Chennai: Industry 4.0 is fuelling the emergence of smart factories globally, across diverse verticals such as FMCG, automotive, healthcare, aerospace and defence.
Adoption of connected and intelligent digital technologies is transforming traditional manufacturing shopfloors into smart factories, enhancing productivity, profitability, compliance and customer delight.
According to Mordor Intelligence, the digital manufacturing market is growing at 19.48 per cent CAGR and will reach $767.82 billion by 2026, with fastest growth in APAC. In India, Covid 19 has significantly catalysed shopfloor digitalisation.
According to a recent Gateway House study conducted in partnership with EXIM Bank, digital transformation in manufacturing is the next leap for India’s tech leadership, and several govt campaigns such as Make in India, Digital India and Atmanirbhar Bharat are all aimed to make it a success.
Widespread adoption of AI, IoT, Analytics, Robotics, AR, VR, Cyber Security, 3D Printing and Additive Manufacturing is creating a huge demand for technology savvy professionals who can lead digital transformation in the manufacturing sector. A Gartner survey shows that 57 per cent of manufacturing leaders feel their organisations lack skilled workers needed to support digitalisation plans.
Meanwhile, ae PG Level Advanced Certification Programme in Digital Manufacturing and Smart Factories, announced by the Indian Institute of Science and TalentSprint, a leading EdTech company from the NSE Group, aims to build professional digital expertise for the manufacturing sector.
According to a statement, the five-month programme, coordinated by the Centre for Product Design and Manufacturing (CPDM) at IISc, is ideal for current and aspiring smart factory strategy and management professionals as well as those in IoT, automotive, aerospace, FMCG, pharma, energy, metallurgy industries which are high potential smart factory adopters.