target audience: TECH BUYER Publication date: Mar 2024 - Document type: IDC MarketScape - Doc Document number: # US51925324
IDC MarketScape: Worldwide Life Sciences R&D Lab of the Future Technology Solutions and Consulting Services 2024 Vendor Assessment
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Abstract
This IDC study has a specific focus on LotF solutions and consulting services in the life sciences R&D space. This document seeks to compare major service providers with each other based on criteria that should be important to life sciences companies when considering the selection of a technology solutions and consulting services partner to help implement a LotF strategy, transformation and modernizing labs, across the value chain, from design of experiment (DoE) to manufacturing, and back. This is the first time that an IDC MarketScape assessment on this topic in life sciences has been performed.
"The 'lab of the future' is a vision that is rapidly becoming a reality. A term that not a lot of the industry had heard in the past is suddenly the buzz word of today. There has been a sudden realization of the enormous value proposition that a LotF strategy brings to the table, and everyone has woken up to the need to adopt this strategy. Organizations are rethinking, reinventing, and rebuilding — at scale," said Dr. Nimita Limaye, research VP, Life Science R&D Strategy and Technology, IDC.