Industry News

Digitalization in the Machine Tool Industry: Advantages and Challenges

Samurai Awards 2021

The last two years have been devastating for global health and economy.

India’s manufacturing industry, already reeling from a trade war and market uncertainties, was hit hard when it was down. Industrial activity suffered for most of these months, and it is the demand for essential items and a hope for a sharp recovery that kept the industry going.

The one technology that provided that biggest support to the industry in these times has been digitalization. Whether it for employee collaboration, ‘lights-out’ machining, remote management or predictive maintenance, digitalization of processes has proved to be a savior and a major change agent.

On Thursday, 16 December, DMI will host a webinar as part of Industry Samurai Awards and Conference, where industry thought leaders will discuss the advantages of digitalization and strategies for a digital future.

MAIN TALKING POINTS

  1. What are the top challenges pertaining to business continuity your company faced during the pandemic?
  2. Have you adopted or increased the usage of digitalization to combat these challenges? Could you give us some examples from product innovation and manufacturing processes to illustrate how you’ve used digitalization to combat these challenges and aim for growth?
  3. What are the typical hurdles that organizations face with digitalization programs (issues like data security, lack of digital knowhow, or financial/time constraints) and how can organizations address these challenges?
  4. What impact this leap in digitalization of the past two years have had on customer preferences? For example, do you see an increased demand for digital features, product customization, specialized after-sales support, or improved supply-chain metrics like a faster time-to-market?

Industry Samurai Conference & Awards 2021

    When: 10-17 December 2021. Where: Virtual

TRACK 7 – PANEL DISCUSSION

Topic: Digitalization in the Machine Tool Industry: Advantages and Challenges

Date: Thursday, 16 December 2021

Time: 11am – 01:00pm

Registration Link – https://isac2021.exposim.io/

DMI e magazine – https://www.machineinsider.com/dynamic-manufacturing-india-september-october-2021/

Awards Detail – www.industrysamurai.com