Automation : The Future:
Two decades ago, it was the stuff of science fiction. Today, it’s just a fact of life. The machines really are taking over, especially in the manufacturing real. The $152 billion global industrial automation market has grown 6 percent a year, on an average, since 2003, the analysts reported, which is nearly twice as fast as overall industrial production. Successive advances in technology are making the economics of automation and robotics increasingly compelling for many companies in a growing number of industries.
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Key Functional Benefits of Automation
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Leading companies in the IT Services sector have realized the huge potential of Industrial Automation and have entered this space either by building their own teams or by way of Mergers & Acquisitions.
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Infosys, CTS, Wipro, TCS, HCL are traditional software giants, who have reinvented themselves and brought in tremendous value addition by incorporating IOT (Internet of Things) into this space of Automation. The Automation Industry is, in turn, undergoing a metamorphosis of sorts by taking concepts like Productivity, Efficiency & Return on Investment to the Consumer. There is a realization that while processes need to be automated, there is an increasing need to make decisions based on real time data. This has helped the merger of these traditional Automation companies and the IT Sector. The opportunities are enormous. There is no sector that will not benefit from this revolution.
The IT Industry will also help in taking Automation to the non industrial sector. Building Management Systems & Home Automation are no more a peek into the future. Robotics for non industrial applications is already gaining popularity. We come across so many automated processes through our day that we do not pay attention to. Every equipment that works by itself is the work of art of an automation engineer and the data from this equipment which reaches us is enabled by an IT services professional.
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