Leaders in the Manufacturing sector have been turbocharging their Digital Transformation initiatives to effectively deal with the unpredictability, demand issues, and business complexities of the new normal. In this journey, they are extensively leveraging Data analytics, AI, IoT, and Cloud, to transform manufacturing and solve some of the complex real-world business challenges. Technology is, therefore, the biggest driver for innovation in the Manufacturing Sector and in enabling them to forecast and make intelligent decisions in today’s changing landscape.
At the recent edition of ‘Digital Leaders Club’ curated by CORE Media and powered by Google Cloud India, CIOs from different manufacturing businesses and Google Cloud India executives discussed the different aspects of how digital transformation is changing the manufacturing landscape.
Anoop Mathur, Founder - CORE Media, kicked off the conversation by talking about how manufacturing businesses are eager to adopt a digital-first approach to increase productivity, reduce costs, and eliminate redundancy. Joining Mr. Mathur as a co-host in this discussion was Mr. Vishwanath Chandru from Google Cloud. The key points highlighted by the CXOs and digital leaders from manufacturing businesses attending the discussion were as follows:-
- CIOs in manufacturing verticals are evaluating different approaches to move the digital assets onto the cloud in a phased manner and for this, they seek the right cloud partner. With the help of such a partner, manufacturing organizations aim to connect different equipment and machinery with each other to extract data-driven insights and leverage analytics for better decision-making.
- CIOs in manufacturing prefer sustainable solutions that align with business outcomes and operational technology. In order, to completely migrate onto Cloud, their critical concerns are - migration timelines, security issues, and downtime. A key reason for highlighting sustainability is the increase in operational efficiency, reduction in costs, and building of public trust by causing brand awareness.
- As the dependency on Cloud Infrastructure and Cloud-based Solutions increases, CIOs are very mindful of maintaining data privacy and data security. While CXOs and digital leaders from the manufacturing sector are enthusiastic about hyper-connectivity they are also seeking solutions that will provide endpoint security and best-in-class cyber resilience.
