Smart Automation Practices for Manufacturing | OEM Update | Industry Speaks

September 27, 2021 2:45 pm

Pandemic resulted in a minor setback to many of manufacturing industries that got shut down. The year 2020 created constraints in human-to-human interaction. It has been a challenging year for both individuals and organizations; and provided impetus for pharmaceutical and lab-testing escalation activities. However, 2020 and half of 2021 year, embarked upon new opportunities for smart manufacturing; SCADA control and PLCs for propagated automation and maintenance strategies in the ensuing future. This is the time to infuse more automation in industrial activity- since gradual unlock is becoming full unlock.

Technology is changing the dynamic of industrial automation and transforming the resources predictability using digital information, Cloud computing and automation together with artificial intelligence and robotic process automation improve production efficiency, giving fillip to Electronic Design Automation (EDA) software market which is anticipated to reach USD 19.04 billion by 2028, at 9.3% CAGR during 2021-2028 period. The market resurgence from the second half of 2020, is an opportunity for growth in various forms of business process and IT automation. Automation for tomorrow’s growth is today’s future.

OEM Update Industry Speaks hosted a round table conference on ‘Smart Automation Practices for Manufacturing’ on August 25, 2021. During that 90-minutes session, leaders from the Automation Industry discussed about the dynamic of industrial automation at times of industry 4.0 / 5.0, methods and processes in real-time data, IIoT / digitalization, tools, trends, technology, robotics automation, as well as growth in automation industry.

Panel Speakers:

Mr. Anup Wadhwa, Automation Industry Association
Mr. Ashok Shinde, Red Lion Controls
Mr. Naresh Kantoor, Enconsys Private Limited
Dr. Deb Mukherji, Omega Seiki Mobility