| | SEPTEMBER 20244VOL 10 · ISSUE 1 - 9 · SEPTEMBER, 2024 PublisherOffice Editorial queries editor@ciotechoutlook.com To subscribeVisit www.ciotechoutlook.com/magazine/or send email to: subscription@ciotechoutlook.comMagazine Price is Rs 150 per issuePrabhu Dutta A.R.N RayAlok ChaturvediManager DesignMagendran PerumalCirculation ManagerEditorial TeamNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Mrigank SharmaSurbhi SumanManaging EditorSudhakar SinghVisualizersAdvertising queriessales@ciotechoutlook.comBangaloreTel 080 46441103Gm Sales & MarketingRavi KalgiPrinted and published by Alok Chaturvedi on Behalf of Biz Print Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Roshan AktharNalini BramhanpalliViswanathan ANoidaTel 120 4639300EDITORIALIOT-DRIVEN INDUSTRIAL TRANSFORMATION Adoption of Internet of Things (IoT) in the manufacturing industry in India has been on an upward trend. The application of IoT solutions is becoming more apparent in helping smart manufacturing in improving productivity, reducing downtime and monitoring production lines. This trend is in consonance with India's larger Industry 4.0 initiatives, where the IoT integration is considered as critical for increasing the competitiveness at the international level. There are several factors that are driving this strong market growth. First, the Indian government's drive towards digitization and smart manufacturing as a part of the "Make in India" program has helped the IoT gain momentum across sectors. Second, the increasing need for automation and the necessity to improve efficiency due to cost led manufacturers to adopt IoT systems. This has been especially the case in the automotive, electronics and heavy industries where IoT solutions are already changing production lines. Also, the development of other technologies like cloud computing, artificial intelligence, and machine learning is keeping the IoT cost of implementation down, hence encouraging more manufacturers to invest in IoT solutions. There is also the growing number of domestic and international IoT solution providers in the Indian market that is putting pressure on competition and driving the IoT solution providers to come up with more unique, tailored IoT solutions for the manufacturing sector. The market's growth trend is also driven by the rising levels of investment in IoT solutions and technologies and the growing understanding of the long-term ROI of IoT solutions including increased efficiency, less time lost to equipment failure, and better product quality. This issue acquaints you with the 10 most promising companies in this field. In this special issue, CIOTechOutlook brings to you the companies that have made their mark in this domain with their technology acumen and industry expertise. These companies have kept abreast of the new technological advancements in this sector and have leveraged them to their full potential. We hope this issue gives you helpful insights into this market landscape. Sudhakar SinghManaging Editorsudhakar@ciotechoutlook.com
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