Data is available in India, needs to be value unlocked: Microsoft

While, India’s manufacturing industry provides a huge opportunity for digitization, the industry needs to look beyond predictive maintenance and plant safety, top officials from Microsoft India said.

“At present we are seeing companies use digitisation around predictive maintenance, for plant safety and supply chain optimization,” said Rohini Srivathsa, national technology officer (NTO) for Microsoft India.

“What we expect the industry to do is to go further down the value chain in using IOT and look at leveraging that,” Sirvathsa added.

Srivathsa added, of the $5 trillion economy that India aims to be, $1 trillion will come from digitization.