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International Clinical Trials

Software Solutions

ICT: What are some of the marketplace trends for clinical trial management systems (CTMS)?

Ricky Lakhani: Historically, CTMS solutions have been rightly considered expensive, monolithic, and costly to both implement and maintain. Through improvements in technology, this has begun to change with Software-as-a- Service (SaaS) offerings. The continued growth and adoption of SaaS technology solutions, especially with a CTMS, will be a key industry trend in the coming years. This is true for smalland medium-sized companies striving to reduce the cost/ overhead of either home-grown or hosted solutions. Further to that, with the continued focus on data collection and analysis, companies are adopting CTMS solutions to eradicate the inefficiencies of spreadsheets and other manual tools. In regard to data collection, CTMS solutions are increasingly positioning themselves in the middle of an ecosystem of inbound and outbound data, reducing the amount of manual data entry and increasing the transparency of data for reporting and informed decision making.

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About the author

Ricky Lakhani is a product management professional with more than a decade of global experience specialising in understanding customer requirements and developing products that are valuable, innovative, and successful in supporting pharmacovigilance and clinical operations for life science organisations. Ricky is responsible for managing the entire product lifecycle from product strategy, planning, and definition to development and delivery.
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