Will Industry 4.0 Ever Rule the world?
Industry 4.0 is around us. Our LinkedIn feeds are consistently buzzing with innovations from Industries, in the areas of process Improvement, Disruptive ideas, and automation. Data-driven approaches are gaining traction to solve real-time problems, to avoid glitches in management.Concepts like cloud computing, data analytics, and Internet of Things are seeing the light of day in large scale manufacturing companies,...
Intelligent Workflow Design for Industry 4.0
Workflows are key to any business process, which defines a pre-defined execution path with a set of well-defined steps with conditions and rules as needed. Every business has certain set of processes which they need to follow and execute every day to run the business, but major part of it might be executed manually or decisions are taken on...
Planning to make a career in Industry 4.0 – What role suits you
Planning to make a career in Industry 4.0 - What role suits you Industry 4.0 had taken manufacturing industry by revolution. Almost every improvement project in factory shop floor that uses Information Technology as an enabler is getting named / renamed as Industry 4.0 initiative. Many professionals from manufacturing domain and consulting world wants to make their new identity as...
Achieving Manufacturing Excellence: a panacea
Modern theories of firm strategy integrating various analytics has not improved bottom line.... Disruption and Growth is the biggest organizational dilemma. Growth is directly proportionate to shrinking leadership ability. Acknowledging World class Status Manufacturing excellence has the ability to bring world class stature provided it is understood, implemented and practiced well. Being best of the best with ability to provide high...
Quality assurance vs Quality certification
The quest for quality reliability has pushed manufacturing companies to continuously upgrade their processes and increase the capability to deliver uncompromising quality. What was considered a benchmark for high quality conscious companies is now a norm.“0 ppm” is no more an achievement but a given, strongly demanded and driven by OEM`s. One day my quality and Manufacturing heads walk into...
Hyper Automation
Hyper Automation Use Cases in Manufacturing Sector A Netlabs Global Point of View When one thinks of Automation in Manufacturing context, the first thing that comes to mind is Robots in the assembly lines. However, the advent of digital transformation technologies like Robotics Process Automation (RPA), Artificial Intelligence (AI), Machine Learning (ML), etc. has also led toSoftware Robots (Bots) being adopted...
SIMA Skill Development Centre
India is a country today with 65% of its youth in the working-age group. If ever there is a way to reap this demographic advantage, it has to be through skill development of the youth so that they add not only to their personal growth but to the country’s economic growth as well. With proper skill development, the youth of...
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...
