A lack of technological unity can profoundly affect an organization’s ability to function.
Keeping key business elements in silos creates friction points and blind spots that affect an organization’s performance at every level.
However, the evolution of cloud-based quality management systems (QMSs) is transforming expectations and changing realities in the life sciences industry.
How the Cloud Is Moving the Life Sciences Forward
Businesses that develop and distribute pharmaceutical and medical products operate in a complex regulatory environment and are responsible for protecting public health and well-being. This creates a strong need for end-to-end coordination and visibility across business processes.
In this challenging landscape, life sciences companies are looking at increased pressure to perform efficiently and cost effectively while operating in a highly regulated environment that includes:
- Growing cost constraints in healthcare are driving a need to demonstrate value/results
- A need to reach the market sooner is creating an accelerated R&D pipeline
- Mature and emerging-market opportunities are creating more global operations
Legacy software can hold otherwise progressive life sciences organizations back. A single company might use one solution to manage sales and relationship-building activities, another to track their product in the marketplace, another for document management, another to monitor operational efficiency, and so on.
This kind of fragmented approach can significantly affect the organization’s ability to compete in a sector facing increasing operational challenges.
Alleviating the Challenges Faced with Legacy Solutions
At the individual level, moving between different and poorly connected software solutions creates additional work and frustration for employees who must spend precious time learning multiple systems, re-keying information from one system to another, or collecting and manipulating data manually to monitor or understand a specific event or issue. At the organizational level, it can impede a company’s key competitive differentiators, including its ability to generate insight, develop and maintain relationships, and quickly respond to issues and opportunities.
Cloud solutions are redefining what’s possible for life sciences organizations. As the trend towards consolidating resources in the cloud continues, these organizations can achieve new levels of operational integration, coordination, and cost-efficiency without comprising compliance. Cloud-based environments can significantly reduce the fragmentation and friction preventing many organizations from achieving their true potential. It also alleviates challenges like higher software costs, limited visibility and lack of scalability.
Learn More about the Benefits of Digital QMS Solutions
Integrated software solutions supported by a unified cloud environment dramatically improve operational effectiveness for the life sciences industry and solve many traditional challenges. Being able to support a wide range of business functions—including sales, customer service/call center, and compliance—on a single, integrated platform enables life sciences organizations to minimize costs and maximize visibility and control to a degree that is simply not possible with a traditional, in-house software model.
Download the white paper for more insights into the benefits of a digital QMS.