00:00 Welcome to CIO Leadership Live. I’m Lee Rennick, executive director of CIO communities for cio.com, and we’re here right now at the CIO 100 Symposium and Awards. And I’m with Bob McCowan, senior vice President and Chief Information Officer, Regeneron. Thanks so much for joining me here today, Bob. It’s been a really active few days here at the conference.00;00;30;07 – 00;00;55;07UnknownCould you please introduce yourself and maybe tell us a little about your current role? Yeah, absolutely. It’s great to meet you, Lee. So Bob McCowan, I’m the CIO at Regeneron Pharmaceuticals, and, I’ve been in the role six years. My role there is fairly traditional for CIO. But unlike the title, it’s, covering things from data to transformation to, technology.00;00;55;07 – 00;01;18;49UnknownSo it’s a pretty all encompassing role. I actually joined the company prior, so I was promoted to CIO from within Regeneron, which has its advantages. Right? Some disadvantages. Right. But having run the infrastructure, we had started on a whole modernization program. So going in CIO, I was really able to pick up on that and move forward.00;01;18;54 – 00;01;38;24UnknownYeah. And a lot of CIOs talk about the relationship they have the C-suite, the other C-suite and the board of directors. So certainly it seems like you had that knowledge base come in into the company that’s been put up into the role of the CIO. Yeah, absolutely. It definitely helped. And I think, Regeneron’s a founder led organization.00;01;38;24 – 00;02;00;25UnknownRight. They’re still there. Right. And a terrific job. Yeah. And it creates a culture, I think, where, there’s a little bit more risk taking than other organizations I work for because of the science based approach and the whole, approach is now you do well by doing good, right? That creates, type of excitement that I just didn’t see in some other organizations.00;02;00;30 – 00;02;23;03UnknownOh, fantastic. Well, congratulate to Regeneron for winning the CIO 100 Award. We’re having the gala tonight. It’s going to be fantastic to celebrate all of this amazing technology that people like yourselves are really embracing and pushing forward in their organizations. Could you tell me a little bit about the award winning project? It’s called Centralized Data Platform Using Data to Uplift Science, so I’d love to learn more about it.00;02;23;08 – 00;02;52;39UnknownYeah, absolutely. And, the centralized data platform is, I guess, the result of a lot of investments in the past few years. But, it’s at the simplest level, what we do is we research and find drug candidates. We, then go to what we call PMP, which is, pre manufacturing, and they learn how to scale it up, but they then have to transfer it into, tech transfer to manufacturing at large scale.00;02;52;50 – 00;03;16;36UnknownRight. And so there’s a whole process from how you take it from research to the, to what we call AIOps industrial operations. And we have 12 FDA approved products. Right. Clearly, this group know what they’re doing. Yeah. But the opportunity arose to really go back and look and look at the process and how they engaged and what this does.00;03;16;36 – 00;03;36;41UnknownIt creates a essentially a data platform that takes all the data from those processes. Provides it in a way that, each person in the step of the process can get access to it. Yeah. And in doing that, we started to see that those groups sometimes spoke a different language. They talked about the same data, but in different ways.00;03;36;42 – 00;03;57;18UnknownRight. The way they transferred data was now legacy based, PowerPoint slides. Excel. Yeah, yeah. Or you needed to know who to talk to. And so by capturing this data in the platform, we simplified that process and made it much smoother. And, and and the biggest success, to be honest, was bringing those individuals and subject matter experts together.00;03;57;23 – 00;04;17;10UnknownAnd it was able help them. Yeah. Able to help them, empower them to put this program in place. It sounds fantastic. Now, a lot of great outcomes as a result of this. Yes. And, we’re looking at other areas we can take. Well, it sounds fantastic. And congratulations. Well, I do speak with a lot of CEOs.00;04;17;10 – 00;04;34;21UnknownI interview them and we have roundtables, and we talk a lot about cloud and edge to cloud computing and just managing the data. Right. Making sure it’s in the right place. Sometimes, you know, people are talking to me about bringing data back on prem. I spoke to one person who said to me, we just don’t do that at all because of the way our business has been structured.00;04;34;26 – 00;04;55;29UnknownBut, you know, I would love to learn some of your process. And looking at central, this centralizing data and then, you know, looking at that productivity and process, any insights you could provide to other CIOs are tech leaders listening in. So not everyone might want to hear this, but it takes a long time. Yeah. And I mentioned earlier I was helping, modernize the infrastructure.00;04;55;29 – 00;05;20;08UnknownYeah. And a big part of that was actually transition to cloud. Right. We took a native cloud approach and moved probably 60, 70% of everything we do to cloud. But we did that very thoughtfully. So we identified what made sense to stay on premise. And then in the move to cloud, we also, refactored it and redesigned it to make sure we took the benefits.00;05;20;12 – 00;05;41;24UnknownSo once you get it into the cloud, you suddenly realize that you can deal with much bigger data sets. You can connect to data, right? This idea of connected data comes into play. And so when you start building on that and in fact this is our fourth CIO 100 award in five years. Wow. And when you go back and look at them all the same is data.00;05;41;24 – 00;06;04;26UnknownData right. Right. And so the approach we took was we’ve got to have that, data platform that is