The COVID-19 pandemic has increased the focus on the use of artificial intelligence (AI) across the life sciences organization, from R&D to manufacturing, supply chain, and commercial functions. During the pandemic, company leadership and management realized that they could run many aspects of their business remotely and with digital solutions.
Category: Digital Transformation
Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.
The Essence Of Digital Transformation Is To Become A Data-Driven Organization, Ensuring That Key Decisions, Actions, And Processes Are Strongly Influenced By Data-Driven Insights
It’s problematic when companies decide to embark on a digital transformation agenda without having a clear definition, let alone vision, for what it means. The fundamental meaning of transformation is not about replacing old technologies with new ones, or capturing high volumes of data, or hiring an army of data
Datagraphs: Organization Must Upgrade Their Data Architecture To Enable A Real-Time, Comprehensive View Of Consumer Interaction With Their Products And Services To Solve Problems
We’ve all seen the signs in front of McDonald’s announcing “Over X Billion Served” and have watched the number rise over the years. But tracking how many burgers are sold every day, month, or year is a relic of the past. Today ask: Do we know where each consumer buys
Developing Mindset Of Attitudes And Behaviors That Enable Organizations To See How Data, Algorithms, And AI Open Up New Possibilities
Learning new technological skills is essential for digital transformation. But it is not enough. Employees must be motivated to use their skills to create new opportunities. They need a digital mindset: a set of attitudes and behaviors that enable people and organizations to see how data, algorithms, and AI open
Digital Transformation: From The Traditional Stage To The Platform Stage
Many companies struggle to reap the benefits of investments in digital transformation, while others see enormous gains. What do successful firms do differently? This article describes the five stages of digital transformation, from the traditional stage, where digital and technology are the province of the IT department, through to the
Rather Capitalizing On Their Data To Expand Capabilities, Spur Innovation, And Enhance Growth, Insurance Companies Are Still Striving To Make Data More Accessible, Shareable, And Actionable
Key Messages Insurers often tend to treat and quantify data as a short-term expense managed for individual functions or projects, rather than as a strategic asset that should be continually nurtured for long-term, enterprise-wide gains. Siloed systems, talent gaps, and risk management challenges, are among a multitude of possible obstacles
Pharmacovigilance: Advances In Artificial Intelligence (AI) Technologies And Data Analytics Increases Safety, Improve Equity And Enhance Engagement And Experience In Patient Support Programmes
Why Patient Safety Strategies Need To Change Ensuring the quality and safety of a medicinal product is both a moral and a regulatory requirement across the biopharmaceutical (biopharma) value chain. Pharmacovigilance (PV) is a crucial mechanism for providing evidence to the biopharma industry and regulators of the long-term safety profile
The Future Movement Of Goods: The Connected Community, Holistic Decision-Making, And Intelligent Automation
Even before the pandemic started, global supply chains were experiencing growing pains as they adapted to meet the pressures of rising demand and a delivery system in need of an overhaul. For example, shipping goods such as medicines, groceries, and everything else that powers our daily lives demonstrated the complexities
Learning To Code Is Not The Best Investment For All, Instead Become A Digital Collaborator And Learn How To Work With Developers, Data Scientists, User Experience Designers, And Product Managers
While most leaders now know that tech is a vital part of business, many are wondering what they really need to know about technology to succeed in the digital age. Coding bootcamps may appeal to some, but for many leaders, learning to code is simply not the best investment. It
Due To They Have A Critical Role In The Society, Health Care Organizations Should Meet The Demands, Even During Supply Chain Failures And Catastrophic Events
Building resilient health care supply chains has taken on a new urgency in light of the pandemic. The traditional approach to managing the complex web of organizations, people, activities, information, and resources that supply products and services to consumers has fallen short and left many organizations scrambling. We know that
CEO’s Role In Digital Transformation Initiatives: Because Each Transformation Is Unique And Their Goals And Objectives Are Considerably Differ
In the face of constant disruption, effective chief executive officers (CEOs) lead by scanning the environment, identifying the dangers that might be lurking or the opportunities that might exist, and determining whether and how to act. Often, those actions involve what’s commonly called “digital transformation” – implementing new tools, platforms,
Enterprise AI: A Much-Needed Digital Transformation In Healthcare Industry
The health care industry’s use of artificial intelligence (AI) traditionally has lagged other industries. However, the COVID-19 pandemic created the right set of internal and external conditions for digital transformation across the health care industry – and AI is one of the biggest areas of investments. AI is showing signs
