Future Factories Summit MENA 2021 concluded yesterday. The finale of the two-day virtual conference Future Factories Summit MENA 2021 opened with a session by Nancy W. Gleason, the Director, Hilary Ballon Center for Teaching and Learning Associate, Professor of Practice, Political Science, at NYU Abu Dhabi about ‘The Future of Industry 4.0 In The Post COVID-19 Paradigm’.  It was then followed by several discussions and presentations on topics like “Digital Transformation – The Manufacturing Metamorphosis”, “The Value Of A Supply Chain Contingency Plan”, “Shaping The Future Of Collaborative Application”, “What Will Be The Risk To Your Business If You Resist In Investing In Digital Manufacturing Solutions” and “The Future Of Operational Excellence In The Era Of Digital Innovation” which was covered in depth by the manufacturing professionals and experts.

One of the key takeaways during Dr. Nancy W. Gleason’s speech at the Future Factories Summit MENA 2021 organised by a Dubai based event organizer Verve Management, was that manufacturing industries needs to collaborate with government and universities to upgrade and achieve best results for adaption of industry 4.0.  During the CIO panel discussion, the Principal Solution Engineer from Epicor, Sridhar Rajagopal shared his insights on how it would take a minimum of 3-4 years for the total digital revolution in the manufacturing industry.

Luc Roesems from Samsonite believes that industry 4.0 is only the enabler but not the tool to achieve operational excellence at the organization during his participation as a panelist at ‘The Future Of Operational Excellence In The Era Of Digital Innovation’. Revenue Silos, Cost Silos and Control Silos are the three important factors to achieve the best collaborative application said Vikram Kumar from OnRobot whilst his session.

Raahil Burhaani, the Chief Information Officer, Essar Oil (UK) Limited quotes that, “Delay in digitalization is only because of the gap from concepts to execution”. He also puts forth his opinion regarding the focus of organizations on customer centric solutions to which he adds that only digitalization can help organizations achieve best customer satisfaction which was agreed by two other panelists, Sanker Chellam and Dr. Nancy. Dr. Nancy also stated that universities can help fill training gaps and help organizations to adapt to digitalization at the earliest possible.

Delay in investments in digitalization will cost the organization in long-term running and they won’t be able to keep up with the market said Martyn Gill, the EMEA Business Development Director from Lighthouse systems. Nimbhorkar, the Chief Operating Officer, Dolphin Manufacturing LLC clarifies that digitalization is not threat to employment, but it gives more opportunity to upskill yourself to current day scenario. The Group Chief Information Officer, Riyadh Cables Group Company, Yaser Al Jughaiman claims that automation is the key to secure data and adapting to integration of new cloud product can help organizations to be more secure during these pandemic times. The two-day summit ended yesterday at 5:00pm with the total of more than 350 attendees.

For more information about Future Factories Summit MENA 2021, please visit www.futurefactorysummit.com or reach Verve Management at info@verve-management.com  

About Verve management company:

UAE’s business facilitating platform that connects people, partners and ideas. Verve Management delivers remarkable events and provide solutions through Congresses & Summits, Trainings & Workshops, Exhibitions, Association Management, Industry Meetings and Managed Events in Asia, Middle East and Africa.

Verve Management strives to do exactly what your business needs. We strongly believe that our purpose is to provide solutions that progress your company’s production and performance. We develop exceptional events that drive corporate innovation by developing senior-level executives and partners to share expertise, insights, business knowledge and showcasing projects.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.