Our life sciences Global Sourcing Adoption Trends report provides fact-based data and analysis on key trends and developments in global outsourcing for the life sciences industry. The report captures key developments across offshore locations leveraged for service delivery, offshore penetration and sourcing mix, global sourcing maturity, and adoption of digital services in the life sciences industry. Additionally, it presents upcoming opportunities, implications, and challenges for service providers and enterprises in the next normal.
Scope
Industry: life sciences
Geography: global
Contents
In this report, we present:
Key trends for global sourcing in the life sciences industry
Leading offshore locations leveraged for service delivery
Offshore penetration and sourcing mix across key functions – including life sciences operations, IT-ADM and infrastructure, corporate functions (F&A, HR, and procurement), and digital services such as analytics, automation, Artificial Intelligence (AI) / Machine Learning (ML) / cognitive, cloud, Internet of Things (IoT), and blockchain
Global sourcing maturity across key functions – life sciences operations, IT services (ADM and infrastructure), corporate functions, and digital functions
Adoption of digital services (analytics, automation, AI/ML/cognitive, cloud, IoT, and blockchain) in life sciences
Next normal opportunities, implications, and challenges
The past three to four years have witnessed a steady increase in the Global In-house Center (GIC) activity in the Healthcare and Life Sciences (HLS) industry. With factors such as regulatory constraints, declining profit margins, IP sensitivity, and…