Digital Transformation: A Critical Component for CDMOs in the Pharmaceutical Industry
This paper highlights how digital transformation is critical in developing a competitive edge and capabilities in Contract Development and Manufacturing Organizations within the pharmaceutical industry. The fact that there is increased international demand for innovative and personalized medicines puts CDMOs under pressure to provide quicker, more efficient, and more compliant services. Such research underscores how digitalization, via technologies such as ML, the IoT, digital twins, AI, and cloud-based systems, can help CDMOs streamline their operations and improve supply chain visibility and time to market. The paper further sheds light on a digital-first mindset, cybersecurity, solid data integration, and end-to-end transparency as the bases for value delivery and sustainable growth within the pharmaceutical landscape.
Authors
- Sandeep Ramanamuni
Publication Details
- Journal
- International Journal on Science and Technology
- Published
- 2024-11-06
- DOI
- https://doi.org/10.71097/ijsat.v15.i4.2834
- Citations
- 1
- Primary Topic
- Entrepreneurship Studies and Influences
- Type
- article
- Field-Weighted Citation Impact
- 0.73