MANUFACTURING TODAY ORGANISED ITS second annual summit, ‘Smart Factory 2022: Deployment in Present To Reap Profits of the Future’ virtually. The summit was presented by ServiceNow, along with Associate Partner PTC, Technology Partner SAP, Digital Transformation Partner Juniper, Industry Partner Hexagon, IoT Partner Tata Communications, and Business Development Partner Zebra Technologies.
ITP Media India MD Bibhor Srivastava kick started the event by a quick introduction to the summit’s broad objectives and the day’s proceedings while thanking the eminent members participating. Daimler India Commercial Vehicles MD & CEO Satyakam Arya delivered the Keynote Address. He said that future manufacturing would be different from what we see at present. “Manufacturing will be transformed into an ecosystem where data is collected at every point in the value chain and fed into AI and ML-powered algorithms,” Arya commented.
The assembly was welcomed by ServiceNow India Senior Director for Solution Consulting Venogopal Arcot who also delivered the Partner Keynote on the topic, Reimagining Manufacturing. Stating that the aftermarket business was changing, Arcot observed that 76 per cent of manufacturers had introduced or were planning to introduce new aftermarket services with a view of reaching the last mile.
CROSSING THE CHASM
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Multiphysics modelling in manufacturing
Multiphysics modelling is transforming manufacturing processes by improving precision and efficiency, as highlighted in the recent Manufacturing Today webinar, 'Multiphysics Modeling of Manufacturing Processes Using COMSOL\".
Revolutionising the automotive industry: Embracing 14.0 with AI & IOT
Advanced robotics is expected to handle 75% of production tasks by 2025, and AI-powered systems are improving quality control and reducing human intervention.
Adopting green chemistry
Adopting green chemistry is key for Indian manufacturers to drive sustainability and enhance their competitive edge.
A cleaner future for coolants
From extending equipment life to minimising environmental impact, the latest innovations in coolants and lubricants are redefining their role, transforming manufacturing in both operational and sustainable ways.
Forging growth and innovation
Kirloskar Ferrous Industries (KFIL) is driving growth in alloy steel and casting by advancing India's foundry and manufacturing capabilities, aiming to reach $2 billion by 2030. Sujatha Vishnuraj, Editor, Manufacturing Today in conversation with Ravindranath Gumaste, MD, KFIL, to know more about the company's commitment to sustainability and growth.
From Locksto Liftoff
A journey that began with a modest lock manufacturing unit has now evolved into one of India's premier multinational conglomerates.
Top 10 digital transformation strategies for manufacturing
In today's rapidly changing industrial landscape, digital transformation is critical for manufacturing companies aiming to increase efficiency, remain competitive, and enhance customer satisfaction.
Analytics in action
Advances in IoT and automation are transforming the testing, measurement and instrumentation industry, resulting in operational efficiency, data accuracy, and sustainability practices.
ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering
The ITL-CFC 50 Cutting Facing Chamfering Machine stands out as a highly efficient solution for metalworking industries, offering cutting-edge technology for precision operations.
MRF opens new Tyredrome service centre in Mumbai
The Tyredrome of MRF is manned and run by engineers and technicians trained at MRF.
