Biotech Industries and Bioinformatics: There is always been a problem in handling growing business demands. Especially in Life science companies like Bio-Technology and Pharmaceutical companies. These companies involve in finding new medical therapies, development and production of drugs to use as medication in curing diseases. Their research assignments generally produce enormous amount of data. It causes troubles in data conversion, storage and integration. Life science informatics or bioinformatics can be simply explained as gathering, managing and processing these pieces of generated biological information. It plays a crucial role in the development of pharmaceutical and biotechnology industries.

Bioinformatics - Challenges and Solution: Bioinformatics provides a devastating group of challenges. The handling and maintaining of huge amount of data makes it hard to concentrate on the core business. It does not allow enough time for the standards to establish themselves in the field regardless to its rapid growth rate. Here the offshore outsourcing comes into rescue. Outsourcing has been proven to be one of the effective solutions for biotech companies to acquire great results in efficiency, cost reduction and in productive aspects. Speaking about outsourcing the next logical question pops out would be if that particular process in life science informatics can really be outsourced? Well, if you consider outsourcing to India you can get any kind of talent in any kind of process. It is absolutely not an overstatement. Right now about 50% of the world’s outsourcing is being done to India.

Factors Driving Bioinformatics Outsourcing to India: According to a research, when compared to other developed countries India offers about 30-40% costs savings in overall drug discovery research and approximately about 60% cost savings when outsourcing core bioinformatics services. Besides these statistics the quality of the output given by the Indian bioinformatics outsourcing companies stands incomparable with any other outsourcing destinations in the world. Definitely a question will arise while reading this. How it is possible only in India? Well, there are many technical reasons that can be explained for this question. Some of the factors enabling this lower cost rates without compromising in quality are,

1) Well trained and experienced workforce 2) Better education in biology 3) Lower pay costs for skilled manpower 4) Strong service capabilities 5) Lower infrastructure costs 6) Supportive government policies 7) Time zone advantages

Benefits in Outsourcing to India: Outsourcing to India also reduces the operating costs, increase efficiency and decrease development period to launching period timelines. These factors drive to further reduction in R&D costs and are fueling the outsourcing of bioinformatics services to India. Regardless of these; the high quality of output in more sensitive works like data mining, data processing makes the bioinformatics outsourcing services companies of India more trusted and dependable by the Pharmaceutical and Biotech clients around the globe. A new study has revealed that the Indian bioinformatics services outsourcing opportunity is expected to grow almost double by 2010 that is up to USD 62 million. These studies clearly state one thing. The confidence to outsource bioinformatics work to India has boosted up among the pharmaceutical and biotech industries along with the growth of the industry.

Informatics Outsourcing, an analytics and research company provides expert services and cater to the outsourcing needs of Pharmaceutical and Biotech clients around the globe. They have carved out a niche for themselves on domains in the Pharma and Biotech industries that require outsourcing. Visit: http://www.informaticsoutsourcing.com/