Digital transformation in biopharma promises to deliver exponential results and make new discoveries and solutions to complex problems a reality, but it requires companies to make big changes to get there—changes in processes as well as adoption of new technologies. For some companies and facilities, this is a bigger leap than for others. Depending on the level of digitalization and integration that currently exists within a company, the process can take from months to years.
Digital transformation in biopharma, like other industries, is accelerating as Pharma 4.0 and Industry 4.0 begin to take shape in companies of all sizes. But knowing that digital transformation is inevitable is one thing, successfully managing the transition process is another. What are the steps biopharma companies should be taking to ensure a smooth digital transformation?
Looking for ways to improve the efficiency of its power plant operations while reducing costs and environmental emissions, the Department of Power and Water at Michigan State University (MSU) began a study using multivariate data analytics that led to some surprising findings. The results have implications that could help other operators of large-scale power facilities reduce their carbon footprint and improve power plant operations.