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India’s rise as a global hub for life sciences innovation is being propelled by advancements in research and development (R&D), with the country playing a central role in shaping global trends, said Bernard Charles, executive chairman of the board of directors of Dassault Systemes . In an interview to ET, he said the French company, which clocks annual revenue of about $8 billion, is looking at technologies like virtual twins to allow researchers to simulate human biology, develop personalised therapies and explore new ways to treat diseases with greater precision. “For the first time ever, in the world of industry, what is contained with the virtual twin has surpassed the capacity of any knowledgeable teams to observe the reality to replicate,” he said.
“This happened in the last 20 years and it’s now visible across all industries. We are applying those techniques to new therapeutics (and) new medical practices.” He said the company is seeing some meaningful progress but it would take time to deploy it across the world.
For example, at Boston Children’s Hospital , one of the most advanced hospitals for heart surgery of newly birthed babies, a day before the surgeon team goes to the block, they run simulations using Dassault Systemes’ platform. “They validate everything, look at the flow, look at where they cut, where they reassemble the malformation – they do all of this,” Charles said. “The result today is (that) they achieved a 98% alignment between what our simulation recommended and what they actually are going to do in the surgery room.
In some way, while we are in a good position in many of those sectors, we are at the beginning.” Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Artificial Intelligence(AI) AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence By - Ritesh Vajariya, Generative AI Expert View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr.
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Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories In India, he emphasised, the company has many customers using its 3D experience platform to create the virtual twin of the cars or infrastructure or energy centre – doing the engineering and the production on the life cycle of those complex products. “We have three types of activities in India - customer engagement, R&D and then creating content,” Charles said. “We have a very large research and development lab that is really contributing to developing our solution on a global basis where we have a global R&D machine with 68 labs in the world.
” When it comes to content, the India team provides customers ready-to-use parameterised virtual twins, he said. For instance, if a new electric vehicle (EV) maker is looking to create a car or two-wheeler, they would be able to have a kind of parameterised chassis or powertrain infrastructure. “They will subscribe to this data, they will reshape them and it will accelerate the way they develop,” Charles said.
“Most of the EV startup companies in the world are now using the 3DEXPERIENCE platform." Speaking about artificial intelligence (AI), he said the transformative potential of the technology was comparable to the internet. However, he highlighted some of its ethical implications and the need for regulations regarding data use.
“The internet wave was an exciting wave of transformation for the world economy,” he said. “AI will be a similar lever for the economy but like for the internet wave, it took a while to provide the right services to citizens. The same will happen here, there will be many tries, failures and successes.
It's a great moment because I think we can remove significant obstacles that we have to make the world more sustainable.” AI alone is a toolkit and one needs the right experiences and the right science to back it, he said, underscoring that ethical considerations need to be addressed to make AI valuable for society. “There are basic things that can be addressed well with regulation,” Charles said.
“One of them is related to when data is produced by someone or used by someone else, the logic of consent is a very important, fair statement. The second big topic in the regulation is a clarification about IP (intellectual property) rights.”.
