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NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and...
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Transcript of NASSCOM Engineering Summit 2013: Panel Discussion I - India Impact of Engineering: Marvel from and...
India Impact of EngineeringMarvel from and for India
Paparao Kodali
Vice President and General Manager
Ingersoll Rand Engineering & Technology Centers (IRETCs) India
October 8th, 2013
NASSCOM Engineering Summit 2013Future of Engineering
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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
Ingersoll Rand Overview
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Our Journey
Products to India Products for India Products by India
Importing products to world-class engineering and manufacturing
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New
Architectures
Breakthrough Solutions
Incremental Changes
Modular Developmen
t
EmployeesPartners
CustomersShareholders
Newly Designed
Modified
Modified Newly Designed
Stake
holder
s
Components/Modules
Pla
tfo
rms/
Sys
tem
s
Capabilities Evolution
Unique opportunity for compelling value creation
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Mobile Transport Refrigeration
Bridges the First Mile and Last Mile logistics for Mobile Transport Refrigeration
Reengineering
Long Haul First Mile & Last Mile
Value Proposition
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
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Energy-efficient Residential Air Conditioning
DUCTED HVAC SYSTEMS• Prevalent in developed
markets
MINI SPLIT HVAC SYSTEMS• Prevalent in emerging
markets
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
INNOVATION IN RESIDENTIAL SOLUTIONS
Value Proposition
Highly energy-efficient HVAC systems
Integrated security for homes and establishments
Solves problems of energy shortage and ease-of-use
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Phase 1• Innovation through Value
Creation• Cost take outs• Value engineering• Productivity• Customer price points
Phase 2• Innovation through
Convergence• Partner ecosystem• Multiple technologies• Delivering solutions and
value to customers
Phase 3• Disruptive Innovation• Creation of new markets
and value networks• Developing sustainable
products, services and initiatives (open innovation)
Talent, culture and processes key to success
Summary
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Thank You!