New Delhi, Dec 1 (KNN) An intelligent platform called 'Phantom' has been unveiled to enable Small and Medium Enterprises (SMEs) migrate to Industry 4.0 version.

This initiative has been taken by engineering major Robert Bosch Engineering and Business Solutions Ltd.

The platform supports SMEs to draw digital roadmaps for manufacturing plants, machine intelligence and energy analytics.

"The Phantom platform makes SMEs use advanced data analytics, machine learning and automation for switching over to Industry 4.0 version," said the subsidiary of German industrial behemoth Bosch GmbH.

This was said at Bengaluru Tech Summit.

"Phantom improves the efficiency of the SMEs with a retrofit solution installed in a machine, gathers production patterns and provides insights on its usage, benchmarks, trends, losses and best practices," said K. Swaminathan, company Vice President.

"Each entrepreneur will have a dedicated portal to catalogue his journey, knowledge and his position in the industry through the platform benchmarks," said Swaminathan.

The digital solution provides consulting and advisory support for SMEs to be on par with industry practices, access frameworks, methodologies, processes and tools.

The platform has been designed for multiple industries to go digital through customized advisory sessions, consulting workshops and a content rich portal.