The regulated industries such as financial services, healthcare, and life sciences are expected to grow dramatically over the next 5-10 years. As an example, the contract research organization (CRO) market is expected to grow from USD 41 billion in 2021 to over USD 74 billion by 2027.
This type of growth will greatly increase the demand for localization services and technology and is expected to accelerate the adoption of next generation automation tools and processes.
At the same time, the regulatory landscape for the financial services, healthcare, and life science industries is rapidly evolving to keep pace with requirements for privacy, security, and data protection. These regulations include GDPR, HIPAA, PCI DSS and others.
In this session, we will look at some of the best practices related to privacy, security, data protection, and workflow automation for those involved in localization in the regulated industries.