Top 20 Pharma and Life Sciences Tech Companies - 2018
The Pharma and Life science Industry is undergoing a phenomenal transition, with big data analytics and machine learning fuelling the global market. The ever-increasing amount of data and growing demands from patients are pushing the organizations to adopt a customer-centric approach. According to a report by Markets and markets, the global life science analytics market is expected to reach USD 24.73 Billion by 2021 at a CAGR of 13.3 percentage. Solution providers are utilizing this evolving data and IOT landscape to harness this epoch of opportunities, while keeping down the operational costs.
Artificial Intelligence and deep learning is powering the modern life science industry more than ever. The ability of AI in effectively analyzing and processing the voluminous amount of data generated saves valuable time and resources, which can be used elsewhere. Organizations are increasingly embracing data mining and analytics in ensuring profitability and litigating supply chain aspects of their business. There is also a growing trend of utilizing data analytics and advanced communications to devise unique, personalized medicines and therapies for the patients. By cognizant and efficient utilization of data management techniques, organizations can leverage valuable insights on better product development, market expansion, and acquiring profitability on the go.
To help CTOs, CIOs, and CEOs find the right Pharma and Life science solution provider, a distinguished selection panel comprising of CEOs, CIOs, VCs, industry analysts, and CIOReview’s editorial board has selected a list of advanced Pharma and Life Science solution providers that exhibit innovative technologies and strategies.
We have considered the vendor’s ability in building solutions and services that can effectively yet economically account for a productive advanced Pharma and Life Science offering, keeping in mind the factor of time-focused delivery. We present to you CIOReview’s “20 Most Promising Pharma and Life Sciences Tech Solution Providers - 2018.”