Uploaded on Mar 7, 2022
Digital transformation of the pharmaceutical sector promises an array of benefits ranging from accelerated medicine delivery and end-to-end pharma supply chain visibility to tracking counterfeit drugs and improved compliance adherence.
Fulfilling the Digital Promise for Medicine_Navigate The New
NAVIGATE THE NEW
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Fulfilling the Digital Promise for
Medicine
1. Traditionally averse to using complex technologies, the pharmaceutical industry
today is open to innovation. Its interest in digital transition got sharper after
experiencing major supply chain disruptions induced by COVID-19.
2. Since the pandemic, automation and other digital techniques have been speedily
implemented on the manufacturing side of things, where companies had to ensure
gaps between supply and demand are closed.
3. Besides improving the production yield and time to market, the pharmaceutical
sector is now also adopting digitalisation to optimize product quality management,
minimise batch rejection, conduct better research on drugs and reduce operational
costs.
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Digital Solutions for Pharmaceutical
Companies
• Digital transformation of the pharmaceutical sector promises an array of benefits
ranging from accelerated medicine delivery and end-to-end pharma supply chain
visibility to tracking counterfeit drugs and improved compliance adherence.
• With data-driven predictive analytics and connected devices, the industry can also
eliminate the high levels of downtime pharma plants typically experience.
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• The good news is that the pharmaceutical sector
does not need to wait for any major disruption to
seize digitalisation opportunities. COVID-19 has
already triggered a movement, and companies
have numerous plug-&-play tools tailor-made for
them by evolving technology solution providers.
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Startups at the SAP Industry Innovation
Week
At the SAP Industry Innovation Week, we invited digitally inspired startups to talk about
their Industry 4.0 solutions that could drive seamless innovation in the pharmaceutical
sector.
These SAP Startup Studio partners include:
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SyMetric
SyMetric helps pharma companies improve their clinical research and
trials through integrated cloud solutions.
It enables organisations to discover the efficacy of new medicines and
healthcare devices by leveraging data analytics and predictive modelling.
It has designed its modules indigenously while focusing on patient safety
and data integrity in sync with global industry standards and regulatory
compliance.
As an easy-to-use and cost-effective platform, SyMetric’s solution can be
used by enterprises of all sizes.
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NeuroTags
NeuroTags serves 100+ companies and has digitised more than 25
million products.
Its cloud-based plug-and-play solutions also help brands manage their
marketing programs and customer loyalty schemes more efficiently. With
its unique anti-counterfeiting technology, NeuroTags offers an antidote
to block the supply of spurious drugs in the pharmaceutical sector.
The startup also designed a customised solution for the Indian pharma
industry to help manufacturers align more effectively with government
guidelines.
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NeeWee
A company that believes a data-filled world needs a data-driven
approach, NeeWee enables automotive companies to streamline their
entire manufacturing cycle by making cost, delivery and quality aspects
more predictable.
For the pharmaceutical industry, NeeWee offers an application called
Golden Production Run that makes every medicine batch comply with
the desired product quality while ensuring optimal capacity yield.
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Worxogo
Working at the confluence of behavior design, neuroeconomics
and AI, worxogo’s digital nudge coach is a productivity tool that
improves the performance of sales teams.
It analyses data from different sources and nudges sales reps at
an individual level to help them meet their targets, leading to
better business outcomes.
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Navigate The New
Location:
Address: P-1, Block P, Jungpura Extension, Jangpura, New Delhi 110014
Phone: 011 4182 3041
Email: [email protected]
Website: https://www.navigatethenew.com/
www.navigatethenew.com
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