The global manufacturing market is at the crossroads as the burgeoning competition, huge influx of technology, and volatile global economy has pushed the need for transformation across the manufacturing value chain. A reflection of this growing need is witnessed in the new programs and initiatives that are mushrooming across the world. Concepts like Industrial Internet of Things (IIoT), Industry 4.0, and smart or advanced manufacturing resonate the fundamental challenges pervading the global manufacturing landscape. At the supplier level, this has given way to the emergence of new applications with a heavy influx of commercial Information and communications technology (ICT).
The Indian Government has been quick to realize the importance of becoming a manufacturing powerhouse to sustain in this competitive global industrial environment. Initiatives such as Make in India have paved an easy path for global manufacturing companies to set up large-scale manufacturing plants in India. This will ensure the implementation of best practices in manufacturing in India.
With this background, the whitepaper talks about Internet of Industrial Things and the Four Functional Facets that will form the main backdrop, namely, Industrial Convergence, Services 2.0, Supply Chain Evolution, and Business Ecosystem. It can be defined as a new manufacturing framework that will be a confluence of technologies, collaborative exercises, and process innovations. Apart from this, the Whitepaper covers the following:
- Internet of Industrial Things (IIoT): The Four Functional Facets
- IIoT-based Technology Trends
- Manufacturing Sector in India
- Role of Automation in the Manufacturing Sector
- End Users’ Expectations from IIoT
- Challenges to IIoT Implementation
- Future of IIoT in India
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices
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