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Introduction

Biotech and pharmaceutical companies go through various challenges that are interesting yet tough in the digitalization era. While new innovations have increased chances for measure upgrades, regulatory oversight has eased back reception comparative with different industries. Firm requirements for process validation, data integrity, and documentation establish an environment where compliance can exceed sustainable improvement.

The growing advances that portray Industry 4.0 from advanced analytics to connectivity, network, automation, and robotics have the competency to alter each component of pharma business.

Implementation of Industry 4.0 In Pharma

Although it is just the beginning of industry 4.0 in the pharmaceutical field a number of the manufacturer are already…


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Introduction

Industry 4.0 is a name coined from the fourth industrial revolution brought about by advancements in information technology. These include the Internet of Things (IoT), artificial intelligence (AI), robotics, quantum computing, 3D printing, genetic engineering, and other forms of technology. As a result, Industry 4.0 is the modern combination of manufacturing and industrial platforms as we traditionally know it, with upcoming smart technology. Sometimes it is also referred to as the Smart Factory. Pharma 4.0, as a sub-sector, is a label used to describe Industry 4.0 within the pharmaceutical manufacturing sector.

The primary focus of Industry 4.0 is on the…


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Over the years, we have seen a rising interest in renewable energy and the production of heat and electricity, combined with efforts to store this and manage energy’s demand.

What would you get if you combine the energy generating capacity of multiple dispersed resources such as hydroelectricity, wind and solar power, and without having to invest in large scale complexes and power plants for their management and distribution to the grid?

That is the exact question answered by the concept and application of Virtual Power Plants!

What Is A Virtual Power Plant?

Virtual Power Plants (VPP) are a revolutionary approach to energy production, collection and trading…


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Collaboration between large corporates and technology start-ups play a critical role in the innovation process. Corporates can expand their businesses and create new markets. Start-ups can develop their products quickly when they get the necessary funding, and they can soon achieve scalability. The growth of the organization, competitive advantage and profitability are the shared strategic goals in this collaboration. The enabling technologies in the Industry 4.0 domain facilitate the corporations to increase collaboration. Cloud computing is one of the core components of the Industry 4.0 approach, and it provides a unified platform for allowing close interaction between machines, data, and…


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Introduction

Industry 4.0 is a new approach that is expected to drive the manufacturing sector through smart manufacturing and digital technologies like the Industrial Internet of Things (IIOT). These best practices and frameworks transform the organizational landscape through the intersection of information technology and operational technology. The collaborative framework monitors physical processes within manufacturing and uses data intelligently to make adaptive, corrective, and predictive decisions. Industry 4.0 is analogous to the fourth industrial revolution, and it is a strategic move towards smart manufacturing. According to the National Institute of Standards and Technology, smart manufacturing is a fully integrated and collaborative manufacturing…


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Industry 4.0 is a new approach to enabling a genuinely productive future with technological advancements. It is termed as the fourth industrial revolution because of the fourth historic move in history. The first industrial revolution in the 19th century moved humanity from farming to factory production. The second revolution that lasted up to World War I observed the use of steel, mass production, and electrification of factories. The third revolution is characterized by a paradigm shift from analog devices to digital technology that gained prominence from 1950 to 1970. Industry 4.0 is the next big thing that can indeed be…


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Distributed ledgers, popularly known as blockchains are an emerging technology which has attracted the interest of note from pivotal energy firms, startups, financial institutions, technology developers, the academic community and even national governments as well. A significant number of sources from these different backgrounds have identified with blockchains and consider them as having a significant potential to deliver significant innovations and benefits. Blockchain is a system that can enable novel business solutions, more so, when combined with smart contracts as it promises a tamper-proof, transparent and secure system. We shall be looking at blockchains as it affects the energy industry.

Distributed energy production and consumption


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The fact that taxes are needed, unfortunately, is certain. No country is able to function properly and provide basic benefits to its citizens without charging smaller or larger taxes. The more cluttered the tax system is, the more law-abiding citizens and business entities must pay. Is blockchain technology a way to make it more efficient, leaving more value in tax-payers hands? Let’s discuss that.

What is Blockchain?

In this present age of advanced technology and with the internet transforming all the known facets of business transactions in all sectors, new trends are finding their ways into the management of the global economy. …


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Making headlines in all significant and popular tech-magazines and journals, Artificial Intelligence (AI) is already the buzzword in the world of evolving technologies. Moreover, as this revolutionary technology is offering promising solutions to complex business problems while discussing the capabilities, AI one often comes across statements like — “Artificial Intelligence will change the future of advertising.”

Given the fact that there are a host of proven and already tested models indicating at the possibilities with AI, no wonder that Artificial Intelligence can find many different applications in the multi-billion dollars advertisement industry too. The question is how can AI can…


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New blockchain applications emerge every day. Many companies are now looking into implementing it and utilize all the usefulness that it brings.

Blockchain is one of the new technologies that deal with peer to peer data connection and gives an open, decentralized network to use. Powered by consensus algorithms every involved party gets a fair distribution and secure transactions. In simple terms, blockchain application is spreading like wildfire among the established industrial marketplace.

Starting off with simple cryptocurrencies like Bitcoin it has now expanded to the new level of aspects. …

Piotr Jurowiec

Business adviser and project manager fascinated by how new technologies, like blockchain and AI, revolutionize economy and create new business models.

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