The rocky road to life science data and analytics
Rapid evolution of analytics over the past 20+ years, coupled with significant merger, acquisitions & divestiture activity and the recent disruption of the Healthcare eco-system, leaves our Life Sciences Customers in a State of Crisis. However, every crisis brings with it, significant opportunity.
As years went on SAP clearly recognized the fast-growing BI (Business Intelligence) market and made numerous investments into the various backend and front-end tools part of SAP BW, and in 2007 decided to acquire Business Objects & Outlooksoft. A bold move in that historically SAP’s approach was to grow organically. With Business Objects, SAP offered its customers better ad-hoc reporting capabilities, self-service capabilities, dashboards & visualizations, and with Outlooksoft which emerged as SAP BPC (Business Planning & Consolidation) the capability to leverage enterprise data for more effective planning & consolidations across the Enterprise.
With our customers in a state of crisis, we decided to work together on producing a Life Sciences Industry focused Data & Analytics strategy with the objective of positioning critical Life Sciences Analytics use cases, putting forward a future-state architecture to enable these use cases as well as supreme foundational capabilities, and the Analytics roadmap to get there with critical considerations. A few examples are shown here: