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New report on companies that provide lifesciences-IT solutions and services released

Published on September 23, 2009 at 7:20 AM · No Comments

Research and Markets (http://www.researchandmarkets.com/research/0338bf/competitive_profil) has announced the addition of Frost & Sullivan's new report "Competitive Profiling of Market Participants in Lifesciences-IT" to their offering.

This Frost & Sullivan research service titled Competitive Profiling of Market Participants in Lifesciences-IT offers a comprehensive overview of companies that provide lifesciences-IT solutions and services. The research focuses on end-user spending in lifesciences-IT and examines the portfolio of companies in this vertical. Key descriptions include the name of the company within the pharma lifecycle value chain segmentation, its solution/service offerings, whether public/private and its location, among other details.

Market Overview

Lifesciences Companies to Continue with Outsourcing Even as Service Providers Rethink their Pricing Models

The global recession will have limited effect on the lifesciences industry. However, internal factors and external issues such as weak product pipelines, generic competition and declining market shares are pressurising lifesciences companies to cut down their IT budgets. "SaaS technology will be adopted by pharmaceutical companies as it is cost effective and offers enhanced flexibility options," notes the analyst of this research. "The lifesciences industry is focusing on outsourcing its operations to reduce costs, creating a new market for vendors of IT solutions."

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