Page 55 - TCE Annual Report 2019-2020

Delivering Aspirations | Achieving Scale

Key Trends Shaping the Industry: • Digital engineering and digital tools: Creation
and management of assets using digital tools,
• Digital Adoption in Industry will only further together with the interfacing and collaboration of
Accelerate: In the ever-changing business physical and digital assets. Building Information
environment, most industrial and infrastructure Modelling (BIM) is expected to gain ground,
business are increasingly realising the need for as a reliable, shared knowledge resource for
Digital Transformation to manage their businesses information and decision-making.
better. This trend will accelerate post COVID19
with companies ramping up investments in digital In line with the key trends, we plan to strengthen our
in the medium to long term with ‘low touch’ business on Industry 4.0, FEA and BIM. We also aim to
technologies being the first to be adopted. grow our asset digitisation business and are focused
on building an internal centre of excellence for digital
• The market is now moving from ‘Pilots’ to engineering.
‘Full-scale Deployments’: Many PSUs and large
private industrial players are beginning to release In the process, TCE will also focus on building the
formal RFQs of substantial value for a wide range partner ecosystem with software OEMs, hardware
of requirements such as digital handover, asset firms, analytics solutions providers and other
digitisation, APM, digital workforce etc. outsourcing partners. We have already entered into
Laser Scanning and 3D Modelling for Private sector
• Need for ‘Established Technologies’ and Strong and have secured several Digital Handover projects.
‘Digital Partner’: While the initial few years saw We also achieved competency and maturity for Digital
a much-needed explosion in terms of startups Asset Information Management for a large PSU.
and self-innovation, the market is understandably
converging towards established technologies with TCE plans further to expand product engineering
demonstrable experience and long term support service offering for defence and space and help with
setups. the government of India’s localisation mission.

A PROJECT
Indian Space Research
Organisation (ISRO)

• Mobile Launch Pedestal
(MLP): Fabricated steel
structure, supports
vehicle weight of 800 T
to withstand extreme
Jet loads experienced
during launch.

• Overall size approx. 19m
(L) x 19m (W) x 9m (H).

• Retractable Arms are
provided on top of MLP
to facilitate retraction
of Umbilical Cord
Unit (UCU) within few
seconds during launch.

55