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India's pharmaceutical sector, traditionally based largely on manual operations, is now adopting new automated operational technology (OT) and information technology (IT) to remain competitive in a connected world. Only through continuous innovation and judicious adoption of new technologies will companies in this sector, domestic and global, succeed in surmounting today's challenges. These include:
- Global regulatory compliance
- Quality issues
- Inconsistent manual manufacturing workflows
- Human errors
- Cost pressures
- Increasing global competition
Considering India's continuing strength in the IT services space, pharmaceutical companies should leverage this local expertise to modernize operations and implement new Industrial Internet of Things (IIoT)-related technologies and approaches such as smart sensors, Big Data, predictive analytics, and cloud computing. In addition to helping improve the patient experience through connected healthcare, these could enhance R&D, manufacturing, and regulatory compliance. Significantly, the successful implementation of these technologies requires the convergence of multiple skillsets, industries, and domains. To leapfrog to the next level, the pharmaceutical industry must aim for end-to-end systems from the plant floor to the boardroom, across the supply chain, and – ultimately – out to the end consumers.
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Keywords: India, Pharmaceutical Industry, Automation, Technologies, IIoT, IT, Regulatory Compliance, Case Study, ARC Advisory Group.