This edition features a handful of business The 10 Most Visionary Leaders Transforming Education that are at the forefront of leading us into a digital future
5. t Pioneering Progress
and Innova on
-Preon Bannier
Managing Editor
n the ever-evolving landscape of technological advancement, engineering companies stand as
Ithe vanguards of progress, driving innovation and shaping the world we inhabit. These
companies, diverse in their specializations, collectively weave the fabric of our modern
civilization through their groundbreaking solutions and transformative contributions.
At the core of their endeavors is a commitment to pushing the boundaries of what is possible. From
designing sustainable infrastructure to crafting cutting-edge technologies, engineering companies
play a pivotal role in addressing the complex challenges of our time. Their work spans across a
myriad of sectors, including aerospace, automotive, energy, and information technology,
influencing every facet of our daily lives.
This editorial note aims to spotlight the indomitable spirit and ingenuity that define engineering
companies. Their relentless pursuit of excellence not only propels industries forward but also
significantly impacts global economies. As we navigate an era of rapid technological change, the
importance of these companies in driving innovation, ensuring sustainability, and fostering
resilience cannot be overstated.
In this edition, we delve into the narratives of leading engineering companies through the latest
edition, The 10 Most Reliable Engineering Companies in 2024, exploring their journeys from
conceptualization to the realization of groundbreaking solutions, where each project represents not
just a technological marvel but a testament to the human capacity for innovation and progress.
7. National Engineering
Industries Ltd
Empowering Movement with
Sustainable Bearings
From Concept to Creation
The Journey of Engineering Innovations
Revolutionizing Tomorrow
The Latest Trends in the Engineering Industry
Glorianne Montefrio
Bridging People, Ideas, and Prot
through Sustainability and Innovation
Emerging Climate Risks
and Evolving Sustainability
Strategy of Corporates
- By Sumit Barat
CxO
ARTICLES
8.
9.
10. The 10 Most Reliable Engineering Companies in 2024
11. hen it comes to business success stories,
Wthere are many factors that come into play.
From innovative products and services to
effective marketing strategies, there are countless
variables that can impact a company’s growth and
profitability. One often overlooked aspect of success is
a company’s culture. Enercon attributes its success to
its vibrant culture, which today emphasizes the core
values of Team, Excellence, and Commitment to all
stakeholders of the business: employers, employees,
customers, and partners.
When Ed Tangel founded Enercon, he was leaving a
toxic work environment filled with closed-door
meetings, and he wanted to start a company where
everyone wanted to be there, where people actually
enjoyed their time at work. One of Ed Tangel’s original
core values was… FUN, literally. Ed used to say, “If
you’re not having fun, it’s time for you to find another
place to work.” And he meant it! Once, two of his key
leaders were not having fun, arguing and complaining,
so Ed took them both to a local pub to eat, drink, and
talk things through. Afterward, they all decided what
they had to do to have fun again, and back to work they
went! Ed is a hands-on leader who mobilizes people
into effective actions – both leaders spent the rest of
their careers at Enercon having tons of fun!
In addition to Ed’s concept of enjoying one’s work, he
considered everyone who worked with him family. He
demonstrated that by always making himself available
to anyone who needed to talk. That was part of the
culture; everyone mattered, no matter their position;
they were a part of his team. He called it his “Open
Door Policy.” If you needed help with work, family, or
anything – everyone knew that Ed was available and
would listen, think with you, and then provide the help
you needed. For Ed, it was the idea of family, and once
you were on his team, you became family – someone
to help, someone to get help from. Ed often declares,
“One of my biggest satisfactions in our success at
Enercon is that we are providing a livelihood for all the
families that work here.”
Ed Tangel and Bill Rogers established Enercon with
four other passionate individuals, two of whom were
named Bill, a guy named Diz, and Joyce. Ed’s primary
motivation was to work at a place he could enjoy; after
all, one spends most of their waking hours at work, so
you might as well enjoy your time. And Ed, the Bills,
and Diz had so much fun they brought their children
and friends. Ed brought two of his sons, Larry & Neil;
Diz brought his son, Bob; two Bills brought their sons,
Ron & Mike; while the third Bill brought his friend
Jerry, and Jerry then brought in his two sons, Jerry &
Steve! In just a few years, Enercon became a multi-
family… family business!
Like many classic American startups, Enercon began in
a small garage; however, unlike most startups, Enercon
was profitable from day one. Within the first three years,
the company exported over 50% of its products to
markets that were growing faster than their power
infrastructure could support. Most of those countries
were not the fastest growing markets nor the most
inviting, especially in 1975! Countries such as Saudi
Arabia, Egypt, Indonesia, Columbia, and Venezuela.
Today, most of these countries are important world
economies, though then, few American companies were
going there to offer their services, which demonstrates
one of Ed’s explicit strategies: go where the competition
is not.
The focus on exports set Enercon apart from its
competitors and helped create its unique identity in the
on-site power marketplace, allowing the company to
grow rapidly in size, reputation, and market share.
Enercon’s early success prepared it for the recession that
occurred in the early ’80s, and its resulting financial
strength allowed it to capture territory by acquiring a
small gen-set packaging company, Custom Engineering.
The integration of the two companies was seamless, as
both companies had the same target customers – the
engine/genset dealers and distributors. Many of
Enercon’s multiple genset paralleling projects involved
another company providing the packaging services for
those gensets, while every multiple genset project,
requiring enclosures, also required paralleling
switchgear. Hence, the two markets, though distinct, are
symbiotic; being able to provide both the paralleling
gear and the packaged gensets provided Enercon with a
marginal utility in the marketplace, which many
customers valued. Enercon’s capacity to provide all the
electrical and mechanical expertise necessary to take a
customer’s prime mover and make it into a containerized
power plant was unique at that time and remains rare
today. Enercon calls it their “Complete Solutions”
approach.
At the helm of Enercon today is a duo of leadership:
Ed’s son, Larry Tangel, CEO, a visionary leader who
upholds the company’s founding principles as set by his
12. father; and Nick Keever, President, who emulates the
commitment, focus, and work ethic of the greatest
generation as demonstrated by his story. Nick joined
Enercon as a 21-year-old Intern fresh out of university, and
22 years later, after positions in Quality, Project
Management, Operations, and leading the company’s
Military division, Nick was appointed President in July
2020. That just rarely happens today and is attributable to
the fortunate combination of the human that Nick Keever is,
the mentorship from Ed and Larry, and the culture at
Enercon.
Under Larry’s strategic vision and Nick’s operational
expertise, Enercon continues to thrive, driven by a
passionate workforce that is dedicated to actualizing their
skills and providing help to customers in need of reliable
power solutions. With their unwavering passion and
steadfast focus on family and community, Enercon is poised
to lead the charge in powering a brighter future for all.
Let’s take a closer look at their voyage!
Inspiring Inception Story
In 1975, a group of six folks: Ed Tangel, Bill Rogers, Bill
Steele, Bill Phelps, Diz Small, and Joyce, the bookkeeper
left the company they were working for and began to build
a company where they could have fun, actualize their skills,
and take care of their families. Enercon was truly a ‘garage
shop,’ operating out of a 6000 sq ft converted boat garage in
Chillicothe, IL, an old river town. Ed was a visionary leader
and head of sales, while his partner, Bill Rogers, was the
operational muscle. Like most successful companies, there
is a need for partnership and shared leadership. It is rare to
have in one person both the visionary skills to develop
strategies and the operational skills to make those strategies
manifest. Walt Disney had his brother Roy; Bill Gates had
Steve Ballmer; Steve Jobs had Tim Cook; Ed Tangel had
Bill Rogers. Bill Rogers was the strong manager Ed needed
to ensure that the work was executed correctly. Bill Phelps
was responsible for engineering, Bill Steele handled the
procurement of materials, and Diz Small built the products.
They were having FUN!
These folk made a bold decision to build a company that
would reflect their shared values – a place where everyone
would enjoy working together and achieving their goals. A
place where everyone matters and everyone can contribute
while having fun in the process. Enercon began as a family
business, with the Tangel’s, the Roger’s, the Phelps’, the
13. Small’s, the Coffman’s, the Fleckenstein’s, the Thewlis,’
and many more families working alongside each other,
having fun creating lifelong friendships, memories, and
accomplishments. Their shared passion for the work they
did drove them to excel and achieve small wins day by day,
and the fun they had together helped to produce a new
company making a mark on the niche industry of on-site
power generation.
One of Enercon’s early successes was being chosen by
Caterpillar to be their outsourced switchgear partner. From
1977 to 1995, Enercon built all Caterpillar-branded floor-
standing paralleling switchgear at their East Peoria facility.
This connection was crucial to their early success, as the
factory would advocate for Enercon’s products to dealers
when they needed paralleling switchgear and controls.
When the dealers asked the factory for who they should use
for a complex paralleling project, they would tell dealers,
“We use Enercon!” This was a priceless endorsement.
The success with the floor-standing switchgear program led
to a 47-year relationship with Caterpillar that is still strong
today. Their second major success with Caterpillar was the
TM
invention of the Cat Power Module. The Power Module is
a Caterpillar trademarked product that consists of an
engine/genset inserted into a 40’ ISO shipping container,
along with the required fuel tank, cooling, exhaust, and
controls to produce a mobile power plant. Ed Tangel and
Fred Ozmeth (from Caterpillar) used masking tape on the
shop floor to lay out the initial design of the module to
ensure that it would fit – old school. Shortly thereafter,
Enercon began packaging Caterpillar gensets into 40’
containers, and today, the “CAT Rent” logo is ubiquitous on
1000’s of shipping containers and provides temporary
power to locations worldwide. While containerized power
modules were already in existence in Europe at the time,
Enercon ‘invented’ Caterpillar’s new product. A product
that continues to provide Caterpillar success today.
Another creative success is when Enercon helped develop
for another company’s 1 Megawatt packaged microturbine,
which continues to have success in the marketplace today. It
consists of 5 of their 200kw microturbines tied together on
a common bus to provide a maximum of 1000kW. Enercon
invented this product when they were asked to redesign
the company’s 200kw microturbine for improved
manufacturability and serviceability. While completing that
work and knowing the importance of a 1MW node in the
marketplace, Enercon’s design engineer suggested
containerizing 5 x 200kW machines into a single product.
The company loved the idea, and after several design
All businesses are human-
centered, and it is necessary
to address human concerns.
Therefore, one should apply
their exper se to help
people with the concerns
that their skills can solve
and become the best at it.
“
“
14. iterations, Enercon built its prototype units to launch the
product. Today, this 1MW powerhouse is one of their
cornerstone products.
In the late 1990s, Enercon was introduced to the Military
marketplace through their failure! Enercon lost a bid to a
competitor, who subsequently went bankrupt in the
production of the prototype units, and the customer asked
Enercon to step in and take the project over. The result was
a multi-year contract. After 125 units, Enercon was
committed to the military domain and began to restructure
its business into separate units, dividing them by product
and market focus. Today, Enercon is organized into three
business units: One focused on system integrations for both
military and commercial operations, Integrated Defense
Solutions (IDS); a second focused on their electrical
switchgear and paralleling controls business, Integrated
Energy Solutions (IES); the third one focused on Industrial
Control Panels, Engineered Solutions (ES). Each of these
business units serves distinct markets with varying
customers, concerns, and strategies.
Although Enercon remains a family business, they have
shifted their focus from the word ‘family’ to the word
‘business.’As described above, it was friends and family
who joined in the beginning to build the company. With Ed
& Larry intentionally sought to maintain that family
culture, and the growth they were experiencing led them to
reimagine their business by shifting the order of the words
in the phrase “family business” to “business of families.”
Instead of thinking of themselves as a ‘family business,’
which can be thought of as both common and self-limiting,
the reversed order recognizes that while the commitment is
still, and always must be, towards taking care of one’s
family, and the way to take care of your family is through –
business – strategically coordinated actions to fulfill shared
intentions. Enercon is centered on creating a successful
“business of families” to provide a good life for all its
families and family members!
From Inspiration to Succession
The inspiration behind Larry’s decision to pursue a career
in the niche industry was his father, Ed Tangel. At the age
of 14, Larry worked for his father by operating the blueprint
machine and folding blueprints all day long, which was not
the most enjoyable task. However, this experience opened
his eyes to the potential of being in the business, as Larry’s
natural curiosity led him to study the blueprints, absorbing
what was available; as a result, he began to ponder the
possibility of becoming an engineer like his father, traveling
the world to help people with their power needs. His
father’s international business was alluring to him, and he
decided to attend the University of Illinois to major in
Electrical Engineering.
15.
16. His path was temporarily diverted by an opportunity in the
world of financial markets, joining his brother, Jeff, on the
floor of the Chicago Board Option Exchange. In 1987, after
a seven-year career that took Larry into institutional bond
trading, Larry’s father extended an invitation for him to join
the family firm. Larry agreed to join Enercon in a few
years, as he was committed to producing a certain level of
accomplishment in his position before making the transition
to Peoria. Larry succeeded in this ambition, and three years
later, in 1990, he joined Enercon. Larry said, “The
opportunity to work with my father, learn from him, and
together build my father’s firm was what enticed me to shift
away from the world of finance.”
Strategic Changes and International Expansion
One of the key initiatives upon Larry’s arrival was to
expand Enercon’s Marketing efforts, which still relied
mostly on word-of-mouth. At the time, Enercon was largely
dependent on a single customer; knowing the danger of this
situation, Larry began a major push into advertising and
marketing. Enercon began to advertise, exhibit at industry
trade shows, develop project case studies, and other
marketing activities to diversify its customer base. The
effort paid off! In 1995, when Enercon’s largest customer,
who represented over 60% of Enercon’s sales, decided to
build their own switchgear, Enercon’s revenue increased!
Through their marketing campaign, they were able to
replace that revenue and more and attract a new and diverse
clientele, one of which would turn into their key partner 20
years later, the Raytheon corporation.
In 1994, one of Enercon’s customers in Indonesia invited
them to come to Asia and explore the possibility of opening
a manufacturing facility to support their needs in the
country. At the time, Enercon was working with them on
many oil & gas opportunities, and the future was full of
potential. Ed, Larry, and one of their lead Sales team
members, Ken Dalton, traveled to Asia and explored the
Philippines, Indonesia, and Singapore to investigate the
possibility of opening in Asia. After a couple of weeks of
touring facilities and engaging in dialogue with clients,
Enercon decided to open a Sales/Service office in Singapore
until they could become comfortable with making a larger
investment. Singapore is Asia for beginners as even the taxi
drivers speak English.
Ken Dalton, a 20-year veteran of Enercon with a history of
accomplishment in international fieldwork with several
Caterpillar dealers, was chosen to lead the new international
expansion. Three years earlier, Enercon had recruited a
young Indonesian engineer fresh out of university, and
when he was presented with the opportunity to relocate to
Singapore, he eagerly accepted. By the fall of 1994, in
under six months, we officially opened in Asia as Enercon
Systems International with Ken Dalton and Minto
Halimuddin. Ken hired two young service engineers, Lim
Mun Hey and Azhar Othman, who both remain with
Enercon today. Azhar was local employee #3, and nearly 30
years later, he is a partner with Larry and Ed in the
ownership of Enercon’s Asian operations. Enercon was able
to export its culture of family, inclusiveness, and fun
halfway around the world. Azhar, Mun Hey, and others will
soon be celebrating 30 years of being a part of the Enercon
family! Under Azhar’s leadership, Enercon Asia Private Ltd
now has facilities in seven countries with over 90
employees, progressing in their plan of action to be in 20
countries in the next five years.
Enercon A Packaging Company
With their largest customer now competing with them in
their primary marketplace, paralleling switchgear, and their
international expansion in place and growing, Larry turned
17. strategically towards the engine packaging marketplace for
the next expansion of the business. Enercon had established
itself as an expert at working with containers and reworking
them into a powerhouse. As a custom integrator of
packaged equipment, we used our engineering expertise
to invent a new exhaust system for containerized
powerhouses. Enercon invented what they called the “flat-
pack” muffler. Having to meet a 60 dbA sound spec for
Ringling Brother Circus, Enercon invented a
resistive/reactive muffler design that both produced the
necessary noise reduction and kept the rejected heat low
enough on the skin of the exhaust system to locate it inside
the container. Locating the muffler inside the package had
numerous benefits: less cost in transportation, less time in
installation on site, as well as an improved initial look and
long-term look of the powerhouse. Before this invention,
mufflers were too hot and large to be located inside the
container. Today, we know this innovation is superior as the
‘flat pack’ is offered by most muffler manufacturers and has
become the standard in the industry.
With a large customer and major OEM now a competitor in
the switchgear business, if Enercon wanted to remain a
To iden fy your passion, work
hard to become excellent at it,
learn, collaborate with others,
and cra an offer of help. It’s
crucial to learn from both
successes and failures, engage
with customers, and con nue
to grow, modify, and expand
your help. Ul mately, the goal
is to give superior help and
insist on being valued.
“
“
18. supplier to them, they would have to refocus their business.
Without existing in the paralleling switchgear marketplace,
Enercon shifted its focus to being a packager and began to
build out its packaging business, leading to a 20-year
expansion of the company’s packaging business that peaked
with over 400 employees operating out of three facilities
strategically located in the US. Enercon had a packaging
facility in Georgia, in Phoenix, AZ, in addition to the
headquarters located in central Illinois. The expansion in
packaging led to more opportunities with several engine
manufacturers and even with non-power generation
projects. The skill set necessary to package gensets can be
transported and applied to various industries beyond power,
such as modular buildings, fire training modules,
compressors packages, mobile boilers, swimming pools, e-
houses, and other skidded equipment. Many of these
markets remain open for future possible expansion. Due to
the market conditions and changes in strategic focus in
2017, Enercon sold its packaging division and shut down its
facilities in Phoenix and Georgia, consolidating operations
in Peoria’s headquarters. At the time, it felt like a
contraction, a step back, and yet, with COVID-19 hitting 3
years later, it proved to be a good choice.
Finding something that one
loves to do and excelling in it
can be a challenging task.
However, it is the key to build-
ing a successful business.
“ “
19. Intern to President in 22 years
In the 1990s, General Electric was ruling the manufacturing
space, inventing new quality practices and processes. From
lean manufacturing to Six Sigma, new quality control
metrics were being invented and put into practice. The
leading one that nearly all manufacturers today must
comply with is the ISO standards, in particular ISO 9001.
While Enercon’s quality was always world-class, the clients
were now looking for third-party validation of the
company’s quality practices. In 1999, Enercon hired a
young intern named Nick Keever, who was working on his
Industrial Technology degree at the local university, to work
as Enercon’s first Process Engineer. After completing his
degree, he joined the organization full-time and was tasked
with achieving ISO 9001 certification. In only nine months,
Nick led the organizational changes required to pass the
audit, and we became ISO 9001 certified.
Two years after Nick joined the Enercon family, the world
experienced the tragedy of 9/11, and now, in the role of
Project Manager, Nick was given the task of fulfilling a 25-
unit order for 2-MW containerized power modules for GE.
We had just completed the units for GE when the tragedy
occurred, and Nick and his team were on-site in the staging
areas, reconnecting people to power. Again, as disaster
struck in Japan, Enercon’s team led by Nick Keever was
able to provide 120 MW of containerized power after the
Fukushima tsunami. Enercon had all three manufacturing
operations focused on providing these units, and within 17
weeks of the event, we delivered 80 – 1.5MW containerized
power modules. Our customer was Alstrom Power Rents, a
worldwide temporary power plant specialist, who also
coordinated 150 MW of turbines to be delivered in the same
time frame, thus providing 270MW of power in less than ½
year.
Finally, Nick both lead the initial bid and has managed our
largest military success to date, the Prime Power Unit for
THAAD (Terminal High Altitude Area Defense) project for
Raytheon supporting the Missile Defense Agency. Enercon
with Milton CAT were successful in competition against
much larger organizations. This led to Enercon being
recognized as a critical supplier to the Missile Defense
Agency.
In 2020, Covid struck, and it hammered home on many
fronts for many people, and Ed and Larry were not spared.
Fortunately, Larry and Nick had been in a decade-long
strategy for having Nick to become the next leader of
Enercon. In July of 2020, Larry appointed Nick Keever as
President of Enercon and empowered Nick to forge the next
chapter of Enercon’s story. Nick, with Larry, is now
responsible for creating Enercon’s future strategic direction,
as well as the execution of daily operations.
Under Nick’s leadership, Enercon’s strategic direction
focuses on sustainable growth by reentering the commercial
genset packaging field, developing standardized product
offerings for switchgear and controls, and tapping new
sectors such as microgrids and EV charging capabilities for
military applications. “As a small business, Enercon’s
strategy for expanding its services involves targeting a
select group of customers and delivering exceptional
results.” said Nick, “The company intends to find partners,
not just customers in each business unit, focusing on
providing the highest quality of service to those partners.”
In all its markets, the company is focused on adding value
and avoiding competing solely on price. Enercon seeks
customers who recognize and appreciate the value it
provides and are willing to partner with the company to
better serve its customers. The company’s goal is to
establish long-term relationships with partners rather than a
transactional business with one-off clients.
Exclusive Insights
Success lives in helping others fulfill their ambitions. It’s
where Ed Tangel began and where Enercon still lives. In
fact, there are some employees who’ve been working there
for more than 45 years – and now their children are joining.
It’s something unique in today’s world focused on quick
results and short time horizons. Ed has acted instinctively
from the beginning (still does!), and Larry has studied laws,
principles, and mechanisms with Nick in business and life.
In the background are a set of fundamental business and
human concerns that the Enercon leadership team
embraces, watches out for, and cares for in their intention to
succeed in business and live a good life with their families.
You will notice, if you ever have the opportunity to tour the
facilities, that although some of the faces have aged, they
still hold the smile and mood Ed started so many years ago,
working every day… having FUN!
22. In our rapidly advancing world, sustainability has
become a pressing concern for individuals,
communities, and businesses alike. With growing
environmental challenges and the need for responsible
resource management, there is an increasing demand for
innovative solutions that promote sustainability in all
aspects of life. One area that holds significant potential for
contributing to this cause is making movement more
efficient.
Excelling tremendously in this area is NEI. Since its
inception in 1946, National Engineering Industries Ltd,
manufacturer of NBC Bearings (NBC), has been at the
forefront of the bearings manufacturing industry. As a
proud member of the esteemed CK Birla group, NEI has
been driving sustainability and efficiency through its
renowned NBC brand of bearings, revolutionizing
movement across various sectors.
Receiving the prestigious Deming Grand Prize in 2015,
NEI’s commitment to excellence and top-notch quality
standards is evident. With over 2800 dedicated
professionals and cutting-edge manufacturing plants,
including an exemplary R&D center, NEI remains at the
forefront of innovation and technology.
Under the President and CEO Rohit Saboo, NEI is not
only an engineering expert but also a champion of
sustainability. Utilizing alternative energy sources and
embracing digitization for enhanced manufacturing
efficiency, the company aims to achieve carbon neutrality
by 2039, highlighting its dedication to creating a greener
future.
With a strong presence in India and a vast network of over
550 authorized stockists and thousands of retailers, NEI
ensures exceptional customer satisfaction, solidifying its
reputation as a go-to bearings manufacturer in India and
beyond. NEI’s continued pursuit of excellence and
sustainability places it at the forefront of the industry,
setting an inspiring example for others to follow.
Below are the highlights of the Interview:
Can you briefly describe yourself and what inspired you
to embark on this sector?
As an Engineering graduate from the prestigious Birla
Institute of Technology and an MBA holder from the
Rochester Institute of Technology, NY, I have cultivated a
diverse background in corporate strategy, manufacturing,
and R&D. My journey in the automotive, railway, and
industrial sectors has been shaped by valuable work
experiences, guiding me to my current role as President and
CEO at National Engineering Industries (NEI).
At NEI, my primary focus is upholding the company’s
legacy while driving growth through increased sales and
establishing a formidable global presence. My path at NEI
began as the Executive Assistant to Mr. Chandra Kant Birla,
The 10 Most Reliable Engineering Companies in 2024
January, 2024 www.theindustryview.com
20
23. a renowned industrialist and Chairman of the group.
Working closely with him provided incredible learning
opportunities, involving me in various company ventures
and decision-making processes, which contributed to my
personal and professional growth.
Taking charge of R&D and Manufacturing in 2000 was a
transformative moment for NEI. I recognized the need to
modernize our long-established practices and improve
product quality. Emphasizing research and global standards,
I recruited skilled individuals to drive these initiatives,
steering the organization toward a promising future.
Central to our success was the implementation of
continuous quality improvement techniques, including TPM
(Total Productive Maintenance) measurement, optimizing
machinery conditions for productivity, and focusing on
TQM (Total Quality Management) principles to ensure top-
quality products.
Throughout this journey, I have gained valuable
experiences and learning opportunities, which have
strengthened my commitment to driving NEI’s success and
growth in the market. With a vision for the future and
dedication to innovation, I am enthusiastic about propelling
NEI to new heights of success.
Could you please briefly explain your company and its
inception story?
As part of the Birla business conglomerate, Shri BM Birla
started several businesses as he wanted to add industries
towards helping India to become self-reliant and hence
started several projects to pursue this dream. Shri. B. M.
Birla founded the company in 1946 with the name
“National Bearing Company Limited,” which is now known
as National Engineering Industries (NEI). Shri BM Birla
noticed there was a huge gap in terms of mobility back in
1946, and bearings played a major role in the mobility of
anything starting from auto and railway to any industrial
machinery. During then, bearings were imported majorly.
Hence, keeping in mind his vision to help make India self-
sufficient and independent, Shri BM Birla decided to start
India’s first bearing manufacturing plant in Jaipur in 1946
to help nation building, mobility, uplifting the community,
design & develop quality and robust products that cater to
the varied needs of the society. This further helped us to
make a difference in the world. We have not just developed
products; we have worked out initiatives that serve the
well-being of the community and bring the best technology
Rohit Saboo
President & CEO
Na onal Engineering
Industries Ltd.
(NBC Bearings)
January, 2024 www.theindustryview.com
21
24. to the markets we operate in. A legacy of empowering
society, we are amongst the first ones to serve Indian
Railways, and even today, our share is comparatively higher
than our peers.
In 2020, NBC acquired Kinex bearings in Europe to
enhance and diversify to provide best-in-class products to
its existing and potential customers. In 2022, NBC opened
its Global Technology Centre in Germany to support its
global customers and innovation.
What sets your company apart from others in the
industry, and could you share some notable projects
your company has worked on and their impact?
NBC sets itself apart in the industry with several key
factors. We offer a wide range of products, catering to the
automotive, railway, and industrial sectors, and have also
expanded into the EV market. The company’s flexibility
and agility allow us to provide customized solutions that
meet our customers’ specific needs. With a global presence
in over 30 countries, NBC has gained the trust of its clients.
Their diverse product portfolio covers a wide range of
applications, from small to large dimensions.
NBC is known for delivering competitive products that
offer great value for money. As a preferred bearing brand
for both Indian and global Automotive OEMs and
Railways, NBC has built a reputation for excellence. We
have also received the prestigious ‘Deming Award’ for our
exceptional manufacturing and quality management
practices. Each bearing is carefully designed and
engineered by experienced professionals to ensure top-
notch quality. NBC is committed to maintaining quality
standards and has in-house testing facilities.
Additionally, NBC actively engages in collaborative
partnerships from the early stages of projects, ensuring
remarkable outcomes. One of their biggest strengths is our
ability to offer flexible solutions, including design, delivery,
development, and dialogue. We have a highly skilled
workforce and a wide product portfolio that evolves to meet
customer demands.
What is your company’s approach to sustainability and
environmentally-friendly practices in engineering?
Amidst the echoes of environment, climate change, and
sustainable development worldwide, NBC has gone above
and beyond boundaries to implement sustainability
measures to reduce its carbon footprint.
NBC believes that continuous efforts need to be made to
adopt the latest sustainability methods both in terms of
building as well as manufacturing. Water and energy being
two of the most critical resources, we continue to keep our
focus on implementing efficient measures like utilizing
solar power, rainwater harvesting, on-site water treatment,
and replacing old equipment with more energy-efficient
machines and technology. We have also implemented
digital energy monitoring systems across the plant to reduce
energy consumption significantly. By implementing
rainwater harvesting, NEI has been able to save more than
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25. six million liters of water in a year. Additionally, the
wastewater from the factory is treated in Effluent Treatment
Plant (ETP), and the treated water is used for landscaping
and softscaping areas within the campus. This way, there is
zero discharge outside the plant.
The Jaipur factory is one of the oldest in the region to be
certified with IGBC Platinum rating, one of the highest for
sustainable buildings. Similarly, the Vadodara site is also
IGBC Platinum certified.
How do you measure customer satisfaction, and what
steps do you take to continuously improve your
services?
At our organization, measuring customer satisfaction is a
top priority, and we take proactive steps to continuously
enhance our services. We believe in regular follow-ups with
our customers to gather feedback on their experience with
our products and services. Additionally, we conduct an
annual customer satisfaction survey managed by an external
agency, which provides us with comprehensive insights into
our customers’ perspectives. This detailed survey allows us
to gauge the overall customer satisfaction index and
identify specific areas that require improvement.
Based on the feedback received, we form internal teams
dedicated to addressing any identified gaps in our services.
These teams work diligently to implement necessary
changes and enhancements to ensure that our customers’
needs are met, and their expectations are exceeded. By
combining regular follow-ups and in-depth surveys, we
create a customer-centric approach that drives continuous
improvement in our services, ultimately enhancing the
overall customer experience.
Please tell us about the awards or recognition that
accurately highlight your achievements in the corporate
niche and your future plans.
We have won several quality awards, some of the
significant being the Deming Award and Grand Deming
Prize. We are the only bearing manufacturer in the world to
get this coveted award.
This recognition reflects our commitment to manufacturing
excellence and quality processes. Over the past seven
decades, we have set high standards for ourselves and
continuously grown with the support of stakeholders,
customers, and dedicated employees. Winning this award
inspires us to strive for even greater achievements.
As part of our dedication to organic growth, we have
expanded our portfolio to meet the evolving needs of our
valued customers. We have made strategic investments in
new manufacturing lines and will continue to do so to meet
specific requirements.
Looking ahead, we have exciting innovations on the
horizon. Several of our R&D projects are nearing
completion, paving the way for new bearings tailored for
Electric Vehicles, including smart sensor bearings and high-
speed bearings. We will also enrich our industrial range
with spherical and cylindrical bearings. Our strong
partnership with Indian Railways will continue as we
support their future expansion plans.
In addition, we are exploring opportunities in aerospace,
defense, space exploration, and other promising sectors to
foster further growth. We have recently launched new
offerings, such as condition-based monitoring and bearing
training, creating additional revenue streams.
Internationally, our presence is expanding significantly. We
already serve customers in over 30 countries, cultivating
strong relationships with OEMs in the United States and
Europe. The acquisition of Kinex, a European bearing
manufacturer, will broaden our market reach and allow us
to enter the aerospace and textile segments. We remain open
to potential M&A opportunities that align with our vision
and contribute to our ongoing success.
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26. The Journey of
Engineering
Innovations
Engineering innovations have been the driving force
behind human progress, shaping the world we live
in and pushing the boundaries of what is possible.
The journey from a concept germinating in the minds of
ingenious engineers to the creation of groundbreaking
solutions is a fascinating exploration of creativity,
perseverance, and technical expertise.
Conceptualization
Every engineering marvel begins with a spark of
inspiration, an idea conceived to solve a problem or fulfill a
need. This initial phase is marked by brainstorming
sessions, research, and a deep understanding of the
challenges at hand. Engineers immerse themselves in the
intricacies of the problem, exploring various avenues and
seeking innovative solutions.
For instance, consider the evolution of renewable energy
solutions. The concept of harnessing natural resources like
sunlight or wind to generate power was once a visionary
idea. Engineers, inspired by the need for sustainable energy
sources, conceptualized solar panels and wind turbines as
viable alternatives to traditional power generation methods.
Design and Planning
Once an idea takes root, the engineering team moves on to
the design and planning phase. This involves translating the
conceptualized solution into detailed blueprints,
specifications, and prototypes. The design process requires
meticulous attention to detail, precision, and a thorough
understanding of materials and manufacturing processes.
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27. From Concept to Crea on
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28. In the case of the aerospace industry, engineers engage in
complex design processes to create aircraft that defy
gravity. From aerodynamics to structural integrity, every
aspect is carefully considered. The design phase is where
engineering creativity meets scientific rigor, ensuring that
the envisioned solution is not only innovative but also
feasible and safe.
Prototyping
With blueprints in hand, engineers proceed to create
prototypes – tangible representations of their ideas.
Prototyping is a critical step in the journey from concept to
creation, allowing engineers to test and refine their designs.
This iterative process involves identifying weaknesses,
making adjustments, and fine-tuning the solution for
optimal performance.
Take the field of medical engineering, for example. The
development of prosthetics has evolved through numerous
prototypes. Engineers work closely with medical
professionals and end-users to ensure that the prosthetic
limbs not only function seamlessly but also integrate with
the user's body and lifestyle. Prototyping in medical
engineering is a testament to the commitment to enhancing
the quality of life through innovative solutions.
Testing and Iteration
The testing phase is where engineering innovations face the
crucible of real-world conditions. Engineers subject their
creations to rigorous testing, simulating various scenarios to
identify strengths and weaknesses. This phase often
requires collaboration with experts from diverse fields to
ensure a comprehensive evaluation.
Consider the automotive industry and the journey toward
electric vehicles. Engineers continually test battery
efficiency, charging infrastructure, and overall performance.
Each iteration addresses feedback from the testing phase,
contributing to the evolution of electric vehicles from a
concept to a viable, sustainable mode of transportation.
Manufacturing
Once prototypes have been refined and tested, the focus
shifts to manufacturing. This phase involves scaling up
production, optimizing processes, and ensuring consistency
in quality. Manufacturing is where the engineering solution
transitions from a singular prototype to a mass-produced
reality.
In the realm of consumer electronics, engineering
innovations undergo meticulous manufacturing processes.
The production of smartphones, for instance, involves
precision engineering, automated assembly lines, and
stringent quality control measures. The journey of turning a
concept for a cutting-edge device into millions of units
available to consumers is a testament to the prowess of
modern engineering.
Implementation and Integration
The true impact of engineering innovations is realized when
solutions are implemented in the real world. Whether it's
deploying a new infrastructure system, integrating a
revolutionary medical device, or launching a spacecraft into
orbit, the engineering journey culminates in practical
application.
Consider the development of smart cities. Engineers
envision and implement integrated systems that optimize
energy use, enhance transportation, and improve overall
sustainability. As these solutions are integrated into urban
environments, the transformative power of engineering
becomes palpable, influencing the daily lives of countless
individuals.
Feedback and Evolution
The engineering journey doesn't end with implementation.
Engineers gather feedback from real-world use, monitoring
performance and identifying areas for improvement. This
iterative process ensures that innovations evolve, staying
relevant and effective over time.
In the realm of information technology, software engineers
continually refine and update applications based on user
feedback. The cycle of development, feedback, and
improvement is intrinsic to the field, allowing technology to
adapt and meet the ever-changing needs of users.
Conclusion: Engineering's Endless Quest for Progress
The journey of engineering innovations from concept to
creation is a testament to human ingenuity and the
relentless pursuit of progress. It's a journey marked by
creativity, collaboration, and a commitment to solving
complex problems. As we witness the tangible outcomes of
engineering marvels in our daily lives, it's a reminder that
the quest for innovation is boundless, and the next
groundbreaking idea may already be taking shape in the
mind of an engineer ready to embark on the transformative
journey from concept to creation.
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31. A Visionary Strategist and Sustainability Leader Pioneering
Change through Cross-Functional Collaboration!
ife is a journey filled with endless opportunities for
Lgrowth and self-discovery, and along this path, a
persistent question arises: What is our purpose? For
many, the answer lies in the pursuit of innovation—driving
meaningful change through fearless dedication and strategic
thinking. In a world that often moves too fast, where
concepts like these dominate conversations, there are
individuals who stand out as pioneers, true game-changers.
Glorianne Montefrio, the Co-founder of Innoverse
Global Media, is undoubtedly one of these remarkable
individuals.
Glorianne is a visionary on a mission. Her goal? To create a
world where sustainability is not just a concept but a way of
life. She's not just a strategist; she's an innovator who
thrives in the diverse, multicultural world of cross-
functional teams. Her message is clear: making the
impossible possible through innovation is the path to a
better future.
With over 25 years of experience spanning various
management roles in world-class organizations, Glorianne
brings a wealth of expertise to her mission. Her journey has
taken her through project management, strategic planning,
financial market investments, sales, media, HR, and much
more. This diverse background has provided her with a
unique perspective on how sustainability can be integrated
into every facet of our lives.
Glorianne's work ethic and philosophy are rooted in a
profound belief in the power of people and their potential to
Montefrio
Glorianne
Bridging People, Ideas, and Prot through
Sustainability and Innovation
create positive change. She is a dynamic leader, a problem
solver, and a risk-taker. Her high emotional intelligence
allows her to connect with people and create transformative
experiences.
But Glorianne is not just a dreamer; she's a doer. Her
reputation for implementing policies and procedures that
boost corporate profitability speaks volumes about her
commitment to turning her vision into reality. She's
passionate and ethical and possesses a "can-do" attitude
that's infectious.
Her dedication to sustainability is not just talk; it's action.
She's taken the SDGS17 pledge selected by ICAN and is
actively involved in youth empowerment initiatives like
Gitex YouthX and Marine Sustainability Hackathons. Her
work with Innoverse Global Media and Arivo is setting new
standards in sustainability and diversity.
Glorianne is not just a name; she's a force for good. Her
journey is an inspiration for anyone looking to make a
Women leaders are quick learners
with strong empathy towards
diverse viewpoints, needs, and
concerns of their colleagues,
customers, and stakeholders that
tend to be more risk-averse.
,,
,
,
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32. difference in the world. With her, the impossible becomes
possible, and the world becomes a better place.
Below are the highlights of the interview:
Could you please tell me about yourself and what
motivated you to embark on this sector?
My name is Glorianne Montefrio. I am the President and
Co-founder of Innoverse Global Media (IGM). As a
believer in Ikigai leadership, my purpose in life has been to
innovate fearlessly, demanding dedication and strategic
thinking in order to succeed in adopting meaningful change.
Could you please brief about your company and its
inception story?
I have been managing teams and projects for the past 20
years, but my innovative ideas were hard to realize until I
met Paul Lee, our CEO and founder. Together, we created
IGM 3 months ago as the first-of-its-kind metal and
transparent glass OLED touch screen TV, designed to bring
families around the TV to experience the Metaverse
together. The world still associates the Metaverse with
Virtual Reality (VR) headsets and mobile phones, but the
Metaverse is all about community and shared engagement.
VR and mobile devices are driving users towards
isolationism and individual experiences. When was the last
time you wanted to wear someone else's sweaty headset or
crowd around a mobile phone for prolonged periods of
time?
Last month, we launched our new product at the Global
Educational Supplies and Solutions (GESS Dubai)
Conference at the World Trade Center, together with our
manufacturer, Shenzen OKView Technology Co., Limited.
It was an amazing chance to connect with educators,
suppliers, and businesses on how our innovation would be
able to help with their Sustainability goals through our own
SDGs (4, 9, 10, 12, 17). Come check us our at
innoverseglobal.com.
What challenges have you personally faced as a woman
leader in the business world, and how did you overcome
them?
My journey was a difficult one. I often sought support and
mentorship from male leaders but found that women in
leadership roles were succeeding in gaining a voice in the
areas of sustainability and education. Innovation and
technology, however, were still primarily male-dominated
sectors. Drawing on the motivations and inspirations of my
female mentors, I decided to partner with our CEO, a well-
respected innovator who believed in female diversity in
technology. Together, we're overcoming the stereotype that
a woman co-founder of a technology innovation company is
not fit.
How do you see women contributing to the
transformation of businesses? Can you provide any
specific examples or case studies?
I see women growing in leadership roles that will transform
businesses all over the world. Our ability to inspire and
manifest ideas into reality has always been our strong suit.
How many world leaders wouldn't point to their spouses,
sisters, or mothers as their driving inspiration?
In September, I brought together 20 women in
Sustainability Leadership roles at the First All-Women
Leaders Roundtable Session on Sustainability - Pioneering
the Path to Net Zero at Century Financial. Throughout my
career I have always been connected with women in
Sustainability roles, as I myself am deeply motivated by
Sustainability.
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33. Last month, we participated in an Innovation Hackathon
where I served as the only woman mentor to over 50 young
innovators. It was inspiring to see so many young women
taking up the mantle of technological innovation. I
encouraged them to persevere, as I had done. At GITEX
this year, the same group of students showed up to see a
panel of women leaders in the areas of aerospace, marine,
aviation, and education. I have seen the fire within them
grow since the hackathon, as they were very passionately
engaged in the GITEX panel.
In your experience, what are some of the unique
perspectives and strengths that women bring to the
table, and how do they impact decision-making and
problem-solving?
Women leaders are quick learners with strong empathy
towards the diverse viewpoints, needs, and concerns of their
colleagues, customers, and stakeholders, who tend to be
more risk-averse. We are naturally big risk-takers and learn
from our experiences to ensure every experience is a
meaningful one that leads us toward achieving our goals.
Core to innovation is a user-centered design approach, and
empathy helps us dive deep into understanding pain points
and customer needs.
How can organizations foster a more inclusive and
supportive environment for women to thrive and make
a difference?
Since IGM was founded by a woman entrepreneur, we have
walked the talk, believing that diverse backgrounds foster a
stronger environment for women to thrive. The best way to
make a difference is to be authentic, and while there are a
lot of diversity initiatives at some companies, our company
is founded on the principle that diversity and inclusion are
the only way forward. Our education platform exists in
order to bring diverse groups together and drive more
communal engagement in classrooms and businesses, as
well as in the home. Mobile phones and VR headsets drive
us to separate ourselves as we explore the metaverse. Don't
you think it's ironic to want to be alone while wanting to
meet more people?
What advice would you give to aspiring women leaders
who are looking to make a positive impact and drive
transformation in their respective industries?
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34. Don't be afraid to take risks. Find your guiding star, choose
your mentors wisely, and work with experts who value and
support your goals toward making a meaningful impact.
Our founder's old company, Amazon, was founded by Jeff
Bezos, who famously said, "Be comfortable with being
misunderstood." In 2006, when he started Amazon Web
Services, Forbes magazine publicly laughed at him and said
he should stick to selling books. Little did they know that
AWS would go on to own 40% of the cloud market share.
His perseverance against all the critics led to his success.
Steve Jobs, founder of Apple, was questioned about taking
a user-centered approach vs. a profit-based approach when
he started. Their motto was "Think Different". That very
approach led to his success, which explains why Apple
customers are still delighted with their products today.
At IGM, our motto is Think Big, Learn Better, and Make a
Difference. I challenge every aspiring young woman leader
to "Make a Difference".
Can you discuss any specific initiatives or projects that
you have led or been a part of, which have had a
significant impact on the business or industry?
I believe my contribution to IGM TV and the Metaverse
On-Demand Application, which focuses on the education of
sustainability and innovation with a built-in Web3 rewards
program, will forever change the way we learn and
experience the Metaverse. While other technologies like
VR and mobile are going to offer individual Metaverse
experiences, they won't deliver a shared experience, which
is what the future of the Metaverse will be by the end of
this decade. Others focus on the gaming aspects of it but
fail to see the mass market adoption of spectating and
engaging as a group.
Imagine a classroom of students taking turns navigating the
class mascot avatar in a virtual world where they can learn
about sustainability initiatives and what sustainability even
is. These are the students that will save us in the future from
our own climate crisis. Boyan Slat, the CEO of a non-profit
group called Ocean Cleanup, was just 16 when he started
the organization through a school project. School projects
will take on the next level when kids are able to present in
the Metaverse and gain investment interests to make their
amazing ideas a reality.
What role do you believe mentorship and networking
play in empowering women leaders and facilitating their
professional growth and development?
By serving as a woman in technology leadership mentor, I
have been able to see a meaningful step in local youth
innovators taking an interest in achieving their goals against
the difficult odds they face. They showed up at GITEX to
see other women leaders inspire them. I believe it's essential
for aspiring young women leaders to see examples of
success. There's a lot of doubt that still exists that we can
make it to the top, but when they are able to see the
successes of others, I believe that makes a meaningful
difference.
How do you balance the demands of leadership with
other aspects of your life, such as family and personal
well-being? What strategies have worked for you in
maintaining this balance?
I have learned to draw clear boundaries and am firm enough
to enforce them in order to balance leadership with other
aspects of my life. I learned that I cannot and should not
take on everything if it can be delegated to those I trust. All
too often, women in leadership feel like they have to do
everything, which means taking work home and living and
breathing work 24/7. I know that we want to, in order to
overcompensate, appear as superwoman, but the reality is
that we're more effective if we don't burn ourselves out.
Burnout is serious and can really set us back from reaching
our goals. It's better to keep moving at your own pace than
to drive yourself according to someone else's expectations.
Looking ahead, what do you envision for the future of
women leaders in driving business transformation, and
what steps do you believe need to be taken to further
empower and support them?
I envision women persevering as others have before them. I
believe that fear is one of the biggest attributes holding us
back. Fear of rejection, fear of failure, and fear of existing
leadership challenges But I believe the biggest step towards
empowering women and driving business transformations is
for us to put ourselves in roles that make a difference. We
should pursue roles as CEOs, founders, co-founders, CTOs,
CFOs, and other executive leadership roles, but most
importantly, never give up. Many of the greatest leaders and
inventors of all time had multiple failures. It's their
adversity and perseverance that made them succeed.
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35.
36. limate change is no longer a theory but a reality.
CAccording to a report by the Ministry of Earth
Sciences (MoES) published in 2020, the impacts of
climate change have become scientifically evident in the
Indian subcontinent through a comparison of long-term
climatic patterns. The report highlighted evidence of
climate change in India, citing specific facts as follows:
Ÿ Between 1901 and 2018, India experienced an average
temperature rise of 0.7°C. It is projected that
temperatures could increase by 4.4°C by the year 2100
compared to the 1976-2005 average.
Ÿ The warmest day and coldest night temperatures have
risen by approximately 0.63°C and 0.4°C, respectively,
over the recent 30-year period (1986-2015).
Ÿ Summer monsoon rainfall has decreased by 6% from
1951 to 2015.
Ÿ There’s an increased frequency of localized heavy
rainfall, leading to flash floods and a projected rise in
daily extreme rainfall.
Ÿ The frequency of severe post-monsoon cyclonic storms
has significantly increased in the last two decades.
Ÿ Sea levels in the Indian Ocean have risen at a rate of
1.06mm - 1.75mm per year during 1874-2004.
Ÿ While central India’s humid regions have become
drought-prone, coastal areas, Eastern UP, Gujarat, and
major urban areas like Mumbai, Kolkata, and Chennai
are becoming flood-prone.
Given these circumstances, there is a growing need for a
robust regulatory framework, policy-driven mitigation
measures, and voluntary initiatives to limit Greenhouse Gas
(GHG) emissions. After India’s commitment to achieving
Net Zero by 2070, numerous companies in the country have
voluntarily pledged to reduce their GHG emissions and
combat climate change.
The renewable energy sector stands to gain under such
circumstances since it produces energy without emitting
GHGs. However, like any large-scale infrastructure,
renewable power generation facilities are also susceptible to
physical risks arising from climate change. Some of these
risks include:
Ÿ Flash floods caused by extreme rainfall leading to
infrastructure damage, equipment damage, and
additional capital expenditure for repairs.
Ÿ Heat stress and rising temperatures lead to reduced solar
photovoltaic efficiency and accelerated aging.
Ÿ Changes in wind speed causing infrastructure and
equipment damage, increased soiling, and structure
collapse, affecting wind turbine generator productivity.
Ÿ Damage to associated infrastructure during extreme
weather events, leading to stranded assets and reduced
productivity.
Hence, it’s crucial for renewable energy companies to
incorporate climate change risk mitigation strategies at both
the corporate and project levels. Employing technological
solutions to address climate change risks, such as selecting
module technologies with lower temperature coefficients,
becomes essential.
Sustainability Strategy
The environmental impact of renewable energy systems has
been a concern for decades. Several predominant
environmental impacts have been identified, including:
1. Land use and thermal pollution
2. Pollutant discharge during construction
3. Visual impacts
4. Effects on natural resources
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38. With the rapid increase in the scale of renewable energy
projects in India, from kilowatts to gigawatts, emerging
sustainability challenges are now being recognized. These
challenges include:
Ÿ Impact on natural capital: Large-scale, renewable energy
installations can disrupt critical natural habitats and
impact local fauna. Transmission lines and wind
turbines, for example, can harm avian fauna. Water
usage for module cleaning affects local water resources,
and improper module disposal can lead to soil
contamination.
Ÿ Impact on human capital: Lack of standardized human
resource practices, unequal employment opportunities,
and inadequate training and mentoring impact the
workforce. Health and safety concerns also arise as the
industry expands.
Ÿ Impact on social capital: Unethical labor practices by
vendors and sub-vendors, non-compliance with
international guidelines, and unsustainable practices
erode social capital.
Ÿ Considering the cumulative impact on the Great Indian
Bustard (a highly endangered avian species) from
transmission lines, the Supreme Court of India ordered
all transmission lines in their habitat to be moved
underground. A number of operating/under
construction renewable energy assets fall under the
purview of this judgment.
Ÿ Since 2021, there have been increasing global
concerns about possible human rights violations in
Xinjiang province of China. Pursuant to this, there is
an industry-wide focus on developing sustainable
supply chains.
Considering these challenges, renewable energy companies
should shift towards a holistic sustainability approach.
Addressing sustainability issues at every stage of the
business, from bidding to decommissioning, offers
numerous benefits:
Ÿ Enhanced brand image and competitive advantage
Ÿ Increased productivity and reduced costs and risks
Ÿ Improved compliance with regulations
Ÿ Long-term operational stability
Ÿ Attraction of employees and investors
Ÿ Value addition to institutional and commercial
customers procuring green power
The pursuit of sustainability is not just about potential
benefits and risks; it is the responsible course of action. It’s
time to approach sustainability holistically and integrate it
into all aspects of the renewable energy business.
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39.
40. The Latest
Trends in the
Engineering
Industry
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41. The relentless pace of innovation is churning the
engineering landscape, giving rise to exciting
trends that promise to revolutionize our world.
From harnessing the power of artificial Intelligence to
embracing sustainable design principles, engineers are
redefining the boundaries of what’s possible.
Let’s explore some of the most fascinating trends
transforming the industry:
Artificial Intelligence Takes the Wheel
AI is infiltrating every facet of engineering, from design
and simulation to construction and maintenance. AI-
powered algorithms optimize building structures, streamline
fabrication processes, and predict potential failures before
they occur. Imagine robots equipped with AI vision helping
construction teams navigate complex tasks with improved
accuracy and safety. This shift paves the way for smarter,
more efficient engineering feats.
Digital Twins
Digital twins, virtual replicas of physical assets, are
becoming indispensable tools for monitoring and managing
infrastructure. Sensors embedded in real-world structures
feed data into their digital counterparts, allowing engineers
to track performance, diagnose issues, and optimize
operations in real time. This data-driven approach not only
minimizes downtime but also enables predictive
maintenance, preventing costly breakdowns before they
even happen.
Additive Manufacturing
Gone are the days of laborious, subtractive manufacturing.
3D printing, or additive manufacturing, is rapidly gaining
traction. Imagine printing complex prototypes and finished
products layer by layer, using metal, plastic, or even
biocompatible materials. This technology not only reduces
waste and allows for intricate designs but also opens doors
for on-demand manufacturing, decentralizing production
and making it more efficient.
Sustainable Design
The climate crisis is a stark reality, and engineers are rising
to the challenge. Sustainability is no longer a buzzword; it’s
a core principle driving design and development. From
energy-efficient buildings and renewable energy systems to
bio-based materials and circular economy principles,
Revolu onizing Tomorrow
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42. engineers are minimizing the environmental impact of their
creations. Imagine self-sufficient buildings powered by
solar panels and generating their own water, contributing to
a greener future for our planet.
Human-Robot Collaboration
Robots are no longer futuristic sci-fi tropes; they’re
increasingly common collaborators in the engineering
workspace. AI-powered robots are capable of handling
repetitive tasks, improving safety in hazardous
environments, and augmenting human capabilities. This
harmonious pairing allows engineers to focus on creative
problem-solving while robots handle the heavy lifting,
optimizing workflows and boosting productivity.
Bioengineering
Blurring the Lines of Life and Tech: The boundary between
biology and technology is blurring. Bioengineers are
harnessing the power of living organisms to develop
innovative solutions. Imagine medical implants printed
using biocompatible materials or sustainable biofuels
created through genetically engineered microbes. This
groundbreaking field holds immense potential for
healthcare, environmental remediation, and even space
exploration.
Hyperloop
Imagine hurtling through vacuum tubes at supersonic
speeds. Hyperloop technology promises to revolutionize
transportation, transporting people and goods across vast
distances at record-breaking speeds. This futuristic system
uses magnetic levitation and low-pressure environments to
achieve minimal friction, making travel not only faster but
also significantly more energy-efficient.
Nanotechnology
Manipulating Matter at the Atomic Level: Nanotechnology,
the art of manipulating matter at the atomic and molecular
level, is emerging from the shadows and promising
transformative applications. From personalized medicine
and targeted drug delivery to self-cleaning surfaces and
next-generation electronics, the possibilities are endless.
Imagine tiny robots repairing damaged tissues inside the
body or ultra-efficient solar panels made from nanoscale
materials.
Quantum Computing
Unleashing the Power of the Quantum Realm: Quantum
computing, harnessing the bizarre properties of quantum
mechanics to perform calculations beyond the reach of
traditional computers, is no longer the stuff of science
fiction. This groundbreaking technology promises to
revolutionize scientific discovery, materials science, and
cryptography, unlocking solutions to previously intractable
problems. Imagine simulating complex molecules to design
new drugs or breaking unbreakable encryption codes, all
thanks to the power of the quantum realm.
Ethical Considerations
With great power comes great responsibility. As
engineering ventures into uncharted territory, ethical
considerations become paramount. From the potential
biases of AI algorithms to the environmental impact of new
technologies, engineers must tread carefully and prioritize
ethical design principles. This includes transparency,
accountability, and a commitment to using technology for
the benefit of society as a whole.
These advancements aren’t just changing the way we build
things; they’re transforming the way we live, work, and
interact with the world around us. As engineers embrace
these trends and navigate the ethical considerations that
come with them, they hold the keys to revolutionizing
tomorrow and building a better future for all.
January, 2024 www.theindustryview.com
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