Report
Overwhelming Majority of Life Sciences Companies Prioritizing Digital Transformation to Drive Customer-Centric and Sustainable Improvements
Overwhelming Majority of Life Sciences Companies Prioritizing Digital Transformation to Drive Customer-Centric and Sustainable Improvements
This Futurum Research report, sponsored by SAP and published in October 2022, highlights the critical role of digital transformation within the life sciences industry. The document explains how this sector has faced unprecedented market pressures, regulatory changes, and pandemic fallout, driving an urgent need for organizational evolution. A significant finding is that an overwhelming majority of life sciences companies are actively prioritizing digital transformation to achieve customer-centric and sustainable improvements. The report indicates that 81% of respondents prioritize internal process transformation, with 77% planning digital advancement in key areas within three years. Crucially, 70% to 86% of companies that have completed digital transformation projects report a significant