{"id":517,"date":"2023-04-17T10:30:13","date_gmt":"2023-04-17T10:30:13","guid":{"rendered":"https:\/\/blog.sensiple.com\/?p=517"},"modified":"2024-08-07T10:30:26","modified_gmt":"2024-08-07T10:30:26","slug":"how-does-cloud-computing-help-pharmaceutical-companies","status":"publish","type":"post","link":"https:\/\/blog.sensiple.com\/how-does-cloud-computing-help-pharmaceutical-companies\/","title":{"rendered":"How does Cloud Computing help pharmaceutical companies?"},"content":{"rendered":"
The Pharma sector is characterized by its complex operations and vast amounts of data that must be stored, processed, and analyzed. In recent years, cloud computing in Pharma has emerged as a critical technology with the potential to transform pharma companies to manage their data and IT infrastructure and how they operate.<\/p>\n
A MarketWatch research states, “The global Healthcare Cloud Computing market size is projected to reach USD 75710 million by 2027, from USD 25110 million in 2020, at a CAGR of 17.1% during 2021-2027.”<\/em><\/p>\n Let us explore how pharma companies can leverage cloud technology and gain a competitive advantage in the industry.<\/p>\n The adoption of cloud technologies has prompted companies in the pharma sector to reconsider their legacy operations. Utilizing cloud computing lowered costs and increased efficiency and has evolved to address critical concerns in the pharmaceutical industry, including privacy, security, and compliance issues.<\/p>\n Let us discuss some of the benefits of cloud computing in the pharmaceutical industry.<\/p>\n 1. Accelerated Drug Delivery Procedure<\/strong> Other factors that help in a faster drug delivery process are:<\/p>\n 2. Secure Data Sharing and Collaboration<\/strong> Cloud-based tools also allow real-time collaboration and data sharing between individuals, teams, and organizations, reducing the time required for data sharing and decision-making in the Pharma.<\/p>\n The strong policies by cloud providers ensure compliance against relevant laws and regulations, enabling to share and store only sensitive data. Cloud computing also enables easy scalability and flexibility to access, share and analyze rapidly changing data requirements.<\/p>\n 3. Improved Security<\/strong> 4. Cost-effectiveness<\/strong> The pay-per-use model helps Pharma avoid investing in expensive hardware and software and access the technology as needed \u2013 paying only for what they use. This model is significant for the pharmaceutical industry as large amounts of data are stored and analyzed.<\/p>\n Sensiple offers a smooth and hassle-free cloud transformation experience with certified cloud architects available across all major cloud platforms. With years of experience, Sensiple has successfully executed numerous cloud optimization projects for clients and can help you with everything from cloud setup to management and quicker deployment. Our expertise in cloud infrastructure and automation, innovation, delivery, and performance allows us to offer services and solutions that maximize the benefits of your cloud investments.<\/p>\n With Sensiple’s cloud services, you can enjoy a seamless transition to the cloud, while keeping your operations secure and compliant and minimizing any potential business risks or interruptions to services. Contact us<\/a> today to learn more!<\/p>\n See Also:<\/strong><\/p>\n Google Contact Center AI<\/a><\/p>\n Cloud Contact Center <\/span><\/span>Automation<\/span><\/span><\/a><\/p>\n<\/p>\n
Benefits of Cloud Computing in the Pharmaceutical Industry<\/h3>\n
\nDrug research and delivery is a longer process. Still, with cloud-based high-performance computing, researchers get access to practically infinite storage and processing capabilities that help them organize resources and direct preliminary surveys. Cloud-based infrastructure aids quick data transmission, including lab, photography, and statistical analysis data.<\/p>\n\n
\nThe cloud’s high-security measures can protect sensitive information, including encryption, multi-factor authentication, and physical security. It also ensures that only authorized users can access sensitive information such as patient health records and clinical trial data.<\/p>\n
\nCloud offers improved security in Pharma in the following aspects:<\/p>\n\n
\nAll sensitive data at rest and in transit will be encrypted to help protect against unauthorized access and data theft<\/li>\n
\nGranular control over access to sensitive data and actions allowed performed, allowing only authorized personnel to access critical information<\/li>\n
\nBuilt-in disaster recovery ensures critical data availability even during natural disasters or unexpected outages<\/li>\n
\nCompliance with regulations to meet security and privacy requirements<\/li>\n
\nScale IT infrastructure up and down to meet changing security demands quickly<\/li>\n<\/ul>\n
\nMaintaining and supporting your IT infrastructure can be expensive and time-consuming, as in traditional systems. Cloud computing helps pharma companies reduce IT infrastructure, data storage, and drug development costs. And much of the maintenance and support is handled by the cloud service<\/a> provider, freeing up internal resources to focus on core business activities.<\/p>\nLeverage Sensiple’s Cloud Services<\/h3>\n