The life sciences clinical and R&D market has been subject to significant turbulence because of several factors including falling R&D productivity, long cycle times, widespread regulatory amendments, and evolution of the patient-centric paradigm (with mobile computing, social media platforms, and “anytime-anywhere” information access). This combination of disruptive and legacy factors has driven life sciences firms to adopt next-generation technologies in the automation and analytics space, while also modernizing their legacy platforms and applications.

As the technology mandate for life sciences enterprises evolves, so do their relationships with IT service providers. This, in turn, is driving the need for relevant research and market intelligence on demand and supply trends in life sciences outsourcing market. Everest Group’s life sciences outsourcing research program addresses this market requirement by analyzing the outsourcing trends and service provider capabilities specific to ITO in the life sciences vertical. As clinical and R&D business is gaining widespread traction due to changes in secular, regulatory, and business trends, this report exclusively focuses on the clinical and R&D business and analyzes capabilities of 18 IT service providers in this market.

In this PEAK Matrix, we analyze the current trends and outlook of large, multi-year ITO relationships in the life sciences clinical and R&D IT services market. The report also provides specific insights into enabling a go-to-market strategy for clinical and R&D IT.

This report is structured across five key sections:

• Introduction and overview
• Executive summary
• Summary of key messages
• Key takeaways: Buyer feedback for service providers
• Implications for key stakeholders
• Market trends in clinical and R&D services
• Accelerated collaboration
• R&D consolidation
• Precision medicine
• PEAK Matrix for life sciences clinical and R&D IT services
• Profiles of clinical and R&D IT service providers

Everest Group has a complimentary five-page PEAK Matrix preview document for this service provider landscape report.

Membership(s)

Healthcare & Life Sciences IT Outsourcing