LincodeLabs hosted SMAARC 2022
SMAARC hosted its 5th event and 2nd annual conference on the theme ‘Evolving Industry 4.0’ recently . LincodeLabs was the title sponsor for the conference. LincodeLabs is a leading AI visual inspection company that has demonstrated that its technology has achieved impressive results in defect detection vs. traditional machine vision technologies.
A panel discussion on the topic ‘Addressing the challenges faced by Industry 4.0’ was moderated by Rajesh Iyengar, CEO, and Founder of Lincode. A bench of elite panelists including Sachin Ganpathi, Executive Director at Ascent Intellimation Pvt. Ltd., Karam Vir Rehani, from KVR Consulting, Sachin Kotasthane, Sr. Solutions Director, Manufacturing Vertical IoTWoRKS, HCL Technologies, and Parag Kulkarni, Senior Manager at e-F@ctory Business, Mitsubishi Electric India Pvt. Ltd., were part of the panel discussion. They discussed the existing challenges for the effective implementation of Industry 4.0 into any business.
During the Panel discussion, Rajesh Iyengar, CEO, and Founder of Lincode, said “Industry 4.0 is the future of the manufacturing industry. The challenges and opportunities are massive but how we use artificial intelligence, machine learning, and sensors in complex machines is going to play a crucial role in the smart manufacturing industry. Every company must start implementing smart manufacturing into the factory floors to optimize efficiency, increase productivity and provide accurate results.”
Shyam Gupta, Senior VP of Products, Lincode, was one of the speakers at the event and spoke about the importance of data-driven AI in the manufacturing industry. He said, “The industry has over 600 billion dollar loss in opportunity costs because of not utilizing the data and not having the channels to tap into data streams. Manufacturers utilizing Data-Driven AI can generate better results, automation, and solutions within their premises and reduce their quality management losses faced at this point.”
Experts from the fields of AI, Robotics, System Integrators, Manufacturing and Finance, representing over 47 organizations, gathered for networking and promoted the next-generation technologies that will boost manufacturing efficiency and the economy.
SMAARC is a community of professionals and experts from AI, AR, and Robotics, catering to manufacturing industries. It is an ecosystem initiated to address the challenges faced by manufacturers encouraging them to adapt to the smart manufacturing technology and innovative solutions available today.