New technology "driving breakthrough opportunities for life science firms"
17th March 2014
The new wave of technology is driving breakthrough approaches in life science companies’ commercial operations, with cloud-based business intelligence applications and storage, embedded analytics and systems integration all focused on lowering costs for comapnies and payers, and improving patient outcomes, says the IMS Institute for Healthcare Informatics, in a new report.
These firms are aggressively embracing this new wave, which has the potential to drive transformational change over the next three years in overall healthcare system efficiency and the effectiveness of treatments. However, the availability and adoption of secure, healthcare-specific tools and services are key to accelerating this opportunity and deriving greater value from new, expanded sources of health information to optimise patient outcomes, the report emphasises.