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Home  > Computers and Information Technology  >  Software  >  Enterprise Applications

Streamlining Information in the Pharmaceutical Industry with PLM (Review Report)


Published Date: August 2007
Published By: Datamonitor
Page Count: 67
Order Code: R313-25026
 
DescriptionTable of ContentsSearch Inside
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Overview
Catalyst
Summary
Methodology
Executive Summary
Introduction
From Idea to Market: Product Lifecycle Management in the Pharmaceutical Industry (Market Focus)
Optimizing PLM Technology for the Pharmaceutical Industry (Technology Focus)
Managing Process Complexity with PLM (Strategy Focus)
Pharmaceutical Product Lifecycle Management Forecast in North America 2006-2012 (Databook)
Pharmaceutical Product Lifecycle Management Forecast in Western Europe 2006-2012
Pharmaceutical Product Lifecycle Management Forecast in APAC 2006-2012
Table of Contents
Table of figures
Table of tables
From Idea to Market: Product Lifecycle Management in the Pharmaceutical Industry (market focus)
Summary
Product lifecycle management will transform the drug development lifecycle process
The nature of a drug's lifecycle necessitates a PLM strategy
PLM addresses key business challenges facing the pharmaceutical industry
A greater focus on decreasing time to market is driving adoption of PLM
Harmonizing product portfolios from M&A activities sets the stage for PLM
Reducing the challenges and cost associated with regulatory compliance
The nature of the pharmaceutical drug pipeline is changing
Complexity of pharmaceutical products is increasing
The end of the Blockbuster era signifies more candidates in the pipeline
Successful PLM for the pharmaceutical industry prevails over several constraining factors
Repurposing software from other industries makes the pharmaceutical industry suspicious
The traditional autonomous-business-unit mentality inhibits adoption of PLM
PLM does not mean an antidote to new product development
ACTIONS
Articulate strategic business benefits of your PLM investment decisions
Take a holistic approach to PLM
Understand how PLM changes the lifecycle processes of a pharmaceutical product
Optimizing PLM Technology for the Pharmaceutical Industry (technology Focus)
Summary
PLM technology should align to the pharmaceutical industry's business challenges
Digitizing research information earlier in the product lifecycle is an essential first step towards PLM
The electronic notebook offers an entry point to a connected and global product management system
PLM links disparate technologies offering a single point of truth for each drug in development
Alleviating risks of non-compliance is a key application for PLM in the pharmaceutical industry
Six technology features reflect how PLM technology is aligned to the industry
Scalability places SOA at the center of a PLM solution
A quality-by-design feature facilitates compliance
PLM must integrate with ERP solutions
A web-enabled PLM solution matches the global nature of most pharmaceutical organizations
A easy-to-configure user interface drives adoption amongst both scientists and engineers
The industry is most comfortable with non-hosted solutions
PLM technology adoption differs across geographies
Japan and China will experience the fastest growth in PLM
ACTIONS
Offer technology features that speak to the customer's business goals
Make PLM a core part of the customer's every day life
Consider geography as a criterion for prioritizing your target market
Managing Process Complexity with PLM (Strategy Focus)
Summary
Pharmaceutical product lifecycle management technology is gaining momentum
A variety of challenges is fueling PLM adoption in the pharmaceutical industry
Cultural and technological barriers have inhibited wider adoption of PLM in the pharmaceutical market
PLM in the pharmaceutical industry is poised for strong growth and vendors have an important role to play
PLM in the life sciences should map to business processes, managing process complexity
Pharmaceutical companies produce what they discover, not what they invent
The pharmaceutical sector looks for PLM that can manage process complexity
PLM is successful when handled as an enterprise, strategic initiative
As part of a company's product development business strategy, PLM is discussed among executives
Collaboration, through enterprise PLM, breaks down individual silos
Reducing drug development costs is a major strategic goal for implementing enterprise PLM
The benefits of an enterprise-wide PLM solution do come with risks
A phased implementation approach is most likely for pharmaceutical organizations
Partnering with a technology vendor may be a necessary PLM strategy
A long-term commitment to the project indicates a willingness to share risk
Innovative and flexible vendors will attract most business
Implementation efficiency is an important vendor characteristic
Track record of success reflects on a vendor's reliability and trustworthiness
ACTIONS
PLM must support executive-level decisions
Have a long-term vision but establish short-term milestones
Look beyond point solutions for a strategic approach to PLM
Pharmaceutical Product Lifecycle Management Forecast in North America 2006-2012 (Databook)
Summary
iNTRODUCTION
Definitions
Total PLM spending in the pharmaceutical industry in North America
Total pharmaceutical PLM spending in North America by technology segment
US PLM spending in the pharmaceutical industry 2006-2012
Canada PLM spending in the pharmaceutical industry 2006-2012
Total North America PLM spending in the pharmaceutical industry by sector
Global PLM spending by geographic region
Pharmaceutical Product Lifecycle Management Forecast in Western Europe 2006-2012 (Databook)
Summary
iNTRODUCTION
Definitions
Total PLM spending in the pharmaceutical industry in Western Europe
Total pharmaceutical PLM spending in Western Europe by technology segment
Total pharmaceutical PLM spending in Western Europe by sector
France PLM spending in the pharmaceutical industry 2006-2012
Germany PLM spending in the pharmaceutical industry 2006-2012
UK PLM spending in the pharmaceutical industry 2006-2012
Italy PLM spending in the pharmaceutical industry 2006-2012
Spain PLM spending in the pharmaceutical industry 2006-2012
Switzerland PLM spending in the pharmaceutical industry 2006-2012
Global PLM spending by geographic region
Pharmaceutical Product Lifecycle Management Forecast in APAC 2006-2012 (Databook)
Summary
iNTRODUCTION
Definitions
Global PLM spending by geographic region
Total PLM spending in the pharmaceutical industry in APAC
China PLM spending in the pharmaceutical industry 2006-2012
Japan PLM spending in the pharmaceutical industry 2006-2012
Total APAC PLM spending in the pharmaceutical industry by sector
APPENDIX
Definitions
Abbreviations
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
List of Tables
Table 1: Total PLM spending in the pharmaceutical industry in North America
Table 2: Total pharmaceutical PLM spending in North America by technology segment
Table 3: US PLM spending in the pharmaceutical industry 2006-2012
Table 4: Canada PLM spending in the pharmaceutical industry 2006-2012
Table 5: Total North America PLM spending in the pharmaceutical industry by sector
Table 6: Global PLM spending by geographic region
Table 7: Total PLM spending in the pharmaceutical industry in Western Europe
Table 8: Total pharmaceutical PLM spending in Western Europe by technology segment
Table 9: Total pharmaceutical PLM spending in Western Europe by sector 2006-2012
Table 10: France PLM spending in the pharmaceutical industry 2006-2012
Table 11: Germany PLM spending in the pharmaceutical industry 2006-2012
Table 12: UK PLM spending in the pharmaceutical industry 2006-2012
Table 13: Italy PLM spending in the pharmaceutical industry 2006-2012
Table 14: Spain PLM spending in the pharmaceutical industry 2006-2012
Table 15: Switzerland PLM spending in the pharmaceutical industry 2006-2012
Table 16: Global PLM spending by geographic region
Table 17: Global PLM spending by geographic region
Table 18: Total PLM spending in the pharmaceutical industry in APAC
Table 19: China spending in the pharmaceutical industry 2006-2012
Table 20: Japan PLM spending in the pharmaceutical industry 2006-2012
Table 21: Total North America PLM spending in the pharmaceutical industry by sector
List of Figures
Figure 1: The pharmaceutical product lifecycle is highly regulated, more complex and longer than other industries
Figure 2: Drug discovery licensing dependence of the top 10 pharmaceutical companies
Figure 3: PLM spending in the pharmaceutical market is set for strong growth over the next five years
Figure 4: PLM in relation to ERP, CRM and BI
Figure 5: PLM software must evolve to configurable packages to better meet the pharmaceutical industry's needs
Figure 6: Global PLM spending by geographic region
Figure 7: In the pharmaceutical industry, complexity in the process defines the product
Figure 8: Making a value proposition for PLM as a strategy in the pharmaceutical product lifecycle
Figure 9: As the Big Pharma begins to face its information management needs, enterprise PLM investments will grow
Figure 10: Examples of ""must-have"" and ""nice-to-have"" criteria pharmaceutical companies use for selecting a PLM vendor as potential partner
Figure 11: Total PLM spending in the pharmaceutical industry in North America
Figure 12: Total pharmaceutical PLM spending in North America by technology segment
Figure 13: US PLM spending in the pharmaceutical industry 2006-2012
Figure 14: Canada PLM spending in the pharmaceutical industry 2006-2012
Figure 15: Total North America PLM spending in the pharmaceutical industry by sector
Figure 16: Global PLM spending by geographic region
Figure 17: Total PLM spending in the pharmaceutical industry in Western Europe
Figure 18: Total pharmaceutical PLM spending in Western Europe by technology segment
Figure 19: Total pharmaceutical PLM spending in Western Europe by sector 2006-2012
Figure 20: France PLM spending in the pharmaceutical industry 2006-2012
Figure 21: Germany PLM spending in the pharmaceutical industry 2006-2012
Figure 22: UK PLM spending in the pharmaceutical industry 2006-2012
Figure 23: Italy PLM spending in the pharmaceutical industry 2006-2012
Figure 24: Spain PLM spending in the pharmaceutical industry 2006-2012
Figure 25: Switzerland PLM spending in the pharmaceutical industry 2006-2012
Figure 26: Global PLM spending by geographic region
Figure 27: Global PLM spending by geographic region
Figure 28: Total PLM spending in the pharmaceutical industry in APAC
Figure 29: China spending in the pharmaceutical industry 2006-2012
Figure 30: Japan PLM spending in the pharmaceutical industry 2006-2012
Figure 31: Total APAC PLM spending in the pharmaceutical industry by sector

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