Solution To Business Problems In Life science Companies - 2 views

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  #1 Jose Sean on 29 Jun 09

   

  There is always been a problem in handling growing business demands. Especially in Life science companies like Bio-Technology and Pharmaceutical companies. Their research assignments generally produce enormous amount of data which leads to problems in Data Analysis, storage and integration. Life science informatics or more commonly known as Bioinformatics plays a crucial role in the pharmaceutical industry, agricultural research industry, and biotechnology. In general it is the science and technology all about learning, managing and processing biological information.
  
  Bioinformatics provides a devastating group of challenges, due in part to the rapid growth rate of the field which do not allow enough time for standards to establish themselves. This handling and maintaining huge amount of data makes it hard to concentrate on actual business. Here the offshore outsourcing comes into play. Speaking about offshore outsourcing the next logical question pops out would be if that particular process in Life science informatics can really be outsourced? Well, as far as India is concerned anything can happen here! Literally, it is the miraculous land where money can get you any kind of talent, any process and programming. It is absolutely not an exaggeration. Right now just about 80% of the world's outsourcing is being done to India.
  
  The bioinformatics outsourcing to India, when compared to other developed countries, offers about 30-40% costs savings in overall drug discovery research, and approximately about 60% cost savings when outsourcing core bioinformatics services. This is due to the lower pay costs for skilled manpower with quite well English knowledge and lower infrastructure costs. The use of bioinformatics tools reduces the operating costs, increase efficiency and decrease development period to launching period timelines. These factors drive to further reduction in R&D costs and are fuelling the outsourcing of bioinformatics services to India. Regardless of these; the high quality of output in more sensitive works like Data mining, Data conversion process makes the bioinformatics outsourcing services companies of India more trusted and dependable by the Pharmaceutical and Biotech clients around the globe. A new study has revealed that the Indian bioinformatics services outsourcing opportunity is expected to grow almost double by 2010 that is up to USD 62 million when compared with 2007 statistics. These factors actually boost up the confidence to outsource bioinformatics work to India.
  
  Visit Us @ http://www.informaticsoutsourcing.com/

   

  <div class="cArrow"> </div><div class="cContentInner">There is always been a problem in handling growing business demands. Especially in Life science companies like Bio-Technology and Pharmaceutical companies. Their research assignments generally produce enormous amount of data which leads to problems in Data Analysis, storage and integration. Life science informatics or more commonly known as Bioinformatics plays a crucial role in the pharmaceutical industry, agricultural research industry, and biotechnology. In general it is the science and technology all about learning, managing and processing biological information. <br /> <br /> Bioinformatics provides a devastating group of challenges, due in part to the rapid growth rate of the field which do not allow enough time for standards to establish themselves. This handling and maintaining huge amount of data makes it hard to concentrate on actual business. Here the offshore outsourcing comes into play. Speaking about offshore outsourcing the next logical question pops out would be if that particular process in Life science informatics can really be outsourced? Well, as far as India is concerned anything can happen here! Literally, it is the miraculous land where money can get you any kind of talent, any process and programming. It is absolutely not an exaggeration. Right now just about 80% of the world's outsourcing is being done to India. <br /> <br /> The bioinformatics outsourcing to India, when compared to other developed countries, offers about 30-40% costs savings in overall drug discovery research, and approximately about 60% cost savings when outsourcing core bioinformatics services. This is due to the lower pay costs for skilled manpower with quite well English knowledge and lower infrastructure costs. The use of bioinformatics tools reduces the operating costs, increase efficiency and decrease development period to launching period timelines. These factors drive to further reduction in R&D costs and are fuelling the outsourcing of bioinformatics services to India. Regardless of these; the high quality of output in more sensitive works like Data mining, Data conversion process makes the bioinformatics outsourcing services companies of India more trusted and dependable by the Pharmaceutical and Biotech clients around the globe. A new study has revealed that the Indian bioinformatics services outsourcing opportunity is expected to grow almost double by 2010 that is up to USD 62 million when compared with 2007 statistics. These factors actually boost up the confidence to outsource bioinformatics work to India. <br /> <br /> Visit Us @ <a href="http://www.informaticsoutsourcing.com/" rel="nofollow" target="_blank">http://www.informaticsoutsourcing.com/</a></div>

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