The evolution of Industrial Internet of Things (IIoT) has enabled the concept of smart manufacturing. Dynamic customer requirements, intricate manufacturing processes, and the sudden upsurge of distributed assets have resulted in this manufacturing transformation. As manufacturing processes evolve, customers are also on the lookout for additional functionality in the form of manufacturing intelligent tools to address key manufacturing requirements and improve the overall efficiency of their operations. Additionally, interoperability with business and legacy systems of the enterprise to maximize visibility of their manufacturing operations is of utmost importance. At a global level, solution providers and end users are looking to adapt IIoT based technologies to stay ahead in this competitive world. Owing to the conservative nature of the manufacturing industry, solution providers need to put forth a legitimate business case to the enterprise wherein they see a sizable return on their investment in order to gain acceptance on a global scale and adoption across a diverse set of end-user segments.
The Indian Government through its Made in India initiative has created ripples across the international manufacturing sector. This initiative is poised to bring in large-scale foreign direct investment in the manufacturing sector. In this white paper, developed for SPS Automation India, Frost & Sullivan has evaluated the key IIoT-based technologies, which have been successfully embraced in global manufacturing industries. Furthermore, the white paper distils down the impact of these technologies and analyses the impact in the India manufacturing sectors. Deep diving further the write-up brings out the level of adaption of technologies across industries vertical, challenges faced to enable Industry 4.0 vision for India. In this context, the future IIoT-based manufacturing model for India is analysed.
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