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Life sciences companies need to shift their emphasis from cost-cutting initiatives to pharma innovation and support the rapid evolution of processes that need continuous change.
Accenture identifies platform-as-a-service (PaaS) as a key driver of business agility and pharma innovation. For example, cloud services provide the companies an ideal opportunity to switch from capital-intensive information technology to a more variable operational cost model. With PaaS, it becomes possible to innovate rapidly and react to market shifts.
Action item for the CIO: Technology leaders need to identify the business processes and platforms that can be used to support business needs and determine where PaaS fits in their overall information technology strategy.
Learn about the other life sciences technology trends:
Context-based services
Converging data architectures
Industrialized data services
Social-driven information technology
Orchestrated analytical security
Read the full point of view Life Sciences Technology Trends 2012 or view the infographic to get a quick insight into these trends.
October 5, 2012