Four ways edge computing unlocks growth in life sciences
August 1, 2022
August 1, 2022
In our conversations with life sciences CEOs, we know that two key questions are top of mind:
As companies migrate to the cloud to reduce operational costs and advance their technology capabilities across their business, there is a tremendous opportunity to leapfrog outdated ways of interacting, while reimagining experiences that support new ways of working within and across core business functions.
Life sciences companies are transforming the way they operate, communicate, share information and deliver services in order to meet the growing demands and expectations of the industry. This transformation is no small task, so many leaders are looking toward solutions that can help unlock the massive potential value of new technologies—and one of the most exciting among them is edge computing.
In many ways, we already use edge computing in our daily lives through products such as smart-speakers, smartwatches, intelligent thermostats, and more—essentially any device that computes locally and talks to cloud-based platforms and applications.
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Edge is where digital meets physical and real-time data can be used to reimagine processes, experiences and business functions at scale.
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Edge enables computation where the data resides—either on a device, an instrument, or other equipment in the lab—while still benefiting from all the capabilities offered by the cloud. It integrates centralized and distributed architectures to improve experiences, connect data and create seamless, personalized, contextually relevant, real-time communication in a connected world.
Some industries are already taking advantage of the full capabilities of the Cloud Continuum with an integrated architecture across cloud, on-prem and edge. Have you ever wondered how your favorite fast-food store knows just how many waffle fries should be cooked per minute? By computing at the edge each store can adjust corporate forecasts with specific on-site, real-time data from their kitchen and point-of-sale systems. Using edge, they can make sure everyone’s fries are crispy, whether it’s a slow afternoon or a crush of families after a little league game.
This hyper-personalization is made available by treating cloud as an integrated and orchestrated set of capabilities (from the cloud to the edge) rather than a migration shift.
Edge computing offers opportunities to make work more compelling across many functions in life sciences—from digital labs and clinical trials to intelligent supply chains and launching new treatments. In fact, there are four ways edge computing could provide immediate value to the industry:
Together, these opportunities reveal the real-time interactions and split-second automation that will drive innovation and make work more intelligent, focused and faster paced. When capabilities reside on the edge, the business can capture all the activity that’s happening in the moment—and react immediately.
Edge computing also enables learning over time, delivering actionable insights that give life sciences companies the ability to reimagine and trial new treatments and experiences, measure results, adapt, scale seamlessly and more. When those new experiences anticipate what the scientist needs before they do, it’s because the ecosystem is continually getting smarter information based on everyone’s experiences over time.
So, it’s a question of when, not if, we take life sciences to the edge.
In our next post in this series, we will take a deep dive on edge computing and how it supports digital labs. Follow us on LinkedIn to learn more.
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