The second day of ARC Advisory Group’s 14th India Forum for the process and discrete industries, Industry in Transition: Navigating the New Age of Innovation, continued on the same enthusiastic note as on the first day. Please read about
the Day1 Key Note speeches here.
Market volatility and increased competition make it imperative to automate and streamline industrial processes. The very nomenclature has changed; “legacy system migration” no longer refers to just equipment upgrade – today it involves being more adaptable and transparent, collaborating across geographies, implementing the most result-giving solutions, and being innovative. As industries transition through this phase it becomes clear that new trends, such as the Industrial Internet of Things (IIoT), cloud computing, digitalization, and Big Data/analytics are revolutionizing the business world. The keynote and other presentations and interactive Q&A sessions on the Forum’s second day drove home the fact that in an interconnected world all processes are important and interlinked – technologies, systems, information, things, and people. To achieve operational excellence suppliers and end users must track market trends, be energy efficient, adopt smart manufacturing and digitalization, and constantly innovate.
In this blog we will focus on the excerpts of the speeches made by Bob
Gill, (General Manager, Southeast Asia, ARC Advisory Group), Dr. B. Ashok, (Deputy
Project Director of India’s Aeronautical Development Agency) and G.
Ganapathiraman, (ARC India’s Country Manager).
Mr. G. Ganapathiraman, spoke about how to manage major automation projects – greenfield and brownfield – to drive business value. His presentation explained how a collaborative process automation system helps meet modern business objectives. He also spoke about how the main automation contractor (MAC) approach provides a central point of coordination and responsibility for all aspects of an automation project. This approach works because many processes, functions and technologies, often from disparate sources, need to be integrated to provide a modern
Dr. B. Ashok, gave an overview of the aerospace sector and said that it’s a “low-volume, high-value, high-risk,” industry. The gestation period for new airframes is long (15 years from design concept to fleet induction) and the sector is highly regulated. Additionally, there is a huge challenge of managing and integrating diverse vendors and their components. The game changers are computers and avionics. He gave recent examples of fatal accidents being averted because of new-age technologies.
In his presentation, Bob Gill, discussed the industrial opportunities in the ten countries that comprise Southeast Asia, cumulatively the sixth largest economy in the world, with a population of over 630 million. Speaking about the economic and investment climate in the region, Mr. Gill said that there is huge potential for industrial growth and automation. Some key takeaways about the region:
• Already a major manufacturing base
• Large, young, and increasingly affluent population
• Abundant natural resources
• Require large investments in infrastructure
ARC’s India Forum, like all ARC forums hosted globally, provided a meeting place for suppliers, end users, and industry trackers to brainstorm and understand the new technologies that are connecting the world. The presentations and case studies provided a direct view into operational efficiency, new products, innovations, and how they have collaboratively transformed the global business landscape. It is evident that Smart Manufacturing, Industrie 4.0, IIoT, and similar approaches have moved beyond the concept stage and proved that such technologies offer a plethora of benefits that include improved quality, productivity, accuracy, and customer satisfaction.
About ARC Advisory Group (www.arcweb.com): Founded in 1986, ARC Advisory Group is a Boston based leading technology research and advisory firm for industry and infrastructure.
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