Top 10 Pharma and Life Sciences Tech Solution Companies - 2021
Once an industry that was slow to adopt technology, the pharma and life sciences sector is now witnessing a massive revamp as it rides the tide of digital transformation. Technologies such as Artificial Intelligence (AI), additive manufacturing, blockchain, and other industry 4.0 technologies have propelled the pharma and life sciences industry into a period of rapid growth and expansion. The expansion of the pharma and life sciences industry has ushered in a new era of personalized medicines and healthcare procedures. Thanks to the collaborative nature of pharma and life sciences companies, the segment continues to push the envelope of innovation. Biotech companies are expected to join forces with other related health sciences organizations to expand the scope ofdrug development.
The COVID-19 pandemic has further accelerated the adoption of digital technology in the pharma and life sciences space through practices like online assessment, diagnosis, and treatment of patients. While valuable patient data has been available in the industry for decades, it lacked proper management and integration. The developments in cloud computing have enabled data management professionals to efficiently collect and interpret information for improved life sciences practices. Digitization trends have also enabled companies to roll out their drugs to needy patients faster, without compromising the quality of the drug.
As the pharma and life sciences industry continues to grow at breakneck speeds, the number of solution providers is also on the rise. As a result, C-suite executives and key decision-makers need to analyze all their options before collaborating with a pharma and life sciences solution provider. To simplify and assist business leadersin identifying the best pharma and life sciences solution providers, CIOReview presents "10 Most Promising Pharma and Life Sciences Solution Providers - 2021."
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the CIOReview editorial board has selected the most promising pharma and life sciences solution providers. In our selection process, we looked at the company's offerings, core competency, news/press releases, client testimonials, milestones, and other recognition .