Category: Manufacturing

IIoT Based Remote Machine Monitoring – An Essential Pre-requisite For Smart Factory Operations

That which does not get measured does not get managed. The manufacturing and process industry of today is taking this more seriously than ever. Since the earliest days of manufacturing, factory operators have quantified various parameters like processes, input, output, efficiency, inventory, wastage etc. Tracking such key metrics has helped them in finding underlying problems,...

Industry 4.0 – The Next Step in Lean Manufacturing

“Industry 4.0 is more than just a flashy catchphrase. A confluence of trends and technologies promises to reshape the way things are made.” - Cornelius Baur and Dominik Wee, McKinsey & Company The concept of the Industrial Revolution has been around for a long time but suddenly it is again a trending topic. Manufacturing industries...

Current Oil & Gas Industry Technology Concerns

The industry today is experiencing a technological revolution – be it big data analytics, internet of things (IoT), or artificial intelligence, exposing industry to new opportunities. On the flip side, automation and integration has also exposed the industry to new vulnerabilities and threats, and the Oil and Gas industry is no exception. As per ABI…

Axes of Change

To stay competitive in a global market, organizations need to strive to change their digital landscape to the characteristics of Digital Transformation, which implies the adaptation of a Digital architecture that includes integration of the entire value chain and breaking of silos across the organization. With increasing adoption of digital lifestyles by consumers, it is…

What is your MIDAS?

Overview “Today 83% of Indian manufacturing industry lies in the ‘Business Digitization’ phase, and is yet to reach the ‘Tipping point’ for ‘Digital Transformation’ – which only commences after the Process Digitalization stage ”– CII-GS Lab Report The Indian manufacturing industry is gearing up to increase its digital footprint to achieve higher efficiency & increased…

Where Do You Stand In Your Digital Journey?

The Digital Journey of a business is determined by when and how a business moves from Digitization to Digitalization to Digital Optimization to Digital Transformation.  Yes – these are distinct terms which almost always are used interchangeably. One thing to keep in mind is once the digital journey begins, each element in the digital chain…