June 2, 2021
The awesome IT trends for Pharma
The pharmaceutical sector is one of the most profitable and fastest-growing industries in the world. It's easy to see why: the pharmaceutical products and services are so important in society. An ever changing industry, Pharmaceuticals have undergone serious some shift and advancements in the last 12 months. External factors continue bring forth changes.
At the moment, more and more IT developments are leading the way, and the pharmaceutical business is greatly benefiting. We explore some new IT trends that have emerged and smashed their way to the surface.
Pharma is becoming increasingly dependent on cloud-based solutions. Pharma firms can use the cloud to create a single integrated network solution that facilitates worldwide cooperation across various IT architecture or ERP systems. Rapid processing and analysis of complex data is possible with cloud-based IT infrastructure.
Moving to the Cloud based solutions (in light of recent technical improvements) can be one of the most cost-effective ways for Pharma to improve mobility, security, and cost efficiency.
ROBOTIC PROCESS AUTOMATION (RPA)
Robotic process automation software eliminates manual, time-consuming, and repetitive operations. In reality, RPA principles have the ability to be applied to any sector and every business process. It can also help to improve and assure better compliance procedures.
Even the tiniest discrepancy in the pharmaceutical industry may spell disaster. There can't be any space for mistakes, thus high accuracy and coordination are critical.
Robotic technologies are miracle workers. RPA has the ability to strengthen clinical development by improving overall consistency and quality control. It may also help to synchronise and streamline Salesforce processes by managing records and monitoring consumer feedback.
BLOCKCHAIN TREND (SURPRISINGLY OR NOT!)
Blockchain, which makes use of Distributed Ledger Technology (DLT) to improve transparency and traceability, is quickly becoming one of the most popular IT developments in the pharmaceutical industry. It assists pharmaceutical companies in identifying and categorising counterfeit drugs without the intervention of a third party. It improves visibility and ensures that relevant regulations are respected.
We at Magora endeavour to keep up with the times and stay up to date with all the latest IT developments. We have relevant experience designing a pharmaceutical app that aids with digitisation.
PharmCard, our brainchild, is an enterprise software system for field sales personnel and management. PharmCard was developed for the sales department of a multinational pharmaceutical firm based in Hungary. Based on multiple spreadsheets given by our client, we built the native iOS app and online application, as well as the architecture for the SKU database. Data from the supplier, delivered in Excel files, was merged into one system, accessible through iPad or web interface, with the option to change the assortment, preventing duplication and inadvertent deletion.
As you can tell, this was a perfectly logical solution. The method increased revenue by 20% while lowering the amount of errors.
At Magora, we strive to stay current with the latest trends and technology in order to provide excellent results and deliver high performance.
Anything on your mind? Get in touch!