By using this site, you agree to the IDC Privacy Policy

Sep 2016 - IDC MarketScape - Doc # US40510516

IDC MarketScape: Worldwide Life Science Manufacturing and Supply Chain Digital Transformation 2016 Vendor Assessment

Author: Michael Townsend
Research Manager, Life Science Business System Strategies

Abstract

This IDC study provides an assessment of 11 vendors providing consulting and services for digital transformation of manufacturing and supply chain processes in the life science industry. Digital transformation is occurring at a rapid pace in life science companies, including in the manufacturing and supply chain space. Internal and external sources of data are being aggregated in the cloud, and this information is being leveraged by manufacturing and supply chain groups to improve speed, efficiency, visibility, and harmonization in digital supply networks and manufacturing organizations at life science companies and global partners.

Mike Townsend, research manager for Life Science Business Systems Strategy at IDC Health Insights, says, "Life science manufacturing and supply chain networks are becoming more complex and global in nature. Companies are embracing digital transformation efforts within these areas, which can provide visibility and harmonization to stakeholders such as manufacturers, distributors, dispensers, contract manufacturing organizations, sales organizations, researchers, doctors, patients, and payers using a wide variety of digital technologies — including cloud computing, mobile technology, and social media and analytics — and leveraging a host of internal and external data sources. Life science companies will continue to see improved visibility, manufacturing and supply lead times, regulatory compliance, and productivity as they use these technologies to monitor, predict, and optimize manufacturing and supply chain performance in the life science industry."

Coverage

Referencing Documents

Related Links