Accelerating Transformation in the Age of AI, Open Automation and Sustainability
Published on : Tuesday 06-08-2024
ARC’s 22nd India Forum discussed the acceleration of digital transformation across industries, says Sharada Prahladrao.
ARC Advisory Group’s 22nd India Forum titled Accelerate Transformation in the Age of AI, Open Automation, and Sustainability on July 10th and 11th, 2024 saw a turnout of 215 delegates, out of which about 82 percent were from non-sponsors. The interest and excitement were discernible as the suppliers and end users networked, shared best practices, and got an overall view of market trends and requirements. In recent years, the resonating theme across all ARC global forums has been the digital transformation of industries. This transformation has gained momentum in the age of Artificial Intelligence (AI), open automation, and sustainability. In sync with the Forum’s theme, the inaugural was done by ‘eco-friendly watering of plants’ by the five sponsors.
This two-day Forum featured about 25 executive speakers and panelists from several industries to share their experiences in digital transformation and sustainability initiatives; industrial AI, energy transition, software-defined architecture (SDA), and analytics; digital twin initiatives; and Open Process Automation (OPA).
The welcome address by G Ganapathiraman, Vice President and General Manager, ARC Advisory Group, India and the keynote addresses set the tenor for the presentations on both days.
Core theme of the presentations
The presentations revolved around the three aspects accelerating the digital transformation of industries: AI, Open Automation, and sustainability. Organisations are aligning their digital transformation goals and priorities to more effectively address the challenges they face. This alignment is crucial for maintaining focus and ensuring that transformation and initiatives are strategically targeted. Companies that can leverage digital technologies such as AI, open automation, digital twin, cloud, edge computing, IoT, etc., can achieve business agility, competitive excellence, resilience, and sustainability. The growing demand for sustainable products and services, coupled with regulatory mandates, has made sustainability a vital component of organisational strategy.
AI stands on the brink of revolutionising industry as it offers huge opportunities for optimisation, automation and innovation. Industrial AI, a subset of the broader field of artificial intelligence, applies AI technologies in industrial settings to augment the workforce, enhance customer service, and drive growth, profitability, and sustainability.
Open process automation that is standards based, collaborative, and interoperable is an important part of the digital transformation journey. Failure to transform is likely to undermine the future viability of the organisation.
End user executives shared their plans for increased investment in sustainability related initiatives, all of which will require new technologies as well as new thinking around legacy investments. Energy transition and sustainability are now being woven into the core business strategies of most of the world’s largest industrial companies, who now have the mandate and opportunity not only to tackle environmental and social challenges, but to take advantage of the many commercial opportunities and competitive advantages that sustainability initiatives can offer.
The attendees garnered information and best practices from the early adopters and understood the challenges along the path. The interactive panel discussions that followed each session, cleared doubts about how new technologies can be deployed in a responsible and sustainable manner.
Forum sponsors
The success of our Forum was largely due to the support of our sponsors, and they in turn were happy to meet and interact with a global audience.
Platinum Sponsor: OPC Foundation; Global Sponsors: Siemens, SMAR, Universal Automation; Silver Sponsor: ABB
Media Sponsors – Industrial Automation, IED Communications, Industrial, Chemical Industry Digest, Chemical Today, electronicspecifier.com, Highways Today, Products Finder, Technology Record, and World of Chemicals.
Article courtesy: ARC Advisory Group
Sharada Prahladrao is the Editor & Public Relations Manager at ARC Advisory Group. Besides editing global research reports she writes Insights, ARCViews and blogs. She has the innate ability to understand complex concepts and express them lucidly. She liaises with the media and contributes articles written by her and ARC colleagues regularly to industrial publications.
Prior to joining ARC, Sharada worked as a copywriter for F D Stewart and Clarion Advertising; provided media-related work for CorvoShandwick, a PR firm; and freelanced for local newspapers. She has been involved with two NGOs: integrating children with disabilities into mainstream education and rural education programs. She’s an alumna of Rishi Valley School, Andhra Pradesh and Mount Carmel College, Bangalore.
Bel Group and Dassault Systèmes partner to accelerate food industry transition
Dassault Systèmes and Bel Group have announced their long-term partnership to accelerate the food industry’s transformation towards a more sustainable model. The companies will play a pivotal role in shaping the future of food by digitalising the end-to-end value chain powered by artificial intelligence, from product idea to manufacturing and market launch.
The challenge of sustainably feeding a global population of 10 billion people in 2050 has propelled the need for innovative food technologies and disruptive ways of efficiently developing and manufacturing healthy and sustainable food in a highly regulated industry.
Bel Group will deploy Dassault Systèmes’ “Perfect Production” industry solution experience based on the 3DEXPERIENCE platform to improve the efficiency and
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sustainability of its manufacturing operations at 11 plants worldwide. Key elements of this transformation are manufacturing operations management (MOM), food and materials sciences, AI and product lifecycle management (PLM).
With MOM, Bel Group will continue to empower its employees through digital transformation, to make its manufacturing more efficient and responsive to market demands while optimizing inventory levels and consumption of raw materials. Bel Group will be able to produce more sustainably, with consistent quality, in any location.
With AI, Bel Group can continuously adapt to consumer needs with sustainable development and breakthrough innovation, by analysing millions of data points and using machine learning for augmented products and packs, while providing Dassault Systèmes with comprehensive insights into the food industry. This will reduce time-to-market, optimize formulation, reduce industrial trials, accelerate product development, and increase product performance.
With PLM, one collaborative environment will connect people, processes and data, providing everyone involved with access to the right information, at the right time. This will facilitate transversal collaboration and decision-making - from a product’s ideation to its release on the market – and simplifies business activities.
“Food transition towards a more sustainable model needs disruptive players and actions in the decade to come. Through this unique and long-term partnership, we want to pioneer new solutions and accelerate our transformation. The joint capabilities of our two groups, sharing the same vision, will empower our teams to shift towards ‘augmented R&D’ through AI, and to reshape our manufacturing and product management processes for the future of food,” said Cécile Béliot, CEO of Bel Group.
“Cécile Béliot and I share the same vision: the future of health depends on the future of nutrition,” said Bernard Charlès, Executive Chairman, Dassault Systèmes. “Our partnership with Bel Group will be a game-changer in the critical food industry. Together, we can further its mission to offer healthier, inventive food choices that are produced more sustainably. Thanks to modeling, simulation, data science and generative AI, we can imagine and create novel connections and significant economic levers between health, prevention, and affordable and sustainable nutrition.”
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