East Norriton, Penn. April 26, 2016. Life sciences companies spend billions of dollars each year on agencies and other vendors that provide consulting, data management, advertising, media, software and services necessary for their global commercial operations. TGaS® Advisors, a benchmarking and advisory services firm for life sciences companies, has provided information and suggestions on vendors to its commercial clients on a formal and informal basis since the company's inception in 2004. TGaS is now formalizing this service with the introduction of Vendor Insights, an online vendor management solution for commercial leaders. The new service was officially launched today at the semi-annual TGaS Client Summit in Chicago.
Vendor Insights is open to all life sciences companies. The subscription service covers vendors serving the entire commercial spectrum of service providers in the market, such as sales and sales operations, digital and multichannel marketing, marketing operations, managed markets, marketing sciences and training & development. The solution provides access to a very deep repository of searchable vendor profiles, including product offerings in each functional area, reach, areas of specialization and utilization information.
TGaS developed the profiles based on its years of operating in this market, as well as the experiences of the 60+ TGaS Associates who work at the Company. Vendors were and are provided with the opportunity to customize their profiles at no charge. Profiles are paired with usage ratings on such factors as subject matter expertise, value, quality and dependability. TGaS aggregates, verifies, analyzes and anonymizes all ratings information to ensure it is objective and fact-based, never disclosing any one single rating or rating company.
According to Stephen Gerard, CEO of TGaS Advisors, "Clients have always relied on us for vendor recommendations because of our long history of comparative benchmarking expertise. TGaS Vendor Insights provides a complete set of fact-based information, ratings and rankings on vendors, allowing clients to find the service provider who is right for them. Vendors can also publicize their services to a broader range of companies at no cost. Considering what even the smallest life sciences companies spend on these services, Vendor Insights is an important tool designed to derive the greatest value for these investments."
For more information, email contact@TGaS.com.
About TGaS Advisors
TGaS Advisors is the leading benchmarking and advisory services firm for commercial organizations in the life sciences industry. With a roster of top 50, emerging and precommercial life sciences companies, TGaS provides robust comparative intelligence and collaborative network membership services. The team includes more than 60 experienced professionals, most with senior-level experience in the life sciences and related industries.