Market Overview: The Growing Role for Business Intelligence in Life Science Industry Best Practices

IDC
September 14, 2009
13 Pages - SKU: IDC2463983
License type:

This Health Industry Insights report examines the opportunity for business intelligence (BI) to transform business processes within the life science industry. This report highlights insights from industry opinion leaders regarding the top business reasons for investing in BI, anticipated benefits they hope to achieve from specific BI efforts, and long-term aspirations for what BI could deliver to their organizations.

"During these difficult times for the life science industry, it is more important than ever for organizations to base their strategic planning on the best information available. Although potentially transformational, effective exploitation of BI will not be easy and will require significant organizational buy-in from all levels of the organization in order to achieve success," said Alan Louie, Ph.D., research director for IDC Health Insights.