In any large organization, better enterprise resource planning (ERP) is a significant competitive advantage, but in biotech, it’s particularly crucial. The complex compliance and processing needs of the industry mean that effective ERP can drastically affect time-to-market and GRC, in addition to efficiency, cost and decision making.
Cloud computing in biotechnology gives organizations like New England BioLabsthe power and control flexibility they need to lead the way in both the research and the businesses world. Here’s what the cloud can do for your biotech business:
1 – Compliance and access control: Biotech companies need to maintain strong access and authentication controls, while being able to collaborate easily. 21 CFR 11 requires audit trails, electronic signatures and other measures to verify information has not been improperly altered, and that good experimental and manufacturing procedures have been followed. At the same time, biotechnologists need to be able to access and share data across multiple departments or even multiple companies.
Cloud computing in biotechnology makes this all possible. The SAP HANA® cloud centralizes data, ensuring accuracy and facilitating collaboration. It supports extensive user and role management, multi-factor authentication and auditing to prevent improper access and changes. Granular access control facilitates security and compliance, without disrupting internal workflow. And with ControlPanel GRCautomating over 60% of governance, risk and compliance functions, cloud computing can also dramatically reduce administrative overhead.
2 – Real-time reporting: In biotechnology, complex regulatory requirements and logistics and niche markets make efficiency paramount. Minor screw-ups from sloppy process management can easily become major issues. Real-time operational reporting dramatically improves efficiency, quality control and decision making, allowing organizations to react instantly to challenges and opportunities, both internal and external.
SAP HANA Live and SAP S/4HANA structure data on the fly, with granular control that can get as deep as you need. Whether you’re reacting to changing market conditions or fixing a production bottleneck, it lets you react quickly to current trends, while your competitors are stuck using data from last quarter.
3 – Big data processing: When the Human Genome Project began, it was one of the most massive research projects imaginable, taking billions of dollars and lasting over a decade. Now, it can be done in 26 hours. Drug R&D, clinical research and other areas have benefited just as much from the rapid growth of computational power. The better your gear is at crunching huge sets of data, the quicker you can innovate.
Biotech cloud computing can take big data analysis to the next level through performance, connectivity, ingenuous architecture and flexible provisioning. Labs can benefit from massive computing power without the cost and complexity of running big, onsite server rooms, scale up at will, and make use of new research and ideas almost instantly.
The speed of the SAP HANA cloud is already turning the unimaginable into the everyday. The SAP Genomic Analyzer is able to analyze the full exome of tumors in minutes, allowing oncologists and patients to create customized treatment programs.
The business benefits of big data cloud computing in biotechnology are equally profound. With its flexible in-memory database, reports that would take days to run can often execute in minutes, letting you do far more sophisticated modeling and gain deeper intelligence.
Symmetry helps biotechnology companies build the future. From R&D to marketing, computing affects everything your organization does. Symmetry’s cloud and hosting services gives you the power to develop at the speed of thought, not the speed of compliance or processing. Contact us to learn how Symmetry can help your organization accelerate innovation.