What does a Digital Transformation in the Pharma Industry look like?

What does a Digital Transformation in the Pharma Industry look like? The pharmaceutical industry differs from other industries in that digital transformation is critical for improved patient care, cost-effectiveness, greater transparency, production, and drug development. As the article mentioned above showed, digital transformation in the pharmaceutical industry will enable the industry to manufacture counterfeit-proof medications, …

The rise of India as a healthcare giant is no surprise

India Rising Even before the historic Portugal-to-India voyage of Vasco da Gama in the 15th century, India fired the minds of traders and merchants. Today, 600 years later, the healthcare industry is feeling the allure of the subcontinent. The attraction is justified. India has become the largest vaccine supplier in the world, producing 62 percent …

The Emerging Role of Big Data and Machine Learning in Drug Discovery

The terms “big data”, “machine learning”, and “artificial intelligence” have been trending in the AI drug discovery space for several years, both in mainstream media and academic press. These new technologies are believed to make drug discovery cheaper, faster, and more productive, while also promising to enable personalized medicine approaches (e.g., advanced biomarkers, improved patient …

Challenges in Pharmaceutical companies

The life sciences and pharmaceutical industry has seen tremendous growth and development over the past few decades, with advancements in research and technology leading to groundbreaking discoveries in medicine. However, despite the progress, this industry still faces several challenges that hinder its progress and success. In this article, we will discuss some of the significant …

SMART MANUFACTURING – A REALITY

Business Agility and digital maturity in manufacturing were gaining focus as customers demanded more transparency into the production process, smart manufacturing through cloud-based technologies has been handy to simplify digital transformation. Manufacturers have started using their operational data to improve overall effectiveness (OEE) and leverage Artificial intelligence (AI) and Machine learning (ML) for real time …

Overcoming Manufacturing Delays in China: The Power of Quality Assessment Services

The Costly Impact of Manufacturing Delays: Manufacturing delays can have severe consequences for businesses, impacting their bottom line, customer satisfaction, and overall competitiveness. Some of the key ramifications include: Increased Costs: Delays in manufacturing result in extended production timelines, which often lead to additional costs. These costs can arise from overtime wages, expedited shipping, storage …

Digital Transformation for Manufacturing: An Answer to the “Why”

Manufacturers worldwide are increasingly recognizing the immense value and potential that digital transformation brings to their operations. It is not just a passing trend but a strategic imperative that propels organizations towards a future-ready, competitive edge. So, why do manufacturers care about digital transformation? Let’s explore some key reasons: 1️⃣ Enhanced Operational Efficiency: Digital transformation …

Telecom Implementations Are Messy – How Can The Suppliers Clean It Up?

If you google the question “How many technology projects fail?” you will find many sources that give some approximation of the following data taken from the article “Are These The 7 Real Reasons Why Tech Projects Fail”, by Bernard Marr: 25% of technology projects fail outright 20-25% of technology projects never show any return on …

Travel and Hospitality: Adapting to the “Next Normal” with Blockchain Technology

In May 2020, Deloitte mapped out 4 potential scenarios for the global travel and hospitality industry to get to the “next normal.” Each scenario evaluated known unknowns such as disease severity, government collaboration, healthcare response, economic consequences, and social cohesion. Its conclusion arrived at several overarching themes, which would need to be addressed in order …