DATATRAK built its multi-component, cloud-based solution through a single, unified clinical research platform leveraging a single database architecture and expanded this concept to include services delivery from the DATATRAK Clinical and Consulting Services (“DCCS”) group. The Company delivers a complete portfolio of software products designed to accelerate the reporting of clinical research data from sites to sponsors and ultimately regulatory authorities more efficiently than loosely integrated technologies. The DATATRAK ONE® unified software solution, deployed worldwide through its cloud offering, supports pre-clinical and Phase I – Phase IV drug and device studies in multiple languages throughout the world.
DATATRAK International, Inc. has the longest-standing history of any EDC (Electronic Data Capture) provider in the clinical trials industry. DATATRAK began with an EDC focus in 1995 and acquired its own product suite from EDS Germany in January 1998. This product suite was renamed DATATRAK EDC.
The company realized annualized revenue growth rates of 40 to 60 percent from 2002 through 2005 and offered an unparalleled EDC solution that was widely utilized. But the market was changing. The DATATRAK Management Team foresaw industry needs to bring true cost and time savings to clinical trials. The next generation of solutions would have to deliver a unified, multi-component software architecture that would leave behind the cumbersome nature and expense of disparate, integrated solutions.
In February 2006, DATATRAK acquired the most complete and unified software architecture in the industry in the innovative platform developed by ClickFind, Inc. of Bryan, Texas. The product suite, DATATRAK eClinical® contained robust clinical trial functions and workflow capabilities.
In October 2010 DATATRAK anticipated the need to support clients with services, forming a new department, DATATRAK Clinical and Consulting Services (DCCS). DCCS expanded the DATATRAK operations support services group to provide learning solutions, a comprehensive Solution Center, trial design and project management capabilities with expanded support service.
In 2013, DATATRAK completed a transformational upgrade to the DATATRAK ONE® platform, activating unsurpassed user benefits. The DATATRAK ONE® software suite provides the following capabilities: CTMS; EDC, including medical coding; risk-based monitoring; digitized electrocardiograms; image collection, viewing and storing capabilities; interactive response technologies, including randomization and clinical supply management; safety case management; clinical trial design, including mid-study changes; clinical file repository for data and study assets; content-based training supported by a learning management system (“LMS”), and workgroup collaboration capabilities. Additional enhancements in late 2014 provided analysis and reporting functionality across solutions, specifically EDC and Randomization and Trial Supply Management through the Cross-Study toolset.
Work was completed in 2016 on a next generation CTMS solution, which again leverages cross solution functionality in reporting and analysis. The Company believes the new solution will transform how the industry measures return on investment (“ROI”) on software purchases, opening the door for continued increase in multi-solution purchases by current and potential clients.
In 2017 The Company re-affirmed their vision to deliver and own a multilingual and multi-tenant enterprise platform with unified access to clinical applications, database and workflows to ensure scalable and operational efficiency. This unified enterprise cloud would also empower workgroup teams with tools for true collaboration within the entire eClinical suite of DATATRAK. Also in 2017, DATATRAK announced their intention to offer Business Analytics to their suite of solutions, providing users with robust reporting and analysis dashboards.
DATATRAK’s forward vision is to continue to build and own a multilingual and multi-tenant enterprise platform with unified access to clinical applications, database and workflows. Furthermore, to ensure scalable and operational efficiency, while eliminating the need for back-end integration which is the cause of common friction points. DATATRAK is committed is to empowering workgroup teams with role-based access to version-controlled file management, calendar events, tasks and contacts, all built within their eClinical applications including EDC, CTMS, reporting, data analytics and business intelligence.