Manufacturing Under Lockdown: Opportunities for Enterprise-Startup Collaboration
Blog: NASSCOM Official Blog
NASSCOM CoE, an initiative by Meity and state Governments of Gujarat, Karnataka and Gurugram, is the biggest nationwide platform for innovation sandbox to solve real complex business problems, collaboration across the best minds from industry, academia, start-ups, and Government, and to develop the right platform for future technologies. FUSION4.0 was introduced as an initiative dedicated for Industry engagements and developing collective capabilities.
Manufacturing under Lockdown: Enterprise Start-up Collaboration webinar took place on 11th May 2020. Here are the highlights.
Keynote sessions summary
Automobile Sector – Collaboration with Startups: Post COVID, Shared Mobility will take a backseat in the Interim, Digital Dealership on the Rise and Acquire or co-create capabilities in the space of digital tools, mobility platforms, and advanced safety systems. Need for Collaboration for corporates so as to get more innovative suppliers, more customer focus, opening new revenue streams-business lines in the entrepreneurial agile culture and ultimately staying on top of market developments. A dedicated innovation unit that operates within the corporate with a parent-child matrix within the organization, could be one of the strategy. Corporate can explore the various possible working models with startups like – Vendor oriented, collaborative, Acquiring, Partnership and equity investment. – by Bijoy Chatterjee: Head – Ops, ŠKODA AUTO DigiLab India.
Digital Opportunities in Complex Scenarios (Cement Manufacturing): Improvement opportunities and usecases in complicated sectors like Cement manufacturing – power consumption optimization, machine health prediction, loading automation, solar cleaning automation, skin temperature integration, dust monitoring, etc are the possible areas of digital innovation. While working with startups on collaborative solutions, there are challenges from startups as well as Industry sides and need to develop models to execute the collaborative models with ease and low risk manner. JKLCL aspires to develop its one of the Grinding Facilities as India’s first Industry 4.0 Cement Grinding Facility and Invites Start-ups associated with NASSCOM to take this project forward.- by Naveen Kumar Sharma, Sr. Vice President (Works), JK Lakshmi Cement Limited & Whole Time Director, Udaipur Cement Works Limited
Success mantras – Enterprise Startup Collaboration
With 700+ installations in 7 years, Mr. Harit advised Startups to focus on solving problems like – Unplanned downtime, Energy costs, productivity losses and maintenance costs. A product journey in any complicated business use case, from data to actionable insights, with an ultimate aim of creating the impact on the business and have to create a reusable engagement framework over the years, to be replicated easily. Correct value proposition and measurable impact is the key to engage with Industries. Water Tight Scope and well defined Success criteria, one of the golden rules for extracting Enterprise – Startup engagement value.- by Harit Soni – Founder and Director of Ecolibrium, an Industrial IOT company.
Integrated ecosystem for disruption to occur across Industries: Need of a strong integrated ecosystem for disruption to occur. An unparalleled ecosystem having Industries, Startups, Research organizations and Government as key stakeholders. In the current scenario of limited resources and the required high speed of implementing innovative solutions, collaborative models are going to be the new trend in Industries. The enterprises need to adopt such ready-made platforms to speed-up their transformation journey and can execute the POCs in a faster and low risk manner. Integration and collaboration among the wide variety of stakeholders, across various domains and technology platforms, is only possible with active participation from both solution providers and solution seekers of all sizes – by Ankit Jain, Industry Engagement Lead, NASSCOM Center of Excellence – Gandhinagar
| Click here to watch the recording of the session. | |
| If you are looking for further engagements with us, either as a solution seekers or a solution provider, please join our Industry co-create programs by expressing your interest through this link. | |
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