Abstract
The pharmaceuticals and life sciences industries are generally required quite advanced technology to compete with the worldwide market share. Pharmaceutical and life science companies invest more time, effort and money into digitalization of their business. It is estimated that by 2020, there will be 50 billion connected devices, and in five years, 80% of companies are expected to utilize IoT in their digitized firms. IoT revolutionizes the pharmaceutical sector by providing and automating pharmaceutical manufacturing, the discovery of drugs and remote monitoring of patients and more. Digitization holds tremendous potential to help pharma companies address various challenges. This chapter intends to provide an insight into the Internet of Things in Pharmaceutical sectors.
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