The global manufacturing sector has undergone a tumultuous decade: large developing economies leaped into the first tier of manufacturing nations. Manufacturing sector has changed—bringing both opportunities and challenges—and neither business leaders nor policy makers can rely on old responses in the new manufacturing environment.
Manufacturing’s role is changing. The sector is evolving in ways that make the traditional view—that manufacturing and services are completely separate and fundamentally different sectors—outdated. Service inputs (everything from logistics to advertising) make up an increasing amount of manufacturing activity.
Manufacturing is not monolithic. No two manufacturing industries are exactly alike; some are more labor- or more knowledge-intensive. Some rely heavily on transportation, while for others, proximity to customers is the critical issue.
Manufacturing is entering a dynamic new phase. In years to come, a new global consuming class will have emerged, and the majority of consumption will take place in developing economies. This will create rich new market opportunities. These opportunities will lead to interesting times ahead.
Manufacturers need new approaches and capabilities. Companies must develop a highly detailed understanding of specific emerging markets, as well as the needs of
their existing customers. They will also require agile approaches to the development of strategy—using scenario planning rather than point forecasts, for example. And they will have to make big bets on long-range opportunities, such as tapping new markets in developing economies or switching to new materials, but must do so in ways that minimize risk. A critical challenge for manufacturers will be to approach footprint decisions in a more nuanced way. The result could very well be a new kind of global manufacturing company—a networked enterprise that uses “big data” and analytics to respond quickly and decisively to changing conditions and can also pursue long-term opportunities.
Made In India
Indian economy has made significant progress over the last few years. The country is the world’s third largest economy in terms of the purchasing power parity (PPP) and has investments amounting to nearly a trillion dollars lined up in partnership with the private sector in the coming years. Manufacturing, as an industry segment, is a crucial cog in the wheel of progress and has largely insulated the Indian economy from a future global turmoil; thanks to its innovation-driven orientation. The Government has also ensured a suitable manufacturing eco-system for domestic and international majors by strengthening the sector in every possible way. India’s manufacturing sector is poised for immense growth in future owing to its eminent talent pool in science, technology and research.
A must attend webinar for CIOs, Head-IT and other Business - Technology Decision makers from emerging manufacturing organizations.
|1500||Just Right IT for Emerging Businesses|
|Apalak Ghosh, Principal Consultant, Emerging Technologies, Research, CMR|
|1515||HP ConvergedSystem for SAP HANA|
|Sunder Shyam, India Presales, HP|
|1600||Closing remarks followed by feedback|
India Presales, HP
Sunder is a Infrastructure architect (HP Servers), having total 13 years of rich experience in IT industry in various phases like on-site support, remote support, Implementation of high-end HP UNIX servers and high-end storages in large projects of India. Working with HP since last 5 years in Presales.
Principal Consultant, Emerging Technologies Research, InfoTech Practice, CMR
Apalak is a lead analyst with CMR’s software and IT services research practice, based out of Gurgaon (near New Delhi). In this role, Apalak is responsible for overseeing development of reports, carrying out in-depth market assessments and forecasts on new and emerging technologies like Cloud Computing, Virtualization, Green IT, DataCenter adoption amongst others. Apalak has led new research initiatives to study adoption of Cloud Computing and Virtualization amongst Indian enterprises. He is frequently quoted in the media on the subject of Cloud Computing and DataCenters on popular TV channels such as NDTV and in leading business publications such as The Economic Times and The Hindu Businessline. He also writes a blog on the theme of Green IT/Virtualization/Cloud Computing. In this capacity he carries forward his rich experience as Manager, Software and Services Research and Consulting Practice, IDC India. Prior to his current role, Apalak has worked with TNS India as a research analyst for two years, before which he was with TransAsia Solution Seekers, Indonesia as a consultant for a year. His experience spans across key research areas such as brand tracking, product / concept testing, quantitative and qualitative research, and consulting. He has a rich exposure to research techniques such as face-to-face and telephonic interviews, profiling and discussions with stakeholders across diverse industry verticals such as IT and Telecom, Consumer Packaged Goods and Automotive. Apalak completed his Master’s program in Business Administration from the ICFAIBusinessSchool, Bangalore, specialising in Marketing. Apalak also holds a Bachelor’s degree in Computer Engineering from the Birla Institute of Technology (BIT), Ranchi capital of the eastern Indian state of Jharkhand.