Improve energy efficiency

Energy is often one of the largest variable costs that companies can actively reduce. For the manufacturers to remain competitive in the fourth industrial revolution, reducing production costs is the key. One way to achieve this is by creating a solid strategy when it comes to energy management in industry 4.0.

Published for CII's 'Smart Factory for Chemicals & Petrochemicals Industry' seminar (Dec 2023) with McKinsey as knowledge partner, this report outlines how digital and analytics (DnA) transformation can unlock competitive advantage for Indian chemical companies — particularly MSMEs — at a time when the sector is projected to grow 11–12% annually through 2027 and triple its global market share by 2040.

The goal of the expansion was process optimization, manpower reduction (doing more through automation) and faster time to market. The dairy also focused on maintaining low operating margins.

An article by Irina Ghose, Executive Director of Microsoft Cloud Solutions India, arguing that COVID-19 has permanently accelerated digital transformation across factory operations, supply chains, product innovation and customer engagement. It highlights how IoT, cloud (Azure), AI and mixed reality enable intelligent and agile factories, with examples from Zeiss Group, Eureka Forbes and Larsen & Toubro.

The customer faced the challenge of delivering automotive closure assembly line in a very short time span with their existing limited setup

A whitepaper from Hexagon Manufacturing Intelligence / MSC Software explaining how virtual simulation across the full product development and manufacturing chain — design and engineering, production, and metrology — can deliver substantial cost savings and quality improvements. A Formula Student wheel-carrier case study at Paderborn University demonstrates ~50% weight reduction with the MSC virtual development chain.