What is digital transformation?
Digital transformation refers to the strategic adoption of digital technologies across all functions of a pharmaceutical or life sciences organization. This includes applying advanced analytics, artificial intelligence, automation, and digital engagement platforms to improve processes such as drug development, clinical trial management, medical affairs, and customer interaction. It goes beyond technology implementation to include changes in culture, skills, and ways of working.
Why is digital transformation important in the pharmaceutical industry?
Digital transformation enables companies to operate with greater efficiency, agility, and precision. It supports faster evidence generation, improved data integration, more targeted stakeholder engagement, and better-informed decision-making. By embedding digital capabilities into the product lifecycle, from research and development through to market access and post-launch activities, organizations can accelerate innovation, reduce costs, and deliver more personalized value to patients, providers, and payers.