In Life Sciences, noncompliant commercial activities and workforce misconduct can cost companies reputational damage and monetary penalties that can reach billions of dollars annually. The situation is complicated by the growing prevalence of digital communication and the evolving regulatory environment, which make it difficult to detect compliance risks.
KPMG helps global life sciences companies leverage the power of big data cloud platforms and artificial intelligence (AI) to conduct more precise, proactive monitoring initiatives. Leveraging the Microsoft Azure cloud, KPMG is developing a secure managed web application to enable near real-time monitoring of Office365 data that may shorten risk detection timeframes from days to hours.
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