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Vendor Assessment: 2014 Top 10 Life Science Software Vendors

IDC Health Insights Opinion
In This Study
Methodology
Situation Overview
IT Suppliers
Categories of Analysis
Study Results
Top 10 Life Science Software Vendors
The Top 10 Vendor Watchlist
Top 3 Vendors — Life Science Research
Top 3 Vendors — Life Science Development
Top 3 Vendors — Life Science Sales and Marketing
Top 3 Vendors — Life Science Manufacturing and Supply Chain
Future Outlook
Essential Guidance
Actions to Consider
Application Software Vendors
Life Science Companies
Learn More
Related Research
Synopsis
Table: Life Science Software License Revenue and Share by Top 10 Software Vendors, 2014
Table: Vendors Close to Breaking into the Top 10 Software Vendors in the Life Science, 2014
Table: Life Science Research Software License Revenue by Top 3 Software Vendors, 2014
Table: Life Science Development Software License Revenue by Top 3 Software Vendors, 2014
Table: Life Science Sales and Marketing Software License Revenue by Top 3 Software Vendors, 2014
Table: Life Science Manufacturing and Supply Chain Software License Revenue by Top 3 Software Vendors, 2014

Vendor Assessment: 2014 Top 10 Life Science Software Vendors

This IDC Health Insights report summarizes the results from a recent study to identify the top 10 software vendors serving the life science market. Conducted annually since 2010, the 2014 IDC Health Insights top 10 life science software vendors list includes expanded insights into life science vendor rankings within the life science industry subsegments, research, development, manufacturing and supply chain, and sales and marketing.

Eric Newmark, program director at IDC Health Insights, said, "The commercial life sciences are working through a challenging period of industry change, accosted by regulatory transformation and shifting market dynamics from U.S. healthcare reform. The sales and marketing space has retooled its IT portfolio to improve sales force effectiveness and is now setting its sights on optimizing marketing efficiency, particularly through implementation of true omni-channel capabilities. And the manufacturing and supply chain arena is now following suit with increased movement of software to the cloud and broader outsourcing of various business processes and IT requirements. Software vendors offering cost-effective, easy-to-use, scalable solutions in a verticalized manner remain best positioned to experience the strongest growth going forward."

Alan S. Louie, research director at IDC Health Insights, further commented, "The life science R&D application ecosystem is continuing to grow and evolve, with a number of top-tier, best-of-breed solution providers leading the way. These leading vendors are actively working to make their offerings more accessible, more user-friendly, and more interconnected, making it easier for their customers to recognize the value that their solutions deliver. With further consolidation of the preferred vendor space, IDC expects life science companies to demand more from their vendors, including rewarding successful relationships with growth, potential to be rewarded for exceptional performance, and treatment more as a partner than as a vendor."

Please Note: Extended description available upon request.


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