Tech Mahindra has set up a lab which works on technologies that are expected to power future manufacturing. The lab will showcase assets and solutions in the areas of digital manufacturing, artificial intelligence, connected machines, additive manufacturing, robotics & automation and augmented reality & virtual reality-related technologies. India's fifth largest software exporter works with IBM on its Watson technology in the area of IoT.

Further, the lab will demonstrate solutions and products, along with software and hardware vendors.

“Industries world-over are going through a massive transformation, a transformation that is driven by the advances in newer technologies, especially things like IoT and robotics and we are looking to lead in these areas and have invested in building capabilities to harness the opportunities,” said L Ravichandran, President and Chief Operating Officer, Tech Mahindra.

From being a mostly people or labour-intensive model in the late 80s, manufacturing is increasingly adopting automation software and platforms, and is now at a cusp of embracing the next generation of automation wherein robots will work alongside humans in a connected factory floor that is powered by technologies such as AI, and Machine Learning, company officials added. Research firm IDC estimates that by 2020, nearly two-thirds of all work in factories will be completed by one of these “cobots” or collaborative robots while robotics will have five times the capability at one-fifth the cost of what was available in 2015.

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