Emerging Technologies Ushering the Life Sciences Industry into the Metaverse, according to Accenture Report
91% of medical expertise and 85% of biopharma executives count on new applied sciences to have a optimistic affect on the trade
NEW YORK; Aug. 22, 2022 – Accenture’s (NYSE: ACN) Life Sciences Technology Vision 2022 report explores the expertise developments that can remodel how biopharmaceutical and medical expertise firms resolve manufacturing and gadget issues, enhance fairness in medical trial participation and construct extra resilient provide chains to present sufferers and healthcare professionals with extra personalised experiences.
The metaverse is an evolving and increasing continuum on a number of dimensions — digital and bodily — that contains applied sciences together with prolonged actuality, blockchain, synthetic intelligence, digital twins, non-fungible tokens, and sensible gadgets. According to the report, life sciences leaders (91% of medical expertise executives and 85% biopharma executives) count on the metaverse to have a optimistic affect on their organizations and practically half of the biopharma executives surveyed imagine the metaverse could have a breakthrough or transformational affect on their organizations.
Petra Jantzer, world trade life sciences lead at Accenture, mentioned, “We are in the early days of the metaverse, and the expertise improvements we implement at this time — the options, services firms supply, how they develop and distribute them and the way they essentially function their organizations — are the constructing blocks of the future for all times sciences. Industry leaders are pioneering a brand new digital future for a way individuals and enterprises work together, and lots of of the guidelines stay undefined. It is essential that life sciences firms take steps to proactively and responsibly form the metaverse continuum.”
To assist life sciences firms design, execute and speed up their metaverse journeys, Accenture just lately launched the Accenture Metaverse Continuum business group, which mixes metaverse-skilled professionals and market-leading capabilities in buyer expertise, digital commerce, prolonged actuality, blockchain, digital twins, synthetic intelligence, and laptop imaginative and prescient.
In the report, 4 expertise developments that underpin the metaverse continuum are explored.
- WebMe illustrates how the web is being reimagined with the metaverse as a platform for digital experiences that present boundless locations the place individuals can meet and work together, and Web3 is reinventing how information might be owned by people and moved with the particular person and never the platform. In the future, a brand new era of digital gadgets will combine into the metaverse and will embody sensible expertise in on a regular basis objects like house home equipment, and ‘smart’ vehicles that present salient information on wholesome human behaviors together with medically regulated gadgets resembling Donisi, which might concurrently detect and analyze a number of bio-parameters.
- The Programmable World tracks how expertise is being threaded by means of our bodily environments in three layers: related, experiential, and materials. Nearly nine-in-10 of the MedTech and biopharma executives surveyed imagine that programming the bodily atmosphere will emerge as a aggressive differentiation of their trade. Augmented actuality, 5G, ambient computing, 3D printing, and sensible supplies are converging in subtle methods, turning the bodily world into an atmosphere that’s as sensible, customizable, and as programmable as the digital one.
- The Unreal explores the “unreal” qualities which can be changing into basic to synthetic intelligence (AI), and even information, making the artificial appear genuine. Synthetic information is getting used to prepare AI fashions in ways in which real-world information virtually can not or mustn’t. Synthetic information can characterize affected person datasets to be used in analysis, coaching, or different purposes. This life like (but unreal) information might be shared, sustaining the similar statistical properties whereas defending confidentiality and privateness. It might be developed to accommodate elevated variety to counter bias, thus overcoming the pitfalls of real-world information. More than nine-tenths of biopharma (92%) and MedTech (91%) executives report that their group relies on AI applied sciences to operate successfully.
- Computing the Impossible is the emergence of a brand new class of machines — quantum computing — stretching the boundaries of what computer systems can do. Problems as soon as thought unattainable to resolve as a result of they require computing massive, complicated datasets at the moment are in the realm of the potential. Nearly all the surveyed biopharma (94%) and MedTech (96%) executives agree that their group is pivoting in response to the unprecedented computational energy that’s changing into obtainable.
The Life Sciences Technology Vision 2022 report might be accessed right here.
About the Methodology
For the 2022 report, the analysis course of included gathering enter from the Technology Vision External Advisory Board, a bunch comprising greater than two dozen skilled people from the private and non-private sectors, academia, enterprise capital corporations, and entrepreneurial firms. In addition, the Technology Vision crew performed interviews with expertise luminaries and trade specialists, in addition to many Accenture business leaders. In parallel, Accenture Research performed a worldwide survey of 24,000 shoppers and 4,650 C-level executives and administrators throughout 35 nations and 23 industries. The biopharmaceutical trade pattern comprised 100 executives in eight nations (China, France, Germany, India, Japan, Switzerland, the United Kingdom and the United States). Surveys had been fielded in April 2022. The medical expertise trade pattern comprised 100 executives in eight nations (China, France, Germany, India, Japan, Switzerland, the United Kingdom and the United States). Surveys had been fielded in April 2022.
About Accenture
Accenture is a worldwide skilled companies firm with main capabilities in digital, cloud, and safety. Combining unmatched expertise and specialised abilities throughout greater than 40 industries, we provide Strategy and Consulting, Technology and Operations companies, and Accenture Song — all powered by the world’s largest community of Advanced Technology and Intelligent Operations facilities. Our 710,000 individuals ship on the promise of expertise and human ingenuity on daily basis, serving purchasers in additional than 120 nations. We embrace the energy of change to create worth and shared success for our purchasers, individuals, shareholders, companions, and communities. Visit us at accenture.com.
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Contact:
Marchell Gillis
Accenture
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marchell.gillis@accenture.com
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