Why do Life Sciences Companies need Enterprise iPaaS?

A recent Harvard Business Review article called modernization a practical path to digital and business transformation. Double-digit productivity, innovation, and collaboration improvements have fueled the rapid growth of cloud computing. iPaaS helps life science organizations reap the same benefits by applying the power of life sciences data integration solutions to their industry.

Need for Stronger Life Sciences Data Integration Solutions

The pressure on the health sector to improve and develop is enormous. Technology is germane to unlocking this immense value. While life science companies embark on a digital transformation journey and modernization, it is a trend and practice to abandon monolithic applications and implement a diverse portfolio of first-class cloud applications. This presents companies with the challenge of eliminating data silos and integrating process and data applications with A2A business partners and B2B.

Today a diverse range of digital tools enable unprecedented amounts of data to be reported, empowering companies to draw better conclusions about patients’ needs and behaviors. As companies increase their investment in digital devices, applications, and systems, it is crucial to look for technologies that enable them to connect, provide a simple and intuitive user experience, and meet security and compliance requirements.

Life science stakeholders can gain a competitive advantage by using powerful and innovative digital technologies to integrate data and provide customer-oriented solutions. After all, data analysis is the key to optimizing the performance of companies along the global value chain. Companies need better ways to collect and manage data, derive real-time insights from it, and translate these insights into positive business results.

How Cloud-Native iPaaS can help:

iPaaS (Integration Platform as a Service) is a suite of cloud-native services. These services include data integration, application and API integration, data quality, data governance, and master data management. It is a high-availability data integration platform that enables enterprises to quickly and easily configure and deploy advanced data services in the cloud.

Let's see what an iPaaS can do for Life Sciences Companies:

• Tell you how to build data pipelines for analytics
• Connects apps and integrates data in those apps
• Helps identify, fix and examine data quality
• Helps interchange data externally with business partners
• Grants a comprehensive view of a product, client, and reference data

Some common use cases of iPaaS are:

The Boomi Enterprise iPaaS platform for Life Sciences Companies:

Best-of-breed applications portfolio in Life Sciences companies can typically look like Oracle/NetSuite/SAP Cloud ERP, Coupa Procurement, Veeva CRM, Trackwise Quality, Trace link Track & Trace, Workday HCM etc., and B2B integrations with Contract Manufacturers (CMO/CPO), 3PLs, Customers, Suppliers, Banks, etc.

Whether in biotechnology, pharmaceuticals, or Medtech, the life sciences sector needs to accelerate in technological advances, partly due to high regulations and other compliance, data security, and data protection challenges.

The Boomi Enterprise iPaaS platform provides end-to-end features such as application integration, data quality and governance for B2B and EDI, network management, API management, and workflow automation.

Jade Global develops ready-made solutions to accelerate iPaaS deployment and compliance and validation frameworks. Our solutions and consulting services focus on data-centeredness, AI enablement, and digital experiences. This empowers life sciences organizations to leverage cutting-edge technologies to improve the efficiency of their services and stay ahead of the curve.

How you can begin your journey with iPaaS for Life Sciences:

• Check our Boomi integration services page, where you will find hundreds of resources like ebooks, whitepapers, and case studies.
• Also, visit our Life sciences industry solutions pagefor transformational real-life case studies.
• For a genuinely insightful session with industry experts, joinJade Global's upcoming Life Sciences Boomi webinar "Best practices for deploying Boomi Enterprise iPaaS for Life Sciences companies" on 18th May 2021, between 11:00 AM to 12:00 PM PST and get highlights on how Boomi's iPaaS platform combined with Jade Global's Pre-packaged Industry Solutions for iPaaS is helping Life Sciences companies.