Blockchain
Deloitte’s ConvergeHEALTH Safety™ Receives 2019 SAP Pinnacle Award for Purpose Driven Partner Application of the Year
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Deloitte received the 2019 SAP® Pinnacle Award for Purpose Driven Partner Application of the Year, which recognizes Deloitte for creating applications that are “delivering significant social impact.” The award is one of four SAP Pinnacle Awards Deloitte won this year, including Digital Partner of the Year, Customer Experience Partner of the Year–Large Enterprise, and SAP® SuccessFactors® Partner of the Year–Large Enterprise.
The SAP Pinnacle Award for Purpose Driven Partner Application of the Year acknowledges Deloitte for its ConvergeHEALTH Safety
(Safety) solution and more broadly for its Reimagine Platform.
Built to address pharmacovigilance needs, Safety provides an evidence-based platform for safety intelligence — supporting an outcomes-based, patient-centric care model. Deloitte’s modular solution helps drive improved drug-risk profiles by mitigating risk and reducing cost, enabling safety professionals to focus on high-value opportunities.
The Deloitte Reimagine Platform is a portfolio of ready-to-deploy solutions, including SaaS offerings available via SAP Cloud Platform. It leverages SAP capabilities such as machine learning, Internet of Things and blockchain to help clients build an intelligent digital enterprise and innovate flexibly in areas such as finance, the supply chain and beyond.
“Digital leadership and innovation have been pillars of our work with SAP — essential for helping our clients take the lead in digital business, build the intelligent enterprise, and adapt in an ever-changing environment,” said Darwin Deano, principal, Deloitte Consulting LLP and the chief technology officer for the SAP practice. “The SAP Pinnacle Awards for Digital Partner of the Year and Purpose Driven Partner Application of the Year show just how strong those pillars are. As we continue to focus on helping clients build winning cloud strategies, adopt a ‘clean ERP’ approach, and embrace core-to-edge innovation, we will continue to build strength in these areas.”
Innovating and transforming the future of pharmacovigilance
Deloitte is helping to transform the way life sciences companies collect, process, analyze, and report on key safety related data. By offering the SAP HANA® business data platform as one of the strategic technology components for the platform, Safety is designed to accelerate response time, providing actionable insights through advanced visualization and predictive analysis to address core business needs and, ultimately, to improve patient safety.
“The SAP award recognizes and reinforces our commitment to offering clients an integrated and differentiated experience that combines our services, our cognitive and advanced analytics assets, and our deep understanding of the industry to lead the transformation to true insight-driven organizations,” said Kevin Sullivan, principal, Deloitte Consulting LLP and product sponsor for Safety. “ConvergeHEALTH Safety offers a proactive and cost-effective solution to the industry’s most complex risk, compliance, and operational challenges by focusing on improved patient outcomes fueled by the support of continuous industry and academia innovation.”
Safety also provides a high degree of flexibility to help life sciences organizations adapt quickly to changing business, technological and regulatory landscapes.
“Safety provides Life Science organizations with a robust platform for analyzing their rapidly expanding adverse event case data,” said John DiCamillo, product manager for ConvergeHEALTH Safety, Deloitte Consulting LLP. “As new sources for data continue to arise, Safety will help address the evolving regulatory requirements and unlock new possibilities for improved insights that inform a given product’s benefit-to-risk profile. As with all Deloitte products, Safety is built on secure and advanced technologies like SAP HANA, and supported by leading professional services, positioning our clients for continuous improvement and sustained success.”
As a comprehensive life sciences analytics application, Safety boasts one of the largest analytics footprint of any SAP HANA production deployment — to enable users to easily derive significant value from large and complex data sets.
“SAP technology enabled us to create a highly scalable and secure enterprise application, employing a user-friendly interface with a wide array of analytics capabilities,” said Stefan Kircher, chief technology officer for Deloitte Platforms, Deloite Consulting LLP. “Rapid access to the latest innovations, and reduced total cost of ownership are all part of the value proposition to our clients using this fully GxP-compliant and managed solution.”
For more information on Deloitte’s relationship with SAP, please visit www.deloitte.com/SAP, or contact [email protected].
ConvergeHEALTH brings powerful, demonstrated analytics platforms and data models. We use advanced proprietary and open source analytics, content and benchmarks through collaboration with industry leaders and deep experiences from Deloitte’s life sciences and health care consulting practice to help our clients survive and thrive in the new paradigm of value-based, personalized medicine. For more information, visit www.converge-health.com.
SOURCE Deloitte
Blockchain
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As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.
Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.
Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.
This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.
Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.
“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”
Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.
By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.
The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.
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