AI and IoT Driving Industrial Automation
The article features insights from a 40-year industry veteran on industrial automation adoption, AI and IoT opportunities, integration strategies, startup innovation, government policy impact, and critical investor questions.
Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?
I have a total of 40 years of experience. I have worked with manufacturing, EPC, OEM, and automation industries. The technical domains of the automobile, material handling, non-conventional energy, Oil & Gas, fertilizers, pulp & paper, metals & mining, captive power plants, cement, pharma, petrochemicals, etc. This is in the capacity of design engineering, presales, project & operations management, presales & site execution. Out of 40 years, the last 15 years are in leadership roles.
Q2. What sectors (e.g., manufacturing, automotive, pharmaceuticals) are most aggressively adopting industrial automation, and what drives their adoption?
The sectors adopting industrial automation aggressively are:
- Automobile
- Oil & Gas
- Pharma
- Refining & Petrochemical sector
Q3. What are the untapped opportunities in AI and IoT for industrial automation, particularly in predictive maintenance and real-time operations management?
To the best of my knowledge, AI and IoT are spreading their wings in almost all sectors. However, adoption may be a little lower in sectors like Food and beverage and pharmaceuticals, mainly due to validation requirements.
Q4. What strategies are companies employing to integrate new automation technologies,…
Create an account to continue reading
Create AccountAlready have an account? Sign in
Need an expert in this space?
Talk to an Industry Expert
Knowledge Ridge connects decision-makers with carefully vetted subject matter experts for one-on-one calls, research sprints, and advisory engagements — across 11 sectors and 163 sub-industries globally.
Comments
No comments yet. Be the first to comment!