BUSINESS EDGE THROUGH EDGE COMPUTING
Edge computing is rapidly gaining popularity in industrial and commercial markets.From driverless cars to faster actions on video surveillance, to real-time push sales offers, to swifter shop-floor actions – edge computing holds the key to faster, real-time decision-making.Edge computing is also hailed as the fourth wave in the evolution of computation history.Let us briefly look back at this evolution...
Incentives / Benefits for Exporters
Renowned entrepreneur and venture capitalist Peter thiel in one of his best sellers ‘Zero to One’ opines that globalization takes a horizontal trajectory of growth whereas innovation takes a vertical trajectory and the world has seen lot of globalization right from the late 1850s till date whereas innovation has been largely restricted to technology i.e. the IT and Communication...
The Winning Leap (Ways and Means)
(The Business Landscape of future has tremendous opportunity for those who are willing to lay strong foundation based on fundamentals facilitated by Technology & Digital Assets) Authors work has off late been supported by Davos Agenda 2021 as reported by World Economic Forum in its recent article Manufacturing Reimagined: from improved productivity to profitable growth published on 18th Jan’21, compiled...
HOW TO BE A SUCCESSFUL EXPORTER
Export business is something which many MSME organizations have aspired to do, due to the potential of higher profit margins, timely scheduled payments, incentives and concessions from the Government, etc. However, many of the earliest Indian suppliers have failed, primarily because they haven’t been able to maintain the two important factors in this business – Quality & Timely Delivery....
8 reasons to digitize your factory
8 reasons to digitize your factory The Why? Based on the many successful projects completed in the manufacturing sector, over the past 25 years, my estimation is that normally, a manufacturing company that has implemented an MES software, in accordance with international standards, can save on an average, from 2% to 5% every year and benefit a quick ROI that usually is around a year and a...
The Industry 4.0 Implementation Roadmap
Industry 4.0 implementation roadmap, fourth industrial revolution, digitization, digitalization, and such others are the buzzwords that one often hears when captains of the industry meet. Numerous reports relating to those terms also appear in the media very frequently. These terms, often used interchangeably, describe how the tremendous developments taking place in computers, computer networks, information technology and its convergence...
Going Global with London as a Spring board
World Trade Center Bengaluru, Kochi and Chennai in association with London & Partners, WTC London, NASSCOM, Department for International Trade, Moore Kingston & Smith organized an online discussion on “Going Global with London as a Springboard”. Mr. Oliver Ballhatchet, British Deputy High Commissioner in Chennai; Mr. Hemin Bharucha, Chief Representative, London and Partners - India; Mr. Ian Matthews, Partner-Moore Kingston...
The Transformational Challenges
(This Article is to the benefit of Industry Captains & Board Members to meet the challenges ahead in adopting Industry 4.0 that requires sweeping transformation, reorganizing their talents and shift from conventional business practice) For past twenty years sustainability has become a strategic priority for global organizations. In absence of competitive advantage and with less returns, organizations have been experimenting...
India’s Manufacturing – Digitalize to Stay Relevant
Industrial Internet of Things (IIoT), artificial intelligence (AI), big data analytics, edge & cloud computing, and such other digital technologies are beginning to transform the global manufacturing industry. The exponential growth of the processing and computing capabilities of microprocessors, their availability at affordable prices, and their miniaturization & robustness have contributed to the growth of digital technologies and their...
Successfully Breaking into the U.S. Market
Key Considerations for Successfully Breaking into the U.S. Market Selling a new or relatively new product is never easy, and it becomes that much more difficult when you are trying to enter into a new country- especially the United States. I have worked in technical sales for US-based manufacturers, but also have experience representing foreign manufacturers. In one case I was...
A Game – Changer for SMB
Remote Asset Management with Field Service 4.0 - A Game-Changer for SMB The new dawn of the industrial revolution in the digital era has created an exciting space of products and services for small and medium-sized businesses. Field Service 4.0 has brought a digital transformation from reactive to proactive services. In fact, the field service management service has triggered many...
Textile Industry – From Surviving to Thriving
An Exclusive tête-à-tête with Dr. K.V.Srinivasan by D.K.Karthikeyan, Editorial Director - INDUSTRY 4.0. Over the years you have championed the cause of textile manufacturers, and with this journey you have taken many new responsibilities. But this journey has started from PSG College of Technology. Could you please tell us the impact PSG made in your career? I started my textile technical education in 1983 by...
INDUSTRY 4.0 – The Fourth Industrial Revolution.
Industry 4.0 as a manufacturing movement is reshaping the business of building products. Fueled by unparalleled machine intelligence and connectivity, industry 4.0 introduces Cyber-Physical Systems and IoT on the Assembly floor. Our modern manufacturing efforts are driving advancements in industry 4.0, bringing greater efficiency, quality and sustainability to the manufacturing process. The shift to smart factories is already well underway....
As a Customer Why Should I Buy from You?
This article deals with fundamental of business for having competitive advantage in VUCA World enabling growth with an aim to inspire organizations with sense of purpose. We are not living in monopolistic era. The world has moved from “Closed Economy” to “Open Economy” with Oligopoly. All of the countries and Economic Entities are bound by World Trade Agreement and its...
Digitalization in STEEL Industry
How a leading rebar manufacturer used Digitalization and Industry 4.0 Technologies to implement Material Traceability and Product Genealogy solution Overview This case study is of a leading Rebar manufacturers in secondary steel industry well known for its related product brand. It was looking for a solution that will help them digitalize the process of converting their raw material into finished product...
CODISSIA Defence Innovation and Atal Incubation Centre (CDIIC)
CODISSIA – Parent Organisation of CDIIC CODISSIA - The Coimbatore District Small Industries Association - is one of the largest Association for Micro, Small and Medium Enterprises in India, having come a long way since its inception in the year 1969, with about 40 members, today CODISSIA is having more than 6600 members from different sectors. CODISSIA is celebrating its...
Opportunities & Challenges for SME
Opportunities & Challenges for SME in the Indian Defence Manufacturing Sector The Editorial Team at www.industry40.com spoke to the security experts on strategic defence issues to find out their perspectives on opportunities for SMEs / MSMEs in the defence manufacturing sector. The whole article is derived based on a detailed analysis of the opportunities in defence manufacturing. An overview : Given the...
Zyngo – Delivering a better tomorrow
The world of automobiles has seen unprecedented transformation in the last decade. Coupled with environmental sustainability in purview, policy makers and producers have both come on the same page to develop an electronic breed that switches the entire industry from internal combustion to electric power, reducing tailpipe emissions and eradicating significant carbon trails. With a contemporary approach intertwined with a...
Economic slowdown and it’s impact
Good news first ! I’m going to spare our readers, by not mentioning about how and where the Covid originated, how it spread, the statistics of fatalities across the globe etc. Millions of bytes are being written all over the World about the economic slow-down and the consequences people are facing as well. Still, am writing this section from the point...
Major Barriers in Using Industry 4.0 implementation
Keeping in mind the worldwide evolutionary stage of Industry 4.0, this article is prepared with a view to discuss the shortcomings and decision-making in Industry 4.0 implementation. Also, the editorial team at www.industry4o.com spoke to the industry experts to find out their views and perceptions on the barriers to use Industry 4.0. The article seeks to present facts on...
