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Eliminating the Digital Divide in Life Sciences, Part 2

May 7, 2019 by MATTHEW M. LOWE
Despite the life science industry’s infatuation with modernity and trend chasing, even its most forward-thinking organizations have struggled to fully digitize and integrate their operations.

 

Eliminating the Digital Divide in Life Sciences, Part 2

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Despite the life science industry’s infatuation with modernity and trend chasing, even its most forward-thinking organizations have struggled to fully digitize and integrate their operations. Yet, while the industry lags behind most other sectors in implementing business-streamlining digital technologies, many shrewd life science companies are working to close the digital gap so they can capitalize on the competitive advantages digitization affords.

As digital initiatives gain more traction, and as advanced technologies increasingly perform more of our mundane tasks, skilled life science professionals’ fears about job displacement are intensifying. Their digital apprehensions are undeniably intertwined with the global workforce’s general anxieties about automation, as highlighted in a 2017 PwC survey that reports 37 percent of the world’s workers are worried about eventually losing their jobs to automation. The unease is worsening, it seems, as only 33 percent of workers reported concerns about job-eradicating automation in the same survey in 2014.

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About MasterControl
MasterControl Inc. is a leading provider of cloud-based quality and compliance software for life sciences and other regulated industries. Our mission is the same as that of our customers – to bring life-changing products to more people sooner. The MasterControl Platform helps organizations digitize, automate and connect quality and compliance processes across the regulated product development life cycle. Over 1,000 companies worldwide rely on MasterControl solutions to achieve new levels of operational excellence across product development, clinical trials, regulatory affairs, quality management, supply chain, manufacturing and postmarket surveillance. For more information, visit www.mastercontrol.com.

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