In the world of life sciences, technology is rapidly advancing and transforming the way research is conducted. The use of cloud computing has revolutionized the industry, allowing for more efficient data storage, collaboration, and analysis. More than 83% of pharma companies already utilize cloud services, and the number is expected to continue rising.
With the ability to process large amounts of data in real-time, researchers can now accelerate the discovery of new treatments and cures for diseases. From lab equipment to genomics, the cloud has become an essential tool for next-gen life sciences.
In this article, we will explore how the cloud is transforming the life sciences industry and the benefits researchers and organizations are experiencing with this innovative technology.
Leveraging the cloud to reduce go-to market time
The cloud has enabled researchers to reduce the time it takes to bring new treatments and products to market. With traditional methods, researchers would spend a significant amount of time and resources building and maintaining on-premise infrastructure. This could take months or even years, delaying the time it takes to bring new products to market.
However, with the cloud, researchers can leverage pre-built infrastructure and tools readily available, drastically reducing the time and resources required to build and maintain on-premise infrastructure. This has allowed researchers to focus more on research and development. For example, the cloud played a key role in developing the first COVID-19 vaccine candidate to the U.S. National Institute of Health for its Phase I trial in less than 50 days.
Furthermore, the cloud has enabled researchers to collaborate and share data more easily. With cloud-based collaboration tools, researchers can work together in real-time, regardless of their location. This has led to more efficient collaboration, faster decision-making, and ultimately, faster time-to-market for new treatments and therapies.
Cloud data lakes
A data lake is a centralized repository that allows researchers to store and analyze large amounts of data from a variety of sources. With traditional methods, researchers would often store data in separate silos, making it difficult to analyze and draw insights from multiple data sources.
However, with cloud data lakes, researchers can store and analyze data from multiple sources in a centralized location. This has led to more efficient data analysis, as researchers can gather insights from different sources in real-time. Additionally, cloud data lakes have enabled researchers to store and analyze data in a more secure and compliant manner.
Security and compliance
One concern with using the cloud in life sciences is security and compliance. The life sciences industry is heavily regulated, and researchers must ensure their data is stored and processed in a secure and compliant manner.
To address this, cloud providers have implemented several security and compliance measures to ensure data is stored and processed securely. Cloud providers often undergo third-party audits to ensure they are complying with industry standards and regulations. They also offer several security features, such as encryption and access controls, to ensure the data is secure and only accessible by authorized users.
Improving efficiency and scalability
With the cloud, researchers can access computing resources on-demand, allowing them to start their research immediately. This has led to more efficient research and faster time-to-market for new treatments and therapies.
It has also enabled researchers to scale their computing resources as needed. With traditional methods, researchers would often have to invest in new infrastructure to scale their computing resources. This could be costly and time-consuming. However, with the cloud, researchers can scale their computing resources up or down as needed, without having to invest in new infrastructure.
Collaboration and sharing
With traditional methods, researchers would often have to physically be in the same location to collaborate and share data, which was time-consuming and costly.
Cloud-based collaboration and sharing tools allow researchers to work together in real-time, regardless of their location. This has led to more efficient collaboration, faster decision-making, and ultimately, faster time-to-market for new treatments and therapies.
The future of cloud-based life sciences
The future of cloud-based life sciences is bright. With continued advancements in cloud technology, researchers will be able to access even more computing power and storage capacity, while cloud providers will continue to implement new security and compliance measures, ensuring the data is stored and processed securely.
Continued advancements in cloud technology and collaboration tools will lead to more efficient and innovative research and faster time-to-market for new treatments, therapies and products.
The cloud specialists at BCS365 can help you find the right cloud solution for your business. They specialize in partnering with life sciences companies, and will deploy and manage your cloud environment for optimal performance, security and efficiency.