Foresight Group Launches Hosting and Managed Services Offering

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Offering Forms a New Core Part of Foresight's Services

In keeping with Foresight’s history of implementing cutting-edge Pharmacovigilance Solutions and its reputation as the largest provider of Argus Safety solutions worldwide, the company recently announced the launch of its Hosting and Managed Services offering: Oracle Argus Safety-Powered by Foresight. Foresight’s efforts to expand its presence in the hosting business began with the launch of PV Monitor, a compliance monitoring solution. After the success of that venture, the company decided to push forward, hiring Wade Weinzetl as a partner to oversee this new service line.

“Our customers had been asking us to setup a hosting and managed services component of the company, as they no longer wanted to host in-house at a higher cost,” said Weinzetl. “Therefore, we set up multiple data centers and began to speak to clients about our services.”

Weinzetl continued to explain the benefits of Foresight’s Hosting and Managed Services Offering.
“Using Foresight enables a client to access unparalleled experience in the Drug Safety industry. The same personnel who have implemented over 50 instances of Argus are the very same people undertaking the managed services for hosted instances. Not only does this ensure quality, but it also helps our clients conserve resources by leveraging our pool, as opposed to their own staff. Furthermore, we are technology agnostic, so we can work with any software the client may have.”

“Also, our Hosting and Managed Services Offering fits directly into our business model; we can have a client’s system validated, implanted, and hosted in record time.”

This service is served from fully validated data centers in the United States and Switzerland. This also allows Foresight to customize a client’s instances of Argus to fit budgetary, financial and operational needs. The product includes:

  •     Secure GxP environment including 64-bit databases, storage arrays, web server farm and Citrix servers, firewalls, and all operational and network components
  •     Installation Qualification (IQ) and Operational Qualification (OQ) on all GxP components
  •     Foresight’s proven management policies and SOPs, including backup and disaster recovery
  •     Hosting of Oracle Argus Safety with Oracle 11g as its underlying database, along with Argus Insight/Analytics
  •     Optional connectivity to E2B gateways and third-party EDC systems

Foresight also pays heed to budgetary needs by offering two different managed services options. In the full version, Foresight will provide all configuration and validation work, infrastructure management, and application support. In our “Light” offering, the client will provide 1st and 2nd Level application support and perform most configuration work, with the exception of systems. Foresight will still oversee all validation and infrastructure management.

Foresight Group International AG is a global professional services company focused exclusively on clinical and post-marketing drug safety and surveillance services and solutions. From simple software selection to business process redesign, all of our services and solutions are delivered with precise, timely and cost-effective execution to help our clients achieve lower operational costs, minimize potential litigation costs and manage risk.

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John Heid
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