The journey to this Industry X.0 Nirvana for Indian companies needs to start with leveraging
digital to transform their core operations to drive improvements in throughput and
productivity. This will help them see clear returns on their investments and help them fund
sustained investments in new digitally enabled products and business models that create new
revenue streams.
A leading Indian steel manufacturer is doing exactly this, by focusing on leveraging analytics
to unlock trapped value in its core manufacturing operations
A leading Indian iron and steel manufacturer launched an advanced analytics program
to transform into an "insights-driven enterprise," by deriving value from data and
inculcating a cultural change in the way people make decisions using data.
The program focused on realizing value from identified manufacturing operations and
maintenance use cases over three waves.
• Wave 1 focused on creating a strong data/technology/ organization capability
foundation and driving a few analytics projects end-to-end, till benefits were visible.
• Wave 2 focused on validating the template and enlarging the footprint of operating
issues addressed through advanced analytics.
• Wave 3 focused on creating internal ownership for the analytics template and
governance process.
Besides delivering tangible business benefits in core manufacturing operations, the
program brought down the average time to complete an end-to-end analytics project
from four months in Wave 1 to two months in Wave 3. It also helped in rapidly scaling up
analytics-capable team members from single digits to close to 250 in 18 months.
ANALYTICS-POWERED
MANUFACTURING OPERATIONS