Pharmaceutical and medical equipment companies face several challenges, including highly competitive landscapes for the introduction of new drugs and equipment, the need to analyze patient data that is not always easily integrated, and stringent data privacy requirements. Much of this data has tended to remain in silos. Many of today's IIoT initiatives are focused on making this data more accessible in real time, driving the following use cases with these potential benefits:
- Clinical trial innovation: More completed tests and improved time to market
- Distribution: Matched distribution to local needs and minimized waste
- Outcomes: Understand adherence to prescriptions, utilization ...