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Showing posts with the label October 15

How manufacturing can harness digital innovation and reap the benefits of growth

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Original article promoted on CNBC on April 27, 2018. The era of digital transformation is impacting every industry — and manufacturing is seeing cutting edge innovation delivering some impressive results. Employing the Internet of Things technology to improve connectivity, productivity and efficiency are vital to any business competing in this digital economy. And while companies born in the digital age are thriving, many legacy companies are finding it hard to keep up. For traditional businesses to thrive, they need to be flexible, agile and open to digital opportunity. Why embrace digitization? How essential is digitization for the growth of the manufacturing industry? In a recent report , IDC predicted that by 2020, 60 percent of top manufacturers will depend on digital platforms to support as much as 30 percent of their overall revenue. Furthermore, the research firm predicts that by 2021, 20 percent of these companies will rely on embedded intelligence, using the Internet of...

IoT Hotel Solutions Help Le Méridien Goa, Calangute Achieve a Trifecta

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Building a five-star hotel within budget, on a tight timeline, and with aggressive sustainability targets is a daunting assignment for any organization. Achieving all three goals was especially challenging for Le Méridien Goa, Calangute* due to their diverse clientele. Catering to both business travelers and tourists who have high expectations and require a breadth of amenities, the hotel needed to ensure every guest experience is flawless. In order to contain costs, meet deadlines, and achieve sustainability goals Harsha Devraj, Hospitality Head at Models Leisure Venture, recognized the solution was to select a single-source provider of hotel infrastructure technology. After reviewing the best options for the hotel’s needs, the business chose Schneider Electric’s EcoStruxure for Hotels . Schneider’s IoT hotel solutions were a perfect fit for Le Méridien for four key reasons: 1. Centralized Monitoring and Control: Schneider’s open, IoT-enabled solutions gave the hotel the ability to ...