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Digital Transformation
Digital Transformation: 3 Secrets Your Consultant Won’t Tell You
The story of Digital Transformation is not without its pitfalls. There are roadblocks that need to be recognized, understood, analyzed and addressed before the changes kick in. More often than not, it is not an external consultant who will highlight these challenges to you, but it is you who will have to call out the elephant in the room. Here’s an interesting story that would help you understand why the entire company has to align with Digital Transformation goals to make it working. Let’s assume a mid-sized enterprise planning to transform their business with digital solutions. The enterprise has been seeing its profits dwindling and they undertakes an organizational restructuring to reoriented their go to market strategy; approaching the market with industry-focused solutions rather than an inward-looking services approach. However, there is a lurking fear that they will lose their edge to the competition. In a brainstorming session, the company decides that it was not fully geared up to compete in the digital world and was not aligning with the volatile business landscape. The IT head was tasked with the responsibility to come up with the ‘Digital Transformation’ plan for the organization. They hire a consultant for recommendations, who presents a blueprint on how the organization has to adopt new technologies in becoming agile and serve customers better. The organization is all set to begin the journey. As you would have guessed by now, something was messed up. More than hope, it is doom that seems to be lurking in the shadows. Any transformation of the business is a high-stakes game with inherent risks. Success depends on identifying the risks and avoiding them. And, these challenges are not limited only to external consultants. To transform a business completely, it is the C-level executives, employees, partners, vendors who have to resonate with the transformation agenda. Let us take a look at the major roadblocks to Digital Transformation.
Anand Ethiraj
February 27, 2018
5
min read
Digital Transformation
7 Reasons Why Enterprises Choose Xamarin for Cross-Platform Development
Mobile applications are no longer a choice but a necessity for enterprises. However, the real challenge is in deciding on native vs. cross-platform apps. With both having its own advantages and limitations, choosing the best is always challenging. However, according to several reports, 80% of enterprises are focusing on developing applications supporting multiple platforms like iOS, Android, and Windows, because cross-platform apps are easy to use and cost-effective. Well, the next question you’d like to hit me with subsequently is why Xamarin for hybrid app development? The sections below would help you understand why Xamarin is widely preferred by enterprises for developing hybrid applications. Before we get to why we think that way, let’s understand why you may choose cross-platform apps instead of native apps. If you are planning on an app for your business, here are some reasons to think cross-platform over native. Open source platform Native-like user experience Reuse of same API Shared app logic Advantage of C# Enterprises looking for advanced, powerful and mission-critical business applications find Xamarin as the best-suited platform for their unique needs. As a developer of an enterprise, what do you look for in the platform? Here are some of the key benefits for developers using Xamarin.
Anand Ethiraj
April 23, 2019
5
min read
Digital Transformation
Field Sales Automation – 5 Reasons Why It Is Critical for Your Sales Success
Sales is one of the most critical fields of any enterprise and there are countless challenges faced by the sales team. The most common of all are access to real-time sales data and getting field sales executives involved or keeping motivated. Here are some of the other challenges field sales executives and enterprises face every day. Managing dispersed workforce scheduling and managing tasks for sales executives Capturing and submitting sales data on a daily basis in CRM Monitoring field sales data accurate through a single window Managing overall sales operations Efficient workforce performance tracking Enabling faster decision making Executives out for day-to-day field sales activities face the mammoth task of meeting customers, selling products/service, collecting feedback/insights and updating the respective sales data in CRM at the end of day. On the other hand, the sales managers have to track the data updated by reps to evaluate their performances. The entire process is time-consuming and impacts the overall sales cycle’s efficiency. To achieve maximum ROI and accelerate productivity, automating the entire process is the best way as this simplifies the jobs of both the sales force and managers. Automation not only helps the entire sales team acquire real-time data throughout the process but also keeps the workforce motivated. Motivate workforce, really? You would wonder how this automation will help. Here’s the answer. Sales force can use the complete list of customers from the mobile app, can plan the customer meetups without any discomfort, can send expense reports instantly, can submit end of the day reports on the go. This simplifies their day-to-day chores and keeps them motivated. And, this is the reason why smart enterprises are investing in field sales automation solution.
SHIVA SANKAR
October 21, 2019
5
min read
Digital Transformation
Digital Transformation: What, Why and Benefits
Digital Transformation is one of the most widely used terms today. Almost 90% of companies across the globe say they are into digital transformation services and have the powerful term in their websites. But, in reality, only a few have a definite idea of what digital transformation actually is as varying definitions and broad use of this term creating confusion around the topic. So, what digital transformation is and why is it echoed everywhere in the business landscape? If you’re looking for answers to these questions, the below discussion would help. Let’s get started. If you presume automating a specific business process or a workflow using a technology or tool is digital transformation, you’re wrong. The section below will help you understand what digital transformation is.
SHIVA SANKAR
December 23, 2019
5
min read
Digital Transformation
Manufacturing Industry 4.0 – How IoT Is revolutionizing Business
Manufacturing companies are under rapid transformation, thanks to Industry 4.0 solutions. While 55-70% of companies have realized the potential of leveraging digital transformation services, technologies to streamline and speed up their operations with the help of an expert IoT app development company, a few still have not untapped the potential of the future technologies. If your business is one among them, it’s time to wake up before it’s too late. Industry 4.0 solutions IoT, AI, Mobile App Development, RPA don’t just accelerate operations but help a great deal in controlling the overhead process costs. Another interesting statistics manufacturers must find noteworthy is that companies that are leveraging the above-stated technologies are performing staggeringly even during the Covid-19 pandemic times. Still not convinced? The sections below will help you understand the impact of Industry 4.0 for manufacturers.
Anand Ethiraj
August 23, 2020
5
min read
Digital Transformation
Your Guide to Smart Manufacturing: Turning “Lack of Visibility” Challenge to “Transparency”
SHIVA SANKAR
September 19, 2020
5
min read
Digital Transformation
4 Reasons Why Asset Tracking Solution Will Help Your Construction Company
SHIVA SANKAR
September 20, 2020
5
min read
Digital Transformation
How COVID-19 Is Impacting and Reshaping Manufacturing
COVID 19 has bought the manufacturing activity to stand still and will leave a lasting impression in the manufacturing landscape. It has exposed the weaknesses in the global supply chain and thrown the questions around the same. With reduced spending and plummeting oil prices, how soon the manufacturing companies can bounce back depends on government spending and also how individual companies adapt to the challenges. Here is a quick overview of the impact and potential trends in manufacturing post the crisis and how partnering with trusted digital transformation services can help.
SHIVA SANKAR
September 20, 2020
5
min read
Digital Transformation
4 Ways Artificial Intelligence Is Transforming Manufacturing Industry
Anand Ethiraj
September 21, 2020
5
min read
Business
How to improve supply chain with IoT inventory management
Gengarajan PV
September 24, 2020
5
min read
Digital Transformation
How to Increase Machines RoI with Predictive Maintenance
SHIVA SANKAR
September 24, 2020
5
min read
Digital Transformation
Things you should know about IIoT & Predictive maintenance
Well, as you may have guessed, we have given a tech twist to the famous proverb – a stitch in time saves nine. However, mind you this is no tongue-in-cheek statement; nor mere wordplay. Knowing what could go wrong in real-time and acting on it before it even becomes a risk – especially in manufacturing, transport, and process industries – has a huge impact on the top line as well as the bottom line. Thanks to Industry 4.0 Solutions – Industrial IoT and Machine Learning, Digital Transformation Services, we are now entering into ‘Predictive Maintenance’ from Reactive Maintenance and Routine Maintenance. The technology side of IoT can be understood as ‘seamless, real-time control through automation’ i.e., connecting a variety of sensors and using that network to run a factory on a day-to-day basis or get information (remember, this is possible only when you have the expertise of an expert IoT app development company backing you up). The business value is in taking that to create actionable insights. Predictive Maintenance for sure. It is a no brainer that Predictive Maintenance focuses on how to predict when certain conditions are going to when machines will fail. What is exciting is that with the advent of IoT and Machine Learning and the ability to do it at scale, Predictive Maintenance is not the preserve of large organizations any longer, but is available for any asset-intensive industry application. In fact, Industrial IoT applications & solutions have been changing the way we do predictive maintenance for the last few years. We can now have real-time monitoring devices at a low cost that sends data to an algorithm on a continuous basis. With the added power of Machine Learning, it can detect whether there is something going wrong with a machine… make a prediction.
Gengarajan PV
September 24, 2020
5
min read
Uncategorized
Why Digital Transformation Matters in Logistics & Transportation
Industry leaders are looking for alternatives like implementing advanced digital transformation services, solutions, partnering with a leading IoT app development company to leverage the opportunities of tomorrow and this is the reason for opting digital transformation in logistics and transportation. The output of logistics and transportation is often measured using three critical parameters: efficiency, time and speed. The industry in order to meet the brimming competition and accelerating evolutions look out for opportunities to create an advantage. And, thanks to digital transformation solutions, most executives believe that adding real-time data to their processes and systems will improve their overall efficiency, speed and time. Here in this post I have compiled some common challenges logistics, transportation face and some of the ways digital solutions are impacting and benefiting the logistics and transportation industries.
Gengarajan PV
September 25, 2020
4
min read
Digital Transformation
6 Challenges That Can Be Solved With The EHS Management System
As a CEO of a company, running your business more effectively will be your biggest challenge. Every business involves complex processes and the solutions to address these challenges vary. Nevertheless, there is a common challenge that every industry faces on a daily basis: workplace and employee safety and the best way to overcome this challenge is by partnering with reliable digital transformation services or with a web application development company Ensuring the safety standards in a company is a must for any business owner as this it demonstrates the leader’s commitment towards the employees. Also introducing the safety standards for employees will reduce the potential mishaps happening in the work environment. This is the reason why most industry leaders have adopted Employee Health Safety Management systems to keep a tab on employee and workplace safety.
SHIVA SANKAR
September 29, 2020
5
min read
Digital Transformation
Enterprise Field Sales Automation – Challenges and Solution
Be it any enterprise, manufacturing, construction, or logistics, sales play a critical role in its growth. When I say sales it includes both primary and secondary sales.
SHIVA SANKAR
September 29, 2020
5
min read
Digital Transformation
Digital Transformation Success: Why Measuring Key KPIs Matter
According to a Forbes report, executives say the top benefits of digital transformation are improved operational efficiency (40%), faster time to market (36%) and the ability to meet customer expectations (35%). As all these factors contribute to better RoI, executives focus on investing in digital transformations. But how do you measure the success of digital transformation initiatives? As digital transitions are long haul, attaining immediate outcomes is impossible and analyzing the performance and progress of the initiatives matters. If you’re a C-level executive looking for a solution to this persistent problem, this post is exclusively for you. There are too many things to measure and focusing only on the realistic KPIs will help you understand the progress and success of the initiatives planned. Leveraging the capabilities of leading digital transformation services is recommended to mandate success. A common mistake most executives make when measuring success is overlooking the critical parameters: of the many, ensuring why your business needs digital transformation is quintessential. Without a need for digital transformation, there is no point in carrying out such an expensive and time-consuming program. Next comes the measuring part. No companies can have the same ways of measuring success and the metrics differ between organizations. KPIs are mostly organization-specific and one list will not work for another company. Here are some of the ways you can set up KPIs for measuring your digital business transformation success.
SHIVA SANKAR
October 1, 2020
5
min read
Digital Transformation
5 Proven Steps to Success in Digital Transformation
SHIVA SANKAR
October 1, 2020
5
min read
Digital Transformation
3 Points to Consider While Choosing A Digital Transformation Partner
Digital transformation needs no introduction as several reports indicate that it is widely practised across industry verticals. By all means, digital transformation is a never-ending journey for any organization. As customers and markets, as well as technologies, evolve, there is always a need for companies to digitally reinvent the organization fully or in parts. In the early phase of the 21st century, digital technologies were being deployed in businesses with the main focus on improved daily operations, enhanced efficiency and level of output. Today, a majority of the digital transformation services and solutions focus on delivering specific outcomes to the customer, with the process of digital transformation affecting all aspects of the business. It is rather prudent to use the customer life cycle to make the business case for digital investments. As you look for external experts/agencies to be your digital transformation partner, the market has a wide choice – across technology and industry segments. Obvious considerations before choosing the right technology partner for your digital transformation journey (as with any technology implementation) are: Desired specializations and services, eg. mission-critical solutions, UX/design, social media etc. Previous work/client references Technology alliances/partnerships Industry experience Use of offshoring services Company size, financial, structure etc. Company culture eg. contributions to the industry, investment in staff training, workforce diversity etc. Let’s go beyond the obvious and look at three table stakes in choosing the right partner.
SHIVA SANKAR
October 1, 2020
5
min read
Digital Transformation
Change Management Challenges for IT (and Solutions)
A key factor that drives the success of the digital transformation is change management. The way leaders address change management challenges can make or break your business. Digital business transformations in an enterprise not only impacts the technology and business models but also the people (workforce, customers, vendors) involved.
SHIVA SANKAR
October 4, 2020
5
min read
Digital Transformation
Top 4 Budgeting Challenges To Avoid In Enterprise Digital Transformation
Digital Transformation (DX) is a buzzword all around the globe; however, it is not short of challenges. Of the many challenges faced by enterprises, budgeting plays a key role in deciding the implementing the digital initiatives successfully. The budget problems could be of different reasons; however, some of the common reasons include: Ad-hoc vendor selections Different vendors for different solutions Lack of vision during budget planning Increased total cost of ownership Here’s where the role of IT is significant in modernizing enterprises with advanced technology and digital solutions. 77% of reports indicate that IT must be part of the strategic DX discussion to avoid the potential budget challenges which could derail the digital transformation program in no time. Let’s put a deep dive into the challenges and how IT can help your enterprise digital transformation.
SHIVA SANKAR
October 5, 2020
5
min read
Digital Transformation
Steps to Success in Digital Transformation – Part 2
Anand Ethiraj
October 5, 2020
5
min read
Digital Transformation
Is your business ready for digital transformation?
When was the last time you have performed an online transaction via your mobile? A few days back, yesterday, or a few minutes back? Most likely, yesterday or a few hours back or even while you are reading this – right! And now if we talk about consumption of information, sharing of a news or sending a business communication – all via mobile – your answer would be ‘it is happening all the time that you do not know when was the last time’. Now is your business engaging with customers 24/7 through this medium – even if there are no transactions to be performed? If not, can you really say your business is competitive, customer focused and market driven?
Anand Ethiraj
October 5, 2020
5
min read
Digital Transformation
15 Digital Transformation Mistakes to Avoid
Digital transformation is the rage, yet 78% of companies fail while implementing digital initiatives. Many companies that actively start the program falter after a few months. Here are 15 mistakes that contribute to digital transformation failure. Avoiding these mistakes during your digital transformation program will help your business enjoy the plethora of benefits associated with digital push. Here in this post I have come up with some practical solutions (I have not covered the importance of partnering with a leading digital transformation services. Will talk about this in another blog) that will help enterprises negotiate the 15 digital transformation mistakes. Let’s get started with the mistakes and solutions to overcome.
SHIVA SANKAR
October 6, 2020
5
min read
Digital Transformation
Digital Transformation – A Reality Check Before Biting the Bullet
You have been hearing about the Fourth Industrial Revolution. It’s probably the hottest topic for businesses, thought leaders, policymakers, scientists and of course technocrats. Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum, who coined this term, writes – “The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” He makes a very important, pertinent point – “Neither technology nor the disruption that comes with it is an exogenous force over which humans have no control. All of us are responsible for guiding its evolution, in the decisions we make on a daily basis as citizens, consumers, and investors.” While Digital Transformation as a term is still misunderstood, today, digital transformation as a business imperative is widely agreed upon. What then is a digital transformation in practice? Is it an IT project? Or the introduction of a few cool tools in the company? Or the addition of mobility is driven customer relationship management (CRM) initiative to engage customers better?
Anand Ethiraj
October 6, 2020
5
min read
Digital Transformation
Digital Transformation Strategy for a New Decade
Setting out for digital transformation without a definite strategy is like a bird without wings. Not many companies have even the slightest idea of developing a robust roadmap for their digital transformation initiative. As business transformation using digital technologies is a long haul, executing the program without any plan can be detrimental to business, as this involves people along with model and culture. And, partnering with reliable digital transformation services is highly recommended for success. Even before setting out for a digital strategy for business transformation, it is a must for C-level executives to decide on 3 things: Why is digital transformation important? What needs to be transformed How to transform As a business owner if you have the answers for the above questions, then you can get start with the strategy. Else, try to figure out the answers first before getting started. More than 56% of organizations that don’t have any place for the digital transformation approach have failed miserably.
SHIVA SANKAR
October 6, 2020
5
min read
Digital Transformation
Comprehensive Guide to Digital Transformation Success for Enterprises [Whitepaper]
Digital transformation is the new norm and most enterprises have already started to reinvent their traditional processes with advanced digital solutions to improve productivity, customer experience, and RoI. However, according to reports, a staggering 70% digital transformations fail even before they begin. A major reason why many companies are clueless on how to get started with the Digital transformation is that they don’t have any specific objective and what to automate. Remember, digital transformation is not about automating everything, but only what is required. It boils down to a thorough understanding of what digital transformation is all about, who needs digital transformation and why it can impact the overall performance of any enterprise.
SHIVA SANKAR
October 6, 2020
5
min read
Digital Transformation
Digital Transformation & IT – Addressing Employee Buy-In Challenge
SHIVA SANKAR
October 7, 2020
5
min read
Digital Transformation
Digital transformation – 5 Solutions Every Discrete Manufacturing Company Should Have
The manufacturing industry is maturing fast as around 60% of companies have started to adopt digital transformation solutions. Remaining companies have started to focus on digital solutions. Before getting started with how the manufacturing industry is steering success with digital innovations, giving a basic understanding to its processes is recommended. The manufacturing processes differ between companies. Let’s consider discrete manufacturing companies to understand the role of automation in overall manufacturing productivity and RoI transformation. Also, let’s discuss how digital transformation services and solutions are transforming manufacturing companies below.
SHIVA SANKAR
October 7, 2020
5
min read
Uncategorized
Digital Industrial Transformation with the Internet of Things (for Manufacturing)
Digital industrial transformation – as many think this is not just a buzzword but really got something that can transform the overall way an industry functions. While a lot is stressed on improving cost reduction, it is a must for an industry like Manufacturing to garner insights from a massive volume of data from every process to deliver a flawless customer service and experience. To achieve that re-inventing/adjusting the existing processes, systems, business models, product development strategies using digital solutions matters. Remember, even 1% of profit can do wonders to a manufacturing company and imagine what if your business can experience 10-20% of gains with the right strategy and digital transformation solutions. Sounds crazy right? In this post, I am going to discuss what digital industrial transformation using IoT is and how it impacts and improves Manufacturing operations, product and business development. Let’s get started.
Gengarajan PV
October 14, 2020
5
min read
Digital Transformation
7 Must-Know Tips for Successful Digital Business Transformation(DBT)
Is improvement/growth possible without any change? Not certainly. This makes digital transformations quintessential for businesses to accelerate growth and beat the competition. Nevertheless, digital transformations are long, risky and can either make or break your business. So, what is important or required for digital business transformation success? In this post I would be covering 7 must-know tips for business heads to enjoy successful digital business transformations. I’ll walk you through the tips along with some valuable information that will help you plan and strategize your digital transformation well in advance.
Gengarajan PV
November 2, 2020
5
min read
Digital Transformation
Asset Management with IoT – How to reduce your Asset costs by using IoT
Operations expenses contribute a lot to manufacturing costs. With a proper asset management system in place, the high expenditure can be controlled. Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human. A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets. And, without asset tracking, this is highly difficult. This is where investing in digital transformation services matter. And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better (provided you have partnered with a proven IoT app development company) – giving you a competitive advantage if deployed right and quick. Let’s see how it works.
Gengarajan PV
November 9, 2020
5
min read
Digital Transformation
Unlocking Potential of RPA in Logistics: Use Cases, Benefits, and Tips to Avoid RPA Implementation Failure
Logistics involves complex, tedious and time-consuming backend processes like customer data updates, order and inventory processing, scheduling and tracking delivery, etc. And, the industry focuses heavily on performing these tasks manually which reduces efficiency and produces a negative effect. Manual backend processes are repetitive and cumbersome. As humans are always prone to errors, creating unwanted or unexpected errors while performing their tasks is highly possible, which potentially impacts a logistics company’s bottom line. By automating the labor-intensive manual processes through RPA (take advantage of digital transformation services) the industry can overcome the delays, productivity loss, and inefficient process challenges. Also, using RPA (Robotic Process Automation) in supply chain and Logistics will streamline processes, accelerate performance and reduce operational costs substantially.
SHIVA SANKAR
November 10, 2020
5
min read
Digital Transformation
Top IoT Challenges – Insights Gained from C-Level Executives [for 2021]
The Internet of Things (IoT) is one of the faster-emerging tech trends in recent years. Put simply, IoT offers the ability to connect humans with devices and communicate effectively. Given the impact of global pandemics like COVID-19, IoT-implemented companies have started to perform exceedingly well according to some reports. However, IoT app development and implementations are no short of challenges. In this post, we engaged with some of the Founders, Co-Founders, and CEOs to share their insights on the biggest IoT challenges they will face in 2021 and we have shared some interesting responses below.
SHIVA SANKAR
November 24, 2020
5
min read
Digital Transformation
Complete Guide to Calculating & Improving Overall Equipment Effectiveness (OEE)
Is my manufacturing process efficient enough? Is my production quality above par? I know this will be a question lingering in the minds of most manufacturers. Measuring the output always matters. The manufacturing industry involves a lot of different processes and this makes it complex to track and improve efficiency. This is possible, when you can find out the process flaws, machine malfunctions and employee efficiency with accurate data. In short, measuring all the aforementioned components is critical for the manufacturing success. But, what KPI should you track? Is there one or many? I know this will be your next question. Of course, you’ve some KPIs that are quite useful in monitoring and improving process efficiency. Out of all, Overall Equipment Effectiveness (OEE) is widely recommended for its ability to provide direct insights on machine utilization & effectiveness. You can understand the importance and necessity of this metric from a reputed IoT app development company or digital transformation services. Let’s find out what Overall equipment efficiency is, how it is calculated and how it helps in improving manufacturing process, productivity and efficiency.
SHIVA SANKAR
December 1, 2020
5
min read
Digital Transformation
Digital transformation in Manufacturing: The Need for Creating Intelligent and Connected Businesses
The way people presume digital transformation varies significantly. For some, it is all about transforming the manual to automated processes, while it is utilizing and managing information wisely for making fast and accurate decisions. Be whatever digital transformation brings to the table, it is changing the face of the manufacturing industry, remarkably. According to PwC, out of 2000 manufacturing companies, 86% expect to secure simultaneous gains from both lower costs and added revenue from their digitization efforts in the next five years.
SHIVA SANKAR
December 2, 2020
5
min read
Digital Transformation
Digital Transformation in Construction: Challenges, Technologies and Solution
Digital transformation, unlike others presume, is not exclusively destined for any specific industry. The construction industry is undergoing a rapid transformation and top brands have already transformed their conventional process, technology, and systems with brand-new smart solutions. Why the construction industry needs a digital revolution? If this is the question you’re seeking answers for, well, here’s the answer. The construction industry involving a lot of complex processes, resources, and tools for any given project is never short of challenges. Some of the common challenges every construction firm faces are productivity, communication, product traceability, employee safety, on-time completion, leading to the lowest profit margin and unhappy customers. However, the introduction of techno-enabled digital solutions like IoT-enabled application, RFID tracker, QR-code scanner, asset tracking app, web apps (thanks to digital transformation services) has started to impact the industry and the construction experts have started to shift their eyeballs towards the future technologies to improve profit and customer satisfaction. Before diving deep into the discussion of how modern technologies and digital solutions will transform the construction industry, let’s develop some insights on the challenges and how they impact the RoI of the companies. Loss of productivity Lack of product traceability/material movement Poor resource utilization, management Insecure and unsafe project environment
SHIVA SANKAR
December 3, 2020
5
min read
Digital Transformation
Top 7 Tips for Choosing a Mobile App Development Company
Just imagine a day in your life without smartphones. Sounds scary right? You’re not alone. The sophistication offered by mobile devices, applications have transformed the way we live and it’s hard to live without these handheld devices anymore. Along with on-the-go actions, mobile applications offer surplus advantages to users by helping them with instant data about anything with a push of a button.
SHIVA SANKAR
December 3, 2020
5
min read
Digital Transformation
Digital Transformation for Distributors – 5 Practical Ways to Achieve Success [in 2022]
Wholesale distributors must evolve and embrace the digital way to beat the cut-throttle competition. What really has changed now is distributors have to think beyond just understanding their specific needs and but should allow a great deal of flexibility with tools and technologies to make their lives easier. Finding new ways to engage and build loyalty with customers matters and without the aid of digital transformation technologies, it’s highly impossible today. Digital transformation offers a plethora of opportunities to distributors like any other industry verticals and with the help of such advanced technologies creating deep and friendly services relationships with customers is easy. Remember, digital disruptions not only improve your customer experience but also improve the overall performance, efficiency and results. In this post, I have compiled 5 ways distributors can achieve the digital business transformation to stay ahead of the competition and build strong bonds with customers. Before getting started with that, let me brief why distributors must go the digital way to improve performance. Shared below are the few reasons that force distributors to take the digital route for success.
Gengarajan PV
January 4, 2021
5
min read
Digital Transformation
Chatbots for FinTech App – How Chatbots and Mobile Apps Play Together
While a lot has been debated on whether chatbots will replace mobile apps in the future, the scenario is yet to take over as people’s love towards mobile apps hasn’t perished. The best way now is to make mobile apps play together with chatbots to improve business RoI. The role of a mobile and web application development company or partnering with digital transformation services is critical in this context. Be it FinTech or any other industry, combining the power of chatbots and mobile apps will certainly add a significant edge over the competitors.
Anand Ethiraj
February 4, 2021
5
min read
Digital Transformation
Product Engineering Services for Manufacturing – A Quick Guide
Product engineering services are gaining momentum in the enterprise arena. According to Markets and Markets the product engineering services market is expected to grow from $676.17 billion in 2016 to $1,003.12 billion by 2021, at a CAGR of 8.2% from 2016 to 2021. Product engineering services offered by companies is not just limited to product designing, development and release of a product. In fact, it has got more than what meets the eye. Product engineering services can be the designing and development of software or hardware or IT solutions or embedded services or manufacturing services. Even modernizing the existing models with brand-new solutions or contemporary solutions refers to the above-stated services. Let’s find out how Product Engineering Services works for manufacturers.
Gengarajan PV
February 10, 2021
5
min read
Digital Transformation
7 Signs Your Manufacturing Company Needs IoT Solution
Gengarajan PV
February 11, 2021
5
min read
Digital Transformation
Digital Transformation: CEO’s Perspectives for Business Transformation Success
Digital transformation is one of the most echoed terms in the business landscape today. A major roadblock most companies face when it comes to digital transformation success is the leadership buy-in and this boils down to understanding what exactly a CEO of or top C-level executives of a digital transformation or web application development company goes through when it comes to transforming their businesses with cutting-edge digital solutions like Mobile app development, Web app development, IoT, RPA, AI, etc. Despite the debates on the CIOs have to lead the digital transformation from the front to achieve success, the role of CEOs can’t be overlooked as both CIOs and CEOs have to collaborate together at some point to ensure the painless transition. 90% of CEOs shoulder the transformation roadblocks and challenges according to reports. But the real problem with most companies is that many CEOs still don’t understand the role of marketing the strategy to stakeholders, clearing roadblocks on aligning resources and re-defining the future culture of the organization fully. Here comes the significance of partnering with renowned digital transformation services. This post is all about decoding digital transformation from a CEO’s point of view. The post will help you identify some of the challenges CEOs face when settling out for digital transformation and how to mitigate them.
SHIVA SANKAR
February 14, 2021
5
min read
Digital Transformation
How to Effectively Reduce Manufacturing Waste Using Data
It doesn’t matter what kind of business you’re into – be it Manufacturing, Logistics or Retail, delivering customers with unparalleled customer experience is critical. To deliver such an amazing experience developing products of sheer quality matter. Considering this, Manufacturers have started to focus on lean manufacturing methods to improve quality. When we talk about product quality, reducing waste plays a vital role. Most often, manufacturing waste contributes to the highest expenses and adapting to best practices is a must to reduce the waste and improve quality. Before getting started with how to reduce manufacturing waste with Industrial IoT solutions, let’s understand different types of manufacturing waste that contributes to increased expenses.
Gengarajan PV
February 20, 2021
5
min read
Digital Transformation
Smart Manufacturing: Top 5 Shop Floor Challenges (and Solutions to Overcome)
Growing customer needs and technology advancements have started to transform all industries and Manufacturing is no exception. With too many challenges to seek solutions for, the industry is looking for technology advancements (and right IoT app development company or reputed digital transformation services to partner with) to help improve shop floor productivity, growth and ensure delivering unparalleled customer experience. Here’re 5 common challenges every manufacturing floor faces. Lack of top floor to shop floor visibility Manual job allocations Lack of real-time data for monitoring LE & OEE Unplanned machine downtime and maintenance costs Lack of employee health safety measures Top manufacturing companies that have incorporated the Industry 4.0 solutions built of robust technologies like mobile app development, IoT, Sensors have accelerated their productivity by at least 10x than it was before. Still not convinced? The sections below will help you understand the impact of Industry 4.0 and what smart factories mean for manufacturers.
SHIVA SANKAR
February 20, 2021
5
min read
Digital Transformation
Smart Manufacturing: 6 Ways Industry 4.0 Solutions Are Transforming Shop Floor
According to MarketsandMarkets, the Internet of Things (IoT) in the industrial sector, has given rise to a new concept known as the Industrial Internet of Things (IIoT), also known as Industrial Internet or Industry 4.0. The manufacturing industry is looking for digital transformation services, solutions (or partnering with a leading IoT app development company) that deliver necessary intelligence and visibility to their existing process to optimize their operational efficiency. Before doing a deep dive into the topic, let’s get started with Industry 4.0, its applications.
Gengarajan PV
February 26, 2021
5
min read
Digital Transformation
Guide to IoT in Manufacturing – Growth, Benefits, Use Cases [Infographic]
Globalization and growing customer demands have encouraged manufacturers to try new initiatives to stay ahead. By uncovering/investing in new alternatives like digital transformation services, solutions, manufacturing companies can redefine the way they operate and serve customers. And, this creates an amazing opportunity for every manufacturer and IoT app development company.
Gengarajan PV
March 20, 2021
5
min read
Digital Transformation
Top 5 Challenges for Manufacturing CIOs in 2021[Updated]
Industry 4.0 is the new rage in Manufacturing. However, most CIOs of manufacturing organizations have not completely realized the potential benefits of digital solutions and technologies that supercharge productivity, RoI. Beyond the delivery of IT infrastructure and services, the key performance metric for a CIO is an unwavering focus on business outcomes. Remember, CIOs that foresee and invest in manufacturing transformation using digital solutions are becoming the future CEOs. The fact that digital transformation services, technologies improve not just productivity, but also overall customer experience is being widely accepted in manufacturing as the efficacy of IT in integrating the entire value chain is understood. Here are some challenges that Manufacturing CIOs would confront in 2020-21.
Nandhakumar Sundararaj
March 20, 2021
5
min read
Digital Transformation
Complete Guide to Role of Mobile Application in Business Digital Transformation
Digital transformation is the biggest buzzword today. But, many industry leaders fail to realize the potential impact of digital enablers compared to aspects like a digital roadmap, strategy, implementation, etc. Specially, the introduction of innovative technologies like IoT, AI, ML, and RPA has shifted the eyeballs of enterprise heads from identifying the significance of mobile applications and their growth. However, failing to engage with a leading digital transformation services might also impact the digital transformation initiatives and enterprises must consider this. The role of mobile applications as a key digital enabler can’t be taken lightly as they provide a massive advantage to any enterprise across verticals. This post brings out the importance of having mobile apps in a digital transformation strategy and how it helps enterprises accelerate productivity, growth, and RoI. Before getting started, let’s quickly take a look at what the digital transformation hype is all about and why you should worry.
Gengarajan PV
April 12, 2021
5
min read
Digital Transformation
The Future of Mobile App Development: 5 Trends for 2022
Enterprises always lookout for the latest technology trends to stay ahead of the competition and mobile application development is not an exception. Nevertheless, the use of enterprise mobile applications against the download rate is always debated by experts. To provide clarity, in this post, I have provided information about the growth and future of mobile application development despite decline in downloads. Also, I have shared 5 mobile app development trends for 2022, which many may find useful. Let’s get started with enterprise mobile app downloads vs. use statistics. According to a Comscore report, a majority of users (51%) still don’t download any apps in a month and the trend is set to continue. So, does that mean the growth of mobile applications is declining? Certainly not! However, the way mobile apps consumed varies across enterprises has changed. Well, the sections below will help both the enterprises, mobile, digital transformation services and web application development company. Here are the 5 app development trends to look for in 2022.
Gengarajan PV
April 15, 2021
5
min read
Digital Transformation
The Significance of Microsoft Azure in Enabling Industrial Internet of Things.
Achieving high efficiency, quality, and sustainability of products and services is key to staying relevant in the era of digital transformation. In a move to optimize resources and upscale profitability, manufacturers across the globe have started adopting Industry 4.0 and IIoT solutions. While these solutions play a pivotal role in reducing manufacturing downtime and improving human-machine collaboration, they lack real-time communication between Operational Technology (OT) and Information Technology (IT) across remote locations. The lack of remote communication confines the capabilities of digital transformation to the factory. Cloud service providers bridge this gap and enable industries to develop full-fledged digital and connected industrial ecosystems. In this blog, we explore how Microsoft Azure empowers the industrial internet of things at minimal cost, time, and effort.
Gengarajan PV
April 22, 2021
5
min read
Digital Transformation
The 5-Minute Guide to Reducing Downtime in Manufacturing with IOT
Gengarajan PV
April 30, 2021
5
min read
Digital Transformation
How to transform manufacturing shop floor operations through job card digitization?
Gengarajan PV
May 18, 2021
5
min read
Digital Transformation
What is Preventive Maintenance? How can it reduce Downtime?
Preventive maintenance is a preventative measure where predetermined steps can be adapted in case of a prospective machinery failure. Taking this precaution can help increase the safety, reliability of the equipment, enhance performance and reduce costs associated with operation and downtime. Manufacturers who intend to transform customer experience and provide high-quality services must employ advanced maintenance protocols to drive growth. An unpredictive outage can incur a significant amount of damage; therefore, monitoring the equipment during regular intervals can help alleviate risks associated with dysfunction and outage. The problem could be anywhere from lubricating the equipment to replacing malfunctioning parts or simply cleaning. Being aware of substantial risks and developing a contingency plan to deal with them is crucial to delivering high-quality products and services consistently. Ideally, successful companies have an estimated preventive maintenance percentage greater or equal to 85% to ensure that their business thrives and avoid unprecedented loss. Many demanding companies from various sectors are already employing this smart solution to surpass their competitors.
Gengarajan PV
June 27, 2021
5
min read
Digital Transformation
Compliance checklist for equipment’s preventive maintenance
Having a preventive maintenance plan is the most crucial part of any large-scale manufacturing industry as it acts as a contingency plan in case of an unexpected outage. But is having a strategy itself is enough? It would be best to tailor your preventive maintenance plan according to your company’s facility and maintenance tasks. It is essential to know the anatomy of the plant before developing a preventive maintenance checklist. Here’s what you can do. You can develop a skeleton consisting of the basic details of the plant and the equipment along with the desired goals. Now comes the central part, a checklist. Every mediocre task can reap benefits from a simple checklist. Imagine how easy it would be to break down a set of complex functions into an easy checklist. That’s what you need to maintain a smooth workflow. Keep reading as we walk you through some basic guidelines to create the ultimate checklist for your facility.
Gengarajan PV
June 28, 2021
5
min read
Digital Transformation
How IoT is revolutionizing fleet management?
IoT is a breakthrough that led to a remarkable technological evolution in the recent past, with its radical advancement in every possible industry. It is the present and future for ground-breaking business transformations. This advancement encouraged nearly every business to re-evaluate their strategies and streamline their operations. Fleet Management is no exception. Every business is tailored in its unique way to its personalized goals.
Gengarajan PV
July 27, 2021
5
min read
Digital Transformation
Leverage Computer Vision to transform Visual Inspection: Achieve faster, cheaper, and more accurate Quality Control
Gengarajan PV
August 27, 2021
5
min read
Digital Transformation
4 Digital Transformation Technologies That Will Dominate Enterprises in 2022
Digital Transformation is maturing and companies pursuing it are enjoying the harmonious growth and benefits. As many presume, implementing Digital Transformation is not for going mobile but ensuring a company-wide growth. According to Forbes, Fifty-seven per cent cite “integrating all social, mobile, web, commerce, service efforts and investments to deliver an integrated, frictionless, and omnichannel customer experience” as a long term goal; fifty-four percent cite it as a short term one. Forty-nine per cent seek to “modernize IT infrastructure and technologies with increased agility, flexibility, manageability and security” in the long term; forty-five in the short term. With leading digital transformation services as your partner, it can be achieved without any discomfort.
Nandhakumar Sundararaj
September 27, 2021
5
min read
Digital Transformation
Why Smart Manufacturing is the need of the hour?
Gengarajan PV
October 4, 2021
5
min read
Digital Transformation
Supply chain 4.0: Achieve greater efficiency, visibility and collaboration in logistics
Over the last 30 years logistics has evolved from a purely operational function that reported to sales and manufacturing to an independent management function, which is already being spearheaded by dedicated teams and a CSO (chief supply chain officer). From managing inventory, ensuring steady supply of production lines and timely delivery to customers, the emphasis of supply chain has shifted to advanced planning processes such as analytical demand planning or integrated S&OP. The new supply chain is all about integrated operations from customers to suppliers.
Gengarajan PV
October 12, 2021
5
min read
Digital Transformation
How to scale IoT to meet enterprise needs – A roadmap to guide your scaling strategy
Scaling IoT networks effectively is no walk in the park. While increasing the number of devices leads to better connectivity, it also heightens the risk of facing latency and security related problems. You may also overlook the quality of ongoing service delivery in the quest to achieve improved connectivity and product development, which can affect your scaling potential in the long run. True scaling starts at a typical number of 1000 devices. Service providers usually hit a roadblock at this point, and realize they have neither the tools nor the processes to answer even basic questions about the state of their devices and customers. Am I providing valuable service to my customers? What is my device uptime and usage? How many of my devices are faulty? Are they capturing the right data? These are just some of the questions that may enter your mind as you start to scale. More often than not, the answer to these questions is “I do not know”! The spreadsheets and brainpower that had been used to monitor the devices becomes completely overwhelmed, and scaling becomes a tedious process. So, how can you ensure that your IoT scaling strategy is sustainable and successful? Also, how do you find the right IoT app development company to ensure that you achieve the required results? Let’s find out.
Gengarajan PV
October 18, 2021
5
min read
IoT security challenges
The Amazon-owned company Ring has earned a notorious reputation for itself in recent years. Once for accidentally revealing user data to both Facebook and Google via third party trackers embedded into their android application, and secondly due to an IoT security breach where cybercriminals successfully hacked into connected doorbell and home monitoring systems installed by several families. By using a variety of weak, recycled, and default credentials, hackers were able to access live feeds from the cameras around customers’ homes and were even able to communicate remotely using the devices’ integrated microphones and speakers. In fact, more than 30 people in 15 families reported that hackers were verbally harassing them. In another incident, research submitted to the FDA found that St. Jude Medical’s implantable cardiac devices have vulnerabilities. If hackers were able to gain access, they could deplete the battery or administer incorrect pacing or shocks. Thankfully no patients have been harmed and St. Jude has solved the problem by developing a software patch to fix the issue that occurred in the device’s transmitter. These two stories provide substantial evidence to show that IoT security challenges and issues are bound to arise as IoT adoption booms. That being said, let us dive right in and explore the top IoT security challenges, as well as the defence protocols to tackle them.
Gengarajan PV
October 26, 2021
5
min read
Web Development
The Ultimate Guide to Building Scalable Web apps: Part 1
Gengarajan PV
November 17, 2021
5
min read
Digital Transformation
How IoT Is Improving Transportation and Logistics
A report by IDC suggests that IoT spending is expected to surpass 1 trillion dollars by 2022. With more and more companies jumping on the IoT bandwagon, the above statistics holds true. Almost all companies across verticals have started to embrace the power of these emerging digital transformation services, technology to achieve massive success and surpass their competitors (thanks to every IoT app development company out there). Out of the many, the major beneficiaries of IoT are Logistics and Transportation companies. This post talks about the role of IoT in logistics and transportation, its benefits and use cases to help you understand the significance of Industry 4.0 solutions and their impact on the above-stated business verticals.
Gengarajan PV
November 21, 2021
5
min read
Digital Transformation
Smart vs. Traditional Manufacturing: A “Never-Before-Seen” Comparison
Manufacturing is an ever-evolving industry and data shows that the industry contributes to the significant amount of revenue to any country. With said that, the industry leaders have started to shift their focus from traditional to smart manufacturing using industry 4.0 solutions as they offer a plethora of benefits to operators, managers, and executives of companies under this sector. To add to that, partnering with a right IoT app development company can’t be ruled out as well. However, a recent study has indicated that still, some companies haven’t taken the smart way (partnering with digital transformation services) to improve the way they work and struggling to accelerate productivity. This post is all about helping companies, still believing only in traditional systems, with specific details and benefits of how smart manufacturing will take their business operations and customer satisfaction to a new level. Industry 4.0 solutions have taken manufacturing by storm. According to a Forbes report, the new machines, devices, and robots will help companies produce better with little human inputs. And according to the Deloitte University Press, Industry 4.0 brings in the physical-digital-physical link. That means the advanced technologies will pave way for connected enterprises that operate smart and deliver unparalleled customer satisfaction. Before getting started with here are a few challenges the industry faces with the manual-only approach.
SHIVA SANKAR
November 24, 2021
5
min read
Digital Transformation
Customer Experience Trends in 2022 – 5 Top Blogs from Industry Experts
Gengarajan PV
December 4, 2021
5
min read
Digital Transformation
Digital Manufacturing: Top 7 Challenges CIOs Face in 2022
According to industry leaders, manufacturing companies will see CIOs leading the digital transformation efforts from the front. With said that, I would jot down 7 challenges that await IT in 2022 when it comes to planning & implementing digital transformation initiatives at their Manufacturing companies. Remember, CIOs that foresee and invest in manufacturing business transformations are becoming the future CEOs according to experts.
SHIVA SANKAR
December 6, 2021
5
min read
Digital Transformation
A handy guide to Preventive Maintenance: 6 steps to reduce costs, streamline operations, and maximize the performance of your assets
Gengarajan PV
December 7, 2021
5
min read
Digital Transformation
3 Technologies That Will Transform Customer Experience in 2022
A customer is the most critical aspect of any business. Every business is striving hard to satisfy its customers with the help of best-in-class services, products, support, and technology. While many succeed, some falter. What do you think is the major difference between the companies that succeed and others? Well, the winning companies are technology-driven and they invest in the right technology, tools and partner with a right digital transformation services or web application development company to develop products, offer services and support to engage better with customers.
Gengarajan PV
December 12, 2021
5
min read
Digital Transformation
Digital Transformation in Healthcare 2022 – Technology Trends and Benefits
According to reports, only 7% of healthcare and pharmaceutical companies have implemented digital strategies, while for others it is around 18%. However, the current trend is indicating that both companies have started to realize the impact of digital solutions on their businesses. This post will throw light on the digital advancements and solutions that could help these companies offer seamless and unparalleled patient care.
Gengarajan PV
December 13, 2021
5
min read
Digital Transformation
Top 7 Asset Tracking Methods (#7 Is Best Solution in 2022)
Is asset tracking important? What you would do if you don’t have any control over your assets. You’d end up with exorbitant spending, right? What is expected is utilizing each and every asset to the fullest as this will help you save money. Discovering the assets at the right time helps businesses to reduce the total cost of ownership and improves asset RoI. This is where trying out digital transformation services matters. Okay. By now you know that tracking assets is super important; but, how do you do that? Is there any method or way out? Do you really have the expertise or looking for an IoT app development company to help you? Well, here are some of the ways to achieve your goals. Here you go. Discover the different methods available to track assets and choose the one that best suits your business. This post will guide you with top 7 asset tracking methods that are widely used by companies across the industries (and you might end up with the one you’re looking for).
SHIVA SANKAR
December 13, 2021
5
min read
Digital Transformation
Digital Maturity: The backbone of advanced smart manufacturing
Manufacturing has been evolving by leaps and bounds, since the Industrial Revolution first started, 250 years ago. The current transformation phase, characterized by Industry 4.0 solutions, aims to achieve full digitization or smart manufacturing. Smart manufacturing rooted in data centricity, technology adoption, and digital capabilities, creates a strong culture of value creation. Leading manufacturers have already achieved this, and boast comprehensive digital capabilities. This status, best described as digital maturity, marks the ability of a manufacturing company to keep evolving. Digitally mature companies generally report high revenue growth/ net profit margins compared to industry averages. The reason is quite simple: digital operations deliver process optimization, and continuous improvement capabilities, resulting in significant cost savings. By capitalizing on Industry 4.0 solutions, digitally mature companies engineer all-around value encompassing processes, quality, customer satisfaction levels, revenues, and innovation. That being said, let us explore the characteristics of a smart manufacturing organization:
Gengarajan PV
December 24, 2021
5
min read
Digital Transformation
10 Digital Transformation Technologies & Trends That Will Dominate Enterprises in 2022
MarketsandMarkets forecasts the digital transformation market to grow from USD 290.00 Billion in 2018 to USD 665.00 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period. I know this piece of news will delight leading digital transformation services around the world.
SHIVA SANKAR
January 2, 2022
5
min read
Field sales
Put sales on steroids: Equip your sales teams to thrive in a digital world through field sales digitization
Gengarajan PV
January 10, 2022
5
min read
Digital Transformation
Maintenance 4.0: Scale the reliability, performance, and safety of your assets
Gengarajan PV
January 12, 2022
5
min read
Digital Transformation
Embracing Digital Twin Technology to Usher in a New Age of Performance Optimization
Gengarajan PV
January 17, 2022
5
min read
Digital Transformation
A handy guide to RPA: Leverage automation to save costs, optimize productivity and improve employee experience
Gengarajan PV
February 7, 2022
5
min read
Digital Transformation
8 reasons to incorporate Digital Work Instructions into your business
Digitizing your work instructions is key to developing a smart factory. With the ability to standardize processes and collect vital data, digital work instructions provide the tools necessary to achieve your smart manufacturing goals. Manufacturing companies face many challenges today. The industry is both fast-paced and competitive. If manufacturers fail to embrace modern technology and practices, they are likely to witness high turnover costs, expensive quality control, and a reduction in productivity. By digitizing your work instructions, your company can take a big step forward into Industry 4.0. Work instructions software offers a wide range of ever-growing benefits. Let’s explore 8 such reasons:
Gengarajan PV
February 8, 2022
5
min read
Digital Transformation
Top 5 benefits of IIoT: Supercharge your manufacturing business and achieve optimum performance
The Internet of Things is transforming the world as we know it and ushering in a new era of connectivity. Smart connected devices are rapidly disrupting every vertical from retail and education to healthcare and entertainment. The manufacturing industry has been quick to catch on to the IoT revolution, and an industry that was once slow to evolve is now digitizing at Godspeed. This movement, known as the Industrial Internet of Things (IIoT), is enabling manufacturers to: Boost operational performance Ensure safety and compliance Increase flexibility and agility Digitization is no longer a choice for manufacturers; they now compete for business on a global scale while managing rising consumer expectations along with supply chain threats like outbreaks, disasters, and conflicts. To cope with these challenges, manufacturers are increasingly turning to IIoT as the cornerstone of their Digital Transformation initiatives. If you’re looking to add a strong competitive edge to your business, IIoT is your best bet. The benefits impact everything from maintenance to supplier logistics and employee workflows. Before you set out to reap the benefits of this miraculous technology, however, let us first understand how it works and what it can do for your operations.
Gengarajan PV
February 14, 2022
5
min read
Digital Transformation
5 Types of Maintenance to Skyrocket Reliability and Performance
One irksome aspect of running a manufacturing business is that you will frequently encounter maintenance issues. Although we’d all like to operate with perpetual motion machines and enjoy uninterrupted production, the hard truth is that machines will malfunction, slow down or fail over time due to natural wear and tear. Maintenance bites into a huge chunk of the total operating costs for many industries. Unexpected events like premature equipment failure can lead to additional costs that are difficult to manage. Case in point, the profitability of a company largely depends on how the maintenance team plans and implements maintenance processes. Well-thought-out maintenance programs are the cornerstone of business productivity and reliability. However, each plant has unique requirements and demands an appropriate maintenance strategy to reduce costs and optimize equipment. There are 5 main types of Industrial Maintenance Preventive Maintenance Corrective Maintenance Predictive Maintenance Condition-based Maintenance Predetermined Maintenance Understanding these different types will enable you to implement the right maintenance strategy for your business.
Gengarajan PV
March 2, 2022
5
min read
Digital Transformation
Top 7 use cases of IIoT: Advance automation, boost production performance and skyrocket growth
The industrial internet of things (IIoT) is quite simply the application of instrumentation, connected sensors, and data analytics to industrial machines and processes. IIoT leverages futuristic technologies such as machine-to-machine communication, edge computing, distributed ledger technology (DLT), robotics, and AI to achieve unimagined levels of automation and actionable intelligence. By pairing disruptive technologies with data, IIoT is optimizing industrial equipment and processes, resulting in better productivity, reliability, and profitability. The goal of IIoT is to create environments capable of monitoring, collecting information, analyzing data, and making decisions immediately in a very effective way using hyper-connected networks. IIoT solutions have already been adopted by thousands of production plants across the globe in a wide variety of sectors such as retail, healthcare, energy, transportation, agriculture, manufacturing, and automotive sectors. That being said, let’s explore 5 specific use cases to understand how asset-intensive industries are harnessing IIoT to redesign business operations and boost efficiency.
Anand Ethiraj
April 13, 2022
5
min read
Digital Transformation
Top 7 Inventory Management Challenges & Solutions
Be it manufacturing, construction, or retail, managing inventory is extremely critical for business growth. Inventory is the heart of the above industries. With that said, understanding the common challenges in inventory management becomes super important and industry heads are looking out for solutions (and finding the right IoT app development company) to achieve profit and improve customer satisfaction. No matter where the inventory is located: be it warehouse, multiple locations or consigned or drop-shipped from supplier, managing inventory better is an absolute must for improved cash flow and reduced expenses. This is where partnering with reputed digital transformation services matters.
Gengarajan PV
May 2, 2022
5
min read
Digital Transformation
Digital transformation in healthcare: Trends and Technologies for 2023
Digital transformation trends in healthcare refers to a collection of the most recent developments and innovations in digital technologies that hold the potential to improve healthcare operations dramatically. The backbone of this transition is the use of sophisticated technologies such as AI, ML, IoT, and other cloud technologies. Telemedicine, artificial intelligence (AI)-enabled medical devices, and blockchain electronic health records are just a few concrete examples of digital transformation trends in healthcare that are completely reshaping how we interact with health professionals, how our data is shared among providers, and how decisions are made about our treatment plans and health outcomes. Innovation is the name of the game here, with the main goal of streamlining physicians’ work, optimizing systems, improving patient outcomes, reducing human error, and lowering costs through amazing web and mobile experiences. Unfortunately, the healthcare and pharmaceutical industries have lagged behind when it comes to implementing digital strategies. If you haven’t capitalized on the healthcare technology revolution, it is high time you do so. However, before you set out to transform your medical practice into a thriving digital phenomenon in 2023, you need to acquaint yourself with the modern healthcare landscape.
Gengarajan PV
May 16, 2022
5
min read
Digital Transformation
Industry 4.0 Solutions: Technologies, Challenges, and Implementation for SMEs
Since the advancement of Industry 4.0 solutions, manufacturers have moved a long way from digitization to digitalization.
Gengarajan PV
July 11, 2022
5
min read
Digital Transformation
Digital Maturity Success – What Should You Know and Do
Almost every manufacturing company today is investing in digital transformation solutions to transform their operations to boost performance and efficiency. But if you ask, “Are all the companies digitally mature?” The answer is NO most of the time. Every company that has transformed its business operations with digital solutions is not digitally mature. Changing the business with a digital solution doesn’t make your company digitally mature. Remember, only companies that are digitally matured can evolve with new technologies. Only a few companies are digitally mature, and their growth is 10x more than those not consistently leveraging digital solutions. So, what is the difference? What the heck is digital maturity? What must companies know and do to achieve digital maturity? And how to evolve with new technology? If these are the questions popping up in your minds, then this post is exclusively for you. Before getting started, let’s throw light on what digital transformation and maturity are and why they are vital to the success of manufacturers.
Gengarajan PV
July 29, 2022
5
min read
Digital Transformation
How to perform manufacturing capacity planning: A handy guide Part 1
Do you constantly encounter bottlenecks and hindrances while running your day-to-day production lines? Did you ever face a situation where you had to stop production due to unforeseen emergencies and problems? If you answered yes to any of the two questions that we asked, then you need to implement a process that matches your production capacity with sales demand. If you attain the capability to forecast the ability of your production line, service department and function to meet a specific level of demand over a particular duration, and take into account factors like downtime, legal challenges, maintenance requirements and other constraints, you can overcome a lot of your production problems. Having said that, let us guide you through a process that will empower you to gain better control of your production. Capacity planning is the process that we are referring to and effective capacity planning is crucial for your company irrespective of the size and scale of your production. First things first, let us first unravel what the term capacity planning means!
Gengarajan PV
August 3, 2022
5
min read
Digital Transformation
How to minimize scrap in manufacturing Part 1: Reduce rework, optimize productivity and turbocharge your revenue
Of all the components comprising the cost structure of manufactured goods, material cost is one of the most expensive for almost any industry. Of course, without raw materials and components, there would be no production. But if too much material is rejected owing to its poor quality, it can negatively impact a company’s profit margins. Across industries, rejected material is referred to as “scrap”. Few things get the attention of management like high scrap rates. The issue is so critical that, similar to labor and equipment utilization, programs to reduce scrap are almost always an essential part of manufacturers’ continuous improvement initiatives. Manufacturers have to take into consideration scrap rate as opposed to focusing solely on creating maximum output, to ensure optimal profit. But what exactly falls into the category of “scrap” material? How can managers actively strive to reduce the amount of scrap generated? Read on to find out! In this article, we will delve into the concept of scrap, the method to calculate your scrap rate, and explore strategies that you can deploy to reduce scrap and rework in your manufacturing operations.
Anand Ethiraj
August 8, 2022
5
min read
Digital Transformation
How to measure and lower manufacturing lead time: A guide to skyrocket your business efficiency
Consumers today expect products to be well designed, easy to order as well as fast to deliver. Akin to manufacturers, consumers have begun to embrace cutting-edge digital technologies and their expectations from manufacturers have also evolved. In the midst of rising expectations, manufacturers have to strive to delight their customers by leveraging a combination of disruptive products and services, faster lead times, and better user experiences powered by futuristic digital technologies. Lead time is a particularly significant metric that represents a company’s ability to meet customer expectations and enhance customer happiness levels. It is used by manufacturers across the globe to analyze efficiency and identify areas for process improvement to reduce the time required to deliver finished products to customers.
hakuna
August 17, 2022
5
min read
Digital Transformation
An introduction to the world of lean manufacturing: The why, what and how of manufacturing excellence
Nandhakumar Sundararaj
August 18, 2022
5
min read
Digital Transformation
Digital Dashboard: 6 Reasons Why C-Level Executives Need One
How easy is it to track your business KPIs? Do you have a suitable mechanism to track and improve the performance of the workforce? If these questions are lingering in your mind for some time, then you’re not alone. It is true that data is the king of thriving businesses. But, if you can’t make the most out of the data when needed, there is no point in amassing them. Many businesses face this challenge, especially manufacturing companies, which are constantly searching for a solution to overcome this production barrier. Only with the help of real-time data the top management can make adjustments to strategy or improve production efficiency and performance of the workforce in the manufacturing plant. They need a solution that helps them to track data instantly to improve the process and execution. Here goes the solution to the pressing challenge – digital dashboards. Today, many companies leverage digital dashboards to improve executives’ decision-making and the efficiency of the workforce. Before getting started with the key benefits of digital dashboards, let’s quickly throw a glance at what a digital dashboard is and how it can help the C-level executives of manufacturing companies.
Nandhakumar Sundararaj
September 19, 2022
5
min read
Digital Transformation
Digital Transformation for FinTech: Challenges, Applications, and Benefits
Are you ready for transformation? If yes, we can help.Of the many, two industries deal with a massive volume of customers: (i) retail and (ii) finance. While the prior has already undergone rapid transformation by leveraging the potential of advanced tools, and technologies, the latter is yet to catch up. However, according to reports, there is a significant boost in the number of finance-related companies implementing emerging technologies like IoT, AI, RPA to improve their customer service and operations. Especially, the global COVID pandemic has forced companies to re-strategize their visions and operations to align with business objectives. One such adjustment to meet the goals is implementing next-generation technologies like IoT, AI, etc. From reports, AI tops the list of implementations in 2022 by finance-based companies. According to the latest report, the global AI fintech market is predicted to reach $22.6B in 2025, achieving a Compound Annual Growth Rate (CAGR) of 23.37% between 2020 and 2025 according to Mordor Intelligence. (Source: Forbes)
Anand Ethiraj
September 20, 2022
5
min read
FinTech / IoT
IoT in FinTech: Top 10 Challenges and 5 Applications
The advancement of FinTech services has transformed the way financial services work. The sector dealing with a mammoth customer influx daily is looking for solutions that can improve its operations and efficiency staggeringly. Of the different FinTech services, the Internet of Things and Artificial Intelligence play a critical role in improving banking and financial institutions.
Nandhakumar Sundararaj
October 5, 2022
5
min read
Connected Worker
How Connected Workforce Platform Improves Workforce Performance and Productivity
The manufacturing industry is no short of a challenge. Of the many challenges, the most concerning one is declining operational efficiency. If you believe only Covid-19 has contributed to manufacturing companies’ operational efficiency and performance issues, you’re wrong. There is no denying that Covid-19 has impacted how employees operate and perform on the production floors, but it is not the sole reason for the hampered growth. Of course, the growth of today’s manufacturing units has shrunk significantly.
Gengarajan PV
December 29, 2022
5
min read
Connected Worker
Connected Worker Platform: Why Manufacturers Must Have One
Managing the frontline workers, assessing their performances, and mapping the output against the goals is often a headache for most manufacturers. The reason is simple. Most manufacturers have manual processes for assigning jobs, evaluating performance and efficiency, and matching the productivity rate against expected results. And this is never good enough to analyze and evaluate performances. Such an approach is causing the companies dearly and resulting in dismal results due to substandard workforce performance and below-par productivity.
Gengarajan PV
December 30, 2022
5
min read
Digital Transformation
Digital transformation: 6 Ways to Improve Your Workforce Performance and ROI
Gartner believes digital transformation requires making existing processes more efficient and creating or unlocking new value for customers. It allows organizations to understand modern buyers, interact with new ones, and meet their expectations through multichannel customer experiences. Ultimately, digital solutions meet customers’ expectations and open up new business opportunities. Digital transformation is vital for more than just taking advantage of new opportunities to grow and scale, it can also prove critical in shaping the future of some businesses and industries. New technologies and improved customer experiences are the main drivers behind companies investing in digital transformation, but the biggest reason for prioritizing this transformation is that it will enable them to take advantage of new growth opportunities. Leveraging advanced technologies enables companies to shift their business models and adjust to the new normal. Many companies are becoming more conscious about their customers’ experiences, and 92% of leaders are developing complex digital transformation strategies for improving consumer experiences. While there is no question that digital transformation is essential for improving customer experiences, companies investing in technologies that enable their employees typically experience vast improvements in employee engagement and company productivity. Digital transformation is the practice of using technology to dramatically alter one’s business to chase new revenue streams and business models and avoid disruption.
Nandhakumar Sundararaj
January 7, 2023
5
min read
Connected Worker
5 Trends Making Connected Workers a Must for Future Manufacturing
Manufacturers are not in a position to continue with their decade-old manual or semi-automated processes anymore. COVID’s impact, growing customer demands, and changes in customer behaviors have started to impact the way many manufacturing companies operate today.
Anand Ethiraj
January 10, 2023
5
min read
Digital Transformation
6 Key Tech Trends Every Product Business Must Know (in 2023)
Companies have to walk the extra mile to deliver customers a never-before-seen experience. It is the only way out to survive the cut-throat competition. So, irrespective of the size, industry vertical, services, or product, companies must fix their eyes on emerging technology trends to stay ahead of the competition and delight customers with awe-inspiring experiences. In this post, I will focus only on product-based businesses. The number of companies investing and implementing next-generation technologies has increased multifold in the past few years. And they are doing it right to improve their business efficiency and customer experience. Be it a small, medium, or large-sized company, without technology upgrades, you won’t be able to entice your end users. If you’ve carefully analyzed the factors that impact the budget of companies, technology investment will top the list.
Nandhakumar Sundararaj
January 27, 2023
5
min read
Digital Transformation
Impact of AI on Banking & Insurance (2 Exciting Use Cases)
Digital transformation is taking the financial industry by storm. Artificial Intelligence and Machine Learning are the red-hot technologies transforming the sector, reeling under the pressure of managing customers and their data. Finance is a process-heavy industry and produces a lot of data. The industry has struggled to improve its data management over the years, yet failed due to lack of systems and tools. The real challenge is managing the data with the current systems, tools, and processes. Now, the invasion of AI and ML has enabled Finance companies to improve their end-to-end processes and data management. And the technologies are helping greatly improve the Finance company’s performance, efficiency, and customer satisfaction. With many benefits to offer, companies are heavily dependent on these futuristic technologies. Here are some of the challenges the industry faces daily. Managing customer data Adjusting strategy to improve customer satisfaction Making quick and decisions Enticing customers with offers and discounts Engaging customers Serving customers Risk management Detecting fraudulent activities Improving customer retention rate Enhancing customer satisfaction, etc. Consider any finance-based company – Banks, Insurance, etc., that faces the above-stated challenges daily and looks for solutions to negate them. Before diving deep into understanding the impact of AI/ML in the Finance Industry, let’s throw light on their growth across different verticals.
Gengarajan PV
January 19, 2023
5
min read
Digital Transformation
Performance Engineering for Business – What, Why, and Key Benefits
If you presume the role of developers is to develop bug-free software, you are mistaken. Software is designed and developed for a real-time user. Developing bug-free software doesn’t automatically imply that the software is super functional and delivers high performance. Not all software always lives up to user expectations and practicality, especially since many aren’t scalable. This is one of the reasons why most software falters in the real world. So, what should be done to make the software reliable, scalable, and high-performing? If this is the question you’re seeking an answer to, Performance Engineering is the best bet to overcome the challenge. Let’s dig deeper into the challenge to understand the limitations and challenges in the current development process and why you need something called Performance Engineering to bolster the software quality and performance.
Anand Ethiraj
January 27, 2023
5
min read
Product Engineering
Field Sales Management: 6 Massive Challenges and “#1” Solution
Whenever you hear “Sales,” you immediately think of meeting targets. Most sales managers expect their executives to perform exceptionally and exceed their targets. Setting up expectations and milestones for the field sales team is fine. It is vital for the growth of the company and satisfying the customers. But, without any goal or milestone, it is hard to motivate the sales team to perform well. Nevertheless, in the practical world, field sales teams fail to achieve targets for various reasons. And one of them is Sales Managers facing some stiff challenges in managing field sales executives and their activities daily. Sales managers, instead of addressing the challenges, try motivating the field sales team to perform better; this worsens the condition further. So, it is all about understanding the challenges and seeking answers rather than wasting too much time arguing with the field sales team. Without fixing the challenges in the workflow and streamlining it, there is no point in improving the overall performance of the process and field sales team. If you’re a sales manager facing the heat of managing your field force team and improving their performance, then this post will help you with a practical solution – a field sales management app. This post details the top 6 challenges field sales managers face and a solution to overcome the shortcomings.
Nandhakumar Sundararaj
February 2, 2023
5
min read
Digital Transformation
Principles of Modern Software Management: Driving Project Success
Modern software management refers to the contemporary practices and approaches employed to effectively manage software development projects and teams. In today’s fast-paced and ever-changing digital landscape, the principles of modern software management play a pivotal role in driving successful development projects. By embracing these principles, development teams can effectively navigate the complexities of software development, optimize collaboration, and deliver high-quality software that meets user expectations. In this blog post, we will delve into the key principles of modern software management and explore how they contribute to project success.
Anand Ethiraj
July 3, 2023
5
min read