We’re in an era where pharmaceutical companies can predict whether an individual will switch to a new prescription drug based on data captured from that person’s Twitter feed. But many life sciences organizations struggle to rapidly analyze the treasure trove of data they now have access to—and it’s holding them back from innovation.
Pharma and life sciences companies are placing big bets on digital innovation. Research by Gartner shows 85% to 90% of these companies expect digital transformation to advance performance, while 75% design digital technology platform teams with revenue-generating programs in mind.
The business case for moving healthcare operations to the cloud is compelling. As artificial intelligence, machine learning, robotic process automation, and other innovations take hold in healthcare, the cloud offers virtually unlimited capacity to leverage these resource-intensive applications.
By 2025, experts expect the healthcare cloud computing market to reach $64.7 billion as organizations seek to improve operational and clinical efficiencies. The business case for moving to the cloud is clear. To achieve digital transformation—which involves automation—the cloud is the best place to implement artificial intelligence, machine learning, robotic process automation, and more.
