Kloudq Technologies offers a variety of innovative Industrial IoT (IIoT) solutions, primarily for the construction equipment industry. <span style="font-weight: bold;">Aditya Paranjpe, Head - IoT,</span> shares more on the company's solutions and the technology trends in the market.<p></p><p> <span style="font-weight: bold;">How do you look at the evolution of digital technology in CE industry?</span><br />IoT and Big data are incorporating different construction activities that are currently working in silos in the equipment industry. Sensors are collecting hundreds of readings that help assess the equipment performance, and this historical data is being used to make focused strategic decisions. IoT backed by powerful analytics is being used to monitor equipment usage, fuel usage and maintenance, and construction equipment manufacturers are investing in intelligent machines today more than ever. GPS tracking has also been a boon for any company that manages an equipment fleet. It has enabled managers to see where their vehicles are in real time. Telematics systems can provide instant data about field conditions, as well as equipment conditions, and this has drastically improved the overall operations in the CE industry.</p><p> <span style="font-weight: bold;">What are the major factors that drive the demand for digitalisation in CE?</span><br />A variety of factors drive manufacturers towards digitalisation - typical goals involving cost reduction, increasing efficiency, improving safety, meeting compliance requirements, and product innovation. IoT coupled with Predictive Analytics especially, is helping companies on various levels. Leveraging on digitalisation, manufacturers can now slice and dice data in ways that provide them with a comprehensive understanding of their business. This enables them to improve production, optimise operations, and address issues even before problems arise.</p><p> <span style="font-weight: bold;">What are your key solutions offered for CE industry?</span><br />Kloudq offers a variety of innovative Industrial IoT (IIoT) solutions, primarily for the construction equipment industry. Our new IoT offering 'Tor' is a complete ecosystem in itself. Being entirely configurable, interoperable as well as scalable, it proves to be one of the most reliable IoT platforms for the CE industry. It is very difficult to find a one-stop-shop that offers a proven end-to-end IoT system. Normally, OEMs have to procure the necessary hardware, use one of the available platforms, and then build their own front-end system. It takes a lot of time to make this happen. Our key differentiator is that Tor successfully integrates all the critical components in an end-to-end manner, assimilating the four building blocks of IoT viz., the gateway, the platform, the application and the analytics, thus giving more power to the OEMs and lesser dependability.</p><p> <span style="font-weight: bold;">Do you provide digital solution as inbuilt or optional feature for machines?</span><br />All our products are backed by powerful and intelligent analytics platforms so it serves as an inbuilt feature for machines.</p><p> <span style="font-weight: bold;">What are the advantages of your digital solutions?</span><br />Our solutions help manufacturers in diverse areas - from enhancing their service efficiency, increasing the uptime of their machines, optimising shop-floor operations, reducing their energy usage, minimising operational and maintenance costs to taking better strategic decisions. They help them tackle day-to-day challenges in the areas of people, processes and technology.</p><p> <span style="font-weight: bold;">How do you look at the demand trend for digital solutions in CE?</span><br />We look at it as an opportunity to make a difference for our customers and our customers' customers. Digitalisation only makes it easier for organisations by empowering them to transform their business objectives and focus better on newer revenue streams. </p>