Shrinking economies and increased scrutiny by regulators are pressing medical device and pharma majors to define a new path for accelerated profitable growth
Medical devices and pharma industry majors realize that a conventional approach to functioning is not enough to achieve excellence as they are faced with dynamic market demand, reducing operating margins, intense competition, and rapid globalization. Today, manufacturers need to transform their operations by automating, executing, and managing the performance of business processes across the value chain. Product line rationalization and complete digitization of products and processes with reduced total cost of ownership (TCO) are key challenges to sustain market leadership in a dynamic global regulated environment.
Tata Consultancy Services’ (TCS’) Engineering Services for the Medical Devices and Pharma industry span the product lifecycle, right from ideation all the way to product commercialization and supply chain management. As an ISO13485-certified design house, our services in this space enable organizations to develop and implement manufacturing solutions that integrate shop-floor automation to manufacturing execution systems and enterprise systems.
We bring to the table unmatched results in increased innovation, cost containment, and speed-to-market along with certainty of quality and trust. We cultivate supplier enabled innovation for our customers, by leveraging cross functional domain knowledge along with end-to-end engineering business solution for new product development.
The medical devices and diagnostics (MDD) and pharma industry is dealing with dwindling profit margins and increased quality and regulatory compliance requirements
The industry’s method to develop, operate and market is transitioning to a new model that requires a trusted global engineering partner to lead emerging and mature markets. Introducing differentiated innovative products with reduced time to market that gives companies a competitive edge.
TCS’ Engineering Services for the Medical Devices and Pharma industry provides transformational, industrial solutions in medical technologies that are shaping a new age of patient care. TCS helps companies retain their competitive advantage by working with them to enhance R&D productivity, reduce time-to-market, minimize costs, improve supply chains, tap new markets, strengthen relationships with partners, adapt to market changes quickly and proactively seek new opportunities.
TCS’ Engineering Services for the Medical Devices and Pharma industry spans the full spectrum of the product lifecycle
It helps with:
VOCs (volatile organic compounds) or risk assessment
From ideation and concept generation to design and development, V&V (validation and verification) regulatory trials, manufacturing design transfer, and product launch-post market surveillance
It provides solutions across the manufacturing value chain from control systems, manufacturing execution systems, and quality management systems, to enterprise manufacturing intelligence and ERP integration.
Our connected health and remote patient monitoring solutions have helped clients increase people’s access to services and technologies by portability, miniaturization, and improving productivity. We also provide consulting services in structuring eDHF, eDMR, change management, and electronic submissions. We have built solution accelerators using PLM platforms. Our broad expertise spans mechanical products, electronics systems, embedded software, and specialized R&D projects.