It’s no secret that technology is continually advancing within the pharmacy landscape. Utilizing the power of data and automatization can prompt significant progress in patient care, improve workflows, and overall efficiency. For forward-thinking pharma companies, Artificial Intelligence (AI) is rapidly becoming the prime driver of efficiency. AI can be incorporated to make data-driven decisions faster and ramp up the R&D process. Similarly, drug developers are now detecting a limitless range of novel and beneficial uses AI can have in an immeasurable number of new pharma contexts. Besides, big data helps pharmacy management in various ways. For instance, by using big data, it is possible to curtail costs by collecting and analyzing appropriate information to identify the pharmacy’s strong and weak points. Moreover, big data can monitor and analyze the behavior of patients regarding their drug consumption.
Further, businesses worldwide have congregated to cost- and resource-saving external computer servers over the last decade. The pharmaceutical industry has historically been one of the last to hold out, favoring to control its extremely sensitive data in firmly controlled on-site databases. Data security and compliance issues have traditionally made pharmaceutical companies doubtful of using external networks to access resources and data. However, with time, more pharma companies are recognizing that cloud computing offers greater performance, cost-savings, and a competitive edge without risking security or compliance. Cloud computing has now secured a grip in the industry, thanks to a transformation that started in pharma R&D labs and dispersed to wider industry adoptions once successes became apparent, and data security and integrity were proven.
Although, at times, the technology available in the given age can seem overwhelming, it may hold the key to improve medication adherence and lead to overall positive patient outcomes. Organizations in the pharmacy landscape can reap the benefits of the latest technology to positively impact patient outcomes.
With several innovative technological capabilities and success stories of each pharmacy management solution providers, organizations are continually proving their mettle in the field of pharmacy management solution. We hope this issue of MD Tech Review helps you build the partnership you and your firm need to foster a technologically-driven solution.
We present to you MD Tech Review’s “Top 10 Pharmacy Management Solution Providers - 2020.”