Pharma companies are embracing digital transformation - here's why?

2020 has seen virtually every type of organisation embrace change at a pace never before seen – and nowhere more so than the pharmaceutical sector. In a month that saw the UK parliament hold its inaugural Zoom sitting, Oxford University announced the first clinical trial for a Covid-19 vaccine – a mere 4 months after starting the research project. Unprecedented!

However, compared to sectors such as retail, few Pharma companies have developed integrated supply chains that can expedite delivery of product to the end customer.

Yet now the industry is under the spotlight as never before in terms of demand for its products and the huge growth potential for new therapies, coupled with a rising awareness of the potency of digital solutions.

No surprise then that Pharma is increasingly embracing digital transformation, building agility by integrating platform services into existing business operations and looking for more seamless ways of working with the wider supply chain.

 

“Just as new technologies are emerging to help Pharma companies manufacture a wider, more complex range of medicines, so new technologies are emerging to help them distribute those medicines. Cloud computing will provide the information platforms they need to share data securely and economically around the world.”

PWC Pharma 2020 Supplying the Future

 

Pharma Opportunities and Challenges

For those companies seeking to participate in the new digital Pharma landscape, the opportunities are many, but the standards required to compete and win business are also equally high.

 

 
AGILE IT SERVICES

Cloud platforms have simplified and enhanced core IT services: from identity management and shared storage to email, office software and collaboration tools. But how do businesses build long-term resilience into their digital infrastructure and optimise their IT set-up for regulatory compliance from the off?

 

SECURE & COMPLIANT DATA

There are many regulations that apply to Pharma industry activities, and ensuring those relevant to your operation are correctly implemented can be an onerous task, particularly when in-house resources and expertise in this area are limited. Applying best practice can significantly reduce the time spent on this issue and free your business up to pursue new contracts with confidence.

 

POWER DATA

How efficiently you use data is a key differentiator for any business. Microsoft development tools make it possible to create powerful business analytics solutions that allow you to extract data, visualise information and share important insights across your organisation.

 

“Just as new technologies are emerging to help Pharma companies manufacture a wider, more complex range of medicines, so new technologies are emerging to help them distribute those medicines. Cloud computing will provide the information platforms they need to share data securely and economically around the world.”

PWC Pharma 2020 Supplying the Future

 

Why Pharmaceutical Companies need expert IT Support Services 

Because Pharma is heavily regulated, companies have been stifled by the regulatory challenges posed by innovation simply because the answers are not there, because innovation is inherently new: and the hurdles for both established and new entrants can seem daunting. However, there are ready digital solutions to the compliance, collaboration and resilience issues faced by Pharma companies, including:

  • Medical Supplies
  • Marketing & Market Research
  • Life sciences & Laboratories
  • Pharmaceuticals
  • Healthcare Providers
  • Manufacturing
  • Distribution
  • Healthcare & Medical
  • Communications Agencies
  • Food Sciences
  • Pet Science
  • Agri-tech
  • Vaccine and Medicine
  • Control Testing

“The most successful Pharma companies will be those that seize the initiative and start to build agile, efficient supply chains – either virtual or physical.”

PWC Pharma 2020 Supplying the Future

 

Finding effective digital solutions for Pharma SMEs 

Epoq IT has years of expertise in Pharma IT Support and Strategy and has developed the Pharma Digital Toolkit to provide a straightforward pathway to digital transformation and business advantage.

The new Pharma Digital Toolkit is designed to optimise and accelerate the digital journey you have already started – for immediate impact on the bottom line and for longer-term success:

Build digital resilience and flexibility into your IT infrastructure to future-proof your business

Ensure your IT is set up and managed in a secure and compliant way that supports the standards required of companies operating in the Pharma sector

Use tools within your existing platform to develop cost and time-saving solutions and insights, designed around your business processes and goals

 

The Pharma Digital Toolkit is designed to deliver results fast for businesses in a sector where data confidentiality and adherence to MHRA standards are mission-critical.

Download the e-book to find out how the Pharma Digital Toolkit can transform your ability to compete in today’s fast-moving digital world.

Call us on 01494 976939

 

Gary Swanwick

Written by Gary Swanwick

I lead Epoq-IT to deliver strategic IT service management, building strong relationships with SMEs to manage IT systems and services that support growth and align with business objectives.