Reduce Cost & Risk and Enable Information Governance
Business as Usual is no Longer an Option
The seismic shifts across the life sciences industry are causing significant disruption. According to the Deloitte 2015
Life Sciences Outlook report, expiring patents, shorter product life cycles, formulary coverage challenges, changing
commercial practices, growth in new markets, and value-based reimbursements are all putting significant pressure on
life sciences organizations - causing them to reassess their strategies. Given these factors, is your ability to protect and
manage information at risk?
Key Questions to Consider
Information is critical to the life sciences industry, and organizations today are facing unprecedented growth in the volume
and variety of data. In addition to the existing paper and electronic-based records, there are multiple sources of new data
types, including genomics, digital pathology, biomedical sensors, and more. As you navigate this information evolution
– from siloed pockets of data to enterprise-wide Information Governance, you need to consider:
Where is Your Information and How Are You Governing it?
The volume of information in the life sciences industry continues to grow. According to Deloitte, companies will have
to revisit the types of data they are generating from their clinical trials and competitive comparisons to ensure they
are providing the evidence needed to demonstrate the types of value that align with each stakeholder’s expectations.
Given these trends, you need to develop strategies to effectively manage your information throughout its lifecycle.
This information must be managed on an enterprise basis, particularly as the landscape shifts to a global economy
where anytime, anywhere access to information is required.
How are You Integrating Information — Across and Beyond Your Organization?
Your organization may be growing through mergers and acquisitions. Each division or department likely has its own
distinct Records and Information Management (RIM) processes, causing information to be stored across multiple
vendors, in silos, and often in sub-optimal space like basements, and storage rooms. The inefficiencies of this
distributed model are impacting your ability to achieve results and putting you at legal and audit risk. As you continue
to grow and merge, you need to get control of this information to avoid risk of loss or breach and put your valuable
real estate to better use.
What is Your Total Cost of Storage?
As your information grows, you need to evaluate the true, total cost of managing information across your organization;
not only the costs of the storage itself, but also associated costs for real estate, personnel, ongoing maintenance,
and even opportunity costs. These costs are often “hidden” as a shared services line item that loses its granularity
in budgeting because they aren’t captured; they are not measured or forecasted. And, by just planning for the next
storage purchase, organizations are thinking tactically — not strategically. In order to develop an effective information
management strategy, it is important to think long-term.
Accelerate Your Journey to Information Governance
Working with Iron Mountain, you can:
Repurpose Valuable File Room Space
Iron Mountain® Records Management services provide secure, offsite storage that will help
you effectively store, manage, and safeguard your clinical and business records — enabling
you to repurpose your space for revenue-generating activities.
Avoid a Breach
Iron Mountain® Secure Shredding services protect the privacy of your information by helping
you dispose of your records and media in a compliant, safe, and cost-effective way.
Iron Mountain® e-Waste and Secure IT Asset Disposition allows you to recycle or repurpose
old, obsolete, or decommissioned IT assets through secure, environmentally friendly procedures.
Digitize Your Vital Records
Iron Mountain Document Conversion services provide you with proven processes, enabling
you to scan your vital records including R&D, clinical, manufacturing and regulatory - for
disaster recovery protection and easy retrieval and access. With this solution, you can also
digitize your business records, to maximize your ability to store and access the information
Enable Consistent Policy
Iron Mountain® Global Research and Policy Center helps you gain access to relevant
regulations and rules - proactively allowing you to automatically implement and communicate
new guidelines to all employees and RIM-enabled systems across your enterprise.
Preserve & Protect Pathology Assets
Iron Mountain® Pathology Storage Management enables you to free up valuable storage
space while ensuring the integrity of your slides and blocks remains intact. You’ll centralize
all your assets offsite in a local, highly secure, temperature-controlled facility to ensure their
long-term preservation and improve visibility into where they are and who has access to them.
Manage Your Data Growth
Iron Mountain® Data Management services enable you to store, protect, and recover
your data. Whether you use backup tapes or cloud storage, you can keep up with your
ever-growing storage requirements while ensuring your data is protected and recoverable
in the event of disaster.
Leverage Expert Staffing
Leverage our knowledgeable records and information staff at your locations to help build
your program or supplement your existing group. Our experts provide reliable staffing that
can accelerate your program and enable information governance.
Why Should You Choose Iron Mountain?
We make it easy to manage your information throughout its lifecycle.
Leveraging our national network of locally managed facilities, we deliver
solutions that are secure, compliant, and cost-effective.