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Cloud Computing

Prime time for Life Sciences

Cloud computing has taken the world by storm — as an architecture, platform and services strategy. Industries from media to banking have invested significantly in cloud computing to leverage significant benefits in systems agility, asset efficiencies and marketplace advantage. Given the information-dependent nature of most Life Sciences companies around R&D, commercial operations, supply chain, and quality and regulatory, cloud computing can have great potential for the industry. Additionally, cloud-based storage and service-based software can offer support for today’s virtual development and manufacturing by enhancing integration and collaboration. However, Life Sciences technology leaders have typically hesitated to adopt the new technology, which may be a potential disadvantage to both their near-term operations and long-term business competitiveness.

A common concern in Life Sciences is that cloud computing services are not adequately secure and cannot meet privacy and compliance requirements. This is changing rapidly as the cloud industry evolves. Security misconceptions are rapidly dispelled as implementations of cloud services mature, production cloud services deliver significant technical and business value, and regulatory and security standards are met.

Cloud computing is becoming more compelling for Life Sciences today. There are now cloud technologies that can:
• Support security, privacy and audit requirements for compliance
• Provide systems agility for rapidly growing and changing environments
• Enable the Life Sciences enterprise, from clinical trials, to sales force automation and internal communications.

Read the entire study by downloading the attached document.