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Siemens’ presentations at the recent ARC India Forum made the journey toward a Digital Enterprise seem both valuable and achievable. In his keynote address, Sameer Prakash, Head Digital Enterprise, Digital Factory Division, Siemens India spoke about how “digitalization changes everything.” He explained that Siemens’ Digital Enterprise provides a portfolio of solutions for the digital transformation of process and discrete industries.
A common digital thread linking ideation-realization-utilization enables continuous business transformation and compresses the innovation cycle. Siemens’ MindSphere – the cloud-based, open operating system for the IoT – supports applications that can analyze assets as they perform and support digital twins of products and production assets to provide insights to continuously optimize the value chain. Mr. Prakash showed how Siemens has integrated its solutions for product lifecycle management (PLM), manufacturing execution systems (MES) and Totally Integrated Automation (TIA) suite of engineering tools through its digital enterprise collaboration platform, “Teamcenter.” This platform that is called the Digital Enterprise Software Suite integrates product design, manufacturing process planning, digital manufacturing, factory floor operations, and production automation, using Teamcenter as a single database for all information.
Smart Innovations
Taking this forward, Srinath K. Narayan, Director, Strategy & Business Development, Siemens Industry Software India, spoke about how smart innovations are transforming every industry, from self-driving cars, to customized medical implants, pilotless planes, self-optimizing energy assets, remotely operated ships, and so on.
Innovations such as these are altering mindsets and business fundamentals. The products, business models, and legacy positions that once gave companies a competitive edge are now being questioned “Even if you knew what you needed to do, could you do it?” he asked rhetorically. Not only are today’s companies competing in a world of constant transformation; “the same forces transforming what you innovate are transforming how you innovate.” According to Mr. Narayan, “Digitalization makes the digital thread a proactive agent to drive new business opportunity;” and fully digitalized businesses deliver both product and process innovation.
Further, he spoke about Siemens’ Smart Innovation Portfolio and how it can give companies a competitive edge and support product and process innovation by creating a closed and integrated loop.This is based upon four principles that digitalization will provide: Engaged Users, Intelligent Models, Realized Products, and Adaptive Systems.
Age of Digitalization
Sheetal Paralikar, Manager (Business Development, Factory Automation), spoke about how the internet is revolutionizing the business world and creates major challenges for manufacturing companies as they have to constantly remain agile and alert. Tracing the journey of industrial revolution, Ms. Paralikar said that the 4th Industrial Revolution is the age of digitalization; and this is characterized by:
- Humans, devices and systems, which are connected along the entire value chain
- All relevant information is available in real time – across suppliers, manufacturers, and customers
- Parts of the value chain can constantly be optimized with respect to different criteria, e.g., cost, resource utilization, or customer needs
Sameer Prakash, Head Digital Enterprise, Digital Factory Division, Siemens India Lights the Lamp
From left to right: G. Ganapathiraman, Country Manager, ARC Advisory Group, India; Andy Chatha, President, ARC Advisory Group; Vikas Deshmukh, Vice President, Technology Center of Excellence, Reliance Industries Limited, Hydrocarbon Business