Life Sciences Digital Services 2024 RadarView™

February, 2024

$1,995.00

Report Summary

This RadarView aims to help life sciences enterprises craft a robust strategy based on industry outlook, best practices, and digital transformation. It begins with a summary of key trends shaping the supply side of the market. It continues with a detailed assessment of 22 providers offering digital services in the life sciences industry. Each profile provides an overview of the service provider, its industry-specific solutions, a list of representative clients and partnerships, and brief client case studies. Each profile concludes with analyst insights on the provider’s practice maturity, investments and innovation, and partner ecosystem.

Why read this RadarView?

In the face of challenges such as cost reduction, the pursuit of flexibility, and the establishment of technological leadership, the life sciences industry is aggressively pouring digital investments and adopting cutting-edge technologies, including generative AI, advanced analytics, automation, and cybersecurity, to address these challenges. Life sciences companies are leveraging digital technologies to revolutionize manufacturing and supply chain processes. By integrating advanced analytics, automation, and IoT, they enhance production efficiency, ensure quality control, and optimize inventory management, ultimately driving innovation and responsiveness in the dynamic life sciences landscape. As this requires strong technological expertise and delivery capabilities, life sciences enterprises collaborate with service providers for digital transformation.

The Life Sciences Digital Services 2024 RadarView™ highlights key supply-side trends in the life sciences industry and Avasant’s viewpoint. It aids companies in identifying top service providers to assist them in the digital transformation of their offerings for this sector. It also analyzes each service provider’s capabilities in technology and delivery support, enabling organizations to identify the right strategic partners.

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Featured providers

This RadarView includes a detailed analysis of the following service providers: Accenture, Atos, Birlasoft, Capgemini, CGI, Cognizant, DXC, Epam, Genpact, HCLTech, Hexaware, IBM, Infosys, Kyndryl, LTIMindtree, Mphasis, NTT DATA, Persistent, TCS, Tech Mahindra, Virtusa, and Wipro.

Methodology

Our evaluation of service providers is based on primary input from the providers, focused briefings, public disclosures, validation from their clients, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of practice maturity, partner ecosystem, and investments and innovation, leading to our recognition of those service providers that have brought the most value to the market over the past 12 months.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–9)

    • Scope of coverage
    • Avasant recognizes 22 top-tier providers supporting the life sciences industry in digital transformation
    • Provider comparison

Supply-side trends (Pages 1012)

    • Service providers are using emerging technologies to enable digital transformation across the life sciences landscape.

Service provider profiles (Pages 13–79)

    • Detailed profiles for Accenture, Atos, Birlasoft, Capgemini, CGI, Cognizant, DXC, Epam, Genpact, HCLTech, Hexaware, IBM, Infosys, Kyndryl, LTIMindtree, Mphasis, NTT DATA, Persistent, TCS, Tech Mahindra, Virtusa, and Wipro.

Appendix (Pages 80–83)

    • RadarView assessment
    • Research methodology and coverage
    • Interpretation of classification

Key contacts (Page 85)


Read the Research Byte based on this report.

Please refer to Avasant’s Life Sciences Digital Services 2024 Market Insights™ for demand-side trends.