LARGE COMPANIES IN INDIA ARE transforming their diverse businesses through smart factory initiatives. What does that mean? It means they are looking at real time manufacturing insights from their plants. Again, what does that mean? It means real time visibility into manufacturing operations and the right analysis of production line losses at every stage. Data is acquired through sensors installed at each stage of the assembly line and that throws up real time insights into online efficiencies.
Today, technology is very important to manufacturing. Among the technologies that are important to the process and hybrid industries are: digitalisation because it triggers investments in many other areas from field devices, to MES, to IT/OT convergence, the digital twin which reduces engineering times and helps improve the performance and availability of installed assets.
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