Article | May 30, 2018

Unleash Your LIMS Potential By Unleashing The Power Of Your Data

Source: IDBS UK HQ

According to research revealed earlier this year, “the global LIMS (Laboratory Information Management Systems) market is expected to reach USD $1,155.67 million by 2025, from USD $650.7 million in 2017.” This predicts a CAGR (Compound Annual Growth Rate) of 7.7% in the forecast period.

Technology is undoubtedly growing at an exponential rate and the organizations leveraging it are gaining a visible competitive edge. Increasingly, LIMS are becoming seen as vital tools in managing, capturing and sharing sample centric test data whilst ensuring compliance to a given protocol.

But… there’s a catch.

LIMS, which are typically sample-result focused, can’t provide end-to-end workflow solutions in pharmaceutical R&D operations, meaning they often sit isolated from other laboratory technologies – leaving your data in a silo. And yet, by leveraging the functionality of a LIMS, organizations can transform their approaches to regulatory compliance and process automation, leading to increased productivity.

So, how can organizations get the ‘best of both worlds’?

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