Authors :
Ashish. A. Adhikari; Dr. A. Seetharaman
Volume/Issue :
Volume 6 - 2021, Issue 6 - June
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/2UbQmAf
Abstract :
Digitalization and Digitization are related,
however their meaning is different. Digitalization is
made up of several different areas like Digital
communications, while digitization is converting
analogue information into data formats. Industry 4.0,
another commonly used term is the digital network of
people, machines and products.
Pharmaceuticals is a research intensive industry,
which keeps on churning new products to save patients’
lives. The safety and efficacy of products is stringently
regulated, and rightly so. Pharmaceutical companies
have started to explore Digitization for higher
efficiencies, faster and better clinical trials and cost
reductions. Digitization offers multiple opportunities,
but there are also implementation challenges that need to
be considered. The study result show the factors that
affect Digitization in Pharmaceutical Operations and
how mitigation can be done.
Keywords :
Digitization Application, Digitalization Impact, Pharmaceutical Operations.
Digitalization and Digitization are related,
however their meaning is different. Digitalization is
made up of several different areas like Digital
communications, while digitization is converting
analogue information into data formats. Industry 4.0,
another commonly used term is the digital network of
people, machines and products.
Pharmaceuticals is a research intensive industry,
which keeps on churning new products to save patients’
lives. The safety and efficacy of products is stringently
regulated, and rightly so. Pharmaceutical companies
have started to explore Digitization for higher
efficiencies, faster and better clinical trials and cost
reductions. Digitization offers multiple opportunities,
but there are also implementation challenges that need to
be considered. The study result show the factors that
affect Digitization in Pharmaceutical Operations and
how mitigation can be done.
Keywords :
Digitization Application, Digitalization Impact, Pharmaceutical Operations.
