Recent Study: ICT investment trends in pharmaceuticals


Enterprise ICT spending patterns through to the end of 2015


[USPRwire, Wed Oct 15 2014] This report presents the findings from a survey of 113 pharmaceutical companies regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how pharmaceutical companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

Key Findings

* Kable's survey of 113 pharmaceutical companies highlights that X% of respondents anticipate an increase in their ICT budgets in 2014, which is an increase of X% compared to 2013.
* According to Kable's survey, pharmaceutical companies are planning to invest X% of their external ICT budgets in hardware, software, and IT services in 2014, which is more than the combined allocation in 2013 (X%).
* Pharmaceutical companies are allocating the highest proportion of their software budgets to application lifecycle management (X%) followed by enterprise applications (X%) and information management (X%) in 2013.

Full Report Details at
- http://www.fastmr.com/prod/883895_ict_investment_trends_in_pharmaceuticals.aspx?afid=302

Synopsis
This report presents the findings from a survey of 113 pharmaceutical companies regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how pharmaceutical companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies enterprises are investing in, including business intelligence, content management, and cloud computing. The survey also highlights the approach adopted by the pharmaceutical companies to purchase technology. Through Kable's survey, the report aims to provide better insight to ICT vendors and services providers when pitching their solutions to pharmaceutical companies.

In particular, it provides an in-depth analysis of the following:

* Understand how ICT budgets are set to change in 2014 in terms of their overall size.
* Appreciate how IT budgets are allocated across the core elements of IT spend, including hardware, software, services, communications, and consulting.
* Learn how IT money is being spent in areas such as the data centre, applications, IT management and the network.
* Gain an understanding regarding which ICT functions pharmaceutical companies are interested in outsourcing.
* Identify pharmaceutical companies' investment priorities based on their budget allocations across core technology categories such as business intelligence, content management and cloud computing.
* Learn about the drivers that are influencing pharmaceutical companies' investments in each technology category.
* Establish how pharmaceutical companies IT budgets are currently allocated across various segments within a technology category.

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