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July - 2013 - issue > CIO Insights

Using Technology To Polish the Pharmaceutical Industry

Arun Gupta
Chief Information Officer-Cipla Limited
Monday, July 1, 2013
Arun Gupta
Based in Mumbai, Cipla (BSE: 500087, NSE: CIPLA) is a global pharmaceutical manufacturing company with a presence in over 180 countries.

The pharmaceutical industry has been hand-in-hand with technology ever since the invention of the first drug. Back then technology was in its most primitive form of a batter and a bowl, but like all things that too has changed. Today, technology plays such a crucial role in this industry that without it the entire practice would fall.

Permeating to Various Verticals

All businesses across verticals invest in technology to create efficiency and automate processes. Some solutions are common across industries like Financial Accounting, Human Resources, Manufacturing & Supply Chain, and Regulatory Compliance to name a few. Beyond that there are industry specific solutions which give the company an advantage over competitors in many cases. The Pharmaceutical industry has many such solutions that impact the business and some that are required for quality management as well as compliance to various regulations governing the industry. The choice for companies is to deploy the basic and necessary or to take advantage of new technology trends and create a differentiation.
Technology trends do not shape an industry, their innovative use for business does. Current hype includes Big Data, realty and mobility is growing fast, while cloud still remains on the fringes. Wearable computing brings new opportunities for different industries including healthcare.

The Journey of Transformation

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