LTTS rolls out Industry4.NOW to help global manufacturers scale their digital initiatives

L&T Technology Services (LTTS) launched its latest framework for Industry 4.0 that seeks to address the problem of scalability challenges, diminishing roles of humans and uncertain return on investments faced by manufacturing industry participants around the globe.

The digital framework termed as Industry 4.NOW addresses these challenges by adopting a solution-based, human-centric scalable approach to smart factories.

In the post-modern age of Industry 4.0, many manufacturers are overhauling traditional factory setups by infusing technologies based on Industrial Internet of Things (IIoT). At the same time, they often limit digital manufacturing strategies to a few factory lines or PoCs, unable to scale with certainty.

According to LTTS’ research into Industry 4.0 in 2019, whilst 54% of those interviewed identified use cases for digital manufacturing, just 9% are actually scaling digital at an enterprise level.

Interactions with industry participants thus reveal the lack of a coherent digital strategy in many cases, as enterprises become entangled in a next-to-impossible roadmap. Uncertainty is stalling innovation.

The major challenge as LTTS sees it, is to design an approach that is more human-centric and RoI-driven – and one that makes it possible to scale digital in a factory setup.

Industry 4.NOW the latest framework from the LTTS stable does exactly that by putting the focus on Digital Manufacturing Solutions integrating Product Lifecycle Management, Manufacturing Operations, Manufacturing Engineering, Asset Management and Product Information Management thereby creating a value-based digital transformation roadmap.

LTTS will be demonstrating these solutions at its Booth in the ARC Orlando Forum at Renaissance Sea World.