Tata Consultancy Services (TCS) said that TCS ADD Safety, part of the TCS ADD platform that digitally transforms the entire clinical research and development (R&D) value chain, has bagged the ‘Best Technical Implementation for AI’ award during the 5th Global Annual Achievement Awards for Artificial Intelligence.
TCS ADD Safety won the award for re-imagining pharmacovigilance through the application of machine vision, artificial intelligence, IoT, and smart analytics for automating the intake, processing, and analysis of safety cases.
The cognitive solution, which is powered by the TCS Decision Fabric AI engine, is claimed to considerably bring down the time taken for processing safety cases, while boosting throughput with great accuracy.
TCS ADD Safety’s decision traceability and learning management capabilities enable the mapping of new ontologies. The platform makes use of natural language processing and artificial intelligence while adhering to regulatory compliance requirements.
Rachna Malik – Global Head of TCS ADD Life Sciences Platforms said: “With the TCS ADD platform, life sciences companies across the world can harness the power of AI and analytics to accelerate the development of new, more effective drugs for patients. TCS ADD Safety helps transform safety case management, and meet business and regulatory requirements effectively and efficiently.
“This award is a recognition of our ability to bring together our deep domain understanding of the drug development value chain and our expertise in cognitive technologies, to create a world-class platform that helps life sciences organizations accelerate their growth and transformation.”
Earlier this month, Tata Consultancy Services reported a 15.6% year-over-year growth in its Q4 FY2021 net income at $1.26 billion (INR92.4 billion). Read about TCS Q4 FY2021 results here.
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