Toshiba Digital Solutions and Tech Mahindra have announced their strategic partnership to work in the area of smart factory.
As strategic partners, the two companies will synergize their group manufacturing heritage, domain expertise and existing customer base to expand business in the smart factory market together.
Industry 4.0 is referred as the most significant revolution of the manufacturing industry. Factories today have sensors and IoT devices embedded across process, producing data far more than ever before. However, many of the factories do not have enough capability to leverage data captured from the devices and translate it into operational optimization, productivity improvement or predictive analysis. Also, multinational manufacturers are facing problems to apply an integrated smart factory solution across all production systems at local factories.
This partnership will better tackle the issues above by offering an integrated digitalization framework implemented from design and development throughout production and operations as well as providing full scale global support to help headquarters and local factories sustain digital transformation.
Toshiba Digital Solutions developed Meister series, a suite of smart manufacturing solutions, by leveraging manufacturing expertise built up through long years of experience in manufacturing businesses ranging from semiconductors to social infrastructure. Meister series based on “Toshiba IoT Architecture SPINEX” collects, accumulates and utilizes IoT data generated on production lines efficiently to optimize manufacturing processes, improve quality and productivity and provide support throughout business lifecycles.
Considered as one of the leaders in the IoT space for its capabilities in IoT technology services, Tech Mahindra has been building capabilities in this space through a mix of organic and inorganic means. Tech Mahindra is betting big on its D.A.V.I.D strategy, which is based on five technological pillars such as digitalization, automation, verticalization, innovation and disruption. IoT is a major ingredient in the overall bouquet of offering.
Karthikeyan Natarajan, Senior VP & Global Head, Integrated Engineering Solutions at Tech Mahindra said, “Our integration capability in information technology and operational technology, and global experience in manufacturing execution system and allied systems would make us an ideal partner for companies embarking on their journey of digital transformation,” he added.
Shunsuke Okada, Vice President of Industrial Solutions Division of Toshiba Digital Solutions Corporation said, “Teaming up with Tech Mahindra will expand the availability of Toshiba’s smart factory solutions to serve customers in different regions of the world more efficiently. We look forward to leveraging our technology with Tech Mahindra’s expertise to further accelerate the market adoption of smart factory globally.”