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Health Care, Pharmaceuticals  Article, role of IT in pharma
Article at a glance:

The changing role of IT in pharma

  • The pharma industry is in a state of upheaval, and better IT could resolve many of its problems.
  • Pharma CIOs are under pressure to do two things at once: sharply improve the efficiency of IT while using it to drive innovation throughout the business.
  • Companies are approaching these two goals in a serial fashion or in parallel or by outsourcing IT operations to focus on innovation.
  • The right approach depends on a company's financial position and appetite for change, risk, and innovation.
This article includes the following exhibits:
  • Exhibit 1: Declining margins in the pharmaceutical industry
  • Exhibit 2: Growth in IT spending
  • Exhibit 3: Savings from streamlining IT

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