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The 5-Step Enterprise Data Strategy to Power Innovation in Life Sciences
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The 5-Step Enterprise Data Strategy to Power Innovation in Life Sciences

19 Jun 2025

Introduction

The life sciences industry is at an inflection point, where data has become both its greatest asset and its biggest challenge. The surge in first-, second-, and third-party data sources offers vast potential, yet extracting meaningful insights is increasingly difficult due to overlapping use cases, regulatory demands, and evolving technologies.

Factors such as shifting compliance landscapes, dynamic go-to-market models, industry consolidation, and the rise of GenAI and IoT-enabled real-time data to have further intensified the data challenge. In this environment, a clear, enterprise-wide data strategy is no longer a choice—it is a strategic necessity.

This whitepaper provides a structured five-step framework to help life sciences organizations craft a data strategy that is not only future-ready but also business-driven. And that’s not all—inside, you’ll also find an exclusive Data Strategy Maturity Assessment Tool to help you benchmark your current state and uncover clear, actionable next steps.

Unveiling Top Challenges in Life Sciences Data Management

As life sciences organizations continue to evolve, so do the challenges associated with managing and leveraging data effectively.

Without a comprehensive enterprise data strategy, these challenges will persist and limit innovation and business growth. A data strategy is more than just technology or infrastructure—it demands executive vision, business alignment, and a structured approach to value creation.

This brings us to the next critical question: how can organizations design an enterprise data strategy that drives real business impact?

Decoding Enterprise Data Strategy

An enterprise data strategy is a comprehensive, long-term plan that outlines how an organization will leverage its data assets to achieve its strategic business objectives. This encompasses technology, processes, people, and governance necessary to collect, store, manage, analyze, and utilize data effectively and ethically.

An enterprise data strategy is a comprehensive, long-term plan that outlines how an organization will leverage its data assets to achieve its strategic business objectives. This encompasses technology, processes, people, and governance necessary to collect, store, manage, analyze, and utilize data effectively and ethically.

5 Steps to Creating a Robust Enterprise Data Strategy

We have developed a five-step enterprise data strategy framework to help organizations unlock the full value of their data.

Step 1

Define your North Star

In the first step, establish a clear data vision, identify and prioritize key business drivers, and define your success criteria. At the core of this step are the Chief Data Officer (CDO), Chief Marketing Officer (CMO), and business leaders, who must collectively shape the organization's data vision.

Define data vision

A clear and actionable data vision guides every decision across the organization. It defines data goals, priorities, and long-term objectives aligned with business strategy and culture.

For instance, a biopharma company’s data vision might state: “Leverage data to drive personalized HCP engagements, optimize treatment pathways, and enhance patient outcomes, while ensuring the highest standards of data privacy and regulatory compliance across all operations.”

Effort versus priority mapping for different critical drivers

Step 2

Align and communicate with your stakeholders

Make sure your data strategy aligns with your business goals. Without that alignment, it is harder to demonstrate how data supports transformation efforts, and easier to miss out on partnerships that can drive growth.

Engage key stakeholders

Map decision-makers across market access, patient services, digital and marketing, customer engagement, and brand teams to align efforts with business goals.

Articulate business value and expected outcomes to gain stakeholders’ buy-in. This includes:

  • Qualitative outcomes that align with the organization’s vision
  • Measurable and quantifiable outcomes that define success

Step 3

Align and communicate with your stakeholders

A data strategy maturity assessment helps evaluate your current capabilities, pinpoint gaps, and prioritize investments to align with business goals. This step provides a clear blueprint for strengthening data governance , technology, processes, and culture—ensuring your strategy is built for long-term success.

Capture the current state

Evaluate where your organization stands across the four categories as described above to identify strengths, limitations, and gaps that impact your capability development.

Understanding the current state and gaps in your data strategy with an example.

Established competenciesStrategic gaps
Critical driver: Drive better patient experienceSpecialty pharmacy reporting on dispense and statusAdvanced Predictive Reporting on high-risk non-adherent patient groups
Critical driver
category
Data sourcesAPLD
Internal Patient Hub
Specialty Hub
IoT Sensors and Devices
RWD (Lab, Bio-Markers)
Data collection and reportingLack of integrateddata set from internal/ RWD and other sata sets including digitial
TechnologySnowflakeGood technical knowledge on SnowflakeCloud ML and next-gen predictive capabilities
PeopleProduct owner
IT owner
Stakeholder management
Backlog management
Cross-functional integration
Long-term value creation
ProcessGovernance and compliance
Build and deployment methodologies
Established manual deployment processLack of approval and automation

We structure data strategy maturity assessment into four key categories.

01

Data (based on use case)

  • Data sources (first, second, and third-party)
  • Data architecture
  • KBQs based on data sources and user personas
  • Ability to solve integrated data challenges
02

Technology

  • Master data management
  • Data and integration engineering
  • Metadata management
  • Advanced analytics
  • Reporting and visualization
  • Cloud and GenAI capabilities
03

Process

  • Data governance
  • Deployment standards
  • Compliance and review process
04

People

  • Organizational structure and roles
  • Skills and competencies
  • Support systems (vendors or partners)

You can assess your data strategy maturity level by answering a set of questions based on the above four categories and get specific recommendations here.

After conducting the assessment, you can determine your organization’s current standing on the Enterprise Data Strategy Maturity model.

Progressive stages of data strategy maturity

Step 4

Create a solid blueprint for your enterprise data strategy

A strong enterprise data strategy isn’t just about technology—it’s about making data work for your business. This means taking a structured, risk-aware approach and deciding whether to continue, migrate, or upgrade existing data and technology assets to meet enterprise standards.

Build a roadmap for your target state

Determine whether your strategy is offensive or defensive.

Decide on a centralized or decentralized data architecture, such as Data Mesh, Data Fabric, Data as a Product, or Data Lakehouse.

Focus on key technology enhancements, including integrated data sources, data quality and adoption, security and compliance, real-time integration, and hyper-automation with Gen AI.

Adopt a scalable, cloud-first tech stack with microservices, ensuring security and compliance.

Break down data silos by integrating data across functional areas such as patient services, market access, sales transactions, account performance, digital, and engagement.

Step 5

Ensure continual evaluation and improvement

Your enterprise data strategy is not a one-time effort—it needs continuous monitoring, adaptation, and enhancement. To stay ahead, you must adopt next-gen technology, strengthen data literacy, and foster a culture of feedback-driven improvement.

Sustain and monitor outcomes

Establish monitoring and feedback loops with internal and external stakeholders to refine initiatives.

Measure progress across all four readiness quadrants to sustain improvements and address gaps.

A Success Story

A leading global pharmaceutical company sought to enhance its omnichannel data strategy to drive measurable improvements in omnichannel performance and customer engagement. However, it encountered a few challenges.

  • A slow and manual process for extracting and analyzing omnichannel data from media partners delayed optimizations.

  • A fragmented data pipeline with multiple hops led to poor data quality and made it difficult to generate reliable insights.

  • Media partners controlled data rules and processes that limited the company’s visibility and governance over its own measurement framework.

Our approach

We created a clear blueprint and roadmap to bring all processes in-house. This gave the client direct control over media partner relationships and improved efficiency. We implemented a robust data governance and quality framework across all media channels to enhance consistency and trust in the data.

Additionally, we established analytics-ready and reporting-ready datasets to serve as a single source of truth for omnichannel analytics, reporting, and marketing teams.

Outcomes we drove

Improvement in channel classification and standardized data formats made reporting and insights more accurate and actionable. It also cut data lag from four weeks to days, allowing the marketing mix modelling team to execute faster channel optimizations.

Additionally, data adoption improved with consistent metrics across functional teams and the integration of data catalog and lineage tools.

Key Takeaways

A well-executed data strategy helps life sciences organizations break data silos and unlock full value from their assets. With a structured approach—from vision to stakeholder alignment, maturity assessment, and scalable design—data becomes a driver of growth.

By combining real-time, AI-driven analytics with strong governance, companies can improve decisions, streamline operations, and personalize engagement. But lasting success takes more than just technology.

Here are a few takeaways you should consider.

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Integrate data across business units
to break down silos and enable real-time decision-making.
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Leverage AI and automation
to improve efficiency and generate predictive insights.
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Adopt a cloud-first, scalable architecture
to enhance security, compliance, and operational flexibility.
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Establish strong governance and compliance measures
to ensure data integrity and regulatory alignment.
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Build data literacy and upskill teams
to empower employees with the tools and knowledge to make informed decisions.

Authors

Rakesh Jayaram
LinkedIn
Kumaravel Krishnamoorthi
LinkedIn
Vikas Mahajan
LinkedIn

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