Overview:

84% of all AI led Digital Transformation initiatives fail. {*Source}.

84% of all AI led Digital Transformation initiatives fail.** Out of the remaining 16%, only 5-6% initiatives manage to scale up and provide the desired ROI. Industry 4.0 technologies have made factories ‘smarter’ than ever before. But how do you ensure you have an efficient ROI engine, faster payback and gain exponential improvements in Operating efficiencies (OLE, OEE), productivity, yield, throughput whilst reducing your Operational Costs? The problems might go beyond Technological considerations. Perhaps your change management exercises are falling flat. For your AI project to have a positive ROI, you need to not only adopt an AI-First approach i.e. your data from disparate systems needs to be aggregated, normalized, structured and contextualized but also carve out an accurate Change Management strategy.

The global manufacturing landscape is undergoing a profound transformation, driven by the convergence of emerging technologies like artificial intelligence (AI), generative AI (GenAI), factory automation, and other Industry 4.0 innovations. Today leading manufacturers are struggling to frame accurate strategies to leverage the power of such transformative technologies to unlock ROI faster. This executive roundtable supported by TCS will feature discussions with industry experts and learning opportunities from peers on how you can replicate Factory of the Future success stories, supercharge Manufacturing transformation and accelerate ROI realization.

Why Attend?

• Stay ahead of the curve: Gain a competitive advantage by understanding the latest trends in manufacturing.
• Network with peers: Connect with like-minded executives and explore potential partnerships.
• Learn from experts: Benefit from insights from industry leaders and thought leaders.
• Identify practical solutions: Discover actionable strategies to implement latest technologies including GenAI/AI, Digital Twin, Automation and Robotics and OT Cybersecurity

Agenda :

• 5:00 PM: Welcome and Networking
• 5:45 PM: Keynote Address: “Vision for Lights-out Manufacturing: Plants that can think, feel & act” by
  • • Michael DuVall, Partner, Bain & Company &
    • Pratik Agarwal, Partner – AI and Digital, Bain & Company & Lecturer University of Chicago – Applied Data science.
• 6:15 PM: Roundtable Discussion: “AI First approach – Key to building the Factory of the Future”.
• 7:00 PM: Q&A Session
• 7:15 PM: Dinner and Networking

Speakers:

• Michael DuVall, Partner, Bain and Company.
• Pratik Agarwal, Partner – AI and Digital, Bain and Company & Lecturer University of Chicago – Applied Data science.
• Raja Shanmugam, Global Head – Strategy & Market Development Internet of Thing (IoT) & Digital Engineering, TCS.

References {*Source} :

https://www.forbes.com/sites/brucerogers/2016/01/07/why-84-of-companies-fail-at-digital-transformation/