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Medidata Solutions, Inc

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Medidata Solutions, Inc - Healthcare showcase

Year Founded & Workforce

1999

1,600 Employees

Industry

Healthcare

Services

Data CaptureData ManagementAnalyticsTrial ManagementPlatform
M

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Medidata Solutions, Inc Overview

Company Headquarters: New York, US

Founded: 1999

Workforce: 1600+

Company Working:

Medidata Solutions, Inc. is a technology driven company which provides cloud-based solutions for life sciences and healthcare companies. It focuses on the development and marketing of clinical cloud platforms for conducting clinical trials as well as on the development of new therapies and offers services such as implementation, strategic consulting, partner support, sponsor enablement, and e-learning and training. It has a strong customer base of 1100 companies and it was involved in more than 16000 trials till date. It has a strong network and is present in all major markets and also has additional offices in the US, the UK, Japan, China, South Korea, and Singapore.

Strategy

Medidata Solutions, Inc. focuses on using the latest technologies and artificial intelligence to integrate existing and innovative technologies for the development of clinical trials. It is keen on establishing strategic partnerships with major players in the technology sector for developing new products.

Company Snapshot

$458.49M

Revenue

1,600

Employees

1999

Founded

New York, US

Headquarters

SWOT Analysis

Strengths

  • Innovative products
  • Diverse portfolio
  • Strong brand name in the global market

Weaknesses

  • Operational failures and issues related to quality

Opportunities

  • Expanding the product portfolio according to the market
  • Mergers, acquisitions, and equity investments

Threats

  • Changing competitive environment
  • Shortage of skilled people
  • Stringent government policies

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Product Offering

  • Medidata Solutions, Inc
    • Data Capture
    • Data Management
    • Analytics
    • Trial Management
    • Platform

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 458.5 Mn in 2016 to USD 635.7 Mn in 2018.
Medidata Solutions, Inc — By Business Segment
Series (USD Mn)201620172018
Sales458.5544.2635.7

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