PodChats for FutureIoT: Realizing the promise of smart manufacturing with IoT

Manufacturing is one of the most significant contributors to Asia-Pacific’s economy and is undergoing a rapid transformation. Mordor Intelligence forecasts that the Asia Pacific Smart Manufacturing Market is expected to register a CAGR of 7.57% over the forecast period from 2021 to 2026. Industry 4.0 is the latest revolution in the manufacturing landscape fuelled by the integration of  production machines, wireless connectivity, and sensors – all linked to a system platform ecosystem that oversees the whole production line process and executes decisions autonomously. Smart manufacturing promises to transform businesses and achieve significant value by leveraging the Industrial Internet of Things (IIoT), cloud, and analytics solutions.To understand how Industrial IoT is transforming the manufacturing sector, we are joined by Simith Nambiar, practice lead, emerging tech APJ at Rackspace Technology to share with us his views on how to realize the promise of smart manufacturing with IoT.1.       What are some digital transformation challenges faced by manufacturers in 2022?2.       How can organisations use connected products to build new revenue streams and enhance customer experience through real-time, cloud-powered intelligence?3.       You mentioned the proliferation of data and protocols on the production floor. As companies look to introduce IoT on the floor, how does data from IIoT empower manufacturers to gain insights from their fleet of distributed devices to enhance operations?4.       How does the adoption of IIoT help Singapore achieve its Manufacturing 2030 strategy of growing Singapore's manufacturing sector by 50% of its current value?5.       In 30 seconds, what does Rackspace do in the manufacturing space?Simith, thank you for joining me on PodChats for FutureIoT.