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Pages:
6 pages/≈1650 words
Sources:
7 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 29.16
Topic:

Marketing Strategy, Tactical Plan, and Growth Engine of BrightInsight Company

Essay Instructions:

You are requested to write an original paper of 2,000 words maximum. The assignment involves the analysis of a Start-Up company of your choice and its marketing strategy, tactical plan and growth engine.
Please use a global start up that operates in US or UK.

Essay Sample Content Preview:

BrightInsight Company
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BrightInsight Company Analysis
BrightInsight is a United States startup that provides expert Biopharma and MedTech monitory services by employing technology to boost medical solutions. The organization’s medical-grade internet of things (IoT) program is created under a quality management system to promote and polish regulated drugs and software through incorporated information and actionable insights that enable clients to increase patients adherence and engagement. The platform expedites marketing time for pharmaceutical and medical technology organizations, decreases implementation and maintenance costs, and regulates global markets (BrightInsight, 2022a). The increased number of baby boomers in the United States presents a special challenge for the need to introduce medical services for individuals living a digital life. As a result, innovative care delivery influences new digital health technologies.
BrightInsight integrates data from integrated medical facilities and therapeutics to provide intelligence to pharmaceuticals and medical technology organizations. BrightInsight differs from other programs in the market supporting non-regulated medical facilities since it was created from the ground up to promote CE-marked and combination product necessities. Also, it promotes FDA-regulated grade I, II, and III medical devices. The regulations enable the company not only to data collection from multiple interconnected medical devices and modern therapeutics but also allow clients to run intelligence and analytics that can facilitate automated intervention for patients (Tamtoro, 2019). The main objective of using personalized healthcare is to improve patients’ results. BrightInsight allows customers to ingest huge data from IoT medical instruments, store crucial data, and process and apply logic in the data. Pharmaceuticals and medical technology organizations maximize their therapies to increase adherence and engagement through advanced analytics and machine learning facilities.
Pharmaceuticals and medical organizations can use BrightInsight platforms to capture intelligence from applications and connected medical facilities to enhance results and adherence for patients with chronic infections. For instance, COPD patients get connected inhalers with certain instructions, and doctors can monitor their compliance. BrightInsight program gathers information from connected inhalers. It provides insight into the inhaler usage that pharmaceutical enterprises can use to enhance the products while healthcare providers support the correct use by patients (Tamtoro, 2019). With inhalers, physicians might like to know the number of times a patient uses the inhaler and the inhalation duration to determine personalized usage instructions and improve patients’ results. BrightInsight clients work in highly governed industries, making security, privacy, and reliability substantial. The organization is bound to look for strengths in any partner willing to cooperate with them.
The regulatory procedures governing the medical sector are strict since FDA regulates the United States medical faciliti...
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