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Life sciences businesses have accelerated their digital-first journey to survive and
thrive in a world where time-to-everything matters more than any other strategic
imperative, according to our study. Digital ways of working and doing business
forged and hammered in the COVID-19 crucible will not be scrapped.
The Work Ahead
in Life Sciences:
Cures at the Speed
of Digital
The Work Ahead
Executive Summary
The pandemic intensified the life sciences industry’s
urgency to change, with digital technologies shooting
from a strategic priority to an operational imperative.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
The life sciences industry has traditionally been slow to adopt digital technologies, primarily due
to regulations that have encouraged a conservative approach to innovation. COVID-19, however,
brought explosive – and urgent – change that will ultimately transform the industry’s future.
From vaccine testing and production to care access
and delivery, every facet of the industry had to adapt at
speed and scale. New ways of working (remotely), new
ways of doing business (all online) and new ways of
creating value (safe customers and employees) made
life sciences companies realize just what digital had to
offer. In the post-COVID-19 era,“digital” will mean more
than just applying technology to business processes; it
will mean reinventing the business by connecting data,
knowledge, people and insights, turning traditional life
sciences into a proactive industry.
To understand how companies are preparing to
survive and thrive in this changing world, Cognizant’s
Center for the Future of Work surveyed 4,000
business leaders from around the world, including
285 executives at leading life sciences companies
(see methodology, page 21). Our research reveals
that Internet of Things (IoT), artificial intelligence
(AI), automation and data analytics will be at the
core of the life sciences industry’s transformation,
enabling intelligent decisions, unlocking innovation
opportunities and building long-term operational
resilience.
Life sciences companies that thrive in the future will
empower health consumers with insights, give them
greater control over their well-being and, ultimately,
build lasting trust. They will turn “life sciences”
into “life care” by extending value beyond therapy
administration and intervention to a more holistic
approach to wellness. For example, more attention
to nutrition and exercise may diminish the need for
insulin treatments or knee replacement surgery.
Digital technologies, along with the proliferation
and standardization of data to power analytics, will
enable new clinically and commercially driven value
propositions.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
To capture these opportunities, life sciences companies
will need to develop new communities and partnerships
across the industry value chain. As organizations
prepare for this shift,this report offers a comprehensive,
indispensable guide to becoming a life-care business.
Our key insights include:
1	COVID-19 set a new digital agenda for life
sciences. The pandemic intensified the industry’s
urgency to change, with digital technologies
shooting from a strategic priority to an operational
imperative. More than half (53%) of life sciences
respondents said even more change was ahead
when it comes to digital ways of working and
doing business.
2	Digital is the direction for future growth. On
average, respondents expect to generate 8%
of their revenue from digital channels by 2023,
which is double that of today (4%), highlighting
the need to overhaul business and operating
models to support the digitally-enabled care
access and delivery models accelerated by COVID.
The emergence of digital therapeutics and co-
prescribed apps are just one example of how
digital is redefining clinical and commercial value.
3	IoT, AI, automation and analytics are central
to augmenting processes. The top technologies
being used to augment business processes
are sensors/IoT (80%), data analytics (73%),
AI (68%) and process automation (47%). The
commercialization of cell and gene therapies
exemplify how these technologies are integrated to
drive clinical and commercial value.
4	Augmented processes will drive significant
business benefits. Improvements in operational
efficiency (31%), decision-making (25%), innovation
(25%) and operational effectiveness (24%) are the
top four business outcomes respondents expect to
achieve with augmented processes. For example,
medical device manufacturers are deploying
augmented tools and processes to improve field
service on capital equipment and to enhance
surgical training for surgeons and staff.
5	Power lies in data, not devices. The top three
tasks that will be performed by machines in the
next three years will be execution of complex
decisions based on real-time information (23%),
sifting large data sets to filter and identify errors or
actionable items (22%) and process improvement
(22%). Empowering patients with data insights
to proactively manage wellness and pre-empt
potential ill health will become the new normal.
6	Machines alone aren’t the answer. Human-
machine collaboration is key. Decision making,
innovation and learning will become the top three
most essential skills in 2023. These skills are best
performed by humans – not in isolation, though,
but supported by the insights generated by AI and
data analytics and by the efficiencies of intelligent
automation. Clinical decision support tools may
provide consistently high levels of diagnostic
accuracy when compared with a weary clinician,
but combining data processing power with a
clinician’s awareness of the social determinants
that impact a patient’s health would lead to
treatment decisions that result in better health
outcomes.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
COVID-19: a turning point for life sciences
In about 12 months, the life sciences industry
accomplished what has historically taken years, enabled
by decades of supporting research, novel uses of AI
for target identification and a collaborative regulatory
and funding environment. Life sciences, we now know
beyond a doubt, is far more agile than anyone could
have imagined.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
2020 2023
25%
43%
40%
13%
51%
23%
Behind or far behind
most competitors
On par with most
competitors
Ahead or far ahead of
most competitors
The Work Ahead
Life sciences companies have been relentlessly busy ever since the pandemic broke. The skyrocketing
demand for diagnostic kits, medical equipment and life-sustaining drugs, coupled with the race to
discover, test, manufacture and distribute novel vaccines, has monumentally changed how life sciences
companies operate.
The COO of a U.S.-based life sciences company involved in
clinical development told us his company’s sales increased 12%
globally during the first half of 2020. In all, 72% of respondents
said the coronavirus had a positive to very positive impact on
their business performance.
COVID-19 acted as a catalyst: The industry had to develop the
most efficient solutions, systems and processes to help clinical
researchers discover safe, effective treatments and to effectively
manufacture and deliver those treatments. Life sciences
companies had to transform their operating models almost
overnight by moving every aspect of their business online,
including engaging with clinicians and patients. Scientists
raced to understand the disease; researchers enabled by AI
sought treatments; device manufacturers collaborated with
both scientists and researchers to develop tests first in the lab
and then at the point of care; and in some cases, partnerships
were rapidly established to expand manufacturing capacity for
necessary COVID-19 equipment.
Health authorities and the life sciences industry had to work
at unprecedented speed. They collaborated across corporate
and country boundaries to accelerate drug development,
regulatory filings and vaccine approvals. In about 12 months, the
life sciences industry accomplished what has historically taken
years, enabled by decades of supporting research, novel uses
of AI for target identification and a collaborative regulatory
and funding environment. Life sciences, we now know beyond a
doubt, is far more agile than anyone could have imagined.
Embracing a digital-first future
Currently, just 25% of life sciences companies in our study
feel they’re ahead of their competitors in applying digital
technologies to transform business strategies, processes and
services (see Figure 1). Fast-forward to 2023, however, and 43%
predict they’ll be ahead of the competition.
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 1
A digital injection ahead
Respondents were asked how their organization compares with others in applying digital technologies to transform business
strategies, processes and services, now and in three years. (Percent of respondents)
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Clearly, life sciences organizations have no intention of
abandoning the digital ways of working and behaving (remote
research,“virtual” clinical trials, virtual consultations, among
others) that they devised and implemented in response to the
COVID-19 pandemic. In fact, 53% of life sciences respondents
(compared with the global average of 50%) said the pandemic
would further accelerate digital ways of working and doing
business. The president of a clinical research company in
Ireland said,“We are evolving to improve how we do a whole
host of activities across the company – from drug discovery and
patient identification, to optimized interactions with physicians
using digital technologies.”
While life science companies currently generate just 4% of
their revenue from digital channels, on average, they predict
that to double (8%) by 2023 (see Figure 2). The increase in
digital revenue will be driven by the explosion of diagnostic data
flowing into and around processes, resulting in better workflows
across R&D, manufacturing and supply chain processes, as
well as successive waves of innovative services targeted at
patients. Although the industry continues to lag behind others
in generating revenue from digital channels, due to regulatory
constraints and clinician and patient adoption, the pandemic
demonstrated both the need and capacity for change. Digital
technologies rapidly advanced from a strategic priority to an
operational imperative.
To meet these ambitious revenue targets, life sciences
companies must be prepared to serve the customer of the
future (see Quick Take, next page). Clinician and consumer
usage of digital engagement platforms exploded as a result of
the pandemic, as did consumer use of pharmacy apps, fitness
wearables and health sensors. With gyms closed, health and
fitness apps usage skyrocketed,1
and telehealth, in a matter
of days, became a lifeline for patients and providers. One
healthcare provider recorded a 154% year-on-year increase in
telehealth visits during the last week of March 2020 alone.2
Do-it-yourself telehealth evaluations like Everlywell’s at-
home tests, which advise consumers on how to live healthier
lives, became the new normal.3
Process advancements in
telemedicine and interoperable EMR/EHRs that travel with the
patient (rather than sitting in disconnected health provider
and insurance carrier silos) will help make consumers more
empowered with their healthcare. The new data interoperability
standard from the Centers for Medicare and Medicaid Services
is another step toward democratizing data for health and
healthcare.4
Decentralized, digital or “virtual”clinical trials will
allow patients to more easily participate in clinical studies from
their homes, integrating legacy digital enablement tools such as
e-consent with more robust telemedicine tools and wearables
that are clinical-grade.
Response base: 4,000 (all respondents); 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 2
Digital means money
Respondents were asked what percent of their company revenues come from digital channels, now and in three years.
(Percent of revenue from digital channels)
2020 2023
4%
8%
13%
9%
Life sciences respondents All respondents
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
Quick Take Understanding the customer of the future
Meet Tanya, an average middle-aged working woman. Tanya steps into her car after
leaving her doctor’s office and breathes a sigh of relief. When the doctor called last week to
schedule some tests, she was worried. Although she was following her personalized health
plan, data from her smartwatch and home scanners detected the earliest signs of liver
disease.
Because these disease indicators were captured and assessed in real time, rather than at
an annual checkup, Tanya and her care team can effectively manage and treat the disease.
Now, Tanya’s home scanners will regularly monitor specific biometric indicators, and send
her personalized dietary, exercise and sleep instructions. Should these behavioral guided
interventions be insufficient in delaying or eliminating the onset of the disease, therapeutic
treatments can be designed based on her genome and microbiome. If needed, her voice-
based personal assistant can remind her of her treatment instructions and regime, along
with useful tips.
Tanya feels confident because she’s in control of her health and her healthcare. She is
emblematic of the new health consumer, who is empowered by technology and the wealth
of health information at their fingertips. Companies like Chronomics, a UK-based startup,
give consumers ownership of their health data and inform and anticipate their medical
and lifestyle choices, transitioning the industry from blanket therapies to personalized
medicines.5
By 2025, consumers will take their well-being and healthcare into their own hands.
Healthcare and life sciences organizations will need to find their place in the digital
ecosystems consumers have created to manage their health. Patients will be better
informed, more health-conscious and have more intuitive and engaging tools to maintain
their health than at any other time in the past. (Read more about the customer of the future
in our report “Algorithms Over Brands: How to Reach Today’s and Tomorrow’s AI-
Augmented Customer.”6
)
As value-based reimbursement models proliferate, healthcare and life science companies
will evolve their business relationship to one where clinical, financial and operating risks
are shared.7
As AI-augmented customers shape the future of healthcare, life sciences
companies must assess which roles they undertake when assisting healthcare professionals
and patients in a distributed care delivery market in which in-home, in-store and virtual
consults complement traditional in-office doctor visits. In an interconnected care ecosystem,
life sciences companies need to assess where and how they lead and collaborate with other
industry participants.
The Work Ahead
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
A ‘mesh of machines’ will augment processes
While life sciences companies have only started
leveraging digital technologies to augment their business
processes, significant progress is expected within
the next three years. Clinical research (54%), clinical
development (44%) and R&D innovation (33%) are the
top three processes slated for augmentation by 2023.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Life sciences business models and supporting processes were formed long before digital technologies
appeared on the scene. While these were designed to maintain regulatory compliance in a non-digital
business environment, consumers, regulators and life sciences companies are now searching for ways
to improve the development and delivery of safe and effective therapies in a digital-first global business
environment.
The development and approval of multiple effective COVID-19
therapies demonstrated that therapeutic discovery processes
could happen at a surprising speed when predicate research
is conclusive. The question is, which of the processes and tools
could be replicated post-COVID to deliver value?
While life sciences companies have only started leveraging
digital technologies to augment their business processes,
significant progress is expected within the next three years (see
Figure 3). Clinical research (54%), clinical development (44%)
and R&D innovation (33%) are the top three processes slated
for augmentation in the future.
Digital access to pre-publication scientific research, as
exemplified by bioRxiv, is an example of how knowledge can be
disseminated more quickly.8
Ubiquitous digital platforms and
tools enable researchers and consumers to gather data into
usable formats; an example is the “COVID tracking project,”
which could contribute to scientific advancement and clinical
discoveries.9
Predictive analytics could also improve viral
detection and therapeutic applications. Insilico Medicine is one
example where analytics are being applied to accelerate the
identification of potential treatments.10
It took Insilico’s predictive
system just four days to identify thousands of new molecules
that could be turned into potential medicinal therapies to
combat the virus.11
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 3
A surge in process augmentation
Respondents were asked to describe their progress made in implementing emerging technologies to augment workforce
performance in several business processes, now and in three years. (Percent of respondents rating their progress as “widespread
augmentation” and “implementing projects/good augmentation”)
Expected progress in three years
Progress today
Clinical
research
Clinical
development,
including trials
R&D
innovation
Information
services and
technology
New product
and service
development
Production
and operations
management
Supply chain
and partner
management
Sales, marketing
and customer
service
Strategic
planning and
implementation
Financial
management,
accounting,
budgeting, analysis,
and reporting
11%
54%
7%
44%
12%
33%
4%
7%
20%
4% 2%
15% 15%
4%
20%
10%
20%
3%
22%
15%
10
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
We also asked respondents which technologies they’ve put to
greatest use when augmenting their processes. IoT is seeing
the most attention, with 80% of respondents implementing it
to some degree (see Figure 4). Life sciences companies are
looking to IoT to reduce costs, improve health outcomes and
keep workers safe. They’re leveraging IoT with a dual agenda: to
bring greater efficiency to manufacturing and the supply chain,
while also looking for ways to better connect with consumers.
With sensors, devices and wearables, it’s now possible to
collect and analyze all manner of information within and
outside of clinical settings, enabling automatic and hassle-free
monitoring. IoT is also helping companies improve visibility
and connectivity across the supply chain, a requirement for cell
and gene therapies and beneficial for biopharma and medical
device companies in improving control of product inventories,
reducing loss and waste.
While few respondents have run 5G pilots, the mesh of
machines created by IoT and 5G will serve as a foundation for
new levels of functionality and possibility.
The 3 As of digital-first business:
AI, automation and analytics
Respondents have also made progress in implementing AI
and analytics. A majority of respondents (73%) are expecting
analytics to create value from data. With real-time insights and
decision-making, companies can filter out production and
supply chain inefficiencies, and remove human intervention in
repetitive tasks, delivering new performance thresholds.
A total of 68% of respondents are in some stage of pilot or
implementation with AI. AI use cases range from drug discovery
and patient identification, to optimized physician interactions.
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 4
Leading technologies are IoT, AI, analytics, automation
Respondents were asked about the process they’d made in implementing a variety of technologies to augment business processes.
(Percent of respondents)
Sensors/
Internet of
Things
Data
analytics
AI Process
automation
Blockchain Robots AR/VR Chatbots Auto-
nomous or
self-driving
vehicles,
drones,
telematics
3D
printing
5G infra-
structure &
applications
28%
38%
14%
5%
31%
37%
7%
32%
29%
5%
14%
28%
29%
9%
25%
5%
7%
3%
25%
7% 8%
27%
3% 2%
14%
Some pilots underway
Some implemented projects
Widespread implementation
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Life sciences companies are using AI to boost the accuracy of
risk predictions, make patient care more intuitive, determine
the most effective treatment for individual patients, and
support compliance via real-time insights. Zenith Technologies,
a Cognizant company, is applying machine learning across
biopharmaceutical and medical device manufacturing
operations to improve productivity and time
to market.12
According to the COO of a clinical development company,
“We have developed several machine-learning algorithms and
devices with the potential to predict the risk of certain serious
diseases before they strike.”
The fight against the virus reaffirmed the importance of
machine learning and other AI technologies in speeding
discovery of treatments and cures for all disease types. Deep-
learning algorithms helped make sense of the gargantuan
datasets for protein identification that were beyond the
comprehension of data scientists.
The first system to warn of the outbreak was the deep-learning-
driven BlueDot.13
The intelligent system sent an email to its
clients warning of the virus a week before the World Health
Organization alerted the general public.14
AlphaFold, a deep-
learning system, is working to predict the interactions of protein
structures with chemical compounds to facilitate new drugs or
recommend current medicines.15
The increasingly sophisticated
technologies of AI, machine learning and deep learning will
alter how drug discoveries are made and may allow us to
respond more quickly to future pandemics.
Process automation is also no longer optional, with 47% of
respondents at some phase of pilot or implementation. A senior
executive at a leading life sciences company told us,“We have
accelerated the automation in our production units to minimize
the human presence and maintain employee safety.” Clinical
data science, compliance management, regulatory compliance,
customer interaction, invoice processing, narrative writing and
customer setup are usually the most addressable processes
for massive cost savings. AiCure, for example, is an intelligent
automation solution for clinical data science that is readily
available for deployment.16
The combined use of data analytics, automation and cognitive
techniques will transform clinical development by enabling
decentralized clinical trials, and change how research
organizations engage with patients and drive process
efficiencies. For instance, a machine-learning algorithm behind
a company’s mobile app could allow patients in a clinical trial to
integrate their health history, recognize variations and receive
informed alerts when something is amiss.
The CIO of a drug manufacturing company in India
commented,“We’ve started making use of a combination of AI,
automation, analytics and connected wearables for the clinical
trial and clinical research for protocol development.” The “3As”
(automation, analytics and AI) are emerging as a sophisticated
and complex set of tools that need to be deeply embedded in
processes for the future of work to happen.
Process automation is also no
longer optional,with 47% of
respondents at some phase of pilot
or implementation.
47%
12
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
The new rule of work: human + machine
The top-valued workforce skills will increasingly tilt
toward human capabilities that validate the need for
human-machine collaboration: innovation, decision-
making, leadership and learning.
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The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Our life sciences respondents believe intelligent machines will take on more data-oriented tasks and
complex decision-making between now and 2023, from about 15% of this work today to 23% in three years
(see Figure 5).
Smarter decisions can be made by linking an expanding set of
data sources, such as wearables, sensors, devices, social media
tools and electronic health records, via a digital platform and
then applying AI tools.
For instance, AI platform KenSci incorporates big data and AI to
forecast clinical, financial and organizational risk by taking data
from current sources to predict everything from who might get
sick, to the drivers of increased healthcare costs.17
Sensors, smart processes and smart drugs will impact how life
sciences companies collaborate to create value. Using digital
tools and approaches, clinicians and data scientists can already
orchestrate tasks, merge and analyze data sets from drug
trials and direct observations from other physicians, electronic
medical records, online patient networks or genomics research.
New, simpler data visualization tools will help ensure that
doctors and scientists can visualize and interpret data without
technical assistance.
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 5
Machines in action: from the routine to the complex
Respondents were asked the extent that machines will perform work vs. employees for a variety of processes.
(Percent of work done by machines)
Today 2023
Execution of complex
decisions, (e.g., based on
real-time information
& multiple inputs)
Sifting large data sets
to filter and identify
errors or actionable items
Feedback,
assessment, process
improvement
Evaluation of options/
recommendations to
make decisions
16%
24%
22%
16%
22%
15%
22%
23%
18%
21%
15%
21%
15%
21%
14%
21%
Collection, curation
& management of data
Physical actions
to implement
decisions
Mining and analysis of
data to diagnose problems,
make predictions,
recommendations
Execution of routine,
rules-based decisions
based on data inputs
14
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 6
Innovation, decision-making and efficiency are top expected
outcomes of augmented processes
Respondents were asked what progress they expect in a variety of outcomes as a result of process augmentation, now and in 2023.
(Mean percent increase)
Data generated by processes that stretch across drug
development, manufacturing, supply chain and patient
aftercare can be collected, stored, sifted and mined for
insights.18
For many companies, this calls for strengthening
master data management architectures and strategies.
Companies should consider establishing a data supply chain
across the business for optimum machine-delivered insights.
From efficiencies to more strategic
outcomes
When it comes to the benefits realized by augmenting
processes with technology, most respondents appear to have
focused on achieving operational efficiencies (see Figure 6).
However, increases in analytics and data should deliver even
greater benefits in manufacturing resilience and supply
chain flexibility.
More strategic outcomes, like better decision-making and
innovation, are on the three-year horizon. In fact, life sciences
respondents expect greater improvements in innovation
through process augmentation than the cross-industry
average (25% vs. 10%). Once the hard work of instrumenting,
automating, tracking and analyzing the business’s core
operations is completed, the application of machine learning
will consistently deliver innovation opportunities. In a world of
cloud services, open APIs, platforms and crowdsourcing, every
organization has access to readily affordable tools with which to
build the future of their work.
By 2023
Today
Operational
efficiency
Decision-
making
Innovation Operational
effectiveness
Employee
experience
Sales
Brand
reputation
Customer
experience
Organizational
agility
Risk management,
security &
regulatory
compliance
Sustainability
18%
31%
14%
25%
6%
25%
6%
4%
2%
16%
3% 3%
14%
12%
1%
10%
1%
18%
16%
5%
24%
16%
15
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Redefining skillsets to thrive in a
machine-oriented world
Study respondents are developing a more realistic view of
humans’ role in the age of AI. As Figure 7 shows, the top-valued
workforce skills will increasingly tilt toward human capabilities
that validate the need for human-machine collaboration:
innovation, decision-making, leadership and learning.
Decision-making and strategic-thinking skills are best
performed when workers are supported by the insights
generated by AI and data analytics, and freed from performing
rote and repetitive work by intelligent automation. The human
role will increasingly focus on what gets done with data-driven
insights, requiring a renewed focus on decision-making,
leadership and strategic thinking. Augmented by technology,
the healthcare workforce will combine people and machines
at every touchpoint. From discovery to delivery and customer
experience, the workforce will embrace change, adopt new
skills, collaborate and align around a common purpose:
the patient.
Innovation as a skill is in strong demand and projected to
have sustained high demand over the next three years. With
increasing cost pressures and competition, life sciences
companies will need to innovate their business model to
find new growth opportunities, with the support of digital
technologies. For example:
	
❙ Product innovation: AI platforms can help monitor a fleet
of manufacturing machines, enabling fast recognition of
which components fail prematurely and why. Bioserenity is
using smart clothing, IoT and AI to co-create solutions that
diagnose, monitor and test those suffering from epilepsy.19
Response base: 285 senior life sciences executives
Source: Cognizant Center for the Future of Work
Figure 7
Needed skills will require human-machine collaboration
Respondents were asked which skills were more important today than previously and which would become more important by 2023.
Innovation (56%)
Leadership (38%)
Decision-making (37%)
Analytical (34%)
Strategic thinking (33%)
Selling (27%)
Interpersonal (26%)
Communication (23%)
Customer care (20%)
Fabrication (18%)
(57%) Learning
(56%) Innovation
(55%) Decision-making
(55%) Strategic thinking
(55%) Leadership
(50%) Selling
(49%) Analytical
(45%) Communication
(39%) Interpersonal
(38%) Customer care
IMPORTANCE By 2023
Today
1
2
3
4
5
6
7
8
9
10
16
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
	
❙ Process innovation: AI will monitor an instrumented
workflow and quickly recognize existing bottlenecks and
recommend new approaches. Organovo’s 3D-printed
tissues mimic key aspects of human biology and disease to
accelerate the drug discovery process.20
	
❙ Customer-led innovation: A team can gain real-time and
continuous insight on how products are (or aren’t) being
used and where areas for improvement (both incremental
and exponential) exist.
Learning as a skill is also expected to become extremely
important in the future, shooting up to first in the rankings by
2023 from below tenth place today. This is not surprising as
the augmentation of the workforce in life sciences is still in its
early stages. Companies have not reached the point where
researchers, salespeople and other industry participants have
an awareness of AI and other data analytics resources.
The CFO of a pharma company in the U.S. said,“We initiated a
pilot by getting around 3,000 sales employees to start engaging
with AI for their work. The AI virtual assistant did all the time-
consuming work like fetching information, synchronizing
and visualization of data, and our employees could focus on
the more human nature of the job like engagements and
conversations.”
Preparing the current and future workforce with relevant skills
requires a reboot of traditional, decades-old training, learning
models and approaches. To establish new learning models,
businesses need to engage in more flexible partnerships,
accelerate their response time, provide more proactive modes
of delivery and offer new combined-skill programs. (For more
on this topic, see our report “Relearning How We Learn, from
the Campus to the Workplace.”21
)
17
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
A prescription for the post-COVID-19 world
COVID-19 accelerated the shift not only in where and
how we access care, but also in the nature of healthcare
and life sciences itself: from a reactive system, in which
people seek medical help when they get sick, toward a
predictive and preventative healthcare network.
18
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Life sciences organizations can take several steps to ensure they gain or sustain the momentum needed to
move from simply understanding that “something big is happening,” to capitalizing on the massive shift in
expectations that comes with digital’s inexorable proliferation.
To meet their ambitious plans to get ahead of the competition,
life sciences companies will have to prioritize digital-first
investments, reimagine health consumer relationships and
restructure teams. Here are some prescriptions for these
organizations to follow:
	
❙ Inject “wellness” at the core of your brand. People
are living longer and have greater access to data that
gives them more control over their health and well-being.
Consumer adoption of wearables and wellness/fitness
apps demonstrates a growing desire to proactively self-
manage and improve their own health, potentially reducing
healthcare costs. Progressive companies are already moving
ahead.Johnson & Johnson Consumer Health is investing
$800 million over the next 10 years to improve the health of
both people and the planet.22
	
❙ Become a data-driven business. How life sciences
companies access, understand and interpret data will
determine their ability to shape life-care delivery. By
harnessing data, life sciences companies can gain real-
time, actionable insight and make fast, accurate predictions
to anticipate patients’ needs and discover treatments.
Health Bank empowers people to exchange their health
data on a neutral and independent platform, with the goal
of driving innovation in health sciences, from prevention
to cure.23
Companies need to make transparency core to
their data strategy by clearly defining the health data they
will collect from consumers, what they will do with it, and
what consumers will get in return. Mastering this give-to-get
equation is critical to earn – and keep – consumer trust.
	
❙ Prioritize a focus on innovation. Establish a top-down
strategic commitment supported by an innovation-focused
governance model, process and metrics to explore data
science, algorithms and AI across business operations. The
focus should include R&D investments, innovation programs
and development across the organization. Begin dismantling
business and data silos to align IT, data science and business
domain subject matter experts. Establish a data supply chain,
combining clinical data and consumer-generated data from
wellness apps/devices and social media. Enable access
to company-owned data to drive better research and clinical
trial results and effective understanding of patient populations.
	
❙ Rethink organizational and team structures. As AI and
automation take over more repetitive tasks, work demand
will change team structures. Rather than larger hierarchical
team structures, smaller teams will emerge that allow more
fluidity and flexibility across roles and functions. A UK-based
business’s chief strategy officer said,“We are striving to
develop cross-functional experts. This means that someone
who is working in clinical trials can also be moved to the
procurement team. Cross-functional roles will help us retain
knowledge internally and enhance our strategies around
planning, forecasting, supplier performance management,
master data maintenance and real-time reporting indirectly.”
Build teams that blend science, technology and customer
experience skills to humanize your products and services.
	
❙ Double-down on collaboration (and not competition).
Since coming together to fight the virus, more life sciences
companies now recognize that sharing data (where they can)
and co-investing in market development can catalyze a much-
needed makeover of their business models. Expect to see
more such collaboration as life sciences companies unlock
opportunities from data and create new ways forward in the
healthcare/patient care ecosystem.Ten large pharmaceuticals
companies, including Johnson & Johnson,AstraZeneca and
GSK, embarked on the first collaboration to train their drug-
discovery, machine-learning algorithms on each other’s data.24
	 A collaborative approach will allow companies to share costs
and find solutions faster, radically changing the economics
of life sciences. In addition, partnerships between industry
and academia, as well as patient advocacy groups, can
bring deep insights into health and healthcare, accelerating
industry development in rare and orphan diseases.
To meet their ambitious plans to get ahead of the competition, life sciences
companies will have to prioritize digital-first investments, reimagine
health consumer relationships and restructure teams.
19
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
The making of a life-care brand
We will never obliterate disease from society. COVID-19
accelerated the shift not only in where and how we access
care, but also in the nature of healthcare and life sciences
itself: from a reactive system, in which people seek medical
help when they get sick, toward a predictive and preventative
healthcare network. The transition is being enabled by
algorithms that support early diagnosis and provide treatment
recommendations, extending the capacity of physicians and the
capability of healthcare workers.
With an aging worldwide population and the increase in
chronic disease, predictive and preventative care can deliver on
the health and healthcare promise of better outcomes at lower
cost. In addition, novel technologies such as gene-editing will
allow us to address more types of disease, supporting a change
in focus from cure to care.
The life sciences industry doesn’t need to wait for the next
pandemic before building a more resilient, continuous,
consumer-centered system of care. 2021 marked the beginning
of a life-care brand: a brand that genuinely cares about
consumers’ health and well-being through digital tools, systems
and approaches.
Life sciences companies that transform their operating model
from “treating a patient” to focusing on the well-being of
customers will succeed. The biggest challenge will be using
technology to humanize healthcare rather than treating patients
like machines that need to be monitored and checked. The
overriding message from our study is that now is the time to
bring real change by moving from volume-driven to care-driven
businesses. Life sciences companies that prove to be authentic
change-makers will put humans before profits and, in due
process, earn consumer trust.
20
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
Cognizant commissioned Oxford Economics to design and
conduct a study of 4,000 C-suite and senior executives,
including 285 in the life sciences industry. The survey was
conducted between June 2020 and August 2020 via computer-
assisted telephone interviewing (CATI). Approximately one-third
of the questions were identical to those included in the 2016
Work Ahead study, allowing us to compare responses and track
shifting attitudes toward technology and the future of work.
Respondents were from the U.S., Canada, UK, Ireland,
France, Germany, Switzerland, Benelux (Belgium, Luxemburg,
Netherlands), Nordics (Denmark, Finland, Norway, Sweden),
Singapore, Australia, Malaysia,Japan, China, Hong Kong, India,
Saudi Arabia and UAE.
They represent 14 industries, evenly distributed across banking,
consumer goods, education, healthcare (including both payers
and providers), information services, insurance, life sciences,
manufacturing, media and entertainment, oil and gas, retail,
transportation and logistics, travel and hospitality, and utilities.
All respondents come from organizations with over $250 million
in revenue; one-third are from organizations with between
$250 million and $499 million in revenue, one-third from
organizations with between $500 million and $999 million in
revenue, and one-third with $1 billion or more in revenue.
In addition to the quantitative survey, Oxford Economics
conducted 30 in-depth interviews with executives across the
countries and industries surveyed. Interviewees who responded
to the survey have a track record of using emerging technology
to augment business processes. The conversations covered
the major themes in this report, providing real-life case studies
on the challenges faced by businesses and the actions they
are taking, at a time when the coronavirus pandemic was
spreading around the world and companies were formulating
their strategic responses. The resulting insights offer a variety of
perspectives on the changing future of work.
Methodology
21
The Work Ahead in Life Sciences: Cures at the Speed of Digital
33% U.S.
Germany 6%
Switzerland 1% 1% Ireland
France 6%
UK 5%
Japan 4%
India 4%
China 4%
Australia 3%
Singapore 3%
Hong Kong 3%
Saudi Arabia 3%
8% Benelux
(Belgium, Luxemburg, Netherlands)
Canada 3%
7% Nordics
(Denmark, Finland, Norway, Sweden)
UAE 3%
Malaysia 3%
Respondents by geography Respondents by role
13%	 Vice President
13%	 Chief Operating Officer
13%	 Director reporting to
	 senior executive
13%	 Senior Vice President
12%	President
12%	 Chief Executive Officer
12%	 Chief Financial Officer
12%	 Other C-suite Officer
(Percentages may not equal 100% due to rounding)
The Work Ahead
Manish Bahl
Associate Vice President
Center for the Future of Work, Asia Pacific and the Middle East
Manish Bahl is a Cognizant Associate Vice President who leads the company’s Center for the Future of
Work in Asia-Pacific and the Middle East. A respected speaker and thinker, Manish has guided many
Fortune 500 companies into the future of their business with his thought-provoking research and
advisory skills. Within Cognizant’s Center for the Future of Work, he helps ensure that the unit’s original
research and analysis jibes with emerging business-technology trends and dynamics in Asia Pacific,
and collaborates with a wide range of leading thinkers to understand and predict how the future of work
will take shape. He most recently served as Vice President, Country Manager with Forrester Research
in India.
Manish can be reached at Manish.Bahl@cognizant.com
LinkedIn: linkedin.com/in/manishbahl
Twitter: @mbahl
Brian Williams
Chief Digital Officer, Life Sciences
Cognizant
Brian Williams is Chief Digital Officer within Cognizant’s Life Sciences Practice, responsible for
designing digitally enabled solutions to facilitate care access and delivery. He is also the Global
Life Sciences Consulting Leader, inspiring teams in North America, Europe and Asia that provide
management consulting services to leading biopharmaceutical and medical device companies.
Prior to joining Cognizant, Brian spent eight years with PwC/Strategy&, where he advised senior
executives of traditional biopharmaceutical and medical device companies on the transformations
occurring within healthcare. He also advised senior executives at non-traditional companies, such
as telecommunications, technology and consumer products companies, who sought to enter and
transform access to and adherence to care and care outcomes. He was the lead author or co-author of
numerous articles that defined the transformation of healthcare and its implications to the healthcare
industry. His articles and perspectives resulted in him being a frequent speaker at industry events in the
U.S., Europe and Asia.
Brian can be reached at Brians.Williams@cognizant.com.
LinkedIn: www.linkedin.com/in/brian-s-williams-6575375/
About the authors
22
The Work Ahead in Life Sciences: Cures at the Speed of Digital
The Work Ahead
1	 John Koetsier,“The Top 10 Health & Fitness Apps of 2020 Have One Thing In Common (Mostly),” Forbes, Oct. 5, 2020,
www.forbes.com/sites/johnkoetsier/2020/10/05/the-top-10-health--fitness-apps-of-2020-have-one-thing-in-
common-mostly/?sh=46150c3a6d60.
2	 “Trends In the Use of Telehealth During the Emergence of the COVID-19 Pandemic,” CDC, Oct. 30, 2020,
www.cdc.gov/mmwr/volumes/69/wr/mm6943a3.htm.
3	 Everlywell website: www.everlywell.com/.
4	 “Policies and Technology for Interoperability and Burden Reduction,” Centers for Medicare and Medicaid Services,
www.cms.gov/Regulations-and-Guidance/Guidance/Interoperability/index.
5	 Chronomics website: www.chronomics.com/.
6	 Manish Bahl,“Algorithms Over Brands: How to Reach Today’s and Tomorrow’s AI-Augmented Customer,” Cognizant,
August 2019, www.cognizant.com/whitepapers/algorithms-over-brands-how-to-reach-todays-and-tomorrows-ai-
augmented-customer-codex4831.pdf.
7	 Brian Williams,“Value-Based Care in Life Sciences: What’s It Worth to You?” Digitally Cognizant, Feb. 24, 2020,
https://digitally.cognizant.com/value-based-care-in-life-sciences-whats-it-worth-to-you-third-of-a-multipart-
series-codex5396/
8	 BioRxiv website: www.biorxiv.org/.
9	 The COVID Tracking Project website: https://covidtracking.com/.
10	 Insilico Medicine website: https://insilico.com/
11	 Jeremy Kahn,“Startup Uses AI to Identify Molecules that Could Fight Coronavirus,” Fortune, Feb. 6, 2020,
https://fortune.com/2020/02/06/ai-identifies-possible-coronavirus-treatment/.
12	 Brian Williams,“AI in Life Sciences: Faster Cures for Viral Disease,” Digitally Cognizant, April 3, 2020,
https://digitally.cognizant.com/ai-in-life-sciences-faster-cures-for-viral-disease-codex5495/.
13	 BlueDot website: https://bluedot.global/
14	 Eric Miller,“An AI Epidemiologist Sent the First Warnings of the Wuhan Virus,” Wired,Jan. 25, 2020,
www.wired.com/story/ai-epidemiologist-wuhan-public-health-warnings/.
15	 “AlphaFold: Improved Protein Structure Prediction Using Potential from Deep Learning,” DeepMind,Jan. 15, 2020,
https://deepmind.com/research/publications/AlphaFold-Improved-protein-structure-prediction-using-
potentials-from-deep-learning
16	 AiCure website: https://aicure.com/
17	 KenSci website: www.kensci.com/
18	 GE Healthcare website: www.gehealthcare.com/products/onwatch
19	 Bioserenity website: www.bioserenity.com/en/
20	 Organovo website: https://organovo.com/
21	 Manish Bahl,“Relearning How We Learn, from the Campus to the Workplace,” Cognizant, March 2020, www.cognizant.
com/whitepapers/relearning-how-we-learn-from-the-campus-to-the-workplace-codex3921.pdf.
22	 “Johnson & Johnson Consumer Health Commits $800 Million through 2030 to Makes Its Products More Sustainable
for a Healthier Planet,”Johnson & Johnson, Sept. 8, 2020, www.jnj.com/latest-news/johnson-johnson-commits-800-
million-to-making-more-sustainable-products.
23	 Health Bank website: www.healthbank.coop/
24	 Hannah Kuchler,“Pharma Groups Combine to Promote Drug Discovery with AI,” Financial Times,June 4, 2019,
www.ft.com/content/ef7be832-86d0-11e9-a028-86cea8523dc2.
Endnotes
23
The Work Ahead in Life Sciences: Cures at the Speed of Digital
© Copyright 2021, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical,
photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned
herein are the property of their respective owners.
Codex 6489
About Cognizant
Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating and technology
models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses.
Headquartered in the U.S., Cognizant is ranked 194 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn
how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.
World Headquarters
300 Frank W. Burr Blvd., Suite 600
Teaneck, NJ 07666 USA
Phone: +1 201 801 0233
Fax: +1 201 801 0243
Toll Free: +1 888 937 3277
European Headquarters
1 Kingdom Street
Paddington Central
London W2 6BD England
Phone: +44 (0) 20 7297 7600
Fax: +44 (0) 20 7121 0102
India Operations Headquarters
#5/535 Old Mahabalipuram Road
Okkiyam Pettai, Thoraipakkam
Chennai, 600 096 India
Phone: +91 (0) 44 4209 6000
Fax: +91 (0) 44 4209 6060
APAC Headquarters
1 Changi Business Park Crescent,
Plaza 8@CBP # 07-04/05/06,
Tower A, Singapore 486025
Phone: + 65 6812 4051
Fax: + 65 6324 4051
About the Center for the Future of Work
Cognizant’s Center for the Future of Work™ is chartered to examine how work is changing, and will change, in response to the emergence of new
technologies, new business practices and new workers. The Center provides original research and analysis of work trends and dynamics, and collaborates
with a wide range of business, technology and academic thinkers about what the future of work will look like as technology changes so many aspects of
our working lives. For more information, visit Cognizant.com/futureofwork, or contact Ben Pring, Cognizant VP and Director of the Center for the Future
of Work, at Benjamin.Pring@cognizant.com.
See the full Work Ahead study series: www.cognizant.com/theworkahead

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The Work Ahead in Life Sciences: Cures at the Speed of Digital

  • 1. Life sciences businesses have accelerated their digital-first journey to survive and thrive in a world where time-to-everything matters more than any other strategic imperative, according to our study. Digital ways of working and doing business forged and hammered in the COVID-19 crucible will not be scrapped. The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 2. The Work Ahead Executive Summary The pandemic intensified the life sciences industry’s urgency to change, with digital technologies shooting from a strategic priority to an operational imperative. 2 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 3. The Work Ahead The life sciences industry has traditionally been slow to adopt digital technologies, primarily due to regulations that have encouraged a conservative approach to innovation. COVID-19, however, brought explosive – and urgent – change that will ultimately transform the industry’s future. From vaccine testing and production to care access and delivery, every facet of the industry had to adapt at speed and scale. New ways of working (remotely), new ways of doing business (all online) and new ways of creating value (safe customers and employees) made life sciences companies realize just what digital had to offer. In the post-COVID-19 era,“digital” will mean more than just applying technology to business processes; it will mean reinventing the business by connecting data, knowledge, people and insights, turning traditional life sciences into a proactive industry. To understand how companies are preparing to survive and thrive in this changing world, Cognizant’s Center for the Future of Work surveyed 4,000 business leaders from around the world, including 285 executives at leading life sciences companies (see methodology, page 21). Our research reveals that Internet of Things (IoT), artificial intelligence (AI), automation and data analytics will be at the core of the life sciences industry’s transformation, enabling intelligent decisions, unlocking innovation opportunities and building long-term operational resilience. Life sciences companies that thrive in the future will empower health consumers with insights, give them greater control over their well-being and, ultimately, build lasting trust. They will turn “life sciences” into “life care” by extending value beyond therapy administration and intervention to a more holistic approach to wellness. For example, more attention to nutrition and exercise may diminish the need for insulin treatments or knee replacement surgery. Digital technologies, along with the proliferation and standardization of data to power analytics, will enable new clinically and commercially driven value propositions. 3 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 4. The Work Ahead To capture these opportunities, life sciences companies will need to develop new communities and partnerships across the industry value chain. As organizations prepare for this shift,this report offers a comprehensive, indispensable guide to becoming a life-care business. Our key insights include: 1 COVID-19 set a new digital agenda for life sciences. The pandemic intensified the industry’s urgency to change, with digital technologies shooting from a strategic priority to an operational imperative. More than half (53%) of life sciences respondents said even more change was ahead when it comes to digital ways of working and doing business. 2 Digital is the direction for future growth. On average, respondents expect to generate 8% of their revenue from digital channels by 2023, which is double that of today (4%), highlighting the need to overhaul business and operating models to support the digitally-enabled care access and delivery models accelerated by COVID. The emergence of digital therapeutics and co- prescribed apps are just one example of how digital is redefining clinical and commercial value. 3 IoT, AI, automation and analytics are central to augmenting processes. The top technologies being used to augment business processes are sensors/IoT (80%), data analytics (73%), AI (68%) and process automation (47%). The commercialization of cell and gene therapies exemplify how these technologies are integrated to drive clinical and commercial value. 4 Augmented processes will drive significant business benefits. Improvements in operational efficiency (31%), decision-making (25%), innovation (25%) and operational effectiveness (24%) are the top four business outcomes respondents expect to achieve with augmented processes. For example, medical device manufacturers are deploying augmented tools and processes to improve field service on capital equipment and to enhance surgical training for surgeons and staff. 5 Power lies in data, not devices. The top three tasks that will be performed by machines in the next three years will be execution of complex decisions based on real-time information (23%), sifting large data sets to filter and identify errors or actionable items (22%) and process improvement (22%). Empowering patients with data insights to proactively manage wellness and pre-empt potential ill health will become the new normal. 6 Machines alone aren’t the answer. Human- machine collaboration is key. Decision making, innovation and learning will become the top three most essential skills in 2023. These skills are best performed by humans – not in isolation, though, but supported by the insights generated by AI and data analytics and by the efficiencies of intelligent automation. Clinical decision support tools may provide consistently high levels of diagnostic accuracy when compared with a weary clinician, but combining data processing power with a clinician’s awareness of the social determinants that impact a patient’s health would lead to treatment decisions that result in better health outcomes. 4 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 5. The Work Ahead COVID-19: a turning point for life sciences In about 12 months, the life sciences industry accomplished what has historically taken years, enabled by decades of supporting research, novel uses of AI for target identification and a collaborative regulatory and funding environment. Life sciences, we now know beyond a doubt, is far more agile than anyone could have imagined. 5 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 6. 2020 2023 25% 43% 40% 13% 51% 23% Behind or far behind most competitors On par with most competitors Ahead or far ahead of most competitors The Work Ahead Life sciences companies have been relentlessly busy ever since the pandemic broke. The skyrocketing demand for diagnostic kits, medical equipment and life-sustaining drugs, coupled with the race to discover, test, manufacture and distribute novel vaccines, has monumentally changed how life sciences companies operate. The COO of a U.S.-based life sciences company involved in clinical development told us his company’s sales increased 12% globally during the first half of 2020. In all, 72% of respondents said the coronavirus had a positive to very positive impact on their business performance. COVID-19 acted as a catalyst: The industry had to develop the most efficient solutions, systems and processes to help clinical researchers discover safe, effective treatments and to effectively manufacture and deliver those treatments. Life sciences companies had to transform their operating models almost overnight by moving every aspect of their business online, including engaging with clinicians and patients. Scientists raced to understand the disease; researchers enabled by AI sought treatments; device manufacturers collaborated with both scientists and researchers to develop tests first in the lab and then at the point of care; and in some cases, partnerships were rapidly established to expand manufacturing capacity for necessary COVID-19 equipment. Health authorities and the life sciences industry had to work at unprecedented speed. They collaborated across corporate and country boundaries to accelerate drug development, regulatory filings and vaccine approvals. In about 12 months, the life sciences industry accomplished what has historically taken years, enabled by decades of supporting research, novel uses of AI for target identification and a collaborative regulatory and funding environment. Life sciences, we now know beyond a doubt, is far more agile than anyone could have imagined. Embracing a digital-first future Currently, just 25% of life sciences companies in our study feel they’re ahead of their competitors in applying digital technologies to transform business strategies, processes and services (see Figure 1). Fast-forward to 2023, however, and 43% predict they’ll be ahead of the competition. Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 1 A digital injection ahead Respondents were asked how their organization compares with others in applying digital technologies to transform business strategies, processes and services, now and in three years. (Percent of respondents) 6 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 7. The Work Ahead Clearly, life sciences organizations have no intention of abandoning the digital ways of working and behaving (remote research,“virtual” clinical trials, virtual consultations, among others) that they devised and implemented in response to the COVID-19 pandemic. In fact, 53% of life sciences respondents (compared with the global average of 50%) said the pandemic would further accelerate digital ways of working and doing business. The president of a clinical research company in Ireland said,“We are evolving to improve how we do a whole host of activities across the company – from drug discovery and patient identification, to optimized interactions with physicians using digital technologies.” While life science companies currently generate just 4% of their revenue from digital channels, on average, they predict that to double (8%) by 2023 (see Figure 2). The increase in digital revenue will be driven by the explosion of diagnostic data flowing into and around processes, resulting in better workflows across R&D, manufacturing and supply chain processes, as well as successive waves of innovative services targeted at patients. Although the industry continues to lag behind others in generating revenue from digital channels, due to regulatory constraints and clinician and patient adoption, the pandemic demonstrated both the need and capacity for change. Digital technologies rapidly advanced from a strategic priority to an operational imperative. To meet these ambitious revenue targets, life sciences companies must be prepared to serve the customer of the future (see Quick Take, next page). Clinician and consumer usage of digital engagement platforms exploded as a result of the pandemic, as did consumer use of pharmacy apps, fitness wearables and health sensors. With gyms closed, health and fitness apps usage skyrocketed,1 and telehealth, in a matter of days, became a lifeline for patients and providers. One healthcare provider recorded a 154% year-on-year increase in telehealth visits during the last week of March 2020 alone.2 Do-it-yourself telehealth evaluations like Everlywell’s at- home tests, which advise consumers on how to live healthier lives, became the new normal.3 Process advancements in telemedicine and interoperable EMR/EHRs that travel with the patient (rather than sitting in disconnected health provider and insurance carrier silos) will help make consumers more empowered with their healthcare. The new data interoperability standard from the Centers for Medicare and Medicaid Services is another step toward democratizing data for health and healthcare.4 Decentralized, digital or “virtual”clinical trials will allow patients to more easily participate in clinical studies from their homes, integrating legacy digital enablement tools such as e-consent with more robust telemedicine tools and wearables that are clinical-grade. Response base: 4,000 (all respondents); 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 2 Digital means money Respondents were asked what percent of their company revenues come from digital channels, now and in three years. (Percent of revenue from digital channels) 2020 2023 4% 8% 13% 9% Life sciences respondents All respondents 7 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 8. Quick Take Understanding the customer of the future Meet Tanya, an average middle-aged working woman. Tanya steps into her car after leaving her doctor’s office and breathes a sigh of relief. When the doctor called last week to schedule some tests, she was worried. Although she was following her personalized health plan, data from her smartwatch and home scanners detected the earliest signs of liver disease. Because these disease indicators were captured and assessed in real time, rather than at an annual checkup, Tanya and her care team can effectively manage and treat the disease. Now, Tanya’s home scanners will regularly monitor specific biometric indicators, and send her personalized dietary, exercise and sleep instructions. Should these behavioral guided interventions be insufficient in delaying or eliminating the onset of the disease, therapeutic treatments can be designed based on her genome and microbiome. If needed, her voice- based personal assistant can remind her of her treatment instructions and regime, along with useful tips. Tanya feels confident because she’s in control of her health and her healthcare. She is emblematic of the new health consumer, who is empowered by technology and the wealth of health information at their fingertips. Companies like Chronomics, a UK-based startup, give consumers ownership of their health data and inform and anticipate their medical and lifestyle choices, transitioning the industry from blanket therapies to personalized medicines.5 By 2025, consumers will take their well-being and healthcare into their own hands. Healthcare and life sciences organizations will need to find their place in the digital ecosystems consumers have created to manage their health. Patients will be better informed, more health-conscious and have more intuitive and engaging tools to maintain their health than at any other time in the past. (Read more about the customer of the future in our report “Algorithms Over Brands: How to Reach Today’s and Tomorrow’s AI- Augmented Customer.”6 ) As value-based reimbursement models proliferate, healthcare and life science companies will evolve their business relationship to one where clinical, financial and operating risks are shared.7 As AI-augmented customers shape the future of healthcare, life sciences companies must assess which roles they undertake when assisting healthcare professionals and patients in a distributed care delivery market in which in-home, in-store and virtual consults complement traditional in-office doctor visits. In an interconnected care ecosystem, life sciences companies need to assess where and how they lead and collaborate with other industry participants. The Work Ahead 8 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 9. The Work Ahead A ‘mesh of machines’ will augment processes While life sciences companies have only started leveraging digital technologies to augment their business processes, significant progress is expected within the next three years. Clinical research (54%), clinical development (44%) and R&D innovation (33%) are the top three processes slated for augmentation by 2023. 9 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 10. The Work Ahead Life sciences business models and supporting processes were formed long before digital technologies appeared on the scene. While these were designed to maintain regulatory compliance in a non-digital business environment, consumers, regulators and life sciences companies are now searching for ways to improve the development and delivery of safe and effective therapies in a digital-first global business environment. The development and approval of multiple effective COVID-19 therapies demonstrated that therapeutic discovery processes could happen at a surprising speed when predicate research is conclusive. The question is, which of the processes and tools could be replicated post-COVID to deliver value? While life sciences companies have only started leveraging digital technologies to augment their business processes, significant progress is expected within the next three years (see Figure 3). Clinical research (54%), clinical development (44%) and R&D innovation (33%) are the top three processes slated for augmentation in the future. Digital access to pre-publication scientific research, as exemplified by bioRxiv, is an example of how knowledge can be disseminated more quickly.8 Ubiquitous digital platforms and tools enable researchers and consumers to gather data into usable formats; an example is the “COVID tracking project,” which could contribute to scientific advancement and clinical discoveries.9 Predictive analytics could also improve viral detection and therapeutic applications. Insilico Medicine is one example where analytics are being applied to accelerate the identification of potential treatments.10 It took Insilico’s predictive system just four days to identify thousands of new molecules that could be turned into potential medicinal therapies to combat the virus.11 Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 3 A surge in process augmentation Respondents were asked to describe their progress made in implementing emerging technologies to augment workforce performance in several business processes, now and in three years. (Percent of respondents rating their progress as “widespread augmentation” and “implementing projects/good augmentation”) Expected progress in three years Progress today Clinical research Clinical development, including trials R&D innovation Information services and technology New product and service development Production and operations management Supply chain and partner management Sales, marketing and customer service Strategic planning and implementation Financial management, accounting, budgeting, analysis, and reporting 11% 54% 7% 44% 12% 33% 4% 7% 20% 4% 2% 15% 15% 4% 20% 10% 20% 3% 22% 15% 10 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 11. The Work Ahead We also asked respondents which technologies they’ve put to greatest use when augmenting their processes. IoT is seeing the most attention, with 80% of respondents implementing it to some degree (see Figure 4). Life sciences companies are looking to IoT to reduce costs, improve health outcomes and keep workers safe. They’re leveraging IoT with a dual agenda: to bring greater efficiency to manufacturing and the supply chain, while also looking for ways to better connect with consumers. With sensors, devices and wearables, it’s now possible to collect and analyze all manner of information within and outside of clinical settings, enabling automatic and hassle-free monitoring. IoT is also helping companies improve visibility and connectivity across the supply chain, a requirement for cell and gene therapies and beneficial for biopharma and medical device companies in improving control of product inventories, reducing loss and waste. While few respondents have run 5G pilots, the mesh of machines created by IoT and 5G will serve as a foundation for new levels of functionality and possibility. The 3 As of digital-first business: AI, automation and analytics Respondents have also made progress in implementing AI and analytics. A majority of respondents (73%) are expecting analytics to create value from data. With real-time insights and decision-making, companies can filter out production and supply chain inefficiencies, and remove human intervention in repetitive tasks, delivering new performance thresholds. A total of 68% of respondents are in some stage of pilot or implementation with AI. AI use cases range from drug discovery and patient identification, to optimized physician interactions. Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 4 Leading technologies are IoT, AI, analytics, automation Respondents were asked about the process they’d made in implementing a variety of technologies to augment business processes. (Percent of respondents) Sensors/ Internet of Things Data analytics AI Process automation Blockchain Robots AR/VR Chatbots Auto- nomous or self-driving vehicles, drones, telematics 3D printing 5G infra- structure & applications 28% 38% 14% 5% 31% 37% 7% 32% 29% 5% 14% 28% 29% 9% 25% 5% 7% 3% 25% 7% 8% 27% 3% 2% 14% Some pilots underway Some implemented projects Widespread implementation 11 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 12. The Work Ahead Life sciences companies are using AI to boost the accuracy of risk predictions, make patient care more intuitive, determine the most effective treatment for individual patients, and support compliance via real-time insights. Zenith Technologies, a Cognizant company, is applying machine learning across biopharmaceutical and medical device manufacturing operations to improve productivity and time to market.12 According to the COO of a clinical development company, “We have developed several machine-learning algorithms and devices with the potential to predict the risk of certain serious diseases before they strike.” The fight against the virus reaffirmed the importance of machine learning and other AI technologies in speeding discovery of treatments and cures for all disease types. Deep- learning algorithms helped make sense of the gargantuan datasets for protein identification that were beyond the comprehension of data scientists. The first system to warn of the outbreak was the deep-learning- driven BlueDot.13 The intelligent system sent an email to its clients warning of the virus a week before the World Health Organization alerted the general public.14 AlphaFold, a deep- learning system, is working to predict the interactions of protein structures with chemical compounds to facilitate new drugs or recommend current medicines.15 The increasingly sophisticated technologies of AI, machine learning and deep learning will alter how drug discoveries are made and may allow us to respond more quickly to future pandemics. Process automation is also no longer optional, with 47% of respondents at some phase of pilot or implementation. A senior executive at a leading life sciences company told us,“We have accelerated the automation in our production units to minimize the human presence and maintain employee safety.” Clinical data science, compliance management, regulatory compliance, customer interaction, invoice processing, narrative writing and customer setup are usually the most addressable processes for massive cost savings. AiCure, for example, is an intelligent automation solution for clinical data science that is readily available for deployment.16 The combined use of data analytics, automation and cognitive techniques will transform clinical development by enabling decentralized clinical trials, and change how research organizations engage with patients and drive process efficiencies. For instance, a machine-learning algorithm behind a company’s mobile app could allow patients in a clinical trial to integrate their health history, recognize variations and receive informed alerts when something is amiss. The CIO of a drug manufacturing company in India commented,“We’ve started making use of a combination of AI, automation, analytics and connected wearables for the clinical trial and clinical research for protocol development.” The “3As” (automation, analytics and AI) are emerging as a sophisticated and complex set of tools that need to be deeply embedded in processes for the future of work to happen. Process automation is also no longer optional,with 47% of respondents at some phase of pilot or implementation. 47% 12 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 13. The Work Ahead The new rule of work: human + machine The top-valued workforce skills will increasingly tilt toward human capabilities that validate the need for human-machine collaboration: innovation, decision- making, leadership and learning. 13 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 14. The Work Ahead Our life sciences respondents believe intelligent machines will take on more data-oriented tasks and complex decision-making between now and 2023, from about 15% of this work today to 23% in three years (see Figure 5). Smarter decisions can be made by linking an expanding set of data sources, such as wearables, sensors, devices, social media tools and electronic health records, via a digital platform and then applying AI tools. For instance, AI platform KenSci incorporates big data and AI to forecast clinical, financial and organizational risk by taking data from current sources to predict everything from who might get sick, to the drivers of increased healthcare costs.17 Sensors, smart processes and smart drugs will impact how life sciences companies collaborate to create value. Using digital tools and approaches, clinicians and data scientists can already orchestrate tasks, merge and analyze data sets from drug trials and direct observations from other physicians, electronic medical records, online patient networks or genomics research. New, simpler data visualization tools will help ensure that doctors and scientists can visualize and interpret data without technical assistance. Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 5 Machines in action: from the routine to the complex Respondents were asked the extent that machines will perform work vs. employees for a variety of processes. (Percent of work done by machines) Today 2023 Execution of complex decisions, (e.g., based on real-time information & multiple inputs) Sifting large data sets to filter and identify errors or actionable items Feedback, assessment, process improvement Evaluation of options/ recommendations to make decisions 16% 24% 22% 16% 22% 15% 22% 23% 18% 21% 15% 21% 15% 21% 14% 21% Collection, curation & management of data Physical actions to implement decisions Mining and analysis of data to diagnose problems, make predictions, recommendations Execution of routine, rules-based decisions based on data inputs 14 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 15. The Work Ahead Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 6 Innovation, decision-making and efficiency are top expected outcomes of augmented processes Respondents were asked what progress they expect in a variety of outcomes as a result of process augmentation, now and in 2023. (Mean percent increase) Data generated by processes that stretch across drug development, manufacturing, supply chain and patient aftercare can be collected, stored, sifted and mined for insights.18 For many companies, this calls for strengthening master data management architectures and strategies. Companies should consider establishing a data supply chain across the business for optimum machine-delivered insights. From efficiencies to more strategic outcomes When it comes to the benefits realized by augmenting processes with technology, most respondents appear to have focused on achieving operational efficiencies (see Figure 6). However, increases in analytics and data should deliver even greater benefits in manufacturing resilience and supply chain flexibility. More strategic outcomes, like better decision-making and innovation, are on the three-year horizon. In fact, life sciences respondents expect greater improvements in innovation through process augmentation than the cross-industry average (25% vs. 10%). Once the hard work of instrumenting, automating, tracking and analyzing the business’s core operations is completed, the application of machine learning will consistently deliver innovation opportunities. In a world of cloud services, open APIs, platforms and crowdsourcing, every organization has access to readily affordable tools with which to build the future of their work. By 2023 Today Operational efficiency Decision- making Innovation Operational effectiveness Employee experience Sales Brand reputation Customer experience Organizational agility Risk management, security & regulatory compliance Sustainability 18% 31% 14% 25% 6% 25% 6% 4% 2% 16% 3% 3% 14% 12% 1% 10% 1% 18% 16% 5% 24% 16% 15 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 16. The Work Ahead Redefining skillsets to thrive in a machine-oriented world Study respondents are developing a more realistic view of humans’ role in the age of AI. As Figure 7 shows, the top-valued workforce skills will increasingly tilt toward human capabilities that validate the need for human-machine collaboration: innovation, decision-making, leadership and learning. Decision-making and strategic-thinking skills are best performed when workers are supported by the insights generated by AI and data analytics, and freed from performing rote and repetitive work by intelligent automation. The human role will increasingly focus on what gets done with data-driven insights, requiring a renewed focus on decision-making, leadership and strategic thinking. Augmented by technology, the healthcare workforce will combine people and machines at every touchpoint. From discovery to delivery and customer experience, the workforce will embrace change, adopt new skills, collaborate and align around a common purpose: the patient. Innovation as a skill is in strong demand and projected to have sustained high demand over the next three years. With increasing cost pressures and competition, life sciences companies will need to innovate their business model to find new growth opportunities, with the support of digital technologies. For example: ❙ Product innovation: AI platforms can help monitor a fleet of manufacturing machines, enabling fast recognition of which components fail prematurely and why. Bioserenity is using smart clothing, IoT and AI to co-create solutions that diagnose, monitor and test those suffering from epilepsy.19 Response base: 285 senior life sciences executives Source: Cognizant Center for the Future of Work Figure 7 Needed skills will require human-machine collaboration Respondents were asked which skills were more important today than previously and which would become more important by 2023. Innovation (56%) Leadership (38%) Decision-making (37%) Analytical (34%) Strategic thinking (33%) Selling (27%) Interpersonal (26%) Communication (23%) Customer care (20%) Fabrication (18%) (57%) Learning (56%) Innovation (55%) Decision-making (55%) Strategic thinking (55%) Leadership (50%) Selling (49%) Analytical (45%) Communication (39%) Interpersonal (38%) Customer care IMPORTANCE By 2023 Today 1 2 3 4 5 6 7 8 9 10 16 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 17. The Work Ahead ❙ Process innovation: AI will monitor an instrumented workflow and quickly recognize existing bottlenecks and recommend new approaches. Organovo’s 3D-printed tissues mimic key aspects of human biology and disease to accelerate the drug discovery process.20 ❙ Customer-led innovation: A team can gain real-time and continuous insight on how products are (or aren’t) being used and where areas for improvement (both incremental and exponential) exist. Learning as a skill is also expected to become extremely important in the future, shooting up to first in the rankings by 2023 from below tenth place today. This is not surprising as the augmentation of the workforce in life sciences is still in its early stages. Companies have not reached the point where researchers, salespeople and other industry participants have an awareness of AI and other data analytics resources. The CFO of a pharma company in the U.S. said,“We initiated a pilot by getting around 3,000 sales employees to start engaging with AI for their work. The AI virtual assistant did all the time- consuming work like fetching information, synchronizing and visualization of data, and our employees could focus on the more human nature of the job like engagements and conversations.” Preparing the current and future workforce with relevant skills requires a reboot of traditional, decades-old training, learning models and approaches. To establish new learning models, businesses need to engage in more flexible partnerships, accelerate their response time, provide more proactive modes of delivery and offer new combined-skill programs. (For more on this topic, see our report “Relearning How We Learn, from the Campus to the Workplace.”21 ) 17 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 18. The Work Ahead A prescription for the post-COVID-19 world COVID-19 accelerated the shift not only in where and how we access care, but also in the nature of healthcare and life sciences itself: from a reactive system, in which people seek medical help when they get sick, toward a predictive and preventative healthcare network. 18 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 19. The Work Ahead Life sciences organizations can take several steps to ensure they gain or sustain the momentum needed to move from simply understanding that “something big is happening,” to capitalizing on the massive shift in expectations that comes with digital’s inexorable proliferation. To meet their ambitious plans to get ahead of the competition, life sciences companies will have to prioritize digital-first investments, reimagine health consumer relationships and restructure teams. Here are some prescriptions for these organizations to follow: ❙ Inject “wellness” at the core of your brand. People are living longer and have greater access to data that gives them more control over their health and well-being. Consumer adoption of wearables and wellness/fitness apps demonstrates a growing desire to proactively self- manage and improve their own health, potentially reducing healthcare costs. Progressive companies are already moving ahead.Johnson & Johnson Consumer Health is investing $800 million over the next 10 years to improve the health of both people and the planet.22 ❙ Become a data-driven business. How life sciences companies access, understand and interpret data will determine their ability to shape life-care delivery. By harnessing data, life sciences companies can gain real- time, actionable insight and make fast, accurate predictions to anticipate patients’ needs and discover treatments. Health Bank empowers people to exchange their health data on a neutral and independent platform, with the goal of driving innovation in health sciences, from prevention to cure.23 Companies need to make transparency core to their data strategy by clearly defining the health data they will collect from consumers, what they will do with it, and what consumers will get in return. Mastering this give-to-get equation is critical to earn – and keep – consumer trust. ❙ Prioritize a focus on innovation. Establish a top-down strategic commitment supported by an innovation-focused governance model, process and metrics to explore data science, algorithms and AI across business operations. The focus should include R&D investments, innovation programs and development across the organization. Begin dismantling business and data silos to align IT, data science and business domain subject matter experts. Establish a data supply chain, combining clinical data and consumer-generated data from wellness apps/devices and social media. Enable access to company-owned data to drive better research and clinical trial results and effective understanding of patient populations. ❙ Rethink organizational and team structures. As AI and automation take over more repetitive tasks, work demand will change team structures. Rather than larger hierarchical team structures, smaller teams will emerge that allow more fluidity and flexibility across roles and functions. A UK-based business’s chief strategy officer said,“We are striving to develop cross-functional experts. This means that someone who is working in clinical trials can also be moved to the procurement team. Cross-functional roles will help us retain knowledge internally and enhance our strategies around planning, forecasting, supplier performance management, master data maintenance and real-time reporting indirectly.” Build teams that blend science, technology and customer experience skills to humanize your products and services. ❙ Double-down on collaboration (and not competition). Since coming together to fight the virus, more life sciences companies now recognize that sharing data (where they can) and co-investing in market development can catalyze a much- needed makeover of their business models. Expect to see more such collaboration as life sciences companies unlock opportunities from data and create new ways forward in the healthcare/patient care ecosystem.Ten large pharmaceuticals companies, including Johnson & Johnson,AstraZeneca and GSK, embarked on the first collaboration to train their drug- discovery, machine-learning algorithms on each other’s data.24 A collaborative approach will allow companies to share costs and find solutions faster, radically changing the economics of life sciences. In addition, partnerships between industry and academia, as well as patient advocacy groups, can bring deep insights into health and healthcare, accelerating industry development in rare and orphan diseases. To meet their ambitious plans to get ahead of the competition, life sciences companies will have to prioritize digital-first investments, reimagine health consumer relationships and restructure teams. 19 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 20. The Work Ahead The making of a life-care brand We will never obliterate disease from society. COVID-19 accelerated the shift not only in where and how we access care, but also in the nature of healthcare and life sciences itself: from a reactive system, in which people seek medical help when they get sick, toward a predictive and preventative healthcare network. The transition is being enabled by algorithms that support early diagnosis and provide treatment recommendations, extending the capacity of physicians and the capability of healthcare workers. With an aging worldwide population and the increase in chronic disease, predictive and preventative care can deliver on the health and healthcare promise of better outcomes at lower cost. In addition, novel technologies such as gene-editing will allow us to address more types of disease, supporting a change in focus from cure to care. The life sciences industry doesn’t need to wait for the next pandemic before building a more resilient, continuous, consumer-centered system of care. 2021 marked the beginning of a life-care brand: a brand that genuinely cares about consumers’ health and well-being through digital tools, systems and approaches. Life sciences companies that transform their operating model from “treating a patient” to focusing on the well-being of customers will succeed. The biggest challenge will be using technology to humanize healthcare rather than treating patients like machines that need to be monitored and checked. The overriding message from our study is that now is the time to bring real change by moving from volume-driven to care-driven businesses. Life sciences companies that prove to be authentic change-makers will put humans before profits and, in due process, earn consumer trust. 20 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 21. The Work Ahead Cognizant commissioned Oxford Economics to design and conduct a study of 4,000 C-suite and senior executives, including 285 in the life sciences industry. The survey was conducted between June 2020 and August 2020 via computer- assisted telephone interviewing (CATI). Approximately one-third of the questions were identical to those included in the 2016 Work Ahead study, allowing us to compare responses and track shifting attitudes toward technology and the future of work. Respondents were from the U.S., Canada, UK, Ireland, France, Germany, Switzerland, Benelux (Belgium, Luxemburg, Netherlands), Nordics (Denmark, Finland, Norway, Sweden), Singapore, Australia, Malaysia,Japan, China, Hong Kong, India, Saudi Arabia and UAE. They represent 14 industries, evenly distributed across banking, consumer goods, education, healthcare (including both payers and providers), information services, insurance, life sciences, manufacturing, media and entertainment, oil and gas, retail, transportation and logistics, travel and hospitality, and utilities. All respondents come from organizations with over $250 million in revenue; one-third are from organizations with between $250 million and $499 million in revenue, one-third from organizations with between $500 million and $999 million in revenue, and one-third with $1 billion or more in revenue. In addition to the quantitative survey, Oxford Economics conducted 30 in-depth interviews with executives across the countries and industries surveyed. Interviewees who responded to the survey have a track record of using emerging technology to augment business processes. The conversations covered the major themes in this report, providing real-life case studies on the challenges faced by businesses and the actions they are taking, at a time when the coronavirus pandemic was spreading around the world and companies were formulating their strategic responses. The resulting insights offer a variety of perspectives on the changing future of work. Methodology 21 The Work Ahead in Life Sciences: Cures at the Speed of Digital 33% U.S. Germany 6% Switzerland 1% 1% Ireland France 6% UK 5% Japan 4% India 4% China 4% Australia 3% Singapore 3% Hong Kong 3% Saudi Arabia 3% 8% Benelux (Belgium, Luxemburg, Netherlands) Canada 3% 7% Nordics (Denmark, Finland, Norway, Sweden) UAE 3% Malaysia 3% Respondents by geography Respondents by role 13% Vice President 13% Chief Operating Officer 13% Director reporting to senior executive 13% Senior Vice President 12% President 12% Chief Executive Officer 12% Chief Financial Officer 12% Other C-suite Officer (Percentages may not equal 100% due to rounding)
  • 22. The Work Ahead Manish Bahl Associate Vice President Center for the Future of Work, Asia Pacific and the Middle East Manish Bahl is a Cognizant Associate Vice President who leads the company’s Center for the Future of Work in Asia-Pacific and the Middle East. A respected speaker and thinker, Manish has guided many Fortune 500 companies into the future of their business with his thought-provoking research and advisory skills. Within Cognizant’s Center for the Future of Work, he helps ensure that the unit’s original research and analysis jibes with emerging business-technology trends and dynamics in Asia Pacific, and collaborates with a wide range of leading thinkers to understand and predict how the future of work will take shape. He most recently served as Vice President, Country Manager with Forrester Research in India. Manish can be reached at Manish.Bahl@cognizant.com LinkedIn: linkedin.com/in/manishbahl Twitter: @mbahl Brian Williams Chief Digital Officer, Life Sciences Cognizant Brian Williams is Chief Digital Officer within Cognizant’s Life Sciences Practice, responsible for designing digitally enabled solutions to facilitate care access and delivery. He is also the Global Life Sciences Consulting Leader, inspiring teams in North America, Europe and Asia that provide management consulting services to leading biopharmaceutical and medical device companies. Prior to joining Cognizant, Brian spent eight years with PwC/Strategy&, where he advised senior executives of traditional biopharmaceutical and medical device companies on the transformations occurring within healthcare. He also advised senior executives at non-traditional companies, such as telecommunications, technology and consumer products companies, who sought to enter and transform access to and adherence to care and care outcomes. He was the lead author or co-author of numerous articles that defined the transformation of healthcare and its implications to the healthcare industry. His articles and perspectives resulted in him being a frequent speaker at industry events in the U.S., Europe and Asia. Brian can be reached at Brians.Williams@cognizant.com. LinkedIn: www.linkedin.com/in/brian-s-williams-6575375/ About the authors 22 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 23. The Work Ahead 1 John Koetsier,“The Top 10 Health & Fitness Apps of 2020 Have One Thing In Common (Mostly),” Forbes, Oct. 5, 2020, www.forbes.com/sites/johnkoetsier/2020/10/05/the-top-10-health--fitness-apps-of-2020-have-one-thing-in- common-mostly/?sh=46150c3a6d60. 2 “Trends In the Use of Telehealth During the Emergence of the COVID-19 Pandemic,” CDC, Oct. 30, 2020, www.cdc.gov/mmwr/volumes/69/wr/mm6943a3.htm. 3 Everlywell website: www.everlywell.com/. 4 “Policies and Technology for Interoperability and Burden Reduction,” Centers for Medicare and Medicaid Services, www.cms.gov/Regulations-and-Guidance/Guidance/Interoperability/index. 5 Chronomics website: www.chronomics.com/. 6 Manish Bahl,“Algorithms Over Brands: How to Reach Today’s and Tomorrow’s AI-Augmented Customer,” Cognizant, August 2019, www.cognizant.com/whitepapers/algorithms-over-brands-how-to-reach-todays-and-tomorrows-ai- augmented-customer-codex4831.pdf. 7 Brian Williams,“Value-Based Care in Life Sciences: What’s It Worth to You?” Digitally Cognizant, Feb. 24, 2020, https://digitally.cognizant.com/value-based-care-in-life-sciences-whats-it-worth-to-you-third-of-a-multipart- series-codex5396/ 8 BioRxiv website: www.biorxiv.org/. 9 The COVID Tracking Project website: https://covidtracking.com/. 10 Insilico Medicine website: https://insilico.com/ 11 Jeremy Kahn,“Startup Uses AI to Identify Molecules that Could Fight Coronavirus,” Fortune, Feb. 6, 2020, https://fortune.com/2020/02/06/ai-identifies-possible-coronavirus-treatment/. 12 Brian Williams,“AI in Life Sciences: Faster Cures for Viral Disease,” Digitally Cognizant, April 3, 2020, https://digitally.cognizant.com/ai-in-life-sciences-faster-cures-for-viral-disease-codex5495/. 13 BlueDot website: https://bluedot.global/ 14 Eric Miller,“An AI Epidemiologist Sent the First Warnings of the Wuhan Virus,” Wired,Jan. 25, 2020, www.wired.com/story/ai-epidemiologist-wuhan-public-health-warnings/. 15 “AlphaFold: Improved Protein Structure Prediction Using Potential from Deep Learning,” DeepMind,Jan. 15, 2020, https://deepmind.com/research/publications/AlphaFold-Improved-protein-structure-prediction-using- potentials-from-deep-learning 16 AiCure website: https://aicure.com/ 17 KenSci website: www.kensci.com/ 18 GE Healthcare website: www.gehealthcare.com/products/onwatch 19 Bioserenity website: www.bioserenity.com/en/ 20 Organovo website: https://organovo.com/ 21 Manish Bahl,“Relearning How We Learn, from the Campus to the Workplace,” Cognizant, March 2020, www.cognizant. com/whitepapers/relearning-how-we-learn-from-the-campus-to-the-workplace-codex3921.pdf. 22 “Johnson & Johnson Consumer Health Commits $800 Million through 2030 to Makes Its Products More Sustainable for a Healthier Planet,”Johnson & Johnson, Sept. 8, 2020, www.jnj.com/latest-news/johnson-johnson-commits-800- million-to-making-more-sustainable-products. 23 Health Bank website: www.healthbank.coop/ 24 Hannah Kuchler,“Pharma Groups Combine to Promote Drug Discovery with AI,” Financial Times,June 4, 2019, www.ft.com/content/ef7be832-86d0-11e9-a028-86cea8523dc2. Endnotes 23 The Work Ahead in Life Sciences: Cures at the Speed of Digital
  • 24. © Copyright 2021, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners. Codex 6489 About Cognizant Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 194 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant. World Headquarters 300 Frank W. Burr Blvd., Suite 600 Teaneck, NJ 07666 USA Phone: +1 201 801 0233 Fax: +1 201 801 0243 Toll Free: +1 888 937 3277 European Headquarters 1 Kingdom Street Paddington Central London W2 6BD England Phone: +44 (0) 20 7297 7600 Fax: +44 (0) 20 7121 0102 India Operations Headquarters #5/535 Old Mahabalipuram Road Okkiyam Pettai, Thoraipakkam Chennai, 600 096 India Phone: +91 (0) 44 4209 6000 Fax: +91 (0) 44 4209 6060 APAC Headquarters 1 Changi Business Park Crescent, Plaza 8@CBP # 07-04/05/06, Tower A, Singapore 486025 Phone: + 65 6812 4051 Fax: + 65 6324 4051 About the Center for the Future of Work Cognizant’s Center for the Future of Work™ is chartered to examine how work is changing, and will change, in response to the emergence of new technologies, new business practices and new workers. The Center provides original research and analysis of work trends and dynamics, and collaborates with a wide range of business, technology and academic thinkers about what the future of work will look like as technology changes so many aspects of our working lives. For more information, visit Cognizant.com/futureofwork, or contact Ben Pring, Cognizant VP and Director of the Center for the Future of Work, at Benjamin.Pring@cognizant.com. See the full Work Ahead study series: www.cognizant.com/theworkahead