Across the globe, the life sciences industry is working to use digitalisation to improve processes and create new value 鈥� a significant challenge in this highly regulated sector where companies are often fragmented and structured in silos. This makes it all the more helpful for CDOs, CIOs, CTOs and CISOs to compare their decisions with those of other executives in technical functions, both within the sector and in comparison with other industries.
For this purpose, we provide you with the "乐鱼（Leyu）体育官网 Global Tech Report: Life Sciences Insights". This study analyses the views of senior executives in technical functions in the life sciences sector worldwide. It provides valuable insights into how organisations in the sector are navigating the complex digital transformation, including decision-making around technology investment, data, AI and cybersecurity.
This is an extract from the cross-industry , for which 乐鱼（Leyu）体育官网 surveyed 2,450 tech professionals from 26 countries and across eight industries.
The most important results of the study
- Life sciences leads all eight industries surveyed for the 乐鱼（Leyu）体育官网 Global Tech Report 2024 in prioritising and investing in edge and quantum computing, VR/AR/XR, spatial computing, XaaS technology and agile service delivery.
- Only 59 percent of life sciences respondents say their technology investment decision-making processes typically result in sound decisions that deliver valuable outcomes.
- More than a third of respondents say their organisations are using AI extensively and are seeing a return on their investments.
- 61 percent of respondents are concerned that cybersecurity is often treated as a compulsory exercise in employee training and is not fully integrated.
The study also contains insights, assessments and recommendations from our technology experts for the life sciences sector, focussing on the topics mentioned in the survey.
Meino M眉ller
Divisional Head of Performance & Strategy
乐鱼（Leyu）体育官网 AG Wirtschaftspr眉fungsgesellschaft
Methodological notes
The findings in this report come from the 乐鱼（Leyu）体育官网 Global Tech Report 2024, a survey of 2,450 tech professionals from 26 countries and eight industries. 123 executives in life sciences tech roles were surveyed for the "乐鱼（Leyu）体育官网 Global Tech Report: Life Sciences Insights". The majority
鈥� 85 percent 鈥� held positions at C-suite or department head, EVP, SVP or VP level. The majority 鈥� 86 percent 鈥� represented life sciences organisations with revenues of $10 billion to $50 billion or more.
The overarching "乐鱼（Leyu）体育官网 Global Tech Report 2024" also surveyed tech executives in the following industries: Financial Services, Technology, Retail and Consumer Goods, Industrial Manufacturing, Healthcare, Public Sector and Energy. The respondents represent companies with annual operating budgets or revenues of more than USD 100 million.
Tech leaders are clearly on course for innovation, but decentralised teams and data silos are still making it difficult for them. My recommendation: Focus on robust, evidence-based decisions in order to use AI safely and responsibly.
