Mr. Ravi Damodaran, President, Strategy & Technology, Varroc, talks to Motorindia magazine about how Varroc is using IT to make its processes lean & agile. Through a partnership with Altizon, and a group wide IoT implentation, Varroc aims to be agile, efficient, with a competitive edge.
Tarang Jain, CEO, Varroc talks to The Machinist about the various pioneering initiatives undertaken by Varroc to make it an emerging manufacturing giant. A critical one among these was implementation of IoT for Industry 4.0 through a partnership with Altizon Systems. He talks about how this will enable them to rapidly scale multiple Industrial IoT applications across plants and be ready for a more competitive environment in the near future in terms of speed and efficiency.
Internet of Things (IoT) is a renaissance that has transformed the world inside-out. Technology companies are in race to adopt this as soon as possible to stay in the game.There are many promising startups in India which is based on Internet of Things. Altizon, an Industrial Internet of Things innovator is among the top five.
According to Gartner, the incremental revenue generated by global IoT (Internet of Things) suppliers is estimated to reach $309 billion per year by 2020. It requires significant tech innovation and startups are exactly suited for it. Read how change in technological, regulatory changes are turning the tide for IoT in India for startups like Altizon.
IoT has a great impact on the economy by making many businesses digitized. The connections allow us to control and exchange data so we can control them remotely. Here are some IoT startups paving their way in India. Altizon’s, flagship industrial IoT offering Datonis® services over 106 enterprise accounts. Datonis® is also connected to “things” over 31 countries. It has also running continuously since October 2013 with 0 downtime.
Altizon Systems, today announced collaboration with Varroc to implement Industry 4.0 solutions across all its plants. Varroc , a global leader in automotive component manufacturing will be leveraging Altizon’s Datonis® platform for a group wide rollout of multiple Industrial IOT applications.
Pune has come of age for entrepreneurs. With an efficient startup ecosystem evolving, Pune is rising in health tech, SAAS, automobile, manufacturing etc., although it lags behind the metros in terms of food tech and e-commerce.Altizon is one of the startups that are set to be the next disruptors from Pune.
Altizon features in Tech in Asia as a forerunner in IIoT Ecosystem, at Microsoft Ventures India – Summer 2016 Cohort. The global market for IoT for industrial equipment might be worth US$746 billion by 2018. That’s a lot of potential, but it’s a tough sector to tap into. Industrial equipment is usually part of an intricate supply chain, and adding technology to it might be one of those all-or-nothing plays.