IMS Noida hosted panel discussion in PHD Chamber
IMS Noida, one of the leading management institutes of India, carried out an advanced industry panel discussion on “Industry 4.0: Opportunities and Challenges for the Indian Workforce” organised and held in PHD Chamber of Commerce, New Delhi and supported by International Computer Driving License (ICDL). The event was attended by Dr. Ajay Kumar, IAS Additional Secretary, Ministry of Electronics and Information Technology, Government of India.
The panel was hosted and moderated by Dr. KJS Anand, Executive Director IMS Noida and he shared that “The future is of interconnected machines that can be virtually integrated in real time with Augmented Reality or Human Interface. Such a Cyber-Physical system would be able to read efficiency slacks, possible down times/shifting bottlenecks, New Demand Centres, Dynamic Pricing, Worrying Health Statistics on the fly and update unrelated remote systems with ease.”
The panellist enlightened the importance of new changes relevant for Industry 4.0 and also discussed about the six design principles of Industry 4.0 including interoperability, Virtualisation and Decentralisation areas that can help to guide the workforce in a better way.