Sandip Pradhan, Chief- IT - Exide Industries Ltd.
By MYBRANDBOOK
(a) Digital Energy Storage Trends – Big Picture
Digital is real and will continue to transform industries such as energy storage market globally and its key end user segments such as automotive. Digitalization has reached every aspect of today’ life, and it is here to stay. Technologies, such as in memory computing, cloud and enterprise mobility have already started making an impact on energy companies. IoT, AI, ML and Blockchain provide exciting opportunities for competitive advantage, but at the same time, open the playing field for companies that are not traditional energy solution providers. Early Adopters are winning. Excellence in operations and innovation are key for profitability.
Key for Exide Industries to win in the digital economy include: Leading reinvention and digitization of the business, Digitalizing engagement with customers, Partnering with other market participants to achieve economies of scale.
(b) Current market reality and technology trends enabling digital transformation: The energy storage industry is being driven by the following critical forces
(1) Customers’ desire for extended battery life and faster storage:
(2) Integration of Electronics with Storage: E-savvy consumers want performance monitoring on the fly
(3) Regulatory changes: Introduction of GST and increasing focus on renewables and electric vehicles having the potential to alter the demand profile
(4) AI , ML & Big Data : Help in warranty & sales analytics and the likelihood of asset malfunctions.
(5) IoT, Blockchain: Facilitate improved customer engagement and smart grid optimization
(6) Cloud computing: The quickest path to new business models and software upgrades
( c) Exide has strong focus on becoming a Smart Utility.
To overcome current market reality and technology trends, Exide has identified four digital pillars like:
(1) Engage Employees through connected collaboration, knowledge sharing throughout the business processes, able to access back office processes from anywhere anytime any devices.
(2) Engage Customers through Connected batteries. This IoT enabled batteries platform ( SAP Leonardo) will connect with all stakeholders like Sales, Service , Marketing , Manufacturing and R&D along with customers , OEM and Social Media.
(3) Optimize Operations through connected plants using SAP MII (Manufacturing Intelligence and Integration) and MES (Manufacturing Execution Systems ) with predictive and pre-emptive maintenance functionalities.
(4) Transform Products - Battery is a garage purchase and it is a dump product to a customer. We would like to change this customer’s perception from a dump device to a smart appliance. IoT technology is helping in this space.
TAC Security becomes Cyber Security Assessor for the App Defen
The cybersecurity company, TAC Security has been selected as a key Cyber ...
InterGlobe’s Rahul Bhatia and C.P. Gurnani together announce
In a move that is set to transform the AI landscape, Rahul Bhatia, Group M...
Download masked Aadhaar to improve privacy
Download a masked Aadhaar from UIDAI to improve privacy. Select masking w...
Sterlite Technologies' Rs 145 crore claim against BSNL rejecte
An arbitrator has rejected broadband technology company Sterlite Technolog...
AMARA RAJA POWER SYSTEMS LTD.
TP-LINK INDIA PVT LTD.
TEJAS NETWORKS INDIA PVT. LTD.
WIPRO LTD.
Technology Icons Of India 2023: Natarajan Chandrasekaran
Natarajan Chandrasekaran is the Chairman of the Board of Tata Sons, th...
Technology Icons Of India 2023: Sunil Gupta
Sunil Gupta is the Co-founder, Managing Partner & CEO of Yotta Infrast...
Technology Icons Of India 2023: Sachin Bansal
Sachin Bansal’s fintech startup, Navi Technologies, simplifies loan ...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
Aadhaar: Architecting the World's Largest Biometric Identity System
The Unique Identification Authority of India (UIDAI) is a statutory au...
EESL encouraging e-mobility adoption across India
Energy Efficiency Services Limited (EESL) is a Super Energy Service Co...
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...
TECH DATA, A TD SYNNEX COMPANY
Tech Data Corporation was an American multinational distribution compa...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...