SOURCE: Arbour Group

February 22, 2011 08:00 ET

Arbour Group Life Sciences Customers See Rise in IT Spending in 2011

CHICAGO, IL--(Marketwire - February 22, 2011) - Arbour Group, a leading provider of regulatory products and services for life sciences firms, announced today the results of a customer survey about technology spending plans for 2011. The overriding trend is that customers are optimistic about IT spending as they see stability return to their businesses. The consolidation from the prior two years appears to be subsiding. Companies are looking to grow conservatively and take advantage of process improvements and productivity tools in order to keep new employee hiring at a minimum.

The demand for regulatory compliance products and services is anticipated to grow modestly. However, within that modest overall growth will be significant investment in productivity tools in the areas of software development, project management, automated testing, security/access and document management. Also the use of virtualization software will continue to accelerate server consolidations and in turn reduce the footprint required for data centers. Additionally, the rapid adoption of the Software as a Service (SaaS) subscription model will lead to a reduced investment in physical assets.

Arbour Group will continue to address these trends by offering solutions that are targeted to specific customer needs. In addition to providing software compliance packages, regulatory project management and professional validation services, Arbour Group has developed solutions for the high growth technologies coming into wide spread use that include:

  • Virtualization Qualification
  • SaaS Compliance
  • Data Center Assessment/Consolidation
  • Automated Test Tool Qualification & Testing Services
  • De-commissioning

"All of our customers are looking to derive long term savings from their Information Technology investments, while simultaneously advancing productivity," stated Alexander Patterson, President and CEO of Arbour Group. "Arbour Group can deliver significant value by helping clients maintain regulatory compliance while transitioning to new technology solutions."

"New technology and capability offerings present regulatory challenges that must be addressed prior to adoption of that technology," said Archie O'Leary, Vice President of Sales for Arbour Group. "We have the regulatory bandwidth to provide proactive guidance and planning that will ensure the transition to new technologies is within a compliance framework."

About Arbour Group

Arbour Group LLC is a leading provider of regulatory products and services for pharmaceutical, medical device and biotechnology companies worldwide.

Arbour Group's regulatory products include packaged validation protocols that help clients ensure that key enterprise software solutions are functional and in compliance with applicable regulations to minimize business risk. Regulatory services are based on a results-oriented software testing process that not only assures compliance and functionality, but also supports product quality and reliability.

Arbour Group has been lowering the cost of compliance since 1990 for over 150 multinational companies with a global presence including United States offices in California, Illinois, Massachusetts and New Jersey, along with facilities in Dublin, Ireland and Dubai, U.A.E.
For more information, contact Arbour Group at info@arbourgroup.com.

All trade names, trademarks, and service marks are the rightful property of their respective owners.

Contact Information

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