Microsoft Cloud for Manufacturing: Solutions for Healthcare & Life Sciences
“In order to navigate through disruptions in the MedTech sector, improve resiliency, and build a sustainable future, many medical device manufacturing, and distribution companies have moved their operations to the cloud solutions like Microsoft Cloud for Manufacturing. This has allowed them to gain operational visibility, integrate data across various systems, and foster digital collaboration among those who are close to manufacturing facilities and supply chains.”
Today, people are aware and know what's happening in the business world. All they need is technology that can help them connect the dots, manage their operations, and run their business with minimum input – with regards to both tech and costs.
By minimum inputs, I mean - a low-cost technology that results in higher outputs/results and lowers the recall rate for manufactured medical devices.
This leads to say; increased efficiency and enhanced productivity, while also helping the workforce maintain a work-life balance.
And the way to achieve these goals is by investing in cloud solution(s) for manufacturing, like Microsoft Cloud for Manufacturing - a smart manufacturing solution to empower your workforce from all ends.
Let's see how this innovative technology can enable scalability, speed, and security for your medical devices so that your intent to help those in need blooms.
What is Microsoft Cloud for Manufacturing?
Before I proceed to let you know what Microsoft Cloud for Manufacturing is, let me write a bit about cloud technology and what companies have shifted their operations to cloud-based business management applications.
1. Cloud Technology
A collection of servers, storage, databases, networking, software, and analytics, over the internet to deliver computing resources at your fingertips is known as cloud technology, cloud computing, or cloud tech (to help you sound fancier!).
This tech is so powerful that it enables you to access and utilize these resources on demand without having to invest in expensive IT infrastructure and hardware.
All the resources needed for cloud computing are hosted and managed by cloud service providers like Microsoft, or your cloud solution partners (CSP) like Dynamics Square to help ensure the high availability, scalability, security, and performance of the resources.
One of the fascinating things about cloud technology is, you can access cloud technology through various models such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), depending on your specific business needs.
The evolution of cloud technology has revolutionized not only the IT industry but almost every industry that requires scaled growth and a sustainable future.
Enabling access to this robust tech for your businesses, and individuals at your workplace to utilize powerful computing resources on demand, regardless of location, without having to incur significant capital expenditures can be a decisive move.
2. Microsoft Cloud for Manufacturing
It is a PaaS offering from Microsoft and includes Azure Services.
PaaS is a platform for developers to build, deploy, and manage their applications, without the need to manage the underlying infrastructure. This platform can help you streamline innovation and faster the time to market products.
Microsoft Cloud for Manufacturing helps medical device manufacturers with a set of tools and services to build, deploy, and manage their manufacturing operations, including analytics, IoT (Internet of Things), business applications, and more, on top of Microsoft's cloud infrastructure.
Manufacturers can leverage this platform for a wide range of cloud-based services, including computing, storage, networking, analytics, machine learning, and more to build custom applications and solutions.
By integrating with other Microsoft technologies and connecting to your existing CRM and ERP systems and data sources, you can manage your device manufacturing operations at scale.
For example, using Azure IoT services you can enable remote monitoring, predictive maintenance, and real-time analytics of manufacturing equipment and processes.
It also uses Azure Synapse Analytics to provide a powerful analytics and data warehousing solution for manufacturers to gain deeper insights into business operations and make data-driven decision-making better at every step. Hence, enhanced business intelligence (BI) for years to come.
Additionally, the cloud platform allows you to integrate with other Azure services, such as Azure Active Directory and Azure Security Center, to provide secure and compliant access to data and web applications.
Benefits of Rolling out Cloud Infrastructure for Manufacturing
Some of the benefits of implementing Microsoft Cloud for Manufacturing include:
Accelerate Time to Market
Medical device companies can accelerate product development by utilizing product-specific cloud tools and partner networks.
Enhanced Operational Efficiencies
MedTech companies that have already rolled out cloud infrastructure can optimize their digital supply chain by leveraging Microsoft Cloud's tools and Azure solutions for enhanced data visibility across the value chain.
Integrate downstream data into your R&D to identify unmet patient needs and comprehend the care ecosystem by utilizing personalization services for patient-focused outreach.
There are many other benefits of rolling out Microsoft Cloud for Manufacturing for Medical Devices such as enhanced efficiency, improved quality, regulatory compliance, cost savings, faster innovation, and more.
How can Microsoft Cloud help transform your Manufacturing workforce?
Microsoft Cloud provides insights into the challenges faced by manufacturers in attracting, retaining, and training skilled workers in the fast-paced digital manufacturing industry.
Microsoft Cloud for Manufacturing can help manufacturers close the skill gap and increase employee productivity by transforming their workforce.
Industry-tailored cloud solutions provide end-to-end solutions that help workers to collaborate from anywhere, anytime. It assists you in building a safer work environment.
With Microsoft Cloud for Manufacturing, manufacturers can connect and empower their frontline workers, enhance training, and improve worker wellness, health, and safety.
Through this platform, medical device manufacturers can:
- Improve employee engagement
- Close the skill gap
- Enhance productivity by using modern digital manufacturing tools
- Automating processes
- Providing better training and educational opportunities
- Help you promote a safer work environment by reducing manual effort through automation
- You can digitally empower your workforce, operate safe and agile factories, create more resilient supply chains, and unlock innovation and new services
Can Microsoft Cloud for Manufacturing help reduce the recall rate?
Medical Adoption of Cloud solutions can significantly reduce medical device recall rates. MedTech companies like BrightInsight, Euris, and Rackspace are leading Cloud vendors for medical devices, other than Microsoft.
Also, according to GlobalData, the medical devices industry will be embracing AI/ML and cloud tech in 2023, and beyond.
And device manufacturers like Edwards Lifesciences, 3M, and Johnson and Johnson are Cloud adopters. Cloud adoption enables scalability, speed, and security, leading to significant growth in the Cloud services market for medical devices, projected to reach $4.4bn by 2024 (at a compound annual growth rate (CAGR) of 17.1%).
Microsoft Cloud for Manufacturing is already helping manufacturing customers like Chevron and Alcoa transform their workforce and improve efficiency.
By investing in Microsoft Cloud for Manufacturing, businesses can drive workforce transformation, close the skill gap and keep up with the complexities of digital manufacturing and manufacture a more resilient, sustainable future.
With Microsoft Cloud for Manufacturing, you can improve employee engagement and boost manufacturing productivity.
To see how this platform works, you can avail it for preview, and businesses can explore how it can help them build a more resilient and sustainable future.