Speakers

Ramshankar Coimbatore Somasundaram

Chief Executive Officer, Maxbyte Technologies

Ram leads Maxbyte Technologies with his position as CEO and as a company, Maxbyte Provides End to End IIoT Solutions for customers. Maxbyte helps customers to transform their products, process & business models through digital, improve their Product Development & lifecycle Value Chain for innovation, standardization, time to market, operational efficiency & competitive differentiation.
 Ram specializes in the area of Digital Transformation, IoT, Product Lifecycle Management, Engineering Project Management, Knowledge Based Engineering, Design Standardization & Automation, CAD-CAE Integration, Interactive Electronic Technical Manuals (IETM), 3D Model Based Definition
 He has over 11 years of experience across Project Management, Business Analysis, Continuous Improvements, Build-to-Print NPI, ERP, PLM/CAD Evaluations & Implementations, Market Research, Vendor Management, Trainings, ISO-QMS Internal Auditing and Industry Institute Partnership.

Tell Us Something Interesting:

Right now, 15% of manufacturers are invested in IIoT Technology. In the next five years, it is expected to grow to 65%. Our intelligent analytics solutions have delivered up to 32% manufacturing efficiency improvement. We are excited to help enterprises embark their Digital Transformation Journey.

Session Track: Industry 4.0 (Digital Manufacturing)

Tuesday, June 11 10:30 AM - 11:15 AM 102AB

IN254B - Digital Manufacturing Adoption Strategy for Faster ROI on IIoT Implementations

Industrial IoT / Industry 4.0 Implementations use cases are becoming prominent and have started seeing light in most of the Manufacturing Organization. The key challenge for those who have already implemented these solutions and top of the mind question for those who want to implement these solutions is, When will be the Return on Investment (ROI) on the IIoT Implementations in the roadmap to Digital Transformation?

ROI follows where the solutions are accepted and yield day to day results for the users of these solutions. Adoption strategies such as Solution-Benefit Mapping, KPI / KRA workshops and Change Management needs to be practiced ensuring organization wide usage and need for the IIoT solutions.

The session will walk you through the common pitfalls of non-adoption of IIoT solutions, adoption measures to be practiced, and Metrics & Measures of ROI of IIoT Implementations with live case studies on Digital Manufacturing

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