NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and for India - Paparao Kodali
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NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and for India - Paparao Kodali

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  • Ingersoll Rand is a $14 billion diversified industrial company. It’s publicly traded on the New York Stock Exchange, and has been consecutively for more than 100 years.We have nearly 70 manufacturing facilities worldwide and have operations in every major geographic region.Our strategic brands-Club Car, Ingersoll Rand, Schlage, Thermo King and Trane-are number one or two in each of their markets.
  • Component knowledge i.e., knowledge of each of the components that performs a well-defined function within a broader system that makes up the product. This knowledge forms part of the ‘core design concepts’ embedded in the components. System knowledge i.e., knowledge about the way the components are integrated and linked together. This is knowledge about how the system works and how the various components are configured and work together. Also referred to as architectural knowledge.For most companies, the strategy for the India markets has long been to either extend existing product lines, or strip features from those products in order to attract highly cost-conscious consumers here in India. The engineering capabilities required to build these products are largely incremental in nature and most engineering organizations possess these capabilities Defeaturing• Align product range to compete on value and cost• Defeaturing of products (strip down) to reduce costs• Setup Growth market R&D and Partnerships We need to build capabilities to develop new platforms to local markets • Develop new frugally engineered platforms• Ground up local R&D capabilities• Translate the voice of local customer in product/service requirements Innovation and NPD from emerging markets targeting developed markets - Reverse Innovation• Common global low cost platforms• Modular architecture to add and deselect features for any part of the global market

NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and for India - Paparao Kodali NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and for India - Paparao Kodali Presentation Transcript

  • NASSCOM Engineering Summit 2013 Future of Engineering India Impact of Engineering Marvel from and for India Paparao Kodali Vice President and General Manager Ingersoll Rand Engineering & Technology Centers (IRETCs) India October 8th, 2013
  • Ingersoll Rand Overview A $14 billion diversified industrial company Operations in every major geographic region Strategic brands are #1 or #2 in their markets Products and services for commercial, industrial and residential markets 2│NASSCOM Engineering Summit 8th Oct, 2013
  • Our Journey Importing products to world-class engineering and manufacturing 3│NASSCOM Engineering Summit 8th Oct, 2013
  • Capabilities Evolution Platforms/Systems Shareholders Customers Partners Employees Newly Designed Modified New Architectures Breakthrough Solutions Incremental Changes Modular Development Modified Newly Designed Components/Modules Unique opportunity for compelling value creation 4│NASSCOM Engineering Summit 8th Oct, 2013
  • Mobile Transport Refrigeration Bridges the First Mile and Last Mile logistics for Mobile Transport Refrigeration Reengineering Long Haul Value Proposition First Mile & Last Mile All-Electric (runs on battery) & fuel efficient Ideal for low HP engines and unit performance independent of engine Solves problems of narrow lanes and developing logistics 5│NASSCOM Engineering Summit 8th Oct, 2013
  • Energy-efficient Residential Air Conditioning DUCTED HVAC SYSTEMS • Prevalent in developed markets MINI SPLIT HVAC SYSTEMS • Prevalent in emerging markets INNOVATION IN RESIDENTIAL SOLUTIONS Single remote that can control multiple HVAC systems – communicates through walls using ZIGBEE technology Convergence solutions for comfort and security – Interactive Lock, Remote Controller and HVAC systems – all communicate with each other Intelligent remote that sets the optimum temperature in your room based on outdoor conditions – the TRANE mode Value Proposition Highly energy-efficient HVAC systems Integrated security for homes and establishments Solves problems of energy shortage and ease-of-use 6│NASSCOM Engineering Summit 8th Oct, 2013
  • Summary Phase 1 Phase 2 Phase 3 • Innovation through Value Creation • Cost take outs • Value engineering • Productivity • Customer price points • Innovation through Convergence • Partner ecosystem • Multiple technologies • Delivering solutions and value to customers • Disruptive Innovation • Creation of new markets and value networks • Developing sustainable products, services and initiatives (open innovation) Talent, culture and processes key to success 7│NASSCOM Engineering Summit 8th Oct, 2013
  • 8│NASSCOM Engineering Summit 8th Oct, 2013
  • Thank You! 9│NASSCOM Engineering Summit 8th Oct, 2013