- This C4IR will be the world's first thematic centre which will focus on healthcare and life sciences.
- The inauguration was done during 21st edition of Bio Asia 2024
- BioAsia is the edition of the premier life sciences and healthcare forum in Asia.
- The inauguration was done during 21st edition of Bio Asia 2024
- WEF’s C4IR initiative is aimed at harnessing potential of technological progress for equitable and human-centred transformation of industries, economies and societies.
- About 4IR
- 4IR means the digital transformation of the manufacturing industry by technologies such as Artificial Intelligence, Additive Manufacturing, Internet of Things (IoT), etc.
- It also refers to “smart factories”–which are fully connected cyber-physical systems that merges the physical and digital aspects.
- Applications 4IR IN healthcare and life sciences
- Monitoring, recording, visualisation and sharing of symptoms using wearable devices.
- Evidence based care through health profiling and clinical registries.
- Facilitates Precision Medicine and targeted drug delivery.
- Challenges: Fragmented and siloed patient information, lack of skilled personnel, privacy concerns, security issues due to cyber challenges, ethical issues, etc.
- Earlier, C4IR(INDIA) centre was also established in Maharashtra. It is coordinated by NITI Ayog.