Artificial intelligence and machine learning have offered a huge potential to help life science organizations transform and improve. Since 2017, McKinsey research reports that AI adoption across industries has more than doubled. In addition, the number of AI capabilities companies use has also increased. As a result of the influx of data and changing of operations, many companies have felt pressure to take advantage of AI or face being left behind by industry competition and innovation.
Read this high-level summary to better understand how AI can help to improve product quality, accelerate decision-making, reduce operational costs, and enable preventive maintenance services.