Rising Applied sciences Ushering the Life Sciences Business into the Metaverse, in accordance with Accenture Report
91% of medical know-how and 85% of biopharma executives count on new applied sciences to have a optimistic affect on the business
NEW YORK; Aug. 22, 2022 – Accenture’s (NYSE: ACN) Life Sciences Know-how Imaginative and prescient 2022 report explores the know-how developments that may remodel how biopharmaceutical and medical know-how corporations resolve manufacturing and gadget issues, enhance fairness in scientific trial participation and construct extra resilient provide chains to supply 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 good gadgets. In line with the report, life sciences leaders (91% of medical know-how 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 consider the metaverse could have a breakthrough or transformational affect on their organizations.
Petra Jantzer, world business life sciences lead at Accenture, stated, “We’re within the early days of the metaverse, and the know-how improvements we implement right now — the options, services corporations provide, how they develop and distribute them and the way they essentially function their organizations — are the constructing blocks of the long run for all times sciences. Business leaders are pioneering a brand new digital future for the way individuals and enterprises work together, and most of the guidelines stay undefined. It’s crucial that life sciences corporations take steps to proactively and responsibly form the metaverse continuum.”

To assist life sciences corporations design, execute and speed up their metaverse journeys, Accenture lately launched the Accenture Metaverse Continuum enterprise group, which mixes metaverse-skilled professionals and market-leading capabilities in buyer expertise, digital commerce, prolonged actuality, blockchain, digital twins, synthetic intelligence, and pc imaginative and prescient.
Within the report, 4 know-how 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 will be owned by people and moved with the particular person and never the platform. Sooner or later, a brand new technology of digital gadgets will combine into the metaverse and will embody good know-how in on a regular basis objects like house home equipment, and ‘good’ vehicles that present salient information on wholesome human behaviors together with medically regulated gadgets comparable to Donisi, which may concurrently detect and analyze a number of bio-parameters.
- The Programmable World tracks how know-how is being threaded by our bodily environments in three layers: linked, experiential, and materials. Practically nine-in-10 of the MedTech and biopharma executives surveyed consider that programming the bodily surroundings will emerge as a aggressive differentiation of their business. Augmented actuality, 5G, ambient computing, 3D printing, and good supplies are converging in subtle methods, turning the bodily world into an surroundings that’s as good, customizable, and as programmable because the digital one.
- The Unreal explores the “unreal” qualities which can be turning into basic to synthetic intelligence (AI), and even information, making the artificial appear genuine. Artificial information is getting used to coach AI fashions in ways in which real-world information virtually can not or shouldn’t. Artificial information can symbolize affected person datasets to be used in analysis, coaching, or different functions. This reasonable (but unreal) information will be shared, sustaining the identical statistical properties whereas defending confidentiality and privateness. It may be developed to accommodate elevated variety to counter bias, thus overcoming the pitfalls of real-world information. Greater than nine-tenths of biopharma (92%) and MedTech (91%) executives report that their group relies on AI applied sciences to operate successfully.
- Computing the Unattainable is the emergence of a brand new class of machines — quantum computing — stretching the boundaries of what computer systems can do. Issues as soon as thought unattainable to resolve as a result of they require computing giant, advanced datasets are actually within the realm of the potential. Practically all of the surveyed biopharma (94%) and MedTech (96%) executives agree that their group is pivoting in response to the unprecedented computational energy that’s turning into obtainable.
The Life Sciences Know-how Imaginative and prescient 2022 report will be accessed right here.
Concerning the Methodology
For the 2022 report, the analysis course of included gathering enter from the Know-how Imaginative and prescient Exterior Advisory Board, a bunch comprising greater than two dozen skilled people from the private and non-private sectors, academia, enterprise capital corporations, and entrepreneurial corporations. As well as, the Know-how Imaginative and prescient staff carried out interviews with know-how luminaries and business consultants, in addition to many Accenture enterprise leaders. In parallel, Accenture Analysis carried out a world survey of 24,000 customers and 4,650 C-level executives and administrators throughout 35 international locations and 23 industries. The biopharmaceutical business pattern comprised 100 executives in eight international locations (China, France, Germany, India, Japan, Switzerland, the UK and the US). Surveys had been fielded in April 2022. The medical know-how business pattern comprised 100 executives in eight international locations (China, France, Germany, India, Japan, Switzerland, the UK and the US). Surveys had been fielded in April 2022.
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