West Monroe teams with rMark Bio to drive AI adoption in life science
Management consultancy West Monroe Partners has entered a multi-year strategic partnership with rMark Bio, a Chicago-based firm which delivers artificial intelligence solutions to life sciences companies.
rMark Bio brings its AI platform Fabric, which delivers end-to-end integrated services and smart apps. The platform sources datasets; delivers modeling, predictive analytics, and machine learning to effectively interpret data; and then provides engaging user experiences with customizable apps and engagement analytics.
The firm’s solutions help pharma companies analyze data to understand stakeholder behaviors and beliefs, producing actionable recommendations to drive successful business outcomes.
West Monroe brings its deep business consulting and technical expertise in life sciences and other industries, with a national footprint of 1,400 employees.
Together, the pair of companies will use AI and data intelligence to transform how medical affairs and commercial teams engage with stakeholders, resulting in sustainable competitive advantage.
"While AI holds significant opportunity, organizations often struggle to effectively implement the technology in a way that delivers real, repeatable value," said Will Hinde, managing director and national leader for West Monroe's healthcare and life sciences practice. "Our mission is to make Medical Affairs and Commercial a competitive differentiator for our clients."
"AI is fundamentally transforming the life sciences landscape. West Monroe's reach, scale, and deep industry knowledge aligns seamlessly with our technology capabilities and customer needs," said Jason Smith, CEO of rMark Bio. "This partnership solidifies our commitment to leading customers through this period of transformation."
West Monroe, like many other consultancies, has been expanding its capabilities in digital transformation. The Chicago-based company recently completed its largest acquisition in its 17-year history, purchasing Minneapolis-based digital product studio GoKart Labs. The transaction added capabilities in the design, building, and launch of digital businesses and experiences.
