IDC PlanScape: Leveraging Real-World Data Monetization Models for Life Sciences
This IDC PlanScape addresses the growing importance of data to the life sciences industry and provides guidance on building out a strategy to optimally leverage real-world data, understand the different data monetization models offered, identify the key stakeholders involved, and choose the right partners and pricing and business models so as to maximize the return on investment from the data or insights acquired."Data-driven business model transformation is reshaping the life sciences industry. While data has become the healthcare industry's most valuable asset, the healthcare industry is still evolving strategies to maximize its economic benefits. Data is truly the foreign exchange that is connecting the dots between healthcare and life sciences." — Dr. Nimita Limaye, research vice president, Life Sciences R&D Strategy and Technology at IDC Health Insights
Please Note: Extended description available upon request.
- IDC PlanScape Figure
- Executive Summary
- Why Are Data Monetization Models Important?
- What Are Data Monetization Models?
- Who Are the Key Stakeholders?
- How Can My Organization Take Advantage of Data Monetization Models?
- Building Out a Life Sciences Organizational Strategy to Optimally Leverage Data Monetization Models
- Advice for Business and Technology Leaders
- Related Research
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