LabVantage Announces Full-Featured Advanced Analytics Solution, Leveraging AI and ML Skills

LabVantage Solutions, Inc. announced a full-featured analytics solution, leveraging AI and ML capabilities, to provide actionable business insights and deliver a broader view of lab operations.

LabVantage Solutions, Inc., the leading provider of laboratory informatics solutions and services including a purpose-built Laboratory Information Management System (LIMS) that allows labs to go live faster and at a lower total cost. Announced the launch of LabVantage Analytics, a full-featured, self-service progressive analytics solution that lets users effortlessly explore, analyse, and visualize LIMS, enterprise, and external data to gain actionable business insights. Designed by analytics industry experts, LabVantage Analytics effortlessly integrates with all elements of the LabVantage LIMS platform, providing a single user-interface and workflow.

Robert Voelkner, Vice President, Sales and Marketing at LabVantage Solutions, Inc. said, “LabVantage Analytics represents another milestone in our support of digital transformation—turning scientific, business, and external data into accessible knowledge that speeds new discoveries, increases lab productivity, improves quality and reduces consumables waste and instrument downtime,”

He further added, “LabVantage Analytics incorporates these powerful analytic tools into the LIMS environment, using an artificial intelligence engine, machine learning, and predictive and prescriptive analytics to highlight those factors that matter most to business and laboratory managers. The goal is to help labs function more efficiently while pinpointing the key information needed for more informed and profitable decision-making. These include many hidden gems currently obscured in the massive data generated by laboratories. Our advanced analytics solution makes it easy to leverage data insights throughout the enterprise to improve operational efficiency, monitor testing quality more effectively, and reduce costs.”

LabVantage Analytics allows laboratory managers and their business colleagues both inside and outside the lab to take full control of their LIMS data together with relevant business and external data. It analyses both structured and unstructured data from a wide variety of sources, combining data ingestion, pre-processing, storage, analysis, and visualization into a single application. Its self-service features facilitating ease-of-use include dashboards and LIMS data reports that allow users to access the data they need without delay. The system also allows users to customize dashboards and add and modify reports. LabVantage Analytics is designed for seamless access from within the LabVantage LIMS solution and it can ingest data from any source, including other LIMS platforms.

LabVantage is known for its extraordinary customer service and the LabVantage Professional Services team is ready to assists users in set-up and implement LabVantage Analytics and maximize its ongoing value.

About LabVantage Solutions

A recognized leader in enterprise laboratory software solutions, LabVantage Solutions dedicates itself to improving customer outcomes by transforming data into knowledge. The LabVantage informatics platform is highly configurable, integrated across a common architecture, and 100% browser-based to support hundreds of concurrent users. Deployed on-premise, via the cloud, or SaaS, it seamlessly interfaces with instruments and other enterprise systems – enabling true digital transformation. The platform consists of the most modern laboratory information management system (LIMS) available, integrated electronic laboratory notebook (ELN), laboratory execution system (LES), scientific data management system (SDMS), and advanced analytics; and, for healthcare settings, a laboratory information system (LIS). We support more than 1500 global customer sites in the life sciences, pharmaceutical, medical device, biobank, food & beverage, consumer packaged goods, oil & gas, genetics/diagnostics, and healthcare industries. Headquartered in Somerset, NJ, with global offices, LabVantage has offered its comprehensive portfolio of products and services to enable customers to innovate faster in the R&D cycle, improve manufactured product quality, achieve accurate record-keeping, and comply with regulatory requirements for four decades.