Connecting industries, infrastructure cities digitally

Connecting industries, infrastructure and cities digitally

4:59 AM, 7th August 2018
Connecting industries, infrastructure and cities digitally

By Debarati Das

Digitization has been the buzz word in most of the industries for some time now. While some countries had whole-heartedly accepted this technology long time back, some are still in the process of adopting this transformation. Where does India figure out in this transformation and how much has digitization seeped into the Indian business domain?

To find answers to these questions, ARC Advisory Group organised its sixteenth India Forum. The two-day conclave focused on the topic- Digitizing and Securing Industry, Infrastructure, and Cities.

The forum had participants from a vast dissection of the Indian industry, both from process and discrete industries along with technology solution providers, end users, industry trackers and decision & policy makers.

“What started as few years back as cloud computing, IIOT, big data and 3D visualization, are now being adopted by many countries across the world including India. Today, companies are digitizing and are exploring the conversions between operation technology and information technology. Even the government around the world are supporting manufacturing growth initiatives and this emerging business model is allowing manufacturers to collaborate more efficiently,” said Ganapathiraman G, vice president and GM (India and South East Asian operations), ARC Advisory Group.

Digitization is everywhere - not just in big companies, but in as mundane an activity as ordering food online. This is because every process is becoming more connected and intelligent - streetlights, cars, gas turbines, and thermostats stream data. Buildings, refineries, oil platforms, mines, and wind turbines are optimizing asset and operating performance. Parking meters and distributed power grids deliver value to both consumers and operators. Design software can link to additive machines to print parts directly. And that’s how digitization is connecting industry, infrastructure and cities more intelligently.

“The digital infrastructure is evolving fast. Close to 7.5 billion people use mobile phones, 3 billion people are online and hence strengthening the digital infrastructure and increasing the use of social media will change the ways industries operate,” said K S Viswanathan, vice president, industry initiatives, NASSCOM.

He further added that the future of the industry is on software defined management. Among various industries that are fast adopting digitization, some of the sectors that are transforming the role of digitization are the retail sector and financial services.

“There are tonnes of data available to understand customers. Using this amazon is changing the buying pattern of its customers, automotive manufacturers are understanding the drivers better helping them make changes in the cars, aviation maintenance is being simplified,” added Viswanathan. “But more than all, India which has been an IT service provider for over 3 decades, is now becoming digital partners globally.”

“Digitization has literally come to our fingertips with booking a cab or ordering from Amazon. However, speed, quality, flexibility, efficiency, security are the consumer requirements today. If one wants to be a digital enterprise, one needs to address these issues seriously,” said Sameer Prakash, head, digital enterprise, digital factory division, Siemens Ltd.

Industry thought leaders from companies including Siemens, Wind River, Bentley Systems, Mitsubishi Electric India, Emerson, Steag, among others shared the latest trends, processes and technologies in this domain. And the common view among process automation providers is that India is on the right track to be digitally connected to the world.

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