The cloud is one of the most value-creating technologies of our time. It is the foundation for the digital transformation that is driving profound changes in how life sciences companies operate, compete and create value for all their stakeholders.
The reality today is that it currently costs too much to identify and develop treatments—a cost that is passed onto consumers and health systems. The result is that many people struggle to access or afford vital treatments.
Unmet patient and HCP needs—as well as affordability and return on investments—are at the forefront of industry leaders’ minds, many of whom understand that cloud computing is not only worthwhile but required to achieve business goals.
If used effectively, cloud can help reduce that cost for biopharma companies and, ultimately, help make healthcare more affordable.
"The next three years in life sciences will be critical to the evolution of our industry. Companies that adopt cloud across the enterprise will be best positioned to better capitalize on the immediate and long-term future."
— Geoff Schmidt, Cloud First Life Sciences
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Why cloud? Why now?
For life sciences companies, the cloud’s virtue is not just about running a more efficient business, lowering costs and computing on demand. When part of an overall digital strategy that runs across the entire enterprise, cloud has the ability to:
Unlock data
Unlock powerful analytics insights by tapping into data you didn't even know you had.
Collaborate better across the ecosystem
After assessing your goals, we’ll work with you to define the right cloud solution for your business needs and deliver it at speed.
Create more meaningful patient and HCP engagement
Helping life sciences companies provide more informed, connected patient support.
Transform culture to embrace new ways of working
The talent that is needed to do all this well is in short supply globally.
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Integra’s digital transformation
Q&A with William Compton and Accenture’s Tim Durst
Our recent survey discovered that compared to other industries, life sciences companies ranked the lowest in achieving their expected innovation, data access and analytics goals from cloud computing.
2OUT OF3
said they are not realizing the full benefits of their cloud migration journeys.
43%
said they are very satisfied with the cloud outcomes achieved to date.
23%
were confident that their organization’s cloud migration initiatives will deliver the expected value at the expected time.
A new approach to cloud in life sciences
For many leaders, using some cloud capabilities is enough for them to believe that they are agile and cloud-driven—but simply moving parts of the business to the cloud does not ensure business value.
Cloud requires a commitment to experiment, fail, and improve next time. Using cloud as a technology "cost of doing business" puts the focus on legacy barriers instead of the art of the possible when the business is aligned on goals and outcomes.
Global biopharmaceutical leader, Takeda, formed a Power of Three collaboration with Accenture and AWS to accelerate their cloud-driven business transformation to a data driven, outcomes-based biopharmaceutical company. By moving 80% of their applications to the cloud and focusing on new digital platforms that provide greater access to innovation capabilities, they will accelerate drug development, increase operational agility, reduce technology costs and create the workforce of the future.
Moving to the cloud gives life sciences companies an opportunity to unlock data, collaborate across the ecosystem, improve engagement & more. Our report gives guidance on how to accelerate the move and derive your greatest value from cloud computing.
Capturing the full business value from cloud is both necessary and complicated. Discover how our recognition and awards distinguish us as the right partner to help you define and implement the right cloud strategy for your business.
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