Bharat Forge chooses IoT platform from PTC to adopt Industry 4.0
The Pune-based Bharat Forge Limited, a technology driven leading Indian multinational company, has selected the ThingWorx IoT Platform from PTC to monitor its factory operations to improve operational efficiency and factory quality. Bharat Forge has presence in automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The world’s largest forging company with manufacturing facilities spread across India, Germany, Sweden, France and North America, Bharat Forge, manufactures a wide range of high performance, critical and safety components for these sectors.
PTC (formerly Parametric Technology Corporation) is a computer software and services company founded in 1985 and headquartered outside of Boston, Massachusetts. It has the most robust Internet of Things technology in the world. In 1986 PTC revolutionized digital 3D design, and in 1998 it was the first to market with Internet-based PLM. Now the IoT and AR platform and field-proven solutions of PTC bring together the physical and digital worlds to reinvent the way companies create, operate, and service products. With PTC, global manufacturers and an ecosystem of partners and developers can capitalise on the promise of IoT and drive the future of innovation.
Bharat Forge Limited was looking at improving its operational efficiency at its manufacturing facilities. After an exhaustive due diligence process, during which various software vendors were evaluated, Bharat Forge selected PTC’s ThingWorx IoT Platform for its rapid application enablement, connectivity, machine learning capabilities, augmented reality, and integration with leading device cloud offerings.
On the partnership with PTC, Yogesh Zope, Group CIO, Bharat Forge Limited said, “Industry 4.0 is critical for India’s manufacturing sector to thrive in the next decade. For this, the need of the hour is a strong, scalable IIoT platform to support quick adoption of Industry 4.0 best practices. With PTC’s Thingworx platform we foresee a good synergy in terms of technology and vision for adoption of IIOT in India. We have kick started initial deployment of Thingworx at our manufacturing plant in Pune. We expect to drive value by capturing real time OEE, Machine Downtime, Quality KPIs in the first phase followed with adoption of Machine learning and Artificial intelligence for achieving predictive maintenance capability in the near future.”
Kalyan Sridhar, Country Manager, PTC India said “Bharat Forge is known for constantly enhancing and transforming it manufacturing facilities across the world with latest technologies that improve various aspects of their business. With Bharat Forge now being powered by PTC’s ThingWorx IoT Platform, we believe that the company will be able to utilize the latest Industry 4.0 technologies and significantly improve their productivity, innovation and operational efficiency. We look forward to collaborating with Bharat Forge at a strategic level to build the foundations for accelerated Industry 4.0 adoption in India through some joint programs in the future.”
ThingWorx was purpose-built from the ground up for the Internet of Things. It contains the most complete set of integrated IoTspecific development tools and capabilities available, offering the industry’s deepest functional capabilities. ThingWorx makes it easy to develop and deliver powerful Enterprise IoT solutions that deliver transformative business value.
ThingWorx platform will leverage Industry 4.0 technologies, Artificial Intelligence and Machine Learning technologies to reduce product failures. It will reduce downtime caused by unplanned events by sending breaking news alerts of the errors to the proper parties and predict the amount of time until a system fails. The platform improves the quality of products by providing a full digital reporting of products produced and reduces delays in decision-making by enabling team members with real-time detailed data and creating dynamic visualizations of the status of production systems.
ThingWorx platform Identifies trouble spots within the facility by observing real-time data on the factory floor with augmented reality (AR), providing a bird’s eye view.