Overview of the vendor assessment

There’s a lot to consider when shopping for real-world data (RWD) and real-world evidence (RWE). Check out this new IDC MarketScape focused on life sciences RWD and RWE to see:

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  1. “IDC MarketScape Worldwide Life Science RD RWE RWD Platforms Technologies and Consulting Services 2023 Vendor Assessment", By: Nimita Limaye September 2023, IDC # US51186723

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

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