Leading life sciences manufacturers transform their business to scale and move from products to services.
Empowered patients will be in the driver’s seat, focusing on prevention rather than treatment, and they will be comfortable sharing their health information with providers and life sciences manufacturers in secure ways. Further, patients will be more accountable for their care and have greater access to their personal health information. Technology will allow patients to use smart devices to monitor their health in real time while collaborating with their physicians from home. For life sciences companies, enabling process simplification and automation with Intelligent ERP solutions is key to turning from a make-to-stock business model to make-to-order model, as needed, to become nimbler in offering personalized therapy treatments.
Enhance and Extend Next-Generation Processes with Intelligent ERP
Bringing SAP S/4HANA® and intelligent technologies together as Intelligent ERP results in a more flexible and intelligent enterprise. To achieve next-generation business processes, companies need an ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including artificial intelligence, machine learning, blockchain, and data analytics. The most competitive banks have already begun incorporating these technologies into their business processes to transform into intelligent enterprises and better serve their clients.
An end-to-end intelligent enterprise for life sciences companies
Life sciences companies need to constantly innovate across their company value chain to drive profitable growth and adhere to regulatory requirements for product quality and patient safety. The capabilities delivered with SAP S/4HANA and its preconfigured, native integration with LoB solutions from SAP help ensure processes run smoothly and efficiently across the drug and device lifecycle, allowing companies to balance supply and demand, drive sustainable revenue growth, and maintain margins.