Re-imagining Asset Management with next-generation intelligent automation

#Altair #assetmanagement #digitaltransformation #KrishnaMarutiGroup

Sanjiv Kumar Jain

The Pro MFG Digital Transformation Senior Leadership Conversation, powered by Altair had Mr. Sanjiv Kumar Jain, Group CIO, Krishna Maruti Group as one of the coveted guests.

Krishna Maruti Group with 22 state-of-the-art manufacturing facilities spread across the Northern, Southern and Western regions of India, manufactures Automotive Seating Systems, Alternate Fuel Systems, Automotive Fabrics, Vehicle Interior Systems (Door Trims & Roof Headliners), Vision Systems, Fuel Systems, Chassis Systems, Cabin Systems, Exhaust Systems, Gear Shift Systems and Body Structure Systems.

In this segment, Mr. Sanjiv Kumar Jain is in conversation with Pro MFG Media’s Mr. Manish Kulkarni and he shares his views on challenges legacy asset-intensive industries face & steps for improving their overall performance. Key highlights from the chat:

Asset Management is going through another turning point in its existence, the transition from conventional practices asset management using next-generation intelligent automation.

• Industry 4.0 helps to sweat the assets.
• Condition-based Monitoring and Predictive Maintenance are two maintenance strategies which most of the legacy manufacturing plants aim at optimizing equipment efficiency.
• Machine manufacturers need to co-operate in creating knowledge databank for effective prescriptive maintenance.
• Upskilling and reskilling is the way to win the Digital People Transformation challenge.
• Technology solution providers need more Indian Industry 4.0 implementation case studies & should provide ROI benefits realisation roadmap.

About Mr. Sanjiv Kumar Jain, Group CIO, Krishna Maruti Group

Mr. Jain has over 32+ years’ experience in managing all aspects of Digitalization and Digitization of process, Cloud Infrastructure and Security, Application Management & SD WAN setup. Mr. Jain has spent 29 years in Manufacturing i.e. Automotive accessories, Refrigeration, Power domains. Prior to this role he also worked with Spark Minda Group, Jindal IFT Group and Subros Ltd.

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