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New Biz Models

Business Today

|

July 26, 2020

BUSINESS ARE INCREASINGLY ADOPTING SAFER AND SMARTER WAYS OF MANUFACTURING AND DELIVERING SERVICES

- JOE C. MATHEW

New Biz Models

In the midst of the covid-19 lockdown, Siemens India, which makes turbines and turbo compressors, motors and generators, transformers, and advanced medical imaging equipment, had to commission some machines in far-off locations. On normal days, its engineers would have flown to each site and got the machines up and running. With air, rail and road travel not possible due to the lockdown, it had to work remotely, using a technology that wasn’t the first choice of many of its clients until that moment. The Siemens engineers, sitting in their homes, looked at the digital imprint of the machine which was captured in real-time through a 3D-glass worn by a person at the site. Directions were given remotely, for example, which wire needs to be connected where just as the engineer would have done sitting inside the machine at the site.

Business Today'den DAHA FAZLA HİKAYE

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TO A GOOD TIME

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3 mins

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PASSING THE BATON

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Put energy where you can be the best

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1 mins

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Thematic Investing: Spotting Structural Themes Before They Become Mainstream

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INDIA'S ETHANOL DILEMMA

INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?

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"GST cut is the manifesto of 1.4 billion Indians"

Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more

time to read

7 mins

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