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The Silicon Review Asia

Ushering the Future of Manufacturing: Nextsky Technologies

The Silicon Review
September, 2019

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website hosting services from the cloud is touted to be the following huge component in internet services. maximum of the statistics stored on premises with the aid of companies is being moved to the cloud in an effort to facilitate better operations and consolidated control. but when the same advantages of cloud-hosting can be carried out to something as tangible as production, it may actually spell the difference between income and loss. Nextsky technologies is a cloud-primarily based software as a carrier (SaaS) ERP answers provider for the producing quarter.

With an aim to carry extra flexibility and adaptability to Micro and small scale manufacturers, Nextsky technology has dependent its services to allow ease of implementation and a guard in opposition to market fluctuations. The enterprise firmly believes that bolstering small scale manufacturing can cross an extended way in generating employment and improving the country wide economy.

In conversation with the founder and CEO of Nextsky, Prathamesh Adep

Q. Can you tell us about your company’s operations and the industry it caters to?

Nextsky is a cloud-primarily based SaaS ERP solutions company for the manufacturing zone. Nextsky automates the plant floor and informs the top floor. Our manufacturing cloud ERP software program is designed from the floor up connecting suppliers, machines, substances, humans, structures, and customers. Focusing at the precise requirements of discrete and procedure production, the Nextsky manufacturing Cloud can provide manufacturing control, inventory management, deliver chain control, and greater so that you can be more aggressive, green, and responsive for your consumer desires.

Q. What do you think are the shortcomings in the Micro and Small Scale subsets of the manufacturing industry?

  • The inability of unskilled employees to take quick and smart actions.
  • Lack of flexibility in the production process with regard to customer demand.
  • Long delivery times resulting in unsatisfied customers
  • Individual software tools for monitoring and managing different departments like HR, finance, and production, etc.
  • Cost constraints to hiring expert consultants & IT managers for maintaining the software and infrastructure and upgrading it as per business demand.

Q. Can you elaborate on your company’s mission statement?

Mission – To Empower & Revolutionize Indian Micro & Small Manufacturing Industry

The Indian economic system nowadays has emerge as the arena’s fastest developing one. the manufacturing area will undoubtedly play a essential role on this adventure of rapid increase. India is touted to end up the arena’s third biggest production hub by way of 2022 with micro and small scale manufacturers accounting for greater than 80% of the whole manufacturing region. So, this section in particular wishes advanced technological support with a purpose to facilitate sustainable business growth and an development in common efficiency to compete with international players. subsequently in that vision, we want to be the first choice.

Q. Vision – To become the world’s leading Enterprise solutions company for the manufacturing sector.

The Indian IT ecosystem could be very well situated for B2B SaaS groups. We agree with that once triumphing a chief marketplace proportion in the Indian competitive market, our business version might be well-known and also be applied all the world over. hence, our imaginative and prescient is to amplify our commercial enterprise in Asia, Europe & america and to be the chief within the section.

Q. Can you brief us about the benefits of Nextsky’s solutions?

  • Efficient utilization of employee time by stopping repetitive work and maintaining several files.
  • Reduction in Inventory cost by 30%
  • Reduction in Machine downtime by 15% through preventive actions
  • Customer Delivery lead time up by 40%
  • Improvement in decision making time by 50% as every person could access past and present information in a deep analytical way without any manipulation in the data.
  • Boosting human efficiency

Q. What would you say are the major requirements to succeed in business?

  1. Dream Big – While building a company, the first thing entrepreneurs need to do is to think big. I believe thinking big keeps you going while keeping you grounded.
  2. Perseverance – Every professional journey has its share of ups and downs. It would demand many sacrifices by you and your family. Many times the situation just gets unbearable. However, just going on is only the way to success.
  3. Passion – I believe passion is capable of teaching you everything. No matter how many times you fail, in the end, passion is the only thing that helps to stay on your path.

Q. What were the initial hurdles that you faced after launching Nextsky?

while we were starting out, our greatest venture was to locate a super crew. A group which is ready for big demanding situations also can be prepared to fail and research speedy.

the second one task, as with every startup, is studying to navigate all the severa trials and mistakes that show up even as making a product healthy for the market. sometimes those errors turn out to be very expensive, ensuing in a cash crunch. So locating buyers changed into a massive mission. There have been only a few investors interested by our idea.

Q. What is your greatest fear and how do you manage it?

the most important challenge that we presently face is to apprehend the hastily evolving consumer needs and to deliver on them inside stipulated closing dates. For that, we’ve assembled a dedicated and hardworking crew. we have allocated separate domain expertise in every department to apprehend all of the demands and fulfill them. We also take advice from individuals who have good sized experience in this quarter and have labored in some of the arena’s leading era companies.

Meet the intrepid entrepreneur behind Nextsky’s continued growth, Prathamesh Adep

Mr. Adep is a passionate businessman who serves as the CEO of Nextsky Technologies. He is a broadly skilled business leader with extensive proficiency in cloud computing, ERP, data analytics, IoT, AI, software business strategy, and scale-marketing, particularly through digital and indirect channels. With over seven years of domain experience in the manufacturing sector, he looks after the sales, marketing, and product developmentthe maximum essential mission that we presently face is to understand the hastily evolving purchaser wishes and to supply on them inner stipulated final dates. For that, we’ve assembled a dedicated and hardworking crew. we have allotted separate area knowledge in each department to apprehend all of the demands and fulfill them. We additionally take recommendation from individuals who've widespread experience on this area and feature worked in some of the arena’s main technology businesses.

“Our technology provides world-class functionality without the cost, upkeep or headaches of traditional system implementations.”

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