Revolutionize Your Manufacturing Operations with Open Source ERP Systems

Digital transformation in the Indian Pharmaceutical sector is not new, it has started a decade ago.

With full-fledged vaccination administration in the process and with a self-sufficient agenda for redefining the business model, it becomes important for India to reevaluate its current role in the global pharmaceutical market.

We were privileged to have the stalwarts from the pharma sector, Lion Daara B Patel, secretary-General of the Indian Drug Manufacturers’ Association (IDMA), Salil S. Kallianpur, founder and MD of ARKS Knowledge Consulting Pvt.

and Dinesh Chindarkar, Co-founder of MediaMedic Communications.Harnessing the technology for providing a tailored solutionDuring the pandemic, the pharmaceutical sector has re-focussed its in-person dealings to virtual.

“By deploying machine learning analytics, HCPs treat mental ailments based on tracking, correlating, and scoring three factors – cognitive function, clinical symptoms, and brain activity.”As the Indian Pharmaceutical industry grabs digital transformation, scenarios accompanied by increased usage of advanced technology will see a rise in precision medicine in the next few years.

According to Salil, “the concept of time and distance has gone away” as we are going through digital transformation.

COVID-19 has unfolded the secret to digitalization for the business across the globe.

Let's find out how and why #DigitalTransformation is going to be a major trend amid the pandemic.Learn More at : Technology Solutions. 

We work with digital technology partners, independent consultants specialized in digital technology, digital services, branding, and organizational management to ensure your journey on digital transformation is seamless and ROI-driven.

Our consultants are senior executives who used to work at MNCs in regional or global capacity, they are experienced in delivering a result-driven digital service.

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This equates to the fact that you have a high-speed correlation in real-time, which enables businesses to garner meaningful insights, create personalised experiences and help make crucial decisions.It comes with excellent bandwidth link and faster response time, which drive many organisations to choose edge computing.

If you are planning to use it, then make sure your place has limited network connectivity to cloud services, computing, analytics and storage.

It is one of the best choices you can make if you need instantaneous data processing for real-time decision making, without having to send the data to the cloud-first.Let us understand how Edge has been assisting some of the early adopters: Keeping retail in mind, what holds a lot of significance is being open to business and being able to transact.

With Edge, you can deliver a more efficient customer experience, operational excellence, better supply chain and inventory optimisation.In the education field, Edge is creating an immersive learning experience for students and helping them overcome the hurdles faced during online learning.In the healthcare sector, Edge is facilitating access to timely information.

Business are already seeing multiple benefits with Edge Drop-in IoT solution costs –if you locally manage the data, the need for cloud and network resources reduces.It provides you with better opportunities to manage risk – the data is distributed; hence, the risk is also distributed.

Leads to faster response time – as it minimises latency for consumers or customers enhances user/customer experience.Now with local autonomy – intermittent connectivity to the cloud will no longer bring business to halt.Bridging IT and OT – for instance, CCTV systems in a grocery store can be easily connected to edge computing, which allows the store to gather insights, like identifying hazards at the very moment and analysing customer behaviour.

Do you know what points making your business fail each time despite ofhow harder you try to crawl up?

If you figure out that, half of theproblem is solved.

But if you still wondering where did you make themistake, this post will help you find it.Did you know digital transformation can really change the method ofhow you as a business deliver values to your customers?3 areas that need urgent digital transformation attention to savebusiness from failing;Undefined ObjectivesSometimes in eager to get success we dive right into the pool of ideasand forget to document vital points, such as, does business need this?What is the objective?

Is it achievable through the assigned tools andresources?

Your objectives should be, realistic to business achievable.Pushing HardWhat we teach our children?

Instead of wasting time on complex andlengthy equation solve small ones from the question paper.

Signing is good, but DrySigning is better.

Let's see what this happy DrySigner has to say.

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In recent years, Cloud has emerged as a potential solution to Corporate real estate’s (CRE) data needs regarding accessibility, data risk management, and controls.

With robust authentication protocols, strict user access controls, built-in solid encryption, and centralized databases, cloud platforms have the requisite security features to handle Commercial Real Estate firms’ distinct needs.

While it can be challenging to address these challenges, we’ve been able to help companies manage them and position themselves for the future.Decoding Cloud for Real Estate: Opportunities and ThreatsHere are a few opportunities that real estate can find with Cloud:1.

Lower Operational CostsThe Cloud has a nature of upscaling.

With that, there won’t be any need to hire an in-house team to manage hardware storage, thus saving money.

As real estate professionals are always on the move and work is rarely limited to the office, Cloud allows them to manage the business from any location, even overseas.

A business or an organization can choose to either be driven or drive itself forward with technology.

So how would one go about this?

Many firms are offering these services, and they will run you through several models that you can use for digital transformation.Visit Us:- https://create.piktochart.com/output/56689276-driving-your-business-forward-with-technology 

AI-powered machines show an easy path to the future by providing some benefits — providing new opportunities, increasing production capacity, and bringing machine technology closer to human interaction.The fourth industrial revolution is knowledge-based work, driven by automation; By creating new ways to automate tasks, people and machines can rebuild a rich, robust digital economy that lives, interacts, and collaborates.

AI facilitates the conquest of many internal challenges in the industry: from lack of expertise to complexity of decision making, integration issues, and overload information.

Businesses can be witnessed to expand in terms of product capabilities and meet the high demand of customers worldwide.Safe operating environment:With so many flaws in the manufacturing plant, a step towards AI means fewer human resources have to do the risky and overworked work.

As robots replace humans and perform routine and hazardous operations, the number of workplace accidents decreases throughout.Novel Opportunities for Humans:As AI takes over the manufacturing plant and automates boring and simple human tasks, workers must focus on complex and innovative tasks.

While AI looks at unskilled labor, humans can focus on driving innovation and transforming their business to advanced levels.Condensed Maintenance Costs:While bringing in AI in the manufacturing industry requires huge capital investment, the ROI is significantly higher.

The development of machine learning techniques, advances in sensors and, therefore, the rise of computing power has helped to produce a new generation of robots.

Today, top-level executives are investing for AI in manufacturing industry to improve operational efficiency, productivity, performance.

From achieving significant cuts in downtime to generating better-designed products and improving the safety of employees, AI is truly evolving manufacturing.In a Forbes Insights Survey on Artificial Intelligence, 44% of respondents from the automotive and manufacturing sectors classified AI as “highly important” to the manufacturing function in the next 5 years, while almost half, 49% said it was “absolutely critical to success.” According to markets and markets, Artificial Intelligence in the manufacturing market is expected to grow from USD 1.0 billion in 2018 to USD 17.2 billion by 2025.

And if we talk about Canada, the manufacturing sector there is known to be one of the significant contributors to the country’s economy.The Covid-19 pandemic has exposed the fragility of every industry, and the manufacturing industry has been no exception.

With the global economy reviving slowly but steadily, the manufacturing industries of Canada have also begun to leap towards growth.As per the data available recently, the manufacturing industry of Canada stands at $174 billion of its GDP, which is more than 10% of its total GDP.

The major manufacturing industries in Canada are automobiles and aerospace.Traditionally, Canada’s services and natural resources sectors were the major contributors to the country’s economy.

The recently revived Canadian manufacturing industry is gradually becoming the major contributor.

It boasts a highly skilled and specialized workforce that includes engineers, technicians, researchers, and salespersons.

With a growing manufacturing sector, the demand for highly skilled workers is also growing.The manufacturing industry in Canada has quickly adopted modern technologies and has brought about innovations in the manufacturing process.

The major set of technologies that has brought a revolution in the digital transformation are cloud services, internet of things, artificial intelligence, etc.

These technologies together comprise a platform.

Platforms act as infrastructures upon which other technologies are developed.

Through the platform, the customers and service providers get together and interact so as to improve the business models.

Further to our last article, let us deep dive into agility of technology infrastructure.

In many organizations, the ability to transform and reorient the applications, make minor enhancements takes months due to rigidity of the technology stack and mindset of the resources.

I was talking to one of my ex-colleague working with IT division of a bank and he was narrating stories on how hard it is even to upgrade the version of browser in the employees’ machines as it impacts so many applications.

The effort for any changes induce a butterfly effect where testing efforts multiply on an exponential basis.Technology agility comes with ability to manage smaller pieces without major impact on the rest of the ecosystem.

As they say, you cannot eat an elephant in one piece, the technology orientation has to dissect larger applications or solutions into a group of smaller pieces that can be managed without impacting other smaller applications.

In technical terms, we call it micro services where each service can be run independently without impacting the other.