Author - unwiredcp

Digitalization for Discrete Manufacturing: New Roads to better efficiency & productivity

As we are inching towards better future with resilience and strong manufacturing practices, there are many changes that are getting visible. Everyone is welcoming different technology especially in manufacturing sector. Due to current pandemic, technology leaders have been put into battle which they were not expecting and not prepared. Even though digital transformation was on its way of taking strong roots, pandemic has fast tracked the growth and application of these technologies in our manufacturing industries.

Today, we are seeing the trend of digitalization across every domain and industry and it is only going to increase. Use of these technologies will help us with better understanding to rethink manufacturing from the customer’s perspective and provide outstanding services to exceed expectations and differentiate your business. Organizations can now manufacture tailor made products for their customers through engineer to order processes. We are living in a world of automation where everyone can work from home and still being able to complete all the tasks at hand. This has become trending across all industries not just in manufacturing. We now can optimize production planning & control and integrate supply chains so we can meet high demands immediately. Last but not the least, Organisation can create new businesses and focus on other aspects of our work due to reduced turnaround time and efficient mechanisms.

The Economic Times presents Digitization for Discrete Manufacturing: New roads to better efficiency & productivity roundtable discussion on 21th December 2020 from 5 PM to 6 PM. We will be discussing about the current trends like data analytics, internet of things, omni channel commerce and customer experience.

Speakers

Sumiit Lakhutia
Anchor & Senior Producer
ET NOW
Moderator

Anil Rao
CEO
NTT DATA Business Solutions India

Priyabrata Sarangi
CIO
DCM Sriram Industries Ltd.

Ravi Raghavan
CEO
Bharat Fritz Werner

Vineet Sahni
Group CEO
Lumax DK Jain Group

Agenda

05:00 – 05:05

Opening remarks by ET Edge

05:05 – 06:00

Digitization for Discrete Manufacturing: New roads to better efficiency & productivity

 

Getting ready for a remote/connected workplace
Balancing productivity, collaboration and security
Future of work from home dynamics and its impacts
Future of customer experience in plants
Real-time data analytics, insights and business effects
Reimagining business with new technologies such as AR, VR & IoT
Cloud and switching from legacy architectures
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The Data Sessions Accelerating Business value through data and analytics

Overview

As businesses realise that questions around digital transformation are changing from “if” to “how fast can we can pivot?”, top executives have to plan out a new data-led strategy for operations as it can radically change product delivery, customer experience, bring down time to market, increase productivity and help expand to new markets.

Data at the centre

Data, undeniably, is everywhere – and day after day, as the digital world transforms more human actions into data-generating experiences, its volume continues to grow. In fact, by 2025, data-driven interactions will reach 4,785 per person per day, as the global “datasphere” grows to 163 zettabytes.
All that data represents a massive opportunity for financial services organizations. Intelligence. Optimization. Innovation. Revenue. Expansion. Risk Management. And competitive edge. So where do data-driven insights have the most impact? And what types of benefits can you expect to see?

Introducing The Data Sessions – Accelerating Business value through data and analytics

Forbes’ David Kirkpatrick famously claimed, “Now every company is a software company.” The same thing has become true of data: Every company is now a data company, too. That’s because insights from analytics have become an essential driver of innovation, optimization, and competitive edge.

Speakers

Armstrong Mejilla
Presales Manager
APAC, Qlik

Manoj Kumar
Lead Digital transformation and cluster head (Senior Vice President)- Oncology
Transplant and Plasma

Thiagaraja Manikandan
President & Global CTO
Olam International

Thompson P Gnanan
Chief Digital Business Officer
Conneqt Business Solutions

Vijay Aggarwal
CTO
BharatPe

Ankush Gadi
Director, Data Management & Analytics Growth, Innovation and Excellence Hub
CRISIL Limited

Moderator

Agenda

16:15 - 16:30

Registration

16:30 - 16:35

Opening Remarks by ET Edge/Moderator

16:35 - 17:20

Panel Discussion: Accelerating Business value through data and analytics

Everyone can agree that data is a strategic asset, containing tremendous potential value. Data is everywhere, always growing, always changing and nearly all companies can use it to their advantage.  How can your business keep up with it, and get the most value out of it? The point of analytics is to unlock that value by delivering the insights that drive transformation – and ultimately competitive edge.

This session, which will include five panellists and a moderator, will look at using data and analytics across sectors and why it is relevant. It will also focus on the impact of data & analytics in the areas of Customer intelligence, reimagining processes, identifying new business opportunities and balancing risk & rewards. Discussion points will include:

  1. Closing the gap between relevant data and actionable data
  2. Getting actionable insights from actionable data anytime, anywhere
  3. Using AI and machine learning for actionable insights
  4. Using data to improve customer experiences and drive increased lifetime value through customer intelligence
  5. Optimize every aspect of business for efficiency and productivity by reimagining processes
  6. Identifying New Business Opportunities - Develop new products, services, and revenue streams with insights gleaned from data – or monetize the data itself
  7. Get insight into internal and external factors to make faster, smarter decisions around risk

 

17.20 - 17.30

Closing remarks by Moderator
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Respond, Recover, and Innovate to Differentiate

Overview

The Indian automobile sector, which was already gasping for demand in FY20, saw business come to an absolute standstill when the country went under lockdown in the last week of March and continued for over a month.

The fourth largest automobile market in the world that sees sales of over 3.99 million units in the passenger and commercial vehicles categories was however one of the fastest sector to make its road to recovery driven by pent up demand and the need for personal mobility over public transportation as government started easing lockdown measures.

But a lot had changed in these months, the demand currently is being seen from tier-ii, tier-iii cities and rural-urban regions of the country. Other changes include the change in aftersales service and the demand for connected and electric cars. These changes are forcing automobile manufacturers and suppliers to change their supply-chain and in turn production cycle. Experts have said that the shortage in the availability of production staff has also forced grey clouds over the heads of first executives in several organisations.

And the only efficient and resilient way to surge out of this pandemic-driven crisis seems to be digitisation, especially in the face of changing consumer demands. Automotive OEMs and their suppliers will need to address current supply chain disruptions, production capacity issues and workforce constraints in the short, mid and longer term. All stakeholders in the sector need to take a critical look at strategies to increase operational efficiency and meet business continuity objectives, along with expanding digital tools and platforms.

Taking a different approach to digital transformation will be key to future success. This will require moving away from the traditional model of lengthy technology projects toward a more service-based approach that provides a quicker, smarter way to respond to changes in technology, the industry and the business.

Introducing the Reimagining Retail Round table – Respond, Recover and Innovate to Differentiate

Preparing for the ‘new normal’ will require a thorough review and reprioritization of current strategic roadmaps and investment efforts. The Economic Times Accelerating Automotive RT, powered by Itelligence, is an effort to understand and guide automotive industry stakeholders to identify challenges and opportunities during the new normal and showcase a roadmap that will lead to a new digital strategy with the aim of creating business resilience for the future.

The platform will look at key issues such as myriad challenges facing the auto sector today to discussing how present-day technologies can be used to unlock new opportunities. The discussion will also focus on building a secure yet simpler IT experience in order to form a mozette of its own.

Agenda

14:45 - 15:00

Registration

15:00 - 15:05

Opening Remarks by ET Edge/Moderator

15:05 - 15:50

Panel Discussion: Accelerating Auto in India – building resiliency through digital transformation  

This session, which will ideally have seven panellists along with a moderator, is going to be led by leaders who are going to apprise the audience of the possible challenges of attainting business resiliency and how to go about tackling them in a post-Covid world in the auto sector. The leaders are also going to shed light on how companies can look at moving to the growth track sustainably in a response to fight the economic despondency being led by the pandemic and also ensure that the organisation is protected against future shocks. Discussion points will include:

  1. Challenges in the auto sector in a post-Covid world
  2. Reading and understanding the new-age customers, demand
  3. Re-wiring supply chain visibility and out-bound logistics
  4. Redesigning processes to meet market demand (aftersales service)
  5. Re-engineering/Transforming products (quality management)
  6. The need for big data and analytics (business intelligence)
  7. Secure, agile yet simple IT architecture
  8. Creating new delightful experiences for consumers
  9. Rewiring internal processes

15:50 - 16:00

Question & Answer Session

16:05

Closing remarks by ET Edge

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Accelerating Business value through data and analytics

Overview

“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.” – Mark Zuckerberg. The state of India is very relevant to this very popular quote by one of the youngest and greatest leaders of our times. In the past 7 to 8 years, the Government’s agenda has been to accelerate growth and position India as a pioneer in every possible domain. The vision of $5 trillion economy is distant, but achievable and industry 4.0 is poised to achieve this goal, and in this journey, Public Sector Enterprises or PSUs will play a major role.

Since the independence, PSUs have played a crucial role in the overall development of our country by providing a balanced regional development and in equitable redistribution of wealth and income. To achieve the target of making India a US$ 5 trillion economy, the government would like the PSUs to play a bigger role by increasing their contribution to our GDP from the current level of contribution. And this can only be possible by adoption of intelligent digital transformation i.e data analytics, transparency, thereby efficiency improving operations and reducing costs. All these to ensure that the pillars of our economy, the Public Sector Units, are future ready to tackle any unforeseen events, such as the coronavirus pandemic.

Introducing The Data Sessions – Accelerating Business value through data and analytics

Forbes’ David Kirkpatrick famously claimed, “Now every company is a software company.” The same thing has become true of data: Every company is now a data company, too. That’s because insights from analytics have become an essential driver of innovation, optimization, and competitive edge.

Speakers

Moin Afaque
Deputy Director General of Foreign Trade
Department of Commerce
Ministry of Commerce & Industry
Government of India

Rajiv Chandra
Executive Director (IS)
Hindustan Petroleum Corporation Limited

S. Ramann
MD & CEO
National E-Governance Services Ltd

Shanmugasundaram .S
Chief General Manager (Maintenance / P&U)
Chennai Petroleum

Vartika Shukla
Director (Technical)
Engineers India Limited

Rajiv Maskara
Qlik India
Moderator

Agenda

16:15 - 16:30

Registration

16:30 - 16:35

Opening Remarks by ET Edge/Moderator

16:35 - 17:20

Panel Discussion: Accelerating Business value through data and analytics in PSUs

It is widely acknowledged that data is a strategic asset, containing tremendous potential value. Data is everywhere, always growing, always updating itself.  How can your business keep up with it, and get the most value out of it? The point of analytics is to unlock that value by delivering the insights that drive transformation – and ultimately competitive edge.

This session, which will include five panellists and a moderator, will look at using data and analytics for the PSUs and why it is important to know more about it, given the fact that most of the PSUs are effectively using digital in their operations. What is the X Factor that the decision makers need to know which promises to strengthen their growth story? The focus will be to understand How this X Factor can provide that little extra edge to improve central and state operations, save budget, predict the unforeseen challenges and prepare the action points before hand.
Discussion points will include:

  1. Closing the gap between relevant data and actionable data
  2. Getting actionable insights from actionable data anytime, anywhere
  3. Using AI and machine learning for actionable insights
  4. Improving operations and reducing costs
  5. Gain situational awareness & preparedness
  6. Make better government decisions with analytics
  7. Optimize every aspect of business for efficiency and productivity by reimagining processes
  8. Get insight into internal and external factors to make faster, smarter decisions around risk

17.20 - 17.30

Closing Note

17:30

Close of the Webinar
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How the race for a COVID vaccine is revolutionizing Big pharma & Role of Digital Infra for Delivery?

Due to the humanitarian and economic crisis resulting from the COVID-19 situation, there is now an urgency to accelerate the process of discovery and bring out a solution. While several countries are gearing up to start production as soon as a vaccine is discovered, this in itself would not be the end of the road. There are several challenges associated with the accelerated approval of any vaccine. Needless to say the successful restoration of normalcy in the world — socially and economically — depends on the success of these vaccine development ventures.

Months of the pandemic! A lot has happened – from fears of raw material supply disruptions to expedited approval of repurposed medicines and now hopes pinned on vaccines. The discussion will bring perspective on real world examples of how different organizations are competing in the race of vaccines and how global pharma organizations are embracing digital route to ensure smooth vaccine delivery during these difficult times:

  • How did the pharma industry dealt with and responded to the global pandemic?
  • How close is world to discovery of a viable vaccine?
  • Can Indian firms rise to the challenge? Where do we stand in terms of large-scale manufacturing capabilities?
  • How digital infrastructure can help us through the COVID-19 crisis?
  • What are the main ways the global Covid-19 pandemic has transformed Pharma companies’ digital strategies?
  • A digital platform like approach is going to work when it comes to vaccine dissemination and distribution in India?
  • Re-imagining a hybrid commercialization model in the new normal

Register Now

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Pivoting the Future of Modern IT in a Post-COVID World

If 2020 was the year of making some hard decisions, 2021 is the year to gauge the outcome of those decisions and to take stock of the challenges encountered to devise a future-proof modern IT architecture.

The pandemic had forced businesses to make difficult choices — Transform their IT infrastructure to enable remote work or save money by not making the transition but sacrifice employee experience and productivity for an unknown amount of time.

However, with time, organizations are realizing that it’s high time to accelerate dependency on robust technology, including reliable services, and to increase organizations’ need for customizable, modern IT solutions deployed at scale.

As businesses continue to adapt to the new ‘Smart Normal’, the need of the hour is to invest in the right IT infrastructure to enable employees to work from home securely and plan their move to modern IT post-Covid-19.

They should also contemplate managing IT Fleet proactively through End-to-End and modular deployment model.

For a deep dive into the IT infrastructure arena in the post-Covid world, join us for an ET Unwired Episode, Pivoting the Future of Modern IT in a Post-COVID World, in association with Lenovo.

Key Takeaways:

  • What steps should your company take as they plan their move to Modern IT post-COVID-19?
  • How can you maximize the return on your IT Investments over the life of your IT assets?
  • What steps can be taken to proactively manage your IT Fleet through End to End and modular deployment model?

Speaker

Rohit Midha
Director – Services Sales
Lenovo India

Register Now

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Why an Open, Hybrid Cloud Architecture is essential to your customer’s experience

Overview

If the pace of the pre-coronavirus world seemed fast, then time, in an evolutionary sense, post the pandemic seems to have transgressed further. Businesses that once mapped digital strategy in one- to three-year phases must now scale their initiatives in a matter of weeks.

In short digital transformation is no longer an option.

The coronavirus pandemic has accelerated the move to digital transformation as customers reacted swiftly to the lockdown and the shift by their staff to home working. Also, now more than ever, customers are relying on digital interactions with business, expecting them to be seamless and secure.

And one of the most fundamental aspects of digital transformation is to build a cloud strategy.

KPMG in a report claims that with typical IT organizations spending over 30% of their budget on infrastructure (primarily data centers and data networks), shifting some or all of this work to the cloud can save organizations anywhere from 10-20% of their annual IT budget, savings that can either be returned to the firm or reinvested in growth and innovation.

A recent whitepaper by IDC, shows the customers that migrate to specific cloud services can experience 51% reduced costs of operations, 62% increased IT staff productivity, and 94% reductions in downtime.

Some of the other benefits of cloud computing includes — faster deployment, enhanced security, remote and always-on monitoring, and reduced footprint.

Introducing ET’s The Cloud Innovation Series webinar

As businesses realise that questions around digital transformation are changing from “if” anymore; to “how fast can we can pivot?” to “what are the costs involved?”, the Economic Times The Cloud Innovation Series, powered by IBM, is an effort to understand how enterprises and applications can benefit immensely from discussions on how a string architecture strategy and deep industry expertise are critical to a hybrid cloud journey and digital transformation success. Join the webinar to learn why open architecture matters as business embark on their digital journey and why hybrid cloud matters to bridge the gap between the new world of cloud and traditional technology investments.

Agenda

02:45 – 03:00

 Registration

03:00 – 03:05

 Opening Remarks by ET Edge/Moderator

03:05 – 03:50

 Panel Discussion

03:50 – 04:00

 Q&A Session

04:00

 Closing remarks by ET Edge

Register Now

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The Dataversity : Linking data and performance (Stream-Understand-Act)

Overview

If the pace of the pre-coronavirus world seemed fast, then time, in an evolutionary sense, post the pandemic seems to have transgressed further. Businesses that once mapped digital strategy in one- to three-year phases must now scale their initiatives in a matter of weeks.

The coronavirus pandemic has accelerated the move to digital transformation as customers reacted swiftly to the lockdown and the shift by their staff to home working. There has been plenty of anecdotal evidence of rapid shifts across most verticals as the world has changed over the past six months. Some of these examples include banks going digital almost completely, automobile manufacturers selling cars online to more accelerated widespread penetration and adoption of e-commerce across sectors.

However, with changing market conditions and economies still in flux along with the threat of the pandemic extending for many more months, organisations and leaders must reassess their digital initiatives in order to prepare them for both the short-term as well as the post-crisis world. Key business decisions such as hitting the market faster, customising for demand and knowing the customer including expanding to other markets or segments will play a very important role in ascertaining if businesses stay afloat in the long run. And we have seen that organisations have resorted to big data and analytics to find more business intelligence to find answers to the changing market conditions. But have they been successful?

Researchers still believe that the answer to that question is a “no’. According to a report from Forrester, while 74% of businesses want to be data-driven, only 29% are good at connecting analytics to action. Another report from Gartner found that more than 60% of models are developed with the intention of operationalizing them but were never operationalized.

While algorithm-driven businesses will become the new leaders, augmenting traditional analytics with more data, faster ingestion, and analysis, new expectations, while reducing costs seems to be only option to be future-ready.

Getting more out of analytics

Analysts believe that it has taken 15 years or so for companies to harness about 50% of the productivity potential of the Internet, and the next 50% of productivity gains likely require connecting things. The Internet of Things (IoT) is causing an interconnected world where “smart” devices allow things and people to be connected from anyplace, anytime, with anything and anyone. However, the IoT data loses its value if it is not detected and acted upon immediately. That is where real- time streaming analytics can help.

Organizations in every industry have data streaming available from applications, social media, sensors, devices, websites, and more. Analysing this data in real-time, rather than storing it and analysing it later, can provide critical, actionable insights in many operational and functional areas.

Essentially, streaming analytics is all about extracting business value from data in motion in the same way traditional analytics tools make use of data at rest. Real-time streaming analytics helps companies of all sizes by issuing alerts instantly when a customer’s experience is degraded, or fraud is detected.

Additionally, information derived from real-time analytics can be used to identify anomalies and business changes (a sudden spike in demand for a product or service, or a defect in manufacturing) as they occur. Such information allows companies to take instant action and seize an opportunity that they otherwise might miss.

Use cases of real-time analytics performed on streaming data can be found in cybersecurity, financial services, retail, manufacturing, the energy industry, healthcare, and many more.

Introducing ET’s The Dataversity webinar

As businesses realise that questions around digital transformation are changing from “if” anymore; to “how fast can we can pivot?” to  “what are the costs involved?”, the Economic Times The Dataversity webinar, powered by Cloudera, is an effort to understand how enterprises and IoT applications can benefit immensely from real-time streaming analytics by visualizing the business in real-time, cutting preventable losses, detecting urgent situations and automating immediate actions.

Agenda

02:45 – 03:00

 Registration

03:00 – 03:05

 Opening Remarks by ET Edge/Moderator

03:05 – 03:50

 Webinar Presentation by Piyush Agarwal – Presales Head Cloudera

03:50 – 04:00

 Q&A Session

04:00

 Closing remarks by ET Edge

Register Now

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AI Driven Enterprise- Networks of the Next Decade

With each passing day, the enterprise networks are growing at a rapid pace on account of the vast programmability of devices and flexibility in their configuration. According to a report by Grand View Research, Inc, the global enterprise networking market is expected to reach USD 64.63 billion by 2021, growing at a rate of 61%.

With the number of devices, operating systems, applications, and users continues to grow, this is leading to unimaginable levels of network complexity. The need of the hour is to leverage artificial intelligence to stay ahead of the curve.

AI-driven insight, automation, and actions maximize the experience for all users. Besides, it also brings unprecedented simplicity, reliability, and security to enterprise network. From wired and wireless access and SD-WAN, to campus and data centers and multicloud environments, the power of an AI-driven enterprise is immense.

Join an ET Unwired session, AI Driven Enterprise- Networks of the Next Decade, powered by Juniper Networks, to enhance your enterprise networks with AI.

Also, get to learn how to unify the various components of the access network under a single cloud and AI-engine which will help customers transform to an AI-Driven Enterprise. This connotes more visibility into user experiences coupled with even broader automation for more seamless and cost-effective IT operations.

Key Takeaways:

  • Deliver the best experiences with AI-driven insight and customizable service levels.
  • Lower your Opex and increase network reliability with automated workflows.
  • Stay ahead of threats with Connected Security mechanism.

Register Now

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The Digitisation Drive for Business Agility

Overview

Decoding how enterprises are transforming business operations with Intelligent Digital Business Automation

Discussing industry use cases with industry experts
For the uninitiated, digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.

And there is a case to be made for business and financial prudence when we talk about digital transformation. According to Deloitte Insights, digitally mature companies enjoy a wide range of specific benefits arising from their digital transformations that include, but go well beyond, the bottom line. Many of these benefits, such as agile business processes, reduced time-to-market and customer satisfaction, contribute to better financial performance. Others, such as reducing environmental impact and increasing workforce diversity, are increasingly seen as part of companies’ broader social responsibility.

India as a market presents a huge opportunity for digital transformation as companies are looking to digitise to build future resiliency and keep their operations profitable.

ET Edge Unwired

As businesses realise that questions around digital transformation are changing from “if” anymore; to “how fast we can transform and scale up?” In the Economic Times Digitisation Drive for Business Agility webinar, powered by Datamatics & IBM, industry experts who have successfully implemented Intelligent Digital Business Automation will discuss the challenges and opportunities in their Digital Transformation journey.

Speakers

Abhishek Arora
Vice President – Information Technology
K Raheja Corp

Amit Thapliyal
Head Technology
ManipalCigna Health Insurance Company

Jitendra Agrawal
Executive Vice President, Business & Service Excellence
JHDFC Life

Navneet Bansal
CEO – Head Global Business Services – Finance, Commercial
HR – JSW

Vipin Paliwal
Sales Leader – Digital Business Automation (India & South East Asia)
IBM

Sachin Rane
Executive Vice President, Head – Software Solutions
Datamatics

Moderator

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