Monocl AB
Provided team extension to boost Monocl’s data processing capacity — a collaboration that grew into a strategic partnership, improving data accuracy by over 60% and reducing research cycles, while cutting operational costs by 40%.
- Data Engineering
- Data Annotation
- BI
- Data Operations
Client Background
Monocl AB, a subsidiary of Definitive Healthcare LLC, is a Stockholm-based leader in commercial healthcare intelligence. Their cloud-based SaaS platform is used by pharmaceutical companies and research organizations around the world to streamline collaboration and decision-making. By collecting, structuring, and analyzing large volumes of life sciences data, Monocl supports faster, more informed development of new drugs and treatments.
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Challenge
Before engaging with Beetroot, Monocl faced a growing challenge: their in-house data processing capacity was limited, impacting their product scalability and customer experience. With vast volumes of fragmented data from public sources in the life sciences domain, they needed a solution to structure this information — without compromising accuracy. Limited capacity also slowed down feature development and impacted overall platform responsiveness.
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Project Recap
- Beetroot provided a dedicated team of data specialists to enhance Monocl’s internal data processing capabilities. Shared values — transparency, quality, and collaboration — set the stage for a productive partnership from day one.
- We built a reliable feedback loop that helped us stay aligned and proactively resolve issues. Clear and ongoing communication channels were essential for adapting quickly to changing requirements.
- The scope of work expanded several times to include more data sources and complex analytical tasks, with agile budgeting adjustments to match. Our data annotation team underwent in-depth training to boost productivity and ensure top-tier data accuracy.
- The cooperation launched in February 2019 and has continued as a long-term engagement.
Solution
To meet Monocl’s needs, Beetroot built and scaled a dedicated team of 29 Data Specialists and Data Scrapers based in Ivano-Frankivsk, Ukraine. The team applied advanced techniques in data gathering, verification, annotation, and structuring, primarily utilizing data analytics, business intelligence tools, and a cloud-based SaaS infrastructure.
Throughout the collaboration, we placed strong emphasis on transparent communication, agile workflows, consistent performance monitoring, and proactive team development. We also introduced cross-cultural onboarding, regular team-building initiatives, and inclusive communication frameworks to ensure cohesion and a sense of shared purpose across both teams.
Staying flexible and highly responsive to Monocl’s evolving needs became one of the main reasons this cooperation continues to deliver results and keeps growing beyond its original scope.
Results
Our partnership with Monocl has delivered consistent value, growing into a strategic alliance with tangible outcomes:
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- Enhanced data processing capacity by over 60%, with marked gains in data accuracy and reliability.
- Facilitated faster time-to-market for Monocl’s customers, reducing research cycles by approximately 30%.
- Improved customer satisfaction scores thanks to better platform performance and data access.
- Reduced operational costs for Monocl’s internal Data team by 40%.
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This long-term engagement highlights the importance of scalability and adaptability in managing large-scale data projects. By aligning closely on values, staying responsive to changing needs, and combining deep domain understanding with technical rigor, we’ve contributed to the client’s growth — and deepened Beetroot’s own expertise in HealthTech solutions.
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