6 TECH OUTLOOKDecember - JanuaryCopyright © 2018 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DEC 18 - JAN 19, Vol 02-15 Published by ValleyMedia Inc. To subscribe to Pharma Tech OutlookVisit www.pharmatechoutlook.com Editor-in-ChiefStacey SmithSalesVisualizerAsher BlakeKasi VishwanathEditorial StaffAaron Pierce Samikshya Behera Ava GarciaJenna Vegas Joshua ParkerJustin SmithMax Wilson max.wilson@pharmatechoutlook.comPhone: 510.996.5173EditorialStacey Smith Editor-in-Chiefeditor@pharmatechoutlook.comThe value of global pharmaceutical market has surpassed $1 trillion mark and is projected to grow at 6.3 percent CAGR by 2022. Pharmaceutical companies are under tremendous pressure to improve their supply chains and operations efficiency. As the market headwinds include a staggering number of mergers and acquisitions, aggressive competition from generic pharmaceutical manufacturers, as well as increasing costs to develop and launch new products also factor in--mandating improvements in supply chain and operations. Supply chain management solutions is the strategic differentiator for companies to excel in the face of adversity, and will ultimately help these companies become world-class drug or medical device suppliers. Supply chain analytics are used to measure, monitor, and improve individual business processes as well as the overall performance and health of the supply chain. According to research and advisory firm Gartner, five billion devices are connected to the internet today. By the year 2020, that number is projected to grow to twenty billion. Majority of pharma companies are using such internet enabled devices to monitor GPS location, temperature and weather, and various other states and conditions that create vast amounts of data.AI is poised to transform pharmaceutical supply chains with breakthrough capabilities to process huge amounts of real-time data and make intelligent recommendations to usher supply chains into a truly data-driven future. The industrial Internet of things (IIoT) is facilitating this collection and analysis of data that is being generated within split seconds. Having the ability to monitor these conditions for business partners and customers in real-time improves performance, communication, and quality of service during each step in the process throughout the life of a shipment. When changes are required, in routing or due to other circumstances, being able to use real-time sensors and environment data allow for more confident, dynamic decision-making. Our goal with this edition is to highlight the best-of-breed supplychain solution providers that are disrupting the Pharma landscape. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are offering their clients, including exclusive insights from CIOs and CXOs. Write us your thoughts.Simplifying Pharma Supply chain with TechnologyTECH OUTLOOKTECH OUTLOOK*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffDEC 18-JAN 19SUPPLY CHAIN SPECIALsales@pharmatechoutlook.comeditor@pharmatechoutlook.commarketing@pharmatechoutlook.comEmail:Contact Us:Phone:510.556.2402, Fax:510-894-8405
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