Margo
Margo aims to unlock interoperability at the edge

A recently established open standard interoperability initiative called ‘Margo’ aims to remove the main obstacles to digital transformation. ABB Process Automation and ABB Machine Automation (B&R) are among the founding group of industrial automation solution providers that are driving the initiative.

Margo aims to unlock interoperability at the edge, a key layer of Industrial IoT ecosystems where plant data is transformed into AI-powered insights to drive efficiency and sustainability.

The Margo initiative draws its name from the Latin word for ‘edge’ and will define mechanisms for interoperability between applications, devices and orchestration software at the edge of industrial ecosystems. It will make it easy to run and combine applications from any ecosystem member on top of the hardware and runtime system of any other member.

Margo aims to deliver on its interoperability promise through a modern and agile open-source approach, which will bring industrial companies increased flexibility, simplicity and scalability as they undergo digital transition in complex, multi-vendor environments.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

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