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How AI is transforming business today

CIO

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023. That translates into better research, better service for our clients, and better response times.”

Business 532
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Industry clouds prove their business value

CIO

Perhaps most important, Idorsia taps into Veeva’s evolving knowledge base, which encompasses data from other customers such as major pharmaceuticals giants Merck, Bayer, and Kronos, the CIO says. It’s better to go with an industry cloud because you inherit what research work the industry cloud provider has,” he says.

Business 414
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The ‘Great Retraining’: IT upskills for the future

CIO

It’s a win-win when you can get the long-term vision and growth of a company tied to individual career and professional development,” says Mark Yunger, vice president, head of IT at Servier Pharmaceuticals. From an individual’s perspective, it keeps careers interesting and helps people grow with the organization.

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US port strike has CIOs prepping for supply chain implications

CIO

In an era of major technology shifts and business disruptions, CIOs are better prepared to help their companies navigate possible delays due to the port strike but settling the impasse is of great concern, observers claim, as a protracted strike could have widespread impact on organizations across a range of industries.

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Regeneron turns to IT to accelerate drug discovery

CIO

For pharmaceutical companies in the digital era, intense pressure to achieve medical miracles falls as much on the shoulders of CIOs as on lead scientists. When Bob McCowan was promoted to CIO at Regeneron Pharmaceuticals in 2018, he had previously run the data center infrastructure for the $81.5

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The rise of the data lakehouse: A new era of data value

CIO

The giant pharmaceutical chain had put its lakehouse in place to address just such challenges in its quest, to, as Guadagno puts it, “To get the right product in the right place for the right patient.”. These processes combine an understanding of customer behavior with the availability of pharmaceutical and retail inventory. “It

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What is predictive analytics? Transforming data into future insights

CIO

billion in 2022, according to a research study published by The Insight Partners in August 2022. Predictive analytics in business Predictive analytics draws its power from a wide range of methods and technologies, including big data, data mining, statistical modeling, machine learning, and assorted mathematical processes.