New Delhi, 12 December, 2016: Microsoft has showcased three marquee IoT solutions aimed at digitally transforming the Indian manufacturing industry. Powered by Azure, the Microsoft cloud, the three solutions offered by Precimetrix, Teramatrix and Covacsis are helping create digital, intelligent and predictive factories.
The Microsoft Cloud not only offers reliability and scalability but also offers advanced cloud services like IoT Suite, Cortana Intelligence Suite which in turn enables these partners to keep pace with the demands of the fourth industrial revolution. Rapidly changing customer preferences, hardware evolutions and managing hyper business growth are a few of the challenges Microsoft partners are addressing in the manufacturing space with the Azure, Microsoft’s cloud.
Narendra Bhandari, General Manager of Developer Experience and Evangelism at Microsoft, said, “Microsoft along with its partners is helping manufacturing industries gain insights and make better decisions. Our complete suite of technology solutions including Azure Machine Learning, Cortana Intelligence Suite and IoT Solutions Suite as well as partners like Covacsis, Precimetrix, Teramatix, ZingHR, Knolskape among others, are capable of supporting any manufacturer of any size transform digitally. We are excited to provide the Digital transformation platform for our partners to innovate and build on our Hyper Secure and Hyper Scalable cloud.”
The three solutions showcased help the manufacturing sector create digital factories by way of customer engagement, empowerment of employees, optimizing business operations, and product transformation.
Engaging with customers helps build tailored customer experiences by harnessing data and draw actionable insights to achieve a segment of one. Covacsis offers a state-of-the-art platform that provides a 360° visibility of the manufacturing floor in real time. Real time visibility is helping the KEC team analyze run time, cycle time, availability and OEE of the machines in real time, allowing them to optimize the productivity output and minimize operational costs.
Empowering employees is another key pillar for digital transformation, providing tools and processes for greater collaboration, mobility and insight. Microsoft works with a lot of its partners to offer solutions that help organisations achieve more by designing a workplace that’s intelligent, flexible, and secure.
While customer engagement and employee empowerment are very visible pillars of digital transformation, the digital economy is having an equally transformative impact on how organisations approach operations. Precimetrix offers IoT & Analytics to enable real-time process management and actionable analytics to improve productivity, efficiency and compliance.
Samudra’s central monitoring system, powered by Precimetrix, provides smart street lighting system for JPC. It is a zero investment project, for first seven years, creating 77.13 % savings in energy costs at an expense of only 22.87%. Also 30.06% is JMC’s share in energy savings and there is a reduction in maintenance cost by ~61.18%. Maintenance for all these installed LED lights is for a period of 10 years.
The final pillar of digital transformation, i.e product transformation, will help organisations differentiate and capture emerging opportunities by using data as a strategic asset and shifting from hindsight to foresight. Teramatrix offers an IoT software platform that enables companies to connect with their fixed or mobile infrastructure and analyze the massive data streams emanating from them. The deployment of their solution at Hero Moto Corp resulted in 20% expected increase in direct and indirect manpower productivity by enabling 24×7 continuity of testing operations and remote management of testing equipments.
