Moving towards Model Based Enterprise Today, even as organizations strive to improve operational efficiency by lowering cost and improving time-to-market, customers have become more demanding in terms of precision, quality, and agility. In this backdrop, businesses across verticals have gone back to the quintessential drawing board for answers. The principal challenge is encapsulated in the
This year’s edition of QuEST Ingenium created a plethora of opportunities for budding engineers across the nation National-level, annual innovation contest for engineering students Received over 8,000 registrations from 905 colleges across the country Team RVCE from RV College of Engineering, Bangalore and Team SCET from Sahrdaya College of Engineering and Technology, Thrissur declared second
Well, the running joke in analytics is that if you torture data long enough, it will confess to anything – and the data generated by the Oil and Gas industry is so vast, almost anything is possible. For an industry that has decisively headed towards eking out every last ounce of production from their existing
“Manufacturing defects are a huge issue for the industry. In some cases, 50% of production can end up as scrap because of defects, while in some complex manufacturing lines the rate of scrap can be as high as 90%,” explains Odd Myklebust, the IFACOM coordinator at the Norwegian University of Science and Technology in Trondheim.1
It’s over, folks. Samsung Galaxy Note 7, the marquee product designed to beat rival Apple’s iPhone 7 has been axed entirely by the company. The worst-ever product recall in the industry, the Galaxy Note 7 fiasco has depleted over USD 26 billion from the valuation of world’s leading smartphone maker. The global recall has put
According to a survey conducted by KPMG, 41 percent of the 76 Aerospace and Defense (A&D) senior executives say growth is of extremely high priority. However, they also indicate that cost and performance management is a big concern. According to Doug Gates, KPMG International Global Chair, Industrial Manufacturing and Global Lead, A&D, “A&D organizations will