ARC’s 14th India Forum Focuses on Innovation in Industry – Part 1

Author photo: Sharada Prahladrao and G. Ganapathiraman
BySharada Prahladrao and G. Ganapathiraman
Category:
ARC Report Abstract

ARC Advisory Group hosted its 14th India Forum for the process and discrete industries, Industry in Transition: Navigating the New Age of Innovation, July 7-8, 2016. This two-day forum attracted close to 270 delegates who came to learn and share information about the innovative technologies that are dramatically altering today's industrial landscape.

Globally, industries are transitioning to new and innovative technologies and business approaches; and only those companies that can effectively implement these will emerge successful. Innovation today extends beyond product changes to encompass all levels of the value chain from the shop floor to the end user.

New technologies, such as cloud computing, mobility, social technologies, Industrial Internet of Things (IIoT), Big Data/analytics, and digitalization have taken center stage; and most of the presentations at the Forum emphasized these topics. To achieve the multiple objectives of speed, accuracy, quality, safety, competitiveness, and sustainability organizations must communicate, collaborate, and connect. Like all ARC forums, this latest ARC India Forum provided an excellent platform for end users, solution providers, and decision makers to network and gain a better understanding of how innovative new technologies affect market dynamics.

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Keywords: Forum, Industry, Innovation, Industrial Internet of Things (IIoT), Asset Performance, Digitalization, ARC Advisory Group.

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