SCOTTS VALLEY, Calif. and PUNE and DELHI, India, Dec. 10, 2018 /PRNewswire-PRWeb/ -- JK Tyre and Industries Ltd, India's leading tyre manufacturer announced its collaboration with Altizon Systems, a global industrial IIoT (Industrial IoT) platform company. JK Tyre is using Altizon's Datonis Manufacturing Intelligence platform to drive the company's enterprise digital transformation.
Objectives: Bring Visibility and Predictability into Manufacturing Value Chain
JK Tyre wanted to digitalize and IoT-enable its plant assets with the objectives of bringing visibility and predictability into its manufacturing value chain, improving asset utilization and reducing conversion cost per unit of production. They wanted to implement a solution that was adaptable, reliable and scalable across their multiple manufacturing plants.
The Solution: Securely Connecting and Processing IoT data at Scale
Altizon's Datonis Manufacturing Intelligence Platform enabled JK Tyre to securely connect and process IoT data at scale. The solution has provided the company with a 360-degree view of the line from productivity, quality, energy, maintenance and traceability perspective. Altizon's Datonis Manufacturing Intelligence Platform delivers the ability to analyse and visualize operational data in real-time, integrate IoT data into business applications and help enterprises make optimal decisions and pre-empt uncertainties in operations.
Benefits
JK Tyre was able to significantly reduce mean time to repair, eliminate unplanned machine downtimes, improve productivity, decrease the cost of spares and the cost of energy consumed per unit of production. Scaling the solution to multiple plants will enable JK Tyre to realize real time internal benchmarking of their critical assets and further improve performance.
Supporting Quotes
- Mr. Anil Makkar, Manufacturing Director, JK Tyre
"We are among the early adopters of Industrial IoT in the tyre industry and see great value in digitizing our plants. We deployed Altizon's Manufacturing Intelligence (Mint) platform and are already reaping benefits with a laser focus on ROI. We have noticed immediate gains on the predictive failure front. The true gain on OEEs are yet to be reflected, too early to conclude. We are already scaling Altizon's solution to our second plant and look forward to scaling further to other plants and use the platform as the single source of truth for monitoring our operational KPIs and continuous improvement initiatives."
- Mr. Sharad Agarwal, Chief Information Officer, JK Tyre
"At JK Tyre we are always keen to evaluate and adopt newer technologies to drive innovation and process improvement. Altizon's Datonis MInt has helped us establish visibility and predictability across critical machines and processes. We see great potential in industrial IoT technology and look forward to scaling it into additional plants."
- Vinay Nathan, Chief Executive Officer and Co-founder, Altizon
"JK Tyre is a very progressive manufacturer who has adopted and taken advantage of technology innovation and process automation like few other tyre industry manufacturers. The deployment of Datonis Mint at the Chennai facility has helped to dramatically improve processes and operational costs. We are delighted to expand our relationship with JK Tyre, as they look to set the standard for enterprise digital transformation in the tyre industry."
About JK Tyre
Part of the JK Organisation, JK Tyre & Industries Ltd is amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments in the automobile industry. JK Tyre is the only tyre manufacturer in India to be included in the list of Superbrand in 2017, the sixth time the honour has been conferred upon the company. JK Tyre has global presence in 100 countries across six continents, backed by production support from 12 plants - nine in India and three in Mexico. Currently, the capacity across all its plants is about 32 million tyres per annum.
About Altizon
Altizon is the industrial IoT company. It empowers Industrial Digital Revolutions globally by helping enterprises use machine data to drive business decisions. With a global footprint of over 100 enterprise users, Altizon is a leading Industrial IOT platform provider as recognized by Forrester, Frost & Sullivan, VDC Research and most recently by Gartner in its Magic Quadrant for IIoT Platforms. For more info visit http://www.altizon.com. To learn more about the industry benefits of IIoT, please read Altizon's Smart Manufacturing Report.
SOURCE JK Tyre
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