Clinical Trials in the Cloud: A New Paradigm?
Tue, December 9, 17:30 – 20:00
CareFusion - 3750 Torrey View Court - San Diego, CA 92130
The VA uses it, but the FDA doesn’t. Cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer. Examples are Dropbox, Flickr, and Microsoft Office 365, the cloud-based version of Microsoft Office. This program will help you decide whether or not cloud-based services are appropriate for your clinical studies. The global cloud computing market in the healthcare industry has climbed from $1.82 billion in 2011 and is expected to reach $6.79 billion in 2018, growing at a CAGR of 29.9%. Companies will spend one third of their IT budgets on cloud applications and solutions this year.
Pharma and biotech companies have been using cloud computing services to store and access data for drug development research, but not clinical trials. Managing data is a pain point for the drug development industry, as the data generated by the industry is doubling every six months. The cloud gives pharma companies the ability to access applications and files from anywhere- PC, Mac, tablet- and they are always up to date.