6 TECH OUTLOOKJune - 2020EditorialStacey Smith Editor-in-Chiefeditor@pharmatechoutlook.comThe term `smart' is no more confined to phones as the internet of things (IoT) is transforming the world as we know it. We live in a world with more connected devices than the people living on it. There were an estimated 14.2 billion IoT connected devices in use last year, and it's expected to top off at 25 billion by the end of the next year. These devices create and share data that has burgeoned in recent years and drives most of the industries' trends worldwide. This influx of data has proved to be a boon and bane for the pharmaceutical labs, which has data at the core of its functioning.Today, IoT, together with advanced analytics, artificial intelligence (AI), and augmented reality (AR), are reshaping the pharmaceutical laboratories. Implementation of smart labs has become critical for life sciences companies today as the advanced insights harnessed off the data from the connected instruments have become crucial in improving efficiency, optimizing operations and inventory, and developing new products. Cloud integration of the data and instruments is going to be the next significant step in this digital revolution.In this edition of Pharma Tech Outlook, we bring you the story of some of the most successful smart labs consulting/service companies that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best smart labs consulting or service according to your requirements.Let us know your thoughts!Sparking Innovation in Life SciencesCopyright © 2020 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.JUNE - 02 - 2020, Vol 06 - Issue 11 (ISSN 2644-2787) Published by ValleyMedia, Inc. To subscribe to Pharma Tech OutlookVisit www.pharmatechoutlook.com *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditor-in-ChiefStacey SmithVisualizerAsher BlakeEditorial StaffAaron Pierce Ava GarciaJenna VegasCarolynn Walters Justin SmithPaul BarberSalesBrian Thomasbrian@pharmatechoutlook.comPhone: 510.556.2402sales@pharmatechoutlook.comeditor@pharmatechoutlook.commarketing@pharmatechoutlook.comEmail:Contact Us:Phone:510.556.2402, Fax:510-894-8405David ParkerTECH OUTLOOKTECH OUTLOOK
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