
TECH BUYER Mar 2023 - IDC MarketScape - Doc # US50407723
IDC MarketScape: Worldwide Life Science Sales and Marketing Strategic Consulting Services 2023 Vendor Assessment
Abstract
This IDC study provides an assessment of 12 vendors offering strategic consulting solutions for sales and marketing processes in the life science industry. Digital transformation is occurring at a rapid pace in life science companies, including in the sales and marketing space. Internal and external sources of data are being collected in the cloud, and this information is being leveraged by sales and marketing groups to improve speed, efficiency, and effectiveness in reaching customers, including both healthcare providers and patients. Tools such as artificial intelligence (AI), advanced analytics, and orchestration of multiple tasks and roles utilizing data from multiple sources are accelerating change in 2023 and beyond and helping expand the scope of business processes suitable for outsourcing to qualified vendors.
Mike Townsend, research director for Life Science Commercial Strategies at IDC Health Insights, says, "Life science companies are embracing digital transformation efforts within sales and marketing, which can connect stakeholders such as sales representatives, marketing and medical affairs executives, doctors, patients, and payers using a wide variety of digital technologies, including AI, cloud computing, mobile technology, and social media and analytics, and leveraging a host of internal and external data sources. Highly experienced strategic consulting vendors are offering increasingly sophisticated business models for processes leveraging these technologies while allowing these companies to focus on their core competencies. Life science companies will continue to see improved outcomes, growth, and productivity as they free their organizations to focus on core innovation and business cases, using these offerings to improve outcomes for doctors and patients alike."
Coverage
Subscriptions Covered
IDC Health Insights: Worldwide Life Sciences Commercial Strategies
Companies Covered
Capgemini Services SAS, HCL Technologies Limited, Genpact Ltd., Tata Consultancy Services Limited, Cognizant Technology Solutions Corporation, Accenture plc, Indegene Inc., PricewaterhouseCoopers LLP, NTT DATA Corporation, ZS Associates Inc., IQVIA Inc., Veeva Systems Inc.
Regions Covered
Topics Covered
Business consulting services, Customer relationship management applications, Marketing automation, Marketing operations, Sales operations, Technology buyer
Vertical Markets
Content
List of Tables
List of Figures
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