Here are four additional takeaways from IMS‘ New Strategic Information and Technology Roles in Life Sciences Companies report:
- More than 80 percent of companies have established new digital innovation and data positions that challenge the traditional role of the CIO. New in-demand digital competencies include strengths in data orientation, digital fluency, consumer centricity and adaptability and change leadership.
- In small companies, more than 40 percent of CIOs have been in place for less than a year. Nearly half of all life sciences companies have had CIOs for under three years.
- Despite the importance of the CIO in business transformation, fewer than 25 percent of CIOs are part of organizations‘ executive teams.
- Advanced IT predictive capabilities remain underused, with less than 10 percent of life sciences companies using such capabilities to guide decision-making.
More articles on health IT:
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Health IT in 2015: 10 CIOs on the highs and lows
Accenture report: Investment in ‘Ubers of healthcare’ to hit $1B by year’s end
