Vendor Analysis
published on Jan 02, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Tata Elxsi's offerings and capabilities in Industry 4.0
Who is this Report for:
NelsonHall's Industry 4.0 services profile on Tata Elxsi is a comprehensive assessment of Tata Elxsi's offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of digital, industrial IoT, and industrial IT services
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the IT services sector and examining growth areas within IT services.
Scope of this Report:
The report provides a comprehensive and objective analysis of Tata Elxsi's Industry 4.0 service offerings and capabilities and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the delivery locations.
Key Findings & Highlights:
This NelsonHall vendor assessment analyzes Tata Elxsi Elxsi's offerings and capabilities in Industry 4.0.
Tata Elxsi concentrates its Industry 4.0 market campaigns primarily in India, APC (Asia-Pacific countries) outside of India, and Europe. The United States is considered a low-priority geography for Tata Elxsi in this domain. Within these regions, the company focuses on enhancing worker productivity and digital manufacturing, with a reduced emphasis on digital twins and plant simulation strategies.
Tata Elxsi adopts a three-tier approach to Industry 4.0 projects, focusing on IoT hosting and analytics, process and equipment assessments, UX and design, and product engineering services. The company has developed its own IoT application called TETHER, which is modular and designed for simpler IoT hosting with applications in automotive and intelligent building implementations.
The company also provides track and trace solutions using IoT, AI, ML, and analytics, offering real-time visibility and component-level traceability for manufacturers. In AR/VR, Tata Elxsi is involved in both technology implementation and content creation. Additionally, they have a small team working on three types of digital twins: product, process, and optimization digital twins, enhancing productivity and efficiency in manufacturing.