Infographic: The High Cost of Data Management Churn

The High
Cost of Data Management Churn

Current State

There are not enough highly qualified Data Managers (DMs) to work on your projects.
There are
4,000+
open DM jobs1

There is a high turnover rate in data management



The Problem is Compounding


70%
coming from outside of EDC2
Trials are increasingly complex

Technology infrastructure lagging

Manual work takes a long time

75%



The Dead-End Cycle of Burnout


Remaining team works 15 - 30% harder
Lose team member

Team burns out

67%
of all workers believe burnout has worsened during the pandemic.3



Losing a Team Member You Lose:


Almost 1/2 of your time spent: 4
- Transitioning work
- Recruiting
- Training new hires
for 4 months
You are forced to...
Only focus on critical path work
De-prioritize important initiatives such as planning & standardization



What if I outsource everything?


A New Way Forward with the elluminate Clinical Data Cloud
The Result




The High
Cost of Data Management Churn

Current State
There are not enough highly qualified Data Managers (DMs) to work on your projects.
There are
4,000+
open DM jobs1
There is a high turnover rate in data management

The Problem is Compounding

70%
coming from outside of EDC2
Trials are increasingly complex


Technology infrastructure lagging
75%
Manual work takes a long time



The Dead-End Cycle of Burnout

Remaining team works 15 - 30% harder
Lose team member

Team burns out
67%
of all workers believe burnout has worsened during the pandemic.3

Losing a Team Member You Lose:


Almost 1/2 of your time spent: 4
- Transitioning work
- Recruiting
- Training new hires
for 4 months
You are forced to...
Only focus on critical path work
De-prioritize important initiatives such as planning & standardization


What if I outsource everything?

A New Way Forward with the elluminate Clinical Data Cloud
The Result




The High
Cost of Data Management Churn

Current State

There are not enough highly qualified Data Managers (DMs) to work on your projects.
There are
4,000+
open DM jobs1

There is a high turnover rate in data management

The Problem is Compounding

Trials are increasingly complex
Volume, velocity and variety overall – accelerated by decentralized data sources.

70%
coming from outside of EDC2
Technology infrastructure lagging
75%
of companies are still using SAS or EDC/Excel as the core of their data integration and review strategy.
Manual work takes a long time

Data review using SAS & Excel is difficult, manual and time consuming and suitable for greater automation!


The Dead-End Cycle of Burnout

Lose team member

Team burns out
Remaining team works 15 - 30% harder
67%
of all workers believe burnout has worsened during the pandemic.3


Losing a Team Member You Lose:

Almost 1/2 of your time spent: 4
- Transitioning work
- Recruiting
- Training new hires for 4 months

You are forced to...
Only focus on critical path work
De-prioritize important initiatives such as planning & standardization


What if I outsource everything?
Having your data spread across numerous vendors only compounds the problem - impacting data quality & timelines. The providers you work with are experiencing, on average, higher churn rates.

A New Way Forward with the elluminate Clinical Data Cloud
The Result




With the global pandemic came a surging phenomenon in the United States that’s being dubbed as “The Great Resignation”. According to the Labor Department, a record 4.3 million U.S. workers quit their jobs in August, a figure that expands to 20 million if measured back to April. Every industry has felt the strain of long-standing employees calling it quits on their current position in pursuit of something else.
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