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Provider Compendium
Life Sciences Smart Manufacturing Services – Provider Compendium 2023
Oct. 12, 2023In the past, the manufacturing industry’s primary focus was on creating standard procedures and managing workers and machines. However, with the advent of Industry 4.0, technology has become more prevalent in many sectors, offering numerous benefits. Despite this trend, the life sciences industry has been slow in adopting technology to modernize its manufacturing processes. The pandemic, regulatory changes, and the pursuit of efficiency are now driving the adoption of smart manufacturing services in this sector. Life sciences companies are investing in use cases such as digital twins and predictive maintenance to reduce costs, increase productivity, enhance visibility, and improve overall efficiency. They are also exploring high-growth opportunities such as sustainable manufacturing, batch-to-continuous manufacturing, and personalized medicine production. As the industry invests in smart manufacturing, providers are playing a vital role as end-to-end digital transformation partners, collaborating with companies to develop solutions that facilitate their digital transformation journeys. This compendium provides detailed and fact-based snapshots of 16 smart manufacturing services providers featured on Everest Group’s Life Sciences Smart Manufacturing Services PEAK Matrix®. Each profile offers a comprehensive picture of the provider’s service focus, key IP/solutions, domain investments, and case studies. The study will enable buyers to make the right sourcing decisions based on their requirements, while providers while be able to benchmark themselves against their competitors. Scope: Industry: life sciences Geography: global Contents: In this report, we: Analyze the provider landscape for life sciences smart manufacturing services Assess providers on several capability and market success-related dimensions Membership(s) Life Sciences Information Technology Sourcing and Vendor Management -
Aug. 28, 2023In the past, the manufacturing industry primarily focused on designing standardized manufacturing procedures and managing labor and mechanical systems. However, the advent of Industry 4.0 has led to the widespread adoption of technology across various sectors, unlocking numerous benefits. Nevertheless, the life sciences industry has been slow in embracing technology to modernize its manufacturing setups. The pandemic, regulatory frameworks, and the drive for operational excellence are now propelling the adoption of smart manufacturing services. Life sciences enterprises are striving to unlock benefits such as cost optimization, increased productivity, visibility, and efficiency through investments in vital use cases such as digital twins and predictive maintenance. They are also exploring high-growth opportunities such as sustainable manufacturing, batch-to-continuous manufacturing, and personalized medicine production. As the industry receives investments in smart manufacturing, providers are assuming the role of end-to-end digital transformation partners by collaboratively developing solutions to assist enterprises in their digital journeys. In this report, we assess 16 life sciences smart manufacturing service providers featured on Everest Group’s Life Sciences Smart Manufacturing Services PEAK Matrix® 2023. Each provider profile offers a comprehensive picture of its service focus, key IP/solutions, domain investments, and case studies. The study will enable buyers to make the right sourcing decisions based on their requirements, while providers will be able to benchmark themselves against their competitors. Scope Industry: life sciences Geography: global The assessment is based on Everest Group’s annual RFI process for the calendar year 2023, interactions with leading life sciences service providers, client reference checks, and an ongoing analysis of the IT services market Contents This report features 16 life sciences smart manufacturing service provider profiles and includes: The provider landscape for life sciences smart manufacturing services Providers’ assessment on several capability and market success-related dimensions Membership(s) Life Sciences Information Technology Sourcing and Vendor Management