 51-200 employees
Vendor
We evaluated Tableau, Splunk, and QlikView before choosing Verix.

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 of the organization's performance. In order to improve processes like sales operations and products launches you need to have actionable analytics and to have applications that are embedded into the business processes. This is why Verix excels, because they focus on other types of innovative solutions for a company.
it_user102069
Director, Business Segment at a pharma/biotech company with 1,001-5,000 employees
Vendor
Verix creates “dynamic” data which helps us predict future sales trends & identify vulnerable points in the sale process

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…
it_user96120
Deputy Director with 5,001-10,000 employees
Vendor
11 Different reporting platforms gave us a headache and outdated business analytics
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…