ISG TechXchange: Smart Manufacturing event
to feature expert insights on the tech-enabled value chain
Combining product, process and consumer into one integrated,
digital thread can deliver the customized manufacturing at scale
that to date has eluded the manufacturing sector, say experts with
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm.
Customer expectations for personalized products and
friction-free delivery, these experts say, are driving
manufacturers to leverage smart manufacturing, including AI and
analytics, to rapidly assemble and deliver products.
This “consumer-backwards” view will be among the key topics that
will be reviewed in depth at the ISG TechXchange: Smart
Manufacturing event, May 22–23, in Chicago.
“The technology profile of smart manufacturing programs will
continue to evolve from today’s focus on IoT and predictive
maintenance, to investments in artificial intelligence and machine
learning, which are expected to have the greatest ROI benefits over
the next two years,” said Gaurav Gupta, partner and global head of
the ISG Digital Engineering advisory practice. “This is the true
turning point where enterprises can join their product, their
manufacturing process and their consumer into one integrated
thread.”
Gupta and other ISG experts will join with industry leaders from
Stanley Black & Decker, Tate & Lyle, Baldwin Richardson
Foods, Sonoco Products Company and the Women in Manufacturing
Association at the event to explore topics including real-time
inventory, technology, sustainability and cybersecurity measures
needed to deliver on the promise of smart manufacturing.
The latest ISG Smart Manufacturing Survey finds the top
enterprise motivation to undertake smart manufacturing is the
promise of improving productivity in the plant, processes and
people. The study also finds the number of employees involved in
smart manufacturing has grown significantly, with the proportion of
programs that encompass 100 or more people rising from 40 percent
in 2022 to 75 percent in 2023.
Gupta will open the ISG event with an overview of ISG’s latest
insights into smart manufacturing trends and an analysis of the
smart manufacturing study results.
Day one of the event also will include an industry spotlight
interview with Allison Grealis, founder and president of the Women
in Manufacturing® Association, exploring the topic of women as an
untapped source of labor for manufacturing.
A panel discussion, “Connecting Products and Operations,” will
feature Paolo Vallotti, CISO and vice president of IT Operations
with Tate & Lyle, a U.K.-based global supplier of food and
beverage ingredients, and Kris Krishnamoorthy, vice president,
Manufacturing Consulting, with service provider LTIMindtree.
The day will conclude with the ISG Startup Challenge, featuring
three entrepreneurs who will pitch their technology solutions to a
panel of judges, with the audience voting on the winner.
Day two of the ISG event will feature a panel discussion, “Fast
Forward on ESG via Accelerated Sustainable Manufacturing Adoption,”
with Jay Douglass, COO of the Advanced Robotics for Manufacturing
Institute at Carnegie Mellon University; Mike Ungar, co-founder of
the Industry 4.0 Club, and Kristin Mulherin, managing director and
president of AM-Cubed, a consultancy focused on 3D printing and
additive manufacturing.
Nearly a quarter of respondents to the ISG Smart Manufacturing
Survey said sustainability and waste reduction were a motivation
for adopting smart manufacturing.
“Smart manufacturing initiatives are focused on working smarter
and making more products with the materials and processes already
in use,” said John Lytle, director, ISG Industrial Manufacturing
and chair of the ISG event. “The people on the manufacturing floor
and the managers implementing the structure and organizational
change management programs to guide this change will be key to its
success.”
Also on day two, a panel discussion, “Stitching Together a Smart
and Connected Value Chain,” will explore how connected technologies
and ecosystems improve customer experiences and ROI. The panel will
feature Amir Kashani, director of AI and Digital Products with
Stanley Black & Decker; Larry Megan, head of digital at food
ingredients manufacturer Baldwin Richardson Foods; Santosh Menon,
director, Enterprise Development & Analytics, at global
packaging solutions firm Sonoco Products Company, and from global
technology services provider Cyient, Prabhakar Shetty, senior vice
president and chief digital officer, and Neelakandan Sharma, global
consulting head of manufacturing.
The ISG TechXchange: Smart Manufacturing event is sponsored by
NTT DATA, Cyient, LTIMindtree, TATA Consultancy Services,
Engineering Industries eXcellence and IBM. CIOInsights, CIOReview
and the Technology Business Management (TBM) Council are media
sponsors.
Additional information and registration are available on the
event website.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,600
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230501005389/en/
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG +1 978-518-4520
isg@matternow.com
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