A lack of technological unity can have a profound effect on 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.
While this is true of every industry, the issue is particularly acute for life sciences.
Now, the evolution of cloud-based quality management solutions is transforming expectations and changing realities.
How the Cloud Is Moving 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-science 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 respond to issues and opportunities swiftly.
Cloud solutions are redefining what’s possible for life sciences organizations. As the trend towards consolidating resources in the cloud continues, these organizations have an opportunity to achieve new levels of operational integration, coordination, and cost-efficiency without comprising compliance. Cloud-based environments can significantly reduce the fragmentation and friction that is preventing many organizations from achieving their true potential. It also alleviates various 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 are dramatically improving operational effectiveness for the life-science industry and solving a multitude of 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-science organizations to minimize costs and maximize visibility and control to a degree that is simply not possible with a traditional, in-house software model. Get more insights into the benefits of a digital QMS in our white paper below.