Bangalore, India, March 7, 2017 -- Tech Mahindra, a provider in digital transformation, consulting and business re-engineering has set up a lab which works on technologies that are expected to power the future factory floors. Known as the "Factory of the Future" lab, the new centre showcases assets and solutions in the areas of Digital Manufacturing, Connected Machines, Additive Manufacturing, Robotics & Automation, Artificial Intelligence & Analytics, and Augmented Reality & Virtual Reality.
The lab will demonstrate solutions and products built in association with many software and hardware vendors.
"Industries world-over are going through a massive transformation, a transformation that is driven by the advances in newer technologies, especially things like IoT and Robotics. As a trusted Digital Transformation partner for client organizations, we have taken lead in these areas and have invested in building capabilities to harness the opportunities," said L Ravichandran, President and Chief Operating Officer at Tech Mahindra.
"We believe that we have the unique skills and technology depth to help our clients to be ready for Industry 4.0 with minimal disruption," said Aloke Palsikar, Senior VP and Global Head of Manufacturing at Tech Mahindra. "The infrastructure and the assets in the lab are already being monetized to create customer-centric solutions and we already have some references while some of the customer use cases are being tested."
"Advances in robotics are more than just capabilities and cost," according to research and advisory firm IDC. "They are becoming more collaborative with an ability to be programmed on the fly and work with humans rather than sitting behind a fence doing a single task programmed for it," IDC said in a report on Industry 4.0 commissioned by Tech Mahindra.
The research firm estimates that by 2020, nearly two-thirds of all work in factories will be completed by one of these "cobots" or collaborative robots while robotics will have five times the capability at one-fifth the cost of what was available in 2015.
Posted by Veronica Silva Cusi, news correspondent
Source: Tech Mahindra
Date Posted: Thursday, March 9, 2017
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