Courtesy: Technology Times
Cyberattacks from Pakistan-based hacker groups targeting India have increased. The stepped-up cyber activity comes in the backdrop of Islamabad's new cyber security policy and expanded digital cooperation with China. India must bolster its existing abilities in cyber forensics and regulations to counter the enhanced Pakistani threat.
Courtesy: Shutterstock
The Bay of Bengal is a natural bridge between South and South-East Asia, which New Delhi seeks to optimise. But progress on India's Act East policy has been slow, creating a space for China's Belt and Road Initiative to step into. While India cannot match China’s cheque-book diplomacy, it can use its start-up industry to pursue a combination of physical, technological and financial projects to improve regional connectivity.
Courtesy: QiO Technologies
UK-Pune based QiO Technologies is an industrial software analytics company that focuses on digital transformation. QiO differentiated itself by complying with and certifying its products with European GDPR standards, creating trust and a wider client-base. It offers a unique subscription plan based on investment returns, making it an attractive option for manufacturing MSMEs.
Courtesy: www.aithority.com
Altizon’s product uses machine data to help better business decision-making for its overseas manufacturing customer base. It particularly improves productivity, power and utilities consumption and predictive maintenance. Altizon is now in the prestigious Gartner Magic Quadrant, one of only 16 globally-recognised niche players for Industrial IoT platforms. It is getting attention from Indian SMEs.
Courtesy: BITS Pilani
In June 2019, BITS Pilani became the first academic institution, globally, to offer a Master’s programme in Digital Manufacturing. The programme, currently open only to working professionals, focuses on developing an expertise in the manufacturing of the future including Industrial IoT, additive manufacturing, big data analytics, industrial cybersecurity, and logistics and supply chain optimisation. The ongoing pandemic has exponentially increased digital adoption, increasing the demand for the study of digital manufacturing within corporate India.
Courtesy: ClairViz
ClairViz offers products and services that help manufacturing companies digitally transform their factory floor. It uses its project engineering, design, electrical, automation and software skills to transform them into modern, data-driven facilities. This start-up smartly benefits from government programmes: housed in a state-supported incubator, clients are public sector enterprises mandated to use small and medium entrepreneurs in their supply chains.
Courtesy: LinkedIn | Drishti
Using computer vision and AI to capture factory-wide data of human operators, Drishti Technologies co-relates human actions to line efficiencies, bottlenecks and root-cause analysis. Indian manufacturers operating at the lower end of the automation curve can use this combination to improve productivity, safety and quality by a deep-dive into human-action analytics.
Courtesy: C4i4
C4i4 is a part of the Government of India's Samarth Udyog initiative, and aims to hand-hold micro, small and medium enterprises (MSMEs) in the journey towards digitisation. Though MSMEs account for 45% of manufacturing output and 40% of exports, almost 90% of them lack access to markets beyond their limited geography. C4i4 helps them scale productivity and quality, and compete in global markets.
Courtesy: Shutterstock
The future is likely to see ‘Big FinTech’ replace ‘Big Tech’. But this time around, India can be part of the story from the ground up. India has been ahead of the fintech game on the technology, regulatory and consumer fronts.
Courtesy: Twitter|@SiemensIndia
The 50-year-old Siemens facility in Kalwa adopted the Internet of Things, cloud and digital twin technologies to transform itself digitally and optimise manufacturing processes. It led to a 20% increase in productivity, and has made its product competitive with its German counterpart.