Finland’s Elisa Smart Factory, which provides industrial IoT and data analytics solutions, announced a collaboration agreement with IT services, consulting and business solutions provider Tata Consultancy Services (TCS).
Under the terms of this collaboration, Elisa Smart Factory and TCS will jointly undertake efforts to market and deploy Elisa Smart Factory IIoT and advanced analytics solutions to a broad spectrum of industry manufacturers.
TCS is part of the Tata group, India’s largest multinational business group, and has over 436,000 consultants in 46 countries.
“Elisa Smart Factory solutions represent a tremendous opportunity for industry manufacturers, especially for companies in the process and discrete manufacturing,” said Kari Terho, GM for Elisa Smart Factory. “With its global presence, wide-ranging industry experience and consultative approach, TCS is the ideal partner for us as we look to build and scale our IIoT offering. By partnering with TCS, manufacturers will be able to enjoy benefits like increased quality, yield and machine uptime that are enabled by real-time monitoring, 3D visualization and advanced analytics.”
“TCS’ IoT business framework Bringing Life to Things and smart manufacturing capabilities along with Elisa Smart Factory solutions will enable industrial customers to transform their manufacturing operations and improve operational excellence and flexibility,” said Regu Ayyaswamy, global head of IoT & Engineering Services at TCS. “Our commitment and investment in smart manufacturing initiatives will enable customers to transform themselves by leveraging the best solutions across the world.”
Elisa Smart Factory provides artificial intelligence and industrial IoT solutions for manufacturers, as part of Finnish telco and digital services company Elisa. Elisa says its own digital transformation of its network operations center began in 2011 and combined IoT with automation tools and key performance indicators (KPIs), and that its the self-optimising NOC is now a fully lights-out operation, with robots performing over 4 million network checks daily.
Elisa said that the number of network incidents has since fallen by 70%, with 80% of incidents resolved before they become visible to customers — and it can run its networks with the same level of manpower that it had in 2007. The company says it now replicates the success from its own process to help industry manufacturers connect and analyze data from various data sources using a range of intelligent tools, including predictions on the probability of asset failure and for optimizing maintenance and repair schedules to minimize disruptions and extend the life of assets.