HOT AND Al CAN ENABLE COMPANIES TO IMPROVE UTILIZATION AND ACHIEVE PRODUCTIVITY

摘要

How do you see the Industrial Automation market in India with the rise of loT and Al? Though the Industrial Automation market in India is behind that of other nations such as Japan, Taiwan, Germany, US etc., it is going to catch up slowly but surely. The abundant and inexpensive workforce was hampering the adoption of industrial automation in the Indian context which in turn was slowing down the adoption of burgeoning technologies. With the recent adoption of nascent technologies such as loT, Al, machine vision, etc. by developed countries, India has to follow suit and adopt them in order to keep pace and remain competitive. So we will surely see a rapid adoption of Al and loT technologies by the Industrial Automation market in India as well. No longer are global manufacturers developing different products for different markets -based on affordability and price-point. Consumer is also demanding same functionalities and features from their products as in the international market. For instance, products customized to individual preference in automotive, electronic gadgets, etc. are of reality these days. To satisfy customer preferences, Indian companies also have to adopt latest technologies such as 3D printing, loT, and Al based solutions.