Sustainability 4.0
Advancement in Manufacturing through Sustainable Industry 4.0 Manufacturing industry has undergone significant transformation over the last few years, driven by technological advancements, shifting market demands, and global disruptions like the COVID-19 pandemic. Here are some key trends and developments that have shaped modern manufacturing: 1. Industry 4.0 and Smart Manufacturing : Industry 4.0, often called the Fourth Industrial Revolution, has been...
Top Five Key Risks to Focus
Top Five Key Risks to Focus on for Strengthening Banks’ Fundamentals and Risk Frameworks: A Chief Risk Officer’s Perspective Introduction In today’s rapidly evolving financial landscape, banks face an array of complex and interconnected risks. The role of the Chief Risk Officer (CRO) has become pivotal in identifying, assessing, and managing these risks to safeguard the institution's stability and growth. With...
Unified Communication Platform
Overcoming the Challenges of Business Collaboration & Communication in Indian Enterprises In India’s fast-paced business environment, effective collaboration and streamlined communication are essential for business growth. However, many Indian businesses still grapple with scattered communication, relying heavily on platforms like WhatsApp and email to coordinate with different processes, partners, and vendors. While these tools do have a place in business,...
AI/ML in the Field of Stress Testing
Leveraging AI/ML Solutions to Overcome Key Challenges in CCAR Stress Testing Introduction This article examines the evolution of regulatory stress testing, the expectations of internal and external stakeholders, the key challenges facing financial institutions, and the potential of AI/ML solutions to reshape stress testing processes. Regulatory stress testing has become a cornerstone of financial stability since the 2008–2009 financial crisis, which...
Before Industry 4.0
Before Industry 4.0 : Laying the Foundations for Manufacturing Excellence Embarking on the Industry 4.0 journey is an exciting frontier for manufacturing organizations. Before committing to large-scale investments in advanced technologies and AI-powered systems, a culture of excellence needs to be built. Fostering this culture is a critical first step to ensure that the organization is prepared to fully leverage...
Defending Iconic Brands
Defending Iconic Brands : Delhi High Court Sides with Amul in Trademark Dispute Victory Introduction Amul is more than just a brand, it is a part of India's cultural and emotional landscape, woven into the memories of generations. From the classic "utterly butterly delicious" ads that graced billboards across the country to the essential role it plays in daily life, Amul...
Beyond the Blink: Decoding the Data Deluge
Beyond the Blink: Decoding the Data Deluge with Skewness and Kurtosis ( Part - 2 ) Beyond the Blink: Decoding the Data Deluge with Skewness and Kurtosis ( Part - 1 ) Part Two : Handling Kurtosis in Data Analysis: Managing Outliers and Variability We've explored skewness and how it reveals the imbalance in a data distribution. Now, let's turn our attention to...
Empowering Worker Platform thru Digital Solutions
Microplásticos Improves Workers’ Learning Curve with Glartek’s Digital Solution Glartek, a leading provider of innovative Connected Worker solutions powered by AR for the manufacturing and asset-intensive industries, has today announced the positive outcome of the introduction of its innovative digital solution to streamline Microplásticos complex assembly line operations. Microplásticos, a powerhouse in the production of high-quality dimensional plastic components, has...
Data Flow
MQTT Sparkplug and Apache Kafka Streamline Data Flow from the Plant to Decision-Making With the exponential growth of data being generated at the edge of the network, the challenge of finding efficient solutions to manage this data becomes more pressing. MQTT Sparkplug and Apache Kafka, with their complementary strengths, present an ideal combination to address this challenge. These technologies allow industrial...
Digitisation in Manufacturing
Digitisation in Manufacturing Industry 4.0 is the era of smart manufacturing, the “next big thing” for factories and businesses. As per the RBI’s 64th OBICUS survey, capacity utilization of manufacturing companies rose to 74.7% in the quarter ending December 2023, up from 74% in the September 2023 quarter and 73.6% in the June 2023 quarter. The survey included 813 companies....