Embracing a Collaboration Network Model for Discovery Research

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Life sciences companies are fundamentally changing the way they operate by routinely externalizing non-core competencies to external partners and service providers.

Today, Pharma companies spend almost one third of their global research budgets with external partners, and a 20% year-on-year growth is expected, resulting in 30-50% of all research activity to be undertaken by external partners. As part of the life science industry's transformation, there has been a fundamental change in the way companies operate.

Download this Technology Spotlight to hear where Alan Louie from IDC Health Insights, discusses the emerging industry trend of Externalized Collaboration and how this new model can be supported by a web-based collaboration network, which eliminates the need for dedicated physical infrastructure while providing a full featured, regulatory compliant collaborative workspace for researchers to share from anywhere in the world.

By IDC Health Insight

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