AI Trends Reviewed 2024 & 2025 Predictions - Expert Insights From Top Biotech CIOs

Biotech Bytes: Conversations with Biotechnology / Pharmaceutical IT Leaders

Hi Everyone! Welcome to the Biotech Bytes by The Swan Group
As we close out 2024 and look toward 2025, what lessons has AI taught us, and what can we expect in the future? Please visit our website to get more information: https://swangroup.net/
In this powerful discussion, eight biotech and technology CIOs—Bill Pierce, Ganesh Iyer, Bill Wallace, Rajvir Madan, Shola Oyewole, Eduard de Vries Sands, Elisabeth Schwartz, and James Schluter—reflect on AI's real-world impact in 2024 and share bold predictions for 2025.

Specifically, this episode highlights the following themes:

• Reflections on AI’s role in 2024 and expectations for 2025.
• Key strategies for addressing data governance and compliance.
• The role of culture and collaboration in driving tech adoption.

Links from this episode:

• Get to know more about Bill Pierce: https://www.linkedin.com/in/technologyleader1
• Get to know more about Bill Ganesh Iyer: https://www.linkedin.com/in/ganeshiyer2002
• Get to know more about Bill Bill Wallace: https://www.linkedin.com/in/williamwallace2
• Get to know more about Bill Rajvir Madan: https://www.linkedin.com/in/rajvir-raj-madan-3a74252
• Get to know more about Bill Shola Oyewole: https://www.linkedin.com/in/sholaoyewole
• Get to know more about Bill Eduard de Vries Sands: https://www.linkedin.com/in/eduarddevries
• Get to know more about Bill Elisabeth Schwartz: https://www.linkedin.com/in/elisabeth-schwartz-76198215
• Get to know more about Bill James Schluter: https://www.linkedin.com/in/jamesschluter
• Get to know more about Steven Swan: https://www.linkedin.com/in/swangroup

Chapter

1. Introduction (00:00:00)

2. Define governance, align business, clarify AI confusion (00:07:27)

3. Educating businesses on AI complexities and limitations (00:16:23)

4. Understanding AI's role in business data integration (00:17:48)

5. Evaluating AI's ROI versus effort and cost (00:27:57)

6. Generative AI as dialogue, not search engine (00:30:40)

7. Implementing AI tools for improved productivity (00:37:19)

8. AI enhanced data precision; strategic initiatives; future growth (00:49:22)

9. Testing digital diagnosis software for business value (00:52:52)

10. Assess culture for AI readiness and adaptability (00:58:50)

11. Influence culture by celebrating success and improvements (01:03:39)

12. Exposed proprietary pharma data via ChatGPT experiments (01:07:58)

13. Cybersecurity and AI revive data focus (01:16:38)

14. Focus on cybersecurity and customer service responsibility (01:19:50)

15. AI evolving; potential for increased productivity later (01:23:23)