The AAA+ Future of Manufacturing
Digitisation of manufacturing is a reality that some have adjusted to quickly while others face challenges.
- Nov 14, 2018,
- Updated Nov 16, 2018 2:51 PM IST
The fourth industrial revolution or Industry 4.0 is transforming the world of manufacturing. As digitisation becomes the norm in manufacturing, industries across the globe are adopting technologies that are disrupting traditional manufacturing. The technologies being adopted include artificial intelligence (AI), robotics, 3D printing, industrial internet of things, digitisation, big data analytics and cloud computing.
To discuss the impact of these cutting edge technologies and the possible future of manufacturing, Business Today organised a Roundtable Discussion in collaboration with global audit and consulting firm PwC. The theme of the discussion was: The AAA+ Future of Manufacturing: Automated, AI-Powered and Additive.
The panelists included Mukul Saxena, Executive Vice President and Chief Technology Officer (CTO), Havells India; Vijay Sharma, Head-Sales for Jindal Stainless; Roy John, GM (Operations), ITC Ltd; and Pavan Kumar Kolahal, IoT Business Consultant, Ericsson India. The discussion was moderated by Deepak Malkani, Leader, PwC, and Prosenjit Datta, Editor, Business Today. Excerpts:
Additive manufacturing is truly a transformative paradigm as it gets manufacturing much closer to the consumer. Apart from established use cases on 3D printing, I think there is huge application for innovation. I mean the most basic thing we have seen is where we have 3D printed cappuccino cups with design on top at CCD.
However, I think as we progress from plastic to other materials, it can really transform many industries and get manufacturing closer to customers. And on top of that is 3D printed food which can get children engaged in toy types of things which are nutritious. There are start-ups talking about these things. That is really a transformative change but it will have to be combined with advances in material science today. Maybe plastic, concrete and other things can be 3D printed.
The fourth industrial revolution or Industry 4.0 is transforming the world of manufacturing. As digitisation becomes the norm in manufacturing, industries across the globe are adopting technologies that are disrupting traditional manufacturing. The technologies being adopted include artificial intelligence (AI), robotics, 3D printing, industrial internet of things, digitisation, big data analytics and cloud computing.
To discuss the impact of these cutting edge technologies and the possible future of manufacturing, Business Today organised a Roundtable Discussion in collaboration with global audit and consulting firm PwC. The theme of the discussion was: The AAA+ Future of Manufacturing: Automated, AI-Powered and Additive.
The panelists included Mukul Saxena, Executive Vice President and Chief Technology Officer (CTO), Havells India; Vijay Sharma, Head-Sales for Jindal Stainless; Roy John, GM (Operations), ITC Ltd; and Pavan Kumar Kolahal, IoT Business Consultant, Ericsson India. The discussion was moderated by Deepak Malkani, Leader, PwC, and Prosenjit Datta, Editor, Business Today. Excerpts:
Additive manufacturing is truly a transformative paradigm as it gets manufacturing much closer to the consumer. Apart from established use cases on 3D printing, I think there is huge application for innovation. I mean the most basic thing we have seen is where we have 3D printed cappuccino cups with design on top at CCD.
However, I think as we progress from plastic to other materials, it can really transform many industries and get manufacturing closer to customers. And on top of that is 3D printed food which can get children engaged in toy types of things which are nutritious. There are start-ups talking about these things. That is really a transformative change but it will have to be combined with advances in material science today. Maybe plastic, concrete and other things can be 3D printed.