Navigation Links
BT Pushes for R&D Innovation at Bio-IT World Conference
Date:4/14/2011

BOSTON, April 14, 2011 /PRNewswire/ -- BT (NYSE: BT) shared its vision of the future of pharma R&D and the application of cloud computing strategies to pharma research at the Bio-IT World Conference & Expo held this week in Boston. This vision reflects BT's strong capabilities and increasing specialization around a number of industry sectors. Many of the world's leading pharmaceutical companies rely on BT to support their strategy in terms of globalization, operational effectiveness and innovation cycles.

In a keynote panel session, Yury Rozenman, Global Head of Marketing, Pharmaceutical and Life Sciences Sector, BT Global Services, described the pressures currently facing pharma R&D, as well as the opportunities to improve the R&D and innovation process by seamlessly connecting partners, suppliers, biotechs, devices and diagnostic, regulatory agencies and clinical research organizations in an R&D ecosystem.

Rozenman said: "An R&D innovation ecosystem is essentially a networked cooperative: the more participants, the greater value; the more contribution by individual participants, the less expense to use the ecosystem."

Rozenman noted that the benefits of embracing the R&D innovation ecosystem model include increased speed to trial, leading to savings of millions of dollars per drug, reduced costs via out-tasking, and more effective collaboration between industry players and partners, leading to improved research productivity. The differentiator is the ability to integrate not just data and applications but the human resources of the global R&D pharma community.

Leading a session on cloud computing at the same event, Neil Lock, IT Services Program Director, BT Global Services, examined the practical aspects of cloud computing as it relates to pharma R&D.

Lock said: "Much of the debate, hype and headlines about cloud computing focuses on technology rather than benefits.  And frankly, many are suffering from cloud fatigue.  Pharma organizations want to realize the benefits of cloud computing, but they first need to get beyond the fog of confusion surrounding cloud terminology, focus on deliverable business results and look at what they really have to do to make cloud solutions work for them."

Lock offered real-world examples of how migrating to cloud applications has led to greater flexibility, more reliable services, reduced financial risk, and lower costs.  Lock also discussed the evolution to "smart communities," which describes the way in which customers, software vendors and service providers need to work together and collaborate to deliver real value from IT Investments made.

Bas Burger, President, Global Commerce, BT Global Services said: "The vision we shared this week in Boston demonstrates how the R&D efforts of pharmaceutical companies can benefit from BT's industry focused assets in product portfolio, solution designs and infrastructure as well as from our sector-specific customer management and service teams. By focusing on the pharmaceutical sector's unique needs, and offering customers access to teams with decades of experience solving problems in their sector, BT is seen as a reliable partner. This is about specialist people, portfolio and intellectual property, embedded throughout our business. Our customers can leverage many of our market leading assets. We have been serving some of the world's biggest brands in this industry for many years, and have a track record of helping them thrive."

About BT

BT is one of the world's leading providers of communications solutions and services operating in more than 170 countries.  Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services.  BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2010, BT Group's revenue was 20,911 million pounds.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.  BT Group plc is listed on stock exchanges in London and New York.

For more information, visit www.bt.com/aboutbt


'/>"/>
SOURCE BT
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Chasing Zero Summit Pushes for Zero Tolerance Approach to Hospital-Acquired Infections
2. Delcath Systems, Inc. Appoints Dr. Krishna Kandarpa its Executive Vice President R&D and Chief Medical Officer
3. LOREAL and Hurel Corporation Announce R&D Collaboration to Develop a Non-Animal Alternative, Microfluidic Biochip
4. Micromet Highlights Clinical Plans and Regulatory Strategy for Lead Product Candidate Blinatumomab at its Annual R&D Day
5. R&D Investment by U.S. Biopharmaceutical Companies Remains Strong Despite Ongoing Economic Challenges
6. R&D Investment by U.S. Biopharmaceutical Companies Increases to Record $65.3 Billion, Study Finds
7. Kendle Director of Global Safety and Pharmacovigilance, Drew Kilpatrick, PhD, Named One of Ten Notable People in R&D
8. Gelesis Unveils Novel Non-Invasive Capsulated Device for Obesity and Presents Clinical Data; Appoints Former Pfizer R&D President to Board
9. NeoStem, Inc. Officially Launches Adult Stem Cell Collection Center and R&D Laboratory in Cambridge, Massachusetts
10. Global Pharmaceutical R&D Productivity Declining According to Thomson Reuters, CMR International
11. Pfizer Inc and GoIndustry DoveBid Partner to Auction Surplus Equipment from R&D Facilities Across the United States
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/20/2017)... 2017 Research and Markets has announced ... Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive ... offering. ... market was valued at US$ 7,167.6 Mn in 2015, and ... at a CAGR of 5.6% from 2016 to 2024. ...
(Date:4/19/2017)... - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) (the "Company"), announces that ... Conference 2017 at the Sheraton Hotel in Toronto, Ontario ... of the Company is scheduled to present on Tuesday, May 2 ... the Chairman of the Board, Tony Holler will also ... For more ...
(Date:4/19/2017)... NEW YORK , April 19, 2017 ... Surgical drainage devices are tubes used to remove excess ... include, blood, serum, pus, urine, bile or lymph. Surgical ... types of surgery such as orthopedics surgery, cardiovascular surgery, ... device is prophylactic post-surgery to prevent accumulation of fluid ...
Breaking Medicine Technology:
(Date:4/29/2017)... ... , ... TransDark is a set of dynamic transitions that feature inverted, prismatic, ... to set a single keyframe in Final Cut Pro X. Pick and ... features dynamic transitions that momentarily splits the RGB layers of pictures and videos before ...
(Date:4/29/2017)... ... ... More than half of Americans suffering from noise-induced hearing loss do not work ... hearing loss? May 1 marks the beginning of Better Hearing & Speech Month—a time ... schedule a hearing evaluation for anyone with concerns about his/her hearing. , Approximately 40 ...
(Date:4/28/2017)... ... April 28, 2017 , ... ... Campaign) announces its support for the Access to Contraception for Women Servicemembers and ... and Rep. Jackie Speier (D-CA), will help to ensure that all members of ...
(Date:4/28/2017)... ... April 28, 2017 , ... Somnoware, a leading provider of ... which enables sleep physicians to create and edit their interpretation reports. This solution ... a familiar interface that does not require additional training to use. It also ...
(Date:4/28/2017)... ... ... much more than energy – it also has mental and physical benefits. According to the ... which can increase the risk of having a car accident. , This week is ... help you sleep better and feel better:, , Turn off all ...
Breaking Medicine News(10 mins):