The Cora team recently attended the Enterprise Ireland and ISPE Ireland Affiliate’s BioPharma Engineering Conference in Cork. This was a two day event which showcased Ireland’s pharmaceutical, biotechnology, engineering and construction industries.
The event kicked off in the Tyndall Institute, one of Europe’s leading research facilities and Ireland’s largest facility in Information and Communications Technology (ICT) research and development. On the night guest industry speakers from Tyndall Institute, Enterprise Ireland, NIBRT, Janseen Biologics, Kirby Group, Enterprise Systems Partners and Kinetics Process Consulting all presented case studies of current and future industry trends, challenges, innovations and collaboration opportunities between industries.
What we learned on the night:
- BioPharma’s number 1 challenge is getting the best people involved in such projects and how the training and development of staff is vital to the Pharmaceutical industry
- Multiple project activities occur in the pharma industry no matter how big or small
- The ability to review project expectations vs. project delivery is challenging
- The breakdown and steps of projects
- Collaboration between Pharma industry and non-industry based firms plays a key role
The second day of the event was set in the Radisson Blu in Little Island. The day compromised of presentations from industry leaders (including Bristol-Myers-Squibb and Eli Lilly), workshops, networking and an exhibition space for delegates to speak with developers / suppliers. The Cora team met with delegates from both the Pharmaceutical and Engineering / Construction industries, all of whom are experiencing challenges when it comes to the implementation and monitoring of projects in their organisations.
What we learned on the day:
- Multiple projects in multiple locations – leading to difficulty in the control and visibility over each project
- Using many spreadsheets and documents – leading to duplication and information loss
- No access to real-time reporting – causing huge delays on projects
- Lack of visibility over resources that are associated with projects – what project is assigned to who, time it is taking out of resources schedule
- No place where documentation can be stored where resources can access
What ProjectVision can do for you:
- Single, global view of current projects, programs and portfolios
- Elimination of duplicated work
- Real time reporting both financially and project progress
- Minimise financial, governance and other corporate risks
- Key information tracked from pre-project stage throughout the project life-cycle
- Track Project time and profitability
Cora Systems has multiple pharmaceutical clients who use ProjectVision all over the world, including Allergan, Amneal, Astellas, Elanco, IPSEN, Indivior and Servier. For example, ProjectVision manages 3,500+ projects alone for Allergan across 4 sites that have annual budgets of approximately $100 million for each plant. For more information on ProjectVision and the benefits it provides to Pharma companies, check out our Pharma Industry solutions page.