Monday, 14 October 2019

Digital Transformation of Pharmaceuticals and Healthcare


As with other sectors of the economy, pharmaceuticals and healthcare is undergoing digital transformation and with some companies this is continuing at a rapid pace as companies attempt to mine the sources of data available.

For those involved with the industry, this means an array of new abbreviations, initialism and acronyms to learn. Terms such as: artificial Intelligence, machine learning, internet-of-things (or the ‘industrial’ internet-of-things -IIOT), blockchain, augmented reality, predictive analytics, big data analytics, Industry 4.0 (or Industry X.0), digital twins, and telehealth are becoming part of the modern manufacturing lexicon.

Tim Sandle has written an new article:

Industry 4.0 is the subset of the fourth industrial revolution and it concerns the digital age and the interconnected manufacturing process, plus design of new products and controlling distribution. The route to get there is through digital transformation; and this process has many journeys, ways of thinking and different technologies, which include those centered on smart manufacturing, such as cyber-physical systems, the internet of things, cloud computing, and artificial intelligence. Central to all of this is data and the value that can be drawn from data, either for gaining real-time metrics about operations, production, inventory control, and quality data; to controlling the supply chain (such as through blockchain, which is a digital ledger); and using data for the purposes of predictive analytics.

The reference is:

Sandle, T. (2019): Digital Transformation of Pharmaceuticals and Healthcare, Institute of Validation Technology Blog, published July 2019.

To access, see: http://www.ivtnetwork.com/article/digital-transformation-pharmaceuticals-and-healthcare

Posted by Dr. Tim Sandle, Pharmaceutical Microbiology

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