New Software research report from Kable Market Intelligence is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 02/06/2014 -- Product Synopsis
This report presents the findings from a survey of 102 pharmaceutical companies regarding their approach to Information and Communications Technology (ICT) procurement. The survey investigates the way that pharmaceutical companies like to purchase technology, as well as the major IT and business objectives influencing their IT investment strategies.
Introduction and Landscape
Why was the report written?
To highlight the criteria on which pharmaceutical companies select their ICT providers as well as the roles which have influence while making ICT purchasing decisions.
What is the current market landscape and what is changing?
Most pharmaceutical companies are keen to deploy their technologies on-site as they have to adhere to strict compliance regulations relating to data security, however the demand for hosted services is also gaining traction.
What are the key drivers behind recent market changes?
Hosting is more popular in relation to technologies such as mobility and green IT and virtualization, with the aim of achieving cost and operational efficiencies.
View Full Report Details and Table of Contents
What makes this report unique and essential to read?
Kable Global ICT Intelligence has invested significant resources in order to interview CIOs and IT managers about their IT Procurement. Very few IT analyst houses will have interviewed 100+ ICT decision makers in the pharmaceutical industry in H2 2012.
Key Features and Benefits
Provides insights into pharmaceutical companies' preferred buying approaches.
Comprehend the business objectives that pharmaceutical companies are looking to achieve through their IT investment strategy.
Appreciate the IT objectives that pharmaceutical companies are looking to achieve through their IT investment strategy.
Understand the factors that are influencing pharmaceutical companies' decision to select an ICT provider.
Understand which organizational roles influence ICT purchasing decisions and signing off budgets.
Key Market Issues
Pharmaceuticals companies have a higher preference for buying technologies from local resellers compared to national resellers, as they tend to be in a better position to provide timely support services and also possess vertical expertise.
The survey results indicate that pharmaceutical companies' ICT investments are focused on increasing operational efficiencies by streamlining core business processes.
The objective of cutting costs has been assigned a moderate rating of X, as pharmaceutical companies look to reduce their overheads and operational costs.
Pharmaceutical companies dealing with constrained ICT budgets are looking to deploy technology solutions that offer value for money; therefore, ICT vendors who can offer flexible pricing models will have a competitive edge over their counterparts
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Software research reports at Fast Market Research
You may also be interested in these related reports:
- ICT budget and staffing trends in Pharmaceuticals - Enterprise ICT investment plans
- ICT procurement trends in Utilities - Enterprise ICT investment plans
- ICT procurement trends in Italy - Enterprise ICT investment plans to 2013
- ICT Procurement trends in Energy - Enterprise ICT investment plans
- ICT procurement trends in the Media Industry - Enterprise ICT investment plans
- ICT procurement trends in the Retail Industry - Enterprise ICT investment plans
- ICT procurement trends in Russia - Enterprise ICT investment plans to 2013
- ICT procurement trends in the Middle East - Enterprise ICT investment plans to 2013
- ICT procurement trends in Healthcare - Enterprise ICT investment plans
- ICT procurement trends in Retail Banking - Enterprise ICT investment plans
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)