SBWire

Clinical operations is an area of recruitment currently experiencing a significant boom, especially when it comes to the Internet of Things (IoT). In fact, the latest set of figures shows that clinical operations companies in the US saw the largest growth in IoT roles in the three months ending in February this year when compared to 2021. The numbers show that there are some parts of the world that are funneling more cash into developing IoT infrastructure and ability than others - and North America is right up there, especially in the clinical operations sector. In the three months to February 2021, 46.9% of all IoT clinical trial job ads related to the US. By the end of the same time period this year the percentage figure had increased to 54.6%. The figures show just how dominant the US has become in terms of IoT hiring among clinical operations companies.

A team of researchers from Columbia Engineering and Columbia University Irving Medical Center has solved one of the major issues that has frequently faced researchers when it comes to using engineered tissues for disease modeling and testing drugs. The team has developed a multi-organ chip that is made up of all the essential components of human physiology, from engineered human heart and bone to a vascular flow with circulating immune cells to link everything together. The chip is the size of a microscope slide and can be customized individually to the patient. This will provide researchers with a solution to the biggest issue of medical research, which is that every patient reacts differently. Thanks to the development of this chip, it will soon be possible to personally customize therapy for every patient, taking into account the variations that occur in disease progression and responses to treatment.

There is a new wave of pharma R&D spending happening globally - and particularly when it comes to companies in the US. While there is now limited scope for investing in R&D relating to generic medicines, due to the hot competition around these products, opportunities exist in many other areas, from specialist medicines to biologics. There are many US corporations that have the resources and facilities to focus on this in-house but others don't, which is why we are beginning to see a trend emerging in R&D spending towards outsourcing. R&D and manufacturing processes tend to have a lot of fixed costs, which is why they can be off-putting to handle internally and why there is now enthusiasm to invest in outsourcing them. As a result, companies that specialize in drug innovation and manufacturing are becoming increasingly popular - and this is where a sizable chunk of expanded pharma R&D spending is likely to end up this year.

The Network-as-a-Service (NaaS) market is booming worldwide and forecast to continue expanding thanks to ongoing enterprise solutions growth. In fact, by 2030, the market is expected to be worth $42.6 billion - it was valued at just over $10 billion in 2021. This huge boom is being driven by many different factors, from an increase in cloud adoption in the wake of the pandemic through to the rapid growth in IoT technologies. A spike in the demand for enterprise solutions is also contributing to the positive way in which this market is set to evolve in the coming years. With many of the biggest names in tech - including Google and Verizon - investing heavily in enterprise solutions arms for their business it's clear that this is seen as a sector with huge growth potential. North America is already dominating this market and likely to continue to do so as it expands.

Big data analytics in banking and financial services is a market that has huge growth potential. Already, data analytics are being used by banking institutions to monitor and assess high volumes of customer data so as to be able to improve services and strengthen customer relationships. This includes the personalization and customization element of banking that is becoming so vital and, which simply wouldn't be possible without big data analytics as a tool. These analytics provide a broad spectrum of insights to businesses in the banking sector, including gaining a deeper understanding of customer behaviors based on investment patterns, shopping trends, personal financial background as well as how motivated individuals are to invest. Rapid tech developments in this sector over recent years have made big data analytics even more central to business operations and provided many more opportunities for those in data analytics jobs thanks to high adoption rates and continuing market growth.