What is cloud software?
Cloud software, also known as cloud SaaS or cloud software as a service, is a solution hosted online in public or private clouds. These programs are accessible from any device with an internet connection, including phones, tablets, computers, and even TVs depending on the nature of the software.
This software ranges from free to paid, depending on the company providing the services. Gmail is an example of free cloud software, although it also offers premium subscriptions for individuals and businesses alike.
Paid cloud software examples include Netflix, Microsoft Office 365, Salesforce, and Amazon. Typically, cloud-based software is tiered in nature, depending on individual or business needs. For example, Salesforce prices vary based on how many licenses will be utilized, while Netflix charges based on video speed and quality.
What are other names for cloud software?
Cloud software may also be referred to by various other names, depending on the software type and industry. These include:
- Cloud SaaS
- Cloud-based SaaS
- Cloud-based software
- Cloud-based software as a service
- Cloud computing software
- Cloud ERP software
- Software as a service (SaaS)
- Platform as a service (PaaS)
- Managed software as a service (MSaaS)
- Data center as a service (DCaaS)
- Information technology management as a service (ITMaaS)
What is cloud software in pharma?
Cloud software in pharma refers to any software application used by pharma companies that’s accessible via an internet connection.
These solutions are available either as a fully cloud-based system, whereby everything is available via the public cloud, or as a hybrid cloud solution whereby data is stored both in public and private clouds.
Although SaaS systems are most frequently used in front-end operations, such as CRM and clinical trial management solutions, they’re also picking up traction in back-end operations for manufacturing and quality control.
Typically, most pharma companies opt for a hybrid cloud solution, as this provides them with the best of both worlds.
Rather than storing all of their sensitive data online in the public cloud, pharma companies can use a private cloud to store more confidential data. This allows them to pick and choose who has access to what information, and when, while also reducing the likelihood of data breaches.
Examples of cloud software in pharma
Why is cloud software important for pharma?
Cloud software is important in pharma because it centralizes important data, offering real-time visibility for stakeholders. Additionally, it allows organizations to focus their time and resources on what matters most: accelerating drug development and manufacturing.
Rather than worrying about managing software or hardware solutions, and needing to have on-site or on-call experts to aid in issues that arise, the cloud provides pharma organizations with a one-stop virtualized solution.
As a result, companies are able to collaborate more effectively across sites and teams, capture and transcribe processes in real time, and accelerate the entire production lifecycle.