Almost all life sciences companies have embraced the master data management for the standardization and harmonization of business processes, effective data stewardship, and accountable data governance. Though every company on its own path towards creating a single version of the truth, we have learned it from previous Forum editions that big or small we all fight with similar challenges like sustaining data quality. Larger organizations are already looking on what is beyond MDM, utilizing advanced analytics, using MDM for digital transformation. On the other hand, midsize companies operate with constrained IT and business resources. And in today’s changing pharmaceutical landscape, these organizations are being asked to enhance the efficiency of processes and manage costs while complying with ever more stringent mandates of security, privacy, and interoperability.
But what we see common across life sciences organizations the main question is how to integrate systems and synthesize information in a way that creates a global coherent version of product master data. How to collaborate internally between different divisions: Regulatory, R&D, Commercial, Supply Chain to focus on patient safety and deliver business value through a sustainable MDM and Data Governance.
Following our success at the 2nd annual Forum we continue to discuss data management specifics when it comes to life sciences sector. As the main purpose of the Forum is to get a comprehensive view on every aspect of master data management, data governance and data management within the life sciences industry- pharmaceuticals, medtech, biotech from both technology and business perspective to discuss:
• Aiming towards global product master data organization
• Approaches to measure data quality
• What is the value of MDM within your company and your customer?
• How to determine what should be in MDM scope and what shouldn’t
• SPOR, FMD, IDMP, UDI, GDPR-MDM and compliance
• Moving beyond MDM to discover transactional, Big Data
In its 3rd year TBM Evolution Team is providing an exclusive platform for professionals to network and benchmark with industry peers, as well as a business environment that encourages deeper discussion of the topics that prioritizes quality over quantity and creates an overall more valuable experience for the attendees.