Successful Rapid Transformation of Life Sciences Industry Relies on Collaboration — and Box the Right Tech Solutions to Facilitate That

In this episode of the Futurum Tech Webcast, Shelly Kramer, principal analyst and founding partner of Futurum Research, is joined by Manu Vohra, Managing Director, Global Life Sciences for Box, for a conversation on collaboration in the life sciences industry. In the last decade, the life sciences industry has undergone significant digital transformation. The industry is also facing increased market pressures, is collectively navigating new (and sometimes ever-changing) regulations, and, of course, has been fueled by the need to navigate a global pandemic. As a result, it’s become paramount for all players in the life sciences industry, from pharmaceutical companies and researchers to manufacturers and the supply chain, to share research, data, and resources with their partner ecosystem to facilitate innovation, ensure compliance and security, and also deliver more efficiently and rapidly on patient outcomes. Speaking of patient outcomes, life sciences organizations are looking at solutions to help improve patient outcomes, but that’s not always an easy process, especially when it comes to applications and document storage. So, what can these organizations do to address these challenges? In our conversation, Manu and Shelly covered the following: Digitization is no longer optional. Breaking down siloed collaboration channels and facilitating real-time sharing is table stakes for today’s Life Sciences organizations. Life Sciences is a heavily regulated industry, and there are some security and compliance considerations that organizations need to heed. There are some very real reasons that “the way we’ve always done it” thinking not work anymore. Sharing patient data brings its own set of challenges with security and compliance, something made even more complicated when various members of a team are in different locations around the world. Collaboration needs in life sciences organizations have changed and Manu shared insights on those shifts. Technology is playing a big role in helping Life Sciences organizations address the challenges they face. Manu shared a little about Content Cloud for Life Sciences from Box and why this solution warrants consideration. Sharing patient data brings its own set of challenges with security and compliance, something made even more complicated when various members of a team adhere to different compliance standards based on region. The key benefits of Content Cloud for Life Sciences and why integrations and a robust set of APIs is a game-changer. This was a great conversation and one that you’ll definitely want to make time to watch, listen, or read about if you’re working in the Life Sciences sector and trying to get arms around the collaboration, content, regulation, and compliance demands of your organization. Futurum developed a research brief in partnership with Box that you’ll find here: The Content Cloud for Life Sciences Securely Streamlines Seamless Collaboration. You will also find more information from Box about their solutions for the Life Sciences industry on their website, and I encourage you to check that out. And feel free to find and connect with Manu Vorha on LinkedIn, I’m sure he’ll be glad to hear from you and answer any questions you might have.