Overview:
In the rapidly evolving MedTech space, staying ahead technologically isn't just an advantage—it's essential. Our client, a well-established leader with decades of success, faced significant technical debt and an aging technology stack. The acquisition by a Private Equity firm aiming for expansion brought these issues into sharp focus, necessitating a comprehensive technological overhaul.
Objective:
Our main objective was to modernize the client's tech stack to boost scalability, performance, and reliability. We also aimed to cut down on cloud spend and operational costs, while enhancing system reliability and user satisfaction. Crucially, these improvements had to be implemented without disrupting the ongoing critical operations.
Challenges:
Our client faced significant challenges with their ETL process and data quality due to integration with multiple EHR systems. They needed to unify their data storage to reduce cloud costs and enable advanced data analytics and visualization capabilities to maintain a competitive edge in the market.
Solutions:
We undertook a thorough Discovery and Framing effort to dive deep into the client's tech stack, diagnosing the root causes of their issues. Our solution included building a data lake with a distributed querying engine, which reduced cloud spend by millions and increased scalability. We also developed a comprehensive data analytics layer to derive and identify predictions and insights across all customer data. This strategic approach not only unified the data storage but also enhanced the platform's scalability and stability, significantly reducing operational costs and improving overall efficiency.
