6 TECH OUTLOOKAUGUST - 2020EditorialStacey Smith Editor-in-Chiefeditor@pharmatechoutlook.comWhile the pharma and life sciences industry is competitive and fast-paced, it continues to operate in a robust and stringent regulatory environment. In such a scenario, the industry is embracing advanced digital technologies to mitigate the administrative burden, automate mundane tasks, and streamline compliance management all while improving the overall business workflow. One technology which the pharma and life sciences industry is adopting widely is the cloud. Moving beyond the traditional on-premise solutions, the industry players are implementing smart and intuitive cloud solutions for smarter and lean operations. The cloud allows companies to manage their businesses at reduced cost by simplifying the workflow and reducing the need for greater workforce. Interestingly, regulatory changes in the Identification of Medicinal Products (IDMP) are paving the way for not only business opportunities but also data-driven regulatory information management (RIM) solutions. There is a growing demand for a system that allows seamless sharing of data and content across clinical, regulatory, labeling, manufacturing, and drug safety domains, further driving the adoption of unified RIM solutions in the industry.It has also been observed that the incorporation of digital quality management from the very beginning can play a significant role in minimizing risks emanating from the deviation from standards and regulations. This streamlines clinical development through enhanced compliance management. As such, quality and compliance teams must focus on implementing a quality management system, covering both quality processes and document management areas.In this edition of Pharma Tech Outlook, we shed light on the most prominent pharma and life science outsourcing companies that offer turnkey technologies, tools, and customized services for their clients' unique needs. The edition also includes insightful articles from the industry thought leaders. Let us know your thoughts. Embracing Growth with Digital Advancements Copyright © 2020 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.AUGUST - 10 - 2020, Vol 06 - Issue 16 (ISSN 2644-2787) Published by ValleyMedia Inc. To subscribe to Pharma Tech OutlookVisit www.pharmatechoutlook.com *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditor-in-ChiefStacey SmithVisualizerAsher BlakeEditorial StaffAaron Pierce Ava GarciaJenna VegasCarolynn Walters Justin SmithPaul BarberSalesBrian Thomasbrian@pharmatechoutlook.comPhone: 510.556.2402sales@pharmatechoutlook.comeditor@pharmatechoutlook.commarketing@pharmatechoutlook.comEmail:Contact Us:Phone:510.556.2402, Fax:510-894-8405John GothamTECH OUTLOOKTECH OUTLOOK
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