Glossary

Digital Manufacturing (DM)

What is Digital Transformation?

Digital transformation is the process of integrating advanced technologies such as Artificial Intelligence, Internet of Things (IoT), Cloud Computing, Data Analytics, etc in products, services and operations for accelerating efficiency and fostering innovation.

What are the key components of digital transformation?

The key components or technologies that is steering digital transformation right now are Artificial Intelligence (AI), Internet of Things (IoT), Cloud computing, data-driven decision making, agile business processes, customer centricity, etc.

What is pharma digital transformation?

Pharma digital transformation is the integration of digital technologies in overall pharma operations, i.e., in drug discovery, clinical trials, manufacturing, supply chain management and patient engagement.

How is digital transformation is impacting drug discovery and development?

Digital transformation has accelerated drug discovery and development by enabling computational modelling. AI-driven large dataset analysis (like genomics and proteomics) and virtual screening of potential drugs. Digital transformation also streamlines clinical trials with remote monitoring and data analytics.