22 Jul 2019
Chair of SIP Futures, Alex Felthouse, explores how big data and informatics will underpin the future success of the life sciences sector, setting out the role of the Life Sciences 2030 Strategy in closing key skills gaps.
He notes that over the last century, we have witnessed a series of technologies that have changed and continue to change our world in unimaginable ways. Without many of the medical discoveries and inventions from the life sciences sector, few of us would enjoy the health and lifespan we experience today. Thanks to our medicine and treatments, many illnesses and diseases have been eliminated – and what were once serious illnesses are now relatively mild.
Alex notes “without doubt, data science in its widest sense and effective data mining is now a critically important technology across the life sciences sector. Indeed, according to PwC’s 20th Chief Executive Survey, a major trend on the minds of global chief executives is that business growth will increasingly come from prioritised investment in innovation, and digital capabilities (23%), growth and corporate profitability will no longer be supported through traditional methods or business models alone.
The SIP’s Life Sciences 2030 Skills Strategy will build a clear evidence base of the status of life science skills and future scenarios to 2030. This will focus on R&D, medicines manufacturing and their associated supply and service chains, with a view to understanding the pivotal role emerging technologies, including AI, will play and, in turn, identify what is needed in addition to current available training provision."