Choosing an IT Service Provider for Your Biotech Startup Company

Posted by Steven Vigeant on 6/25/13 12:20 PM

Biotech startups often have to rely on a modest amount of initial funding to set up their entire operation. Getting the most out of these limited funds takes careful planning and budgeting. Balancing value with quality, separating wants from needs, and planning realistically for both the present and the future are not easy for any new company.

You may be scrambling to get started, but don't neglect to take the time necessary to carefully vet your suppliers and service providers. It is far less expensive and time-consuming to make the right choice from the start than having to make a change several months in. Whoever provides you with IT infrastructure consulting, service, and support should receive a similar vetting. Keep the following considerations in mind when selecting an ITO provider.

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Topics: IT Outsourcing, IT Outsourcing, Biotechnology Startup, Biotech, IT Infrastructure, IT partners, ITO

Why You Must Reduce Your Biotech Startup's Costs With IT Outsourcing

Posted by Steven Vigeant on 6/20/13 5:38 PM

Maximizing the value of your angel funding or early stage investment has to be a priority for any biotech startup. If you can't prove your concept with the money you have initially been given, it is extremely difficult to secure more. That is why managing startup costs is so important. The way you budget investment funding could be the difference between success or failure.

IT is one business startup cost that you can you shouldn’t underestimate. Both your laboratory, administrative and communication operations are very much dependent on your IT infrastructure. That being said, there are ways that you can get better service while also paying less. Outsourcing your data management, storage, and security needs to an IT service provider can spare you stress and unnecessary expenses. In your earliest days in business, when you must do everything to prove that you are a viable company, this is one easy way to cut costs. These are just a few of the benefits of IT outsourcing:

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Topics: IT Outsourcing, Small Business IT Support, Biotechnology Startup, Biotech, ITO

Growing Your Biotech Startup Business with a Secure IT Infrastructure

Posted by Steven Vigeant on 6/18/13 2:04 PM

The success or failure of your biotech startup is dependent on many things, from the strength of your technology, to the quality of management, to your relationship with investors. But one of the most consequential and frequently overlooked factors is the IT infrastructure you have in place on your first day of business. When starting up a small business in the biotech sector, your technology has to be set up to capitalize on opportunities and avoid setbacks. Every business startup does better when it has the right tools in place from day one. You can help your biotech company manage the benefits and hazards of growth by keeping the following IT concerns in mind.  

Data Backup

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Topics: IT Outsourcing, Small Business IT Support, IT Support, Biotechnology Startup, IT Efficiency, Biotech, IT Infrastructure, Small Business IT Security, ITO

Cloud Power: How to Protect and Secure Your Biotech Startup's Data

Posted by Steven Vigeant on 6/13/13 2:05 PM

Cloud computing has revolutionized the way that biotech startups are thinking about IT. Having the ability to store data, run servers or applications, and security safeguards off-site can make the process of managing technology easier for most companies. Cloud solutions are changing the ways that startups set up their IT infrastructure, and also the way that established companies prepare for the challenges of the future.

Moving your data or processing power to the cloud presents exciting opportunities, but it is important to embrace the technology in a careful, measured way. Haphazardly moving all of your company's information onto cloud-based networks can create as many problems as it solves. In order to get the most out of this exciting new technology, be sure to keep the following considerations in mind.

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Topics: Cloud IT Solutions, IT Outsourcing, IT Outsourcing, Biotechnology Startup, Biotech, Data Security, ITO, Big Data

The Big Data Challenges of a Biotechnology Startup Company

Posted by Steven Vigeant on 6/11/13 2:33 PM

Today's high-tech laboratory experiments can produce astonishing amounts of data. Some biotechnology startups have to deal with the challenge of trying to manage over a petabyte of information. To put that into context, a single petabyte is equivalent to 125,000 8GB iPhones. But even trying to store, backup, and manage tens of terabytes of data is a problem for many small biotech companies.

The average IT network is not equipped to deal with the massive data storage demands of a biotechnology startup. That is why “big data” is such a hot topic in the biotech community right now. Companies of all sizes, running a wide variety of experiments, are struggling to make the most out of the explosion of information that is coming out of their labs. In order to avoid common pitfalls, keep the following concerns in mind when you are first setting up your IT infrastructure.

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Topics: Cloud IT Solutions, IT Outsourcing, Biotechnology Startup, Biotech, Data Security, Big Data

5 Basic Business Needs for a Biotech Startup's IT Infrastructure

Posted by Steven Vigeant on 6/6/13 2:55 PM

In an industry that relies on technology as much as biotech, the strength or weakness of your IT infrastructure can play an important role in the success of your company. Well planned, quality systems and processes can make your business more efficient, profitable, and innovative. Conversely, hastily planned and implemented systems can lead to costly setbacks and potentially waste your valuable investment funding. Biotech startups must keep the following concerns in mind when they are setting up their first IT infrastructure.

1. Security

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Topics: IT Outsourcing, Small Business IT Support, Biotechnology Startup, Biotech

The Anatomy of a Scalable IT Infrastructure for Biotech

Posted by Steven Vigeant on 6/4/13 4:17 PM

The IT needs of a biotech company, especially a small one in the initial stages of funding and research, can change overnight. Experimental breakthroughs (or failures), influxes of capital, and new contracts can cause your existing IT infrastructure to suddenly become inadequate, even ineffective. All biotech startups need to prepare for the speed and consequence of this change. If you are not ready to shift your IT capabilities as rapidly as your business needs change, workflows can slow or break down, and these processes may end up needing to be changed to meet the new demand. You could also end up with data dispersed in different locations while you try and implement a new system thus potentially putting valuable data in jeopardy.

Instead of scrambling when the needs of your company inevitably change, make sure that you have an IT plan in place from your first day in business that can scale itself to the needs of your company. Scalability is a crucial but often overlooked feature of biotech IT systems. It is never too early to find the right outsourced IT provider to help you in the early stages develop this plan. Even if you feel that you don’t have much business to offer this company, they should be interested in helping you in these early stages as there is almost guaranteed business in the future for them. As you work with your IT services provider to develop an adaptable technological base for you company, keep the following concerns in mind:

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Topics: Cloud IT Solutions, IT Outsourcing, IT Outsourcing, IT Support, Biotechnology Startup, IT Efficiency, Biotech, Data Security, Big Data

How to Keep Your Biotech Business Going After a Disaster

Posted by Steven Vigeant on 5/30/13 11:17 AM

No matter how safe, secure, and well-equipped  your office and laboratory is, unexpected events can still cause costly setbacks. Major storms, utility work, or problems at your facility can cause your  operations to come to a halt..  And as you can imagine these kinds of events can cause damaging impact to meeting milestones and deadlines. Disasters come in many forms, but some of the most common and consequential ways that they affect startup biotech companies is in the area of information technology. From short brown outs in your buildings power, a small fire that causes damage or sets off sprinkler systems, water main breaks can leak water into your office and labs or extended power events and complete building disasters can cause real problems. Even problems with your IT equipment can cause these issues even if you have proper support on them. I have seen instances when the hardware vendor cannot get you a replacement part on time causing hours or even days of downtime. When power is lost or internet connections fail, the IT systems that your experiments and business communications rely on can become completely ineffective. Every biotech startup business needs to have a plan in place for when the unexpected happens. Being prepared for any possible contingency is the most reliable way to ensure that you are meeting all of the goals that you have established in your business plan. Developing a backup and disaster recovery (BDR) along with a Recovery Time Objective (RTO) plan with your expert IT service provider can help you keep your company running at near or full capacity, no matter what is going on around you.

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Topics: Cloud IT Solutions, Backup and Disaster Recovery, Small Business IT Support, IT Support, Biotechnology Startup, Biotech, IT partners

Why Biotech Firms Should limit Their Staff's Admin Rights

Posted by Steven Vigeant on 5/29/13 3:42 PM

In the early and often hectic days of getting your Biotech startup off the ground it is easy to overlook the computer use and security policies you should implement before your company really gets going. Allowing admin rights to computers, servers or file systems is often due to the mistaken belief that this will promote flexibility and adaptability as researchers try to gather and analyze as much experimental data as they can in a short period of time. But there are important reasons that you should limit your staff's access to admin rights. Here are four:

1. Data Loss

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Topics: IT Security, Biotechnology Startup, Biotech, Data Security

Why Big Data is Changing How Biotech Startups Plan IT

Posted by Steven Vigeant on 5/23/13 5:04 PM

If there was any doubt about how important big data is to today's biotech industry, simply consider the recent donation made by Li Ka-shing, the richest man in Asia, to Oxford University. He gave $31 million to the school to help fund a research center dedicated to exploring the challenges and opportunities of big data. The Li Ka Shing Centre for Health Information and Discovery will employ over 600 scientists to help develop innovative ways for the biotech industry to get the most out of the massive amounts of information that their experiments are producing.

Big data has changed the IT demands of every biotech company, regardless of size. In order to be successful in today's research climate, you need to have the IT infrastructure to manage the important data your company is producing. Here are two important sources of data that many biotech companies will need to store and manage in coming years

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Topics: IT Outsourcing, IT Outsourcing, Biotechnology Startup, Biotech, Big Data


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