The McKinsey article “Faster, Smarter Trials: Modernizing Biopharma’s R&D IT Applications” highlights a critical issue in clinical research—outdated, fragmented IT infrastructures that hinder the speed, efficiency, and success of clinical trials. The report emphasizes that while AI and digital technologies hold immense promise, their full potential can only be realized with modernized, integrated clinical development applications.
At Cloudbyz, we recognize this challenge and have built our unified eClinical platform to address these very pain points. By offering a natively integrated solution on Salesforce, Cloudbyz provides a seamless, real-time, and AI-powered clinical development ecosystem that directly tackles the inefficiencies outlined in the McKinsey report.
Here’s how Cloudbyz eClinical is the answer to the challenges and opportunities presented in this report.
The Challenge: Outdated Clinical Development Applications are a Bottleneck
According to the McKinsey report, biopharma R&D productivity is declining due to increasing clinical trial costs, long study durations, and decreasing success rates. Legacy IT infrastructures contribute significantly to these inefficiencies due to:
McKinsey’s research estimates that modernizing clinical development IT could:
The message is clear: modernizing IT applications is no longer optional but a necessity.
The Cloudbyz Solution: A Unified, Next-Gen eClinical Platform
Cloudbyz eClinical suite was designed from the ground up to eliminate the inefficiencies of legacy systems and enable AI-driven clinical operations at scale. Our solutions align directly with McKinsey’s recommendations by providing a fully integrated, cloud-native clinical trial technology stack.
McKinsey stresses the importance of seamless data integration across CTMS, eTMF, EDC, RTSM, eCOA, and Pharmacovigilance systems. Cloudbyz delivers exactly that—a unified platform that connects all critical clinical trial functions within a single ecosystem.
Our platform enables:
✔ Outcome: Sponsors and CROs using Cloudbyz CTMS and eTMF solutions report up to 30% faster study start-up and 20% reduction in manual workload.
The report highlights how AI and generative AI can unlock over $50 billion annually across clinical R&D but warns that outdated IT applications limit its effectiveness.
Cloudbyz embraces AI and advanced analytics with:
✔ Outcome: Cloudbyz customers experience a 15-30% increase in clinical operations productivity and fewer protocol deviations through data-driven decision-making.
McKinsey identifies that many pharma companies struggle with scaling their modernization efforts due to fragmented solutions and technical debt.
Cloudbyz eliminates these roadblocks with:
✔ Outcome: Cloudbyz’s fully cloud-based ecosystem reduces IT burden, improves compliance, and ensures seamless scalability for global trials.
The report emphasizes that decentralized trials (DCTs) are the future—but legacy IT systems are not designed to support them.
Cloudbyz facilitates decentralized and hybrid trials by:
✔ Outcome: Cloudbyz customers adopting decentralized trial capabilities accelerate patient recruitment by 20% and improve patient retention rates.
McKinsey found that companies investing in modernization have yet to achieve a clear ROI due to scattered modernization efforts.
Cloudbyz provides a structured, ROI-driven modernization approach by:
✔ Outcome: Cloudbyz customers experience a 20-30% reduction in IT costs while achieving faster, more efficient trials.
Conclusion: Cloudbyz eClinical is the Future of Clinical Trial IT Modernization
McKinsey’s report makes it clear: biopharma companies that fail to modernize their clinical IT stack will struggle to keep pace with industry advancements. However, modernization must be approached strategically, with a focus on integration, scalability, and AI-readiness.
Cloudbyz eClinical is the answer to this urgent need—a fully unified, cloud-native, and AI-powered platform that accelerates study start-up, enhances data integration, improves trial success rates, and drives operational excellence in clinical research.
If you are a biopharma leader looking to modernize your clinical IT infrastructure, Cloudbyz offers the fastest path to digital transformation—helping you conduct trials smarter, faster, and more efficiently than ever before.
Ready to Future-Proof Your Clinical Trials?
Explore Cloudbyz eClinical today and unlock the full potential of AI-driven, modernized clinical research. Contact us for a personalized demo and see how we can transform your clinical operations.