The pharmaceutical industry, currently, faces challenges like lack of data standardization, data in disparate systems, visibility of changes across product life cycle and its impact, data redundancy, unstructured data analysis, lack of contextualization etc.
Data has become a critical element as well as a strategic asset for the pharma industry. To overcome any data related challenges in the futuristic data driven world, robust DFL (data Foundation Layer), or data fabric layer – as a solution can be proposed to manage underlying data, its correctness, completeness and accuracy. This can help offer visibility and ease the management of scalable data with agility and ensure data confidence. This white paper focuses on the future ways of smartly managing data while ensuring efficiency, purpose-centricity and ready availability for consumption.