Excerpt by Tech-Clarity
Life Sciences Companies are Dramatically Improving Service by Digitalizing
Digitalization is changing the way innovative medical device, biotech, and related companies provide value and drive profitability. Research shows that one of the most compelling digital transformation opportunities is to revolutionize service, specifically:
- Deloitte finds1 that predictive maintenance can increase uptime and availability by 10-20 percent and reduce overall
- maintenance costs 5-10 percent
- Tech-Clarity’s Michelle Boucher shares2 that service is critical, that medical device downtime can impact lives, and that predictive maintenance can offer a significant advantage to minimize patient impact
What should Life Sciences companies look for in a solution to help them simultaneously improve profitability and patient outcomes by remotely monitoring devices via the IoT?
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