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Interview
We will continue to add value
Cisco will continue to add value and innovate on solutions
for their pharma clients asserts Anil Bhasin, Vice President, Enterprise,
Cisco, India and SAARC while talking to Nandini Patwardhan on the Indian
pharma industry and Cisco's presence
What
is your take on the pharma industry and problems faced by companies therein?
A CII study states that Indian pharma industry is growing at the rate of 8-9
per cent per year. The same study has pegged Indian pharma at around $48 billion
by the end of the year 2007. This growth has led the industry to explore newer
avenues of drug development, thus, promising higher capital investment in the
pharma industry in the near future. Also, many MNCs have penetrated into the
country with an aim to market drugs and conduct clinical trails. Thus, Indian
pharma research, manufacturing, and outsourcing have received an impetus, creating
an image of a land of opportunities in pharma.
As India gears up to be a pharma hub of the world, pharma companies here are
increasingly waking up to the benefits of IP communication to increase their
operational efficiency and do away with some specific problems that plague the
pharma industry. These problems are:
- The 'silo effect' in large pharma companies that
prevent clinicians from sharing pertinent data,
- A lack of standardized data definitions, necessitating
duplicate testing and trials,
- Weak process and systems integration that slows
time to market.
What is on Cisco's agenda for the Indian pharma industry?
Cisco plans to tap this growing industry with specific product
offerings. Cisco's communication platforms help pharma companies overcome these
obstacles by developing a fully electronic clinical development system through
internet based initiatives. Cisco's Unified Communication solutions based on
Intelligent Information Networks enable pharma companies to bring innovation
into business processes such as R&D productivity, increasing sales, multi-channel
marketing and, billing and purchasing and reducing operating costs across the
organization.
Generally, pharma has always been low on the priority list
for any company offering networking solutions. What might the reasons be?
There was a laggard start in adoption of IT in the pharma sector in India. However
as competition and new opportunities have intensified, industry leaders foresee
Indian pharma companies poised to take advantage of IT.
Another major driver in the Indian pharma Industry is globalisation. On one
hand, the global players are setting up their facilities in India to cater to
the demand in India and APAC (Asia Pacific) and on the other, Indian companies
are supplying drugs to global giants or entering into different international
markets. This means that an Indian pharma companies have to compete with a global
brand, quality standards, processes, etc. In such a scenario, it is not only
imperative for Indian pharma companies to e-enable all manufacturing processes
but also optimize business processes to improve productivity. Having realised
so, Indian companies are investing in Internet-based applications that can increase
the effectiveness of their clinical trials and R&D. Going forward, IT is
going to play a role of a key enabler.
Do you think that only the MNCs and large sized pharma
companies are savvy about the need for networking and IT solutions?
While MNCs and large pharma companies rely on technology to improve efficiency
and ensure future profitability, smaller firms rely on IT as a matter of survival,
ie to stay competitive. We at Cisco Systems understand these differentiated
needs of the industry and address it with specific end-to-end networking solutions.
What are the networking and communication needs of Indian
pharma companies? How does Cisco stand to cater to them?
International trends predict that internal and external communication in pharma
companies will change immensely, as companies continue to focus on this area
to improve delivery capabilities and overcome the so called 'silos' effect.
For instance, different components of the industry have to be connected to one
another seamlessly. Cisco's Unified Communication Solution proves helpful resulting
in significant cost savings and enhanced productivity. Cisco's range of product
offerings like Cisco Content Networking Solution, VPN & Security, IP Contact
centres, etc.
Ultimately, Indian's growth as a global leader hinges on its ability to overcome
challenges and given the present scenario, integrating and facilitating cost-effective
communication is a major challenge.
Therefore, pharma companies look for a solution that can offer a dynamic line
of communication between the global markets and its manufacturing and research
centres in India.
How do you go about working with pharma companies?
Our entire business is through our channel partners; hence partners are of paramount
importance. Cisco helps partners upgrade their skills and train them to graduate
to advance & emerging technology platforms. Cisco handholds channel partners
to put up joint business plans and work with them to understand their area of
focus and create new business platforms
Drawing on a unique combination of industry experience, business acumen, and
technical knowledge, Cisco's Internet Business Service Group (IBSG) consultants
work as trusted advisers to many of the leading pharma organizations and then
recommend appropriate solutions to cater to their business needs. As the market
continues to realize the importance of the quality of the network and its impact
on profit, cash flow and productivity, Cisco Services are positioned to help
customers accelerate business returns, while ensuring customer satisfaction.
How has Cisco's implementations helped pharma companies?
Can you name the companies and the benefits that they have reaped?
Indian pharma companies will be forced to imbibe communication trends as they
expand their presence globally. Cisco offers a suite of products for the communication
needs of the pharma sector that enables global pharma companies keep employees,
partners, suppliers and customers well-trained and informed in a high impact,
cost efficient manner, no matter where they are located. Large companies in
the pharma sector in India understand the benefits and the RoI that IT solutions
can bring to them. For instance, out of the top players, Apollo, Wockhardt,
Vimta Labs, Dr Reddy's, Ranbaxy, Matrix, Cipla, Aurobindo Pharma, Apotex India
and Astra Zeneca are some of the pharma companies that have already deployed
Cisco's networking solutions to equip themselves with competitive advantage.
One of Cisco's recent fruitful deployments has been at the Vimta Labs. Vimta
wanted to implement a networking solution that would improve employee collaboration,
reduce communication cost, allows users to access centralized information, enable
compliance with the end customers' legal guidelines and above all provide all
of this on a secure platform. Cisco along with its partner IBM, deployed solutions
that enabled Vimta's new facility to have enhanced connectivity, information
sharing and convergence of communication. With improved networking at its new
facility, Vimta is already on its way to achieving its business goal set out
for 2010.
What are your future plans for this industry?
As this industry gets competitive in the years to come, it is our endeavour
to continue to innovate on solutions for the pharma industry. We will continue
to add value to our customers business, with world class networking technology
and value-added consultancy to help them achieve their business goals.
nandini.p@expressindia.com
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