Artificial Intelligence
Vijay Jaswal On Scaling Asset Intelligence, AI, And Business Agility
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Overview
Scaling Asset Intelligence: Embracing Predictive Maintenance, IoT, And Cybersecurity
In this insightful episode of TechDogs Discover Dialogues, host Nikhil Sonawane sits down with Vijay Jaswal, CTO at IFS, to explore the transformative role of asset intelligence, artificial intelligence (AI), and IoT in today’s industries. With over 25 years of experience, Vijay shares his deep expertise in integrating these cutting-edge technologies to drive business efficiency, operational performance, and scalable growth across various sectors.
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Vijay’s Journey And Career Evolution
Starting with his career in process automation and application integration, Vijay discusses how these foundational experiences led to his leadership in digital transformation. His career trajectory illustrates the shift from manual workflows to today’s agentic AI and autonomous agents that solve complex business problems with unparalleled efficiency.
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Asset Intelligence As A Game-Changer
The conversation dives into how asset intelligence is no longer a reactive process, but a strategic enabler. Vijay explains how organizations in asset-heavy industries, such as utilities, aviation, manufacturing, and oil & gas, can leverage connected systems, predictive maintenance, and real-time data analytics to maximize asset lifespan and reduce operational downtime. By optimizing asset management with IoT sensors and AI-driven analytics, companies can ensure operational continuity and avoid costly breakdowns.
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AI, IoT, And Predictive Maintenance
Vijay underscores how AI and IoT work together to revolutionize predictive maintenance, allowing businesses to forecast failures before they happen. This shift from reactive to proactive maintenance is particularly important in industries where equipment failure can lead to catastrophic consequences, such as aviation or utilities. With real-time data, companies can monitor assets continuously, identifying potential issues before they become costly problems. This results in reduced maintenance costs, improved asset reliability, and extended asset life.
Challenges In Scaling AI Across Enterprises:
While many organizations succeed in the proof-of-concept (POC) phase for AI and IoT, scaling these initiatives enterprise-wide presents significant challenges. Vijay identifies the primary barriers:
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Aligning AI initiatives with business objectives
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Ensuring data quality
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Overcoming governance challenges
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Managing the high cost of IoT devices
He shares practical insights into how organizations can overcome these obstacles by focusing on high-value use cases, aligning AI projects with business goals, and continuously assessing ROI.
Cybersecurity In An Increasingly Connected World
As industries become more interconnected through IoT and smart assets, cybersecurity becomes a critical concern. Vijay highlights the risks of cyberattacks targeting connected devices, which can have disastrous effects on critical infrastructure. He emphasizes the need for businesses to implement strong cybersecurity measures, including encryption, secure communication protocols, and endpoint security, to protect sensitive data and ensure business continuity.
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Practical Guidance on Overcoming Barriers:
As organizations look to implement asset intelligence, Vijay provides actionable advice: -
Focus on high-impact use cases to demonstrate quick wins.
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Address data quality issues early on to ensure reliable insights.
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Ensure leadership alignment and foster a culture of collaboration to drive success.
Future Vision And The Role Of AI In Augmenting Human Capability
Looking ahead, Vijay stresses that AI should be viewed as a tool to augment human capabilities, not as a replacement. He shares his belief in the empowerment of people through AI, encouraging leaders to embrace the technology, invest in upskilling, and leverage AI to improve decision-making, productivity, and business agility.
Key Takeaways:
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Asset Intelligence is a strategic enabler, not just a cost center.
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AI and IoT are transforming industries by optimizing asset performance and maintenance.
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Cybersecurity is crucial in protecting IoT-enabled infrastructures.
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Scaling AI and IoT requires overcoming challenges like cost, data quality, and integration complexities.
This episode provides business leaders with the tools and insights needed to move from proof-of-concept to enterprise-wide AI adoption.
About Vijay Jaswal
Vijay Jaswal is the CTO for Asia-Pacific, Japan, Middle East, and Africa at IFS. With a deep focus on AI, IoT, and asset management, Vijay leads digital transformation initiatives that help businesses become more connected, agile, and efficient. He is passionate about simplifying complex technologies and driving innovation in asset-heavy industries.
Thu, Jan 29, 2026
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