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Manufacture Small Molecules, Technology and Equipment

The Revolution Rises

The fourth industrial revolution, Industry 4.0, is generating significant discussion in the biopharma industry, with a number of people believing that it is all hype. For me, however, Industry 4.0 is real and represents a period where we can integrate automation and information in a completely different way through kinetic systems. This could fundamentally change the production environment and redefine how factories work.

There are many technologies that fall into the category of Industry 4.0, but there are two that I am particularly excited about: predictive analytics and augmented reality.  Predictive analytics are promising because our industry is flush with data that it does not take advantage of. Using predictive analytics, it will be possible to integrate data to teach machines to make predictions about the future, such as the future state of the product or the future flow of material, which can be used to steer the production environment. Imagine being able to use existing data to predict failure or delay at release. There is a huge opportunity for the industry to be more proactive in the production environment.

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About the Author

Frank Cordes

Frank Cordes is Partner and Managing Director, The Boston Consulting Group, UK.

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