Collaboration: A Powerful, Effective Strategy for Medtech Companies Moving to Embrace Industry 4.0 and Drive Digital Transformation

The digital revolution under way in medtech manufacturing will continue to transform the industry into a more connected, efficient, and agile ecosystem. However, the challenge for many companies is to plot the best way to embrace various existing and new technologies and move toward smarter manufacturing — their version of the “factory of the future.” Every company is at a different stage of digital transformation. Some companies are wholeheartedly piloting, integrating, and scaling disruptive technologies within their operations in a bid to realize greater supply chain and internal operational benefits. Others are at a different place in their digital journey, identifying incremental opportunity areas where they can demonstrate initial impact and justify further investment.