- Digitalisation and automation have been game-changers for manufacturers in achieving post-pandemic business goals.
- Over two-thirds of companies that have implemented IoT would have deployed at least one
digital twin in production by 2022. - Digitalisation will help Indian manufacturers to compete in local and global markets.
In an exclusive chat with
Here are excerpts from an interview.
The COVID-19 pandemic was a revelation for the industry at large. It exposed the entire world, irrespective of their technology adoption, to deal with – rapidly-changing market conditions, a soaring global population requiring dependable supplies, and simultaneously, an increasingly urgent need for greater sustainability. With the global pandemic now in its third year, most business leaders continue to face significant challenges, but also unprecedented opportunities if fully realised.
Digitalisation came forward as the clear gamechanger to tackle these challenges. The need to combine the real and digital worlds, including the entire value chains, became evident. Unlocking the full potential of digitalisation and automation with innovative solutions ensures lower costs, shorter production cycles, increase in resilience and makes carbon costs more transparent.
All industries are feeling the pressure of digital transformation. We are addressing the challenges our customers face through deep, process-centric solutions.
Siemens is delivering next-generation solutions to help manufacturers transform their operations through our concept of Digital Thread – which is a distinct, linked, traceable sequence of activities in the product or production lifecycle, that is digitised and automated. There are two dimensions to this digital integration. One is horizontal integration. It is the integration of the digital flow from the digital twin of the product through the digital twin of production, then to the real production and the digital twin of performance. And then we have the second one, the so-called vertical integration between OT (Operational Technology) and IT (Information Technology). Secure communication, resulting in a secure exchange of data between OT and IT, is the backbone of digitalisation.
With our deep domain know-how and vertical experience, we are helping our customers create a blueprint for their digital transformation across these vertical and horizontal dimensions and co-create solutions.
With consumers wanting more customised products and markets being shorter-lived than ever, companies must plan for shorter innovation cycles than in the past. Production facilities need to be designed with enough resilience and flexibility to scale up, then scale down—often in record time. Brownfield optimization of existing facilities using adaptable technology is as important as repairing and retrofitting services, as well as data analysis and predictive services solutions. Software and software-enabled hardware are increasingly becoming key competitive factors in plants with limited resources and legacy equipment. Our
Recently, Siemens and BioNTech expanded our collaboration for rapid expansion and creation of production capacity for global COVID-19 vaccine production with our latest automation and digitalisation technology.
This year we addressed the most persistent question of driving sustainable growth. Under the motto: “Let’s combine real and digital worlds for a sustainable tomorrow,” we showcased examples of how to achieve these goals and become a true Digital Enterprise.
We demonstrated successful cases of using data more intelligently to combine the real and virtual worlds with the support of various technology highlights in the field of additive manufacturing, energy efficiency, digital twin, OT/IT convergence, artificial intelligence and data analytics, cybersecurity, electrification, industrial 5G, and industrial IoT from
We see digital twin adoption in all kinds of organisations. However, its adoption in the manufacturing space is the most exciting. For example, Gartner expects over two-thirds of companies that have implemented IoT would have deployed at least one digital twin in production by 2022, to increase their effectiveness.
Digital twin is simple and yet an immensely powerful interpretation of Industry 4.0. As a virtual representation of a product, production process, or performance, it enables the individual process stages to be seamlessly linked. This creates a consistent improvement in efficiency, minimises failure rates, shortens development cycles, and opens up new business opportunities. In other words, it creates a lasting competitive edge. Over the years, Siemens has shown the benefits of combining the real and digital worlds and how it works in practice.
The Indian manufacturers have the aptitude and attitude to meet the growing needs. Adopting the right technology can make India self-reliant. With digitalisation,
The openness to adopt the latest technologies like AI, Edge and other IIoT solutions will be critical to India’s desire to maintain pace with global best practices and technologies. Using our efficient, digital workflows, innovative technologies and our rich domain expertise, we are enabling our customers to react quickly to changing market requirements and increase productivity, efficiency, and quality - sustainably.