ARC India

Deficient quality control is a primary reason for product recalls in the Consumer Packaged Goods (CPG) industry. Replacing legacy quality control systems, particularly inspection systems with foremost smart machine vision technologies, has been critical in mitigating such product recalls.

India’s IT industry continues its upward momentum as most of the information technology (IT) services companies covered in the report exhibited above-average growth.

Industry leaders gathered at India’s largest industrial automation event ‘Rockwell Automation on the Move’ 2019 (RAOTM) conference emphasized on the need for a major shift towards Industry 4.0 technologies if India aims to triple its combined factory output in gross value added (GVA) terms to $1 trillion by 2025.

The last decade in India belonged to startup companies; and 2018 saw eight startups enter India's unicorn club (private companies valued at over $1 billion), ushering in an era of unprecedented growth.

The 11th Asian Downstream Summit in Singapore, hosted by the Energy Market Authority, attracted over 800 attendees, 80 speakers, and 28 sponsors and exhibitors. ADS, considered the anchor oil and gas event of the Singapore International Energy Week (SIEW), provided a platform for networking, seeking partnerships, and showcasing technologies through relevant case studies. The three-track agenda focused on core refining & petrochemical technologies, innovation, asset management, energy efficiency, Industry 4.0 and digital transformation in the oil & gas sector. KBC (a Yokogawa company) held a readiness assessment workshop to help people identify the gap between their own organizations and the industry leaders; in particular the characteristics behind the digital leadership and change management practices of other organizations as these apply to digital transformation.

ARC Advisory Group held the company's sixteenth India Forum for the process and discrete industries, from July 5-6, 2018 in Bangalore, India. This year’s ARC India Forum, Digitizing and Securing Industry, Infrastructure, and Cities, attracted over 250 delegates. The Forum session topics covered industry and infrastructure moving towards digitization; automation trends, cybersecurity; smart technologies and smart cities; and several end user experiences. At the event, Ankur Goyal, Head – Strategic Business Development (Industry 4.0), Robert Bosch Engineering and Business Solutions, presented an end user presentation entitled, “Unleashing the Potential of Industry 4.0.”

India’s information technology (IT) services industry continues its upward momentum as most of the IT services companies covered in the report exhibited above average growth.  In this report, we analyze the revenues of India’s IT services sector for the second quarter of financial year 2018-19 and compare these with the same period the previous year.

Siemens’ presentations at the recent ARC India Forum emphasized the huge impact that digitalization has had (and will continue to have) on business and industrial operations. It is now imperative for manufacturers to have a well-planned digitalization strategy – both for greenfield and brownfield projects. The company believes that manufacturers and other industrial organizations must transform their businesses into digital enterprises and, ideally, this should extend across the entire value chain. The presentations by Siemens shared a common message: “digitalization changes everything;” and this message came out clearly in the keynote address.

IBM and IIT Bombay announced that the university will join the AI Horizons Network as part of a multi-year collaboration to advance AI research.

Today’s gradually increasing oil prices have helped drive economic growth in energy-producing nations and supported renewed growth in the global operational technology (OT) industry.  However, rising energy prices have not been so good to countries such as India, which – while a major energy consumer – is neither a major energy producer or global OT supplier.  In fact, the rising fuel prices are putting additional pressure on India’s falling rupee.