IT Blogs & News - Written by IT Professionals - iuvo Technologies

Maximizing Data Management in Biotech & Life Sciences

Written by Jessica DeForge | Jun 20, 2023 3:30:00 PM

iuvo excels when it comes to effectively managing immense volumes of perpetually retained data, and this superpower helps us serve a wide range of customers in the dynamic and data-driven industries of biotech and life sciences. 

Interested to find out how iuvo can help your business develop and implement scalable strategies and lightning-fast performance without sacrificing data provenance or user privacy? Then you’re in luck because we’re about to share the secret to our Awesomesauce™ and how iuvo’s approach to data management will forever transform the way you’ve thought about data. 

 

Leveraging Cloud Technology to Master Data Management 

Whether you’re looking to maintain a catalog of genomic sequences, the results from clinical trials, or data imaging and research findings, the same thing is true: effectively managed data could become your company's largest asset. 

Don’t let disorganized and haphazard storage practices turn into a drag on your company’s cashflow and future growth, instead let iuvo take the reins and build out the necessary cloud infrastructure for you and your team to easily and securely collaborate from within and outside of your organization, all while scaling speed of data storage and access capabilities. 

Remain compliant and save on costs! Cloud computing provides security measures in line with what regulatory bodies want (and need) to see, and iuvo is the MSP with the correct expertise required to maximize every dollar spent and streamline your data needs without sacrificing quality or service. 

 

Cloud-Powered Lifecycle Management 

Unlocking Value and Efficiency in Data Management 

You can plan to use every innovative data storage, accessibility, and security tool on the market, but, like a plan, implementing top-notch tech without a strategy focused around effective data lifecycle management (DLM) is bound to lead to terabytes (or more) of unorganized, aging, and corrupt data that costs more and more money to maintain month over month. 

iuvo understands the importance of implementing a robust DLM that will scale to match the unique needs of your growing business. 

Every successful DLM needs to adhere to the following criteria: 

  • Compliance with regulatory bodies unique to the biotech and life sciences industries
  • Pre-determined duration of retention for all valuable and sensitive data
    • Set criteria for archival storage for items not regularly used 
  • Proper classification and hierarchy of files desired for storage
  • Robust security posture to determine who can access what from when and where

A well-managed DLM provides for a smarter and safer way to leverage your own valuable data, gives your teams access to a streamlined system and proven methods for precisely cataloging current findings to accelerate new scientific discoveries, and empowers executives and key players within your company to grab hold of this new edge to make data-driven business decisions in a massively competitive landscape. 

 

The Role of Cloud-Based Provenance in Biotech and Life Sciences 

Implementing a file storage system without data provenance is one of the biggest mistakes any company can make, as the lack of uniformity and standardization regarding data classification and type will inevitably lead to an (expensive) collection of mismatched files that eats into your team’s most valuable resource: time. 

And time is more than just money: it’s the difference between announcing the next newest discovery or immutable evidence supporting your right to a patent for life-changing emerging technology and the opportunity slipping away due to lost time spent combing through an enormous collection of mismanaged data during your research and development stages. 

Regulatory bodies will also be extremely interested in the origin(s), integrity, and trustworthiness of your research findings, all of which can be traced back to your transparent database clearly showing how all data was acquired, stored, and securely archived. 

Patents and the right to ownership require third-party investigations into the transparency of your research, which directly traces back to your database. 

The list goes on, but iuvo has seen it all and is ready to help you transform your data storage needs into a solid foundation on which to build toward the world’s next big advance and breakthrough discovery in biotech and the life sciences. 

 

Privacy Concerns: Anonymization and Protecting Patient Data 

Protecting patient data is critical, and to do so effectively is to implement a series of anonymization techniques designed to remove all individual identifiable information from datasets to ensure the privacy and security of each patient’s personal identity. 

iuvo understands just how important it is to create and maintain safeguards against the leaking of sensitive patient and user information, and we implement data de-identification (or pseudonymization) to minimize the risk of unauthorized use of data leading to the damaging doxxing or identification of anyone involved in a clinical trial or other research studies. 

However, privacy and security measures don’t begin and end with frequently used data, but extend into how iuvo provides the proper framework to implement ongoing encryption, storage, and maintenance of sensitive archived data from previous studies and past trials. 

With a secure grasp of the regulatory expectations surrounding General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA), iuvo is here to ensure you won’t have to worry about hiring and managing dedicated in-house teams with the necessary expertise in security and privacy posture. When it comes to the proper management of sensitive patient and participant data, let iuvo worry about evolving regulations and ever-changing (and increasing) needs for privacy and security when it comes to personal data. 

 

Data Orchestration: Streamlining Multicloud Environments 

No great discovery happens within a bubble, and the ability to format data in ways that allow for seamless movement, synchronization, sharing, and consistency across various storage and cloud-computing/multi-cloud environments is what leads to succesfully unlocking the full protentional of any data owned by an organization. 

iuvo is remarkably familiar with careful planning and thoughtful implementation of the types of well-designed strategies required to effectively manage these complex multicloud environments. To do so successfully is to create a data workflow that allows for complete harmonization ensuring data flows seamlessly between various cloud environments and data management tools. 

Starting with the right strategy data orchestration will not only lead to a streamlined process when it comes to adhering to your unique plan for data lifetime data lifecycle management (DLM), it will also allow for increased performance and speed of your database, from storage to retrieval and sharing among collaborative partners within the biotech and life sciences industries. 

 

How iuvo Can Help Biotech and Life Science Companies 

At iuvo, we know a comprehensive and scalable cloud-based data management solution will allow companies rapidly growing within the biotech and life sciences industries to continue doing what they do best: growing rapidly. 

Whether you’re in need of data retention and archiving, data access and retrieval mechanisms, advanced tracking for data usage within your organization, a robust strategy for maintaining high security and privacy posture regarding patient and user data, or streamlining of cloud environments for collaborative efforts among researchers within and outside of your company, iuvo has the knowledge and expertise to integrate with your team and provide seamless data  management services to fit the unique needs of your business. 

 

Contact us today to harness the full power of the cloud and unlock the potential of your data assets.