Why Cross-Industry Collaboration Can Increase Opportunities to Create the Life Science Industry Lab of the Future

The Lab of the Future is a generic term that was, and still is, being used by many life science organizations to define how their current laboratories will tend to transform with the impacts of digitalization and automation. The complexity of building an integrated ecosystem of people, process, technology, and data requires a strategy that embraces a multidisciplinary approach. Many organizations developed their in-house capabilities and had to face different challenges along the way, at their own risk and expense. By bringing together the industry players into a pre-competitive environment, the Pistoia Alliance helps them identify the common bottlenecks in their digitalization path and learning from each other - as much from their missteps as from their successes - devise common solutions to these common problems with shared-risk, shared-reward business model.