Sri Lanka’s manufacturing future in a digital era
View(s):Microsoft recently revealed how rapid advances in emerging technologies have created new ways to turn data into iterative insights at a C-level conference in Colombo titled “Manufacturing in the Digital Era”. The event, which took place at Cinnamon Grand Colombo, revealed how data and the advent of connected devices and platforms are driving the persistent digitisation of manufacturing.
“The pace of digital transformation is accelerating, and we expect by 2021, at least 60 per cent of Asia Pacific’s GDP will be derived from digital products or services. This will have a positive and measurable impact on Sri Lanka’s manufacturing sector,” said Hasitha Abeywardene, Country Manager for Microsoft Sri Lanka and Maldives. From quantitative to qualitative data, the concept of ‘data’ plays a critical role in today’s current trend of automation. And no one knows this better than manufacturers. Not only do they use data to make thoughtful business decisions, but they also use it to streamline their processes, according to a Microsoft media release on the event.
Dean Shaw, Industry Solutions Director for the Asia Pacific Region, spoke on manufacturing in the digital era or how manufacturers were leveraging cloud computing, augmented reality, artificial intelligence and Internet of Things ( IoT). According to Mr. Shaw, integrating such technologies has helped manufacturers like Rolls-Royce and Deschutes Brewery identify new revenue streams and extract deep insights from data to optimize business outcomes and best practices.
With emerging technologies starting to enter the manufacturing mainstream, organisations must establish new metrics and realign organisation structures to utilise the sheer volume and velocity of data. Last year, Hirdaramani Group deployed an internal QMS system built by Microsoft partner H One, to digitise data collection and improve the end-to-end quality of apparel using Microsoft Azure and Power BI.
Microsoft partners at the event then showcased their own industry solutions to help manufacturing organisations in their transformation journeys. A representative from nCinga presented an industrial IoT based solution developed on Microsoft Azure called nFactory to assist decisions makers with actionable insights by capturing events in real time and contextually streaming it via Power BI.
Similarly, JustAnalytics showcased its ability to integrate unstructured and structured data for agile data discovery using customisable Power BI dashboards, while Microimage showcased how HCM Cloud is helping manufacturing organisations manage their largest asset-people, the release added.
The event concluded with a panel discussion featuring CIO of Hirdaramani, Samath Fernando and Ceylon Biscuits Ltd Head of IT Chandrima Rodrigo, initiating a conversation over the benefits-predictive-analytics, machine learning, and a view related content feature-Microsoft Azure and Power BI have across multiple manufacturing segments and how manufacturing leaders can prepare themselves given the importance of data in the digital era.