The Upper Hand of Real-Time Operational Intelligence
What it Truly Means to Adapt in The Age of Industry 4.0
In recent years, the digitalization of manufacturing has gained traction and become increasingly prevalent in manufacturing facilities. This movement is known as Industry 4.0 as well as Smart Manufacturing. Industry 4.0 is all about capturing and using the vast amounts of data that are produced in manufacturing companies and the Industrial Internet of Things (IIoT) is a core enabling technology.? Much of the focus of Industry 4.0 has been on artificial intelligence and automation solutions such as robotics. However, one key advantage of Industry 4.0 that should not be underestimated is the vast amount of real-time data that is now at manufacturers’ fingertips and can be used to improve decision-making.
?
What is Industry 4.0?
Simply put, Industry 4.0 is the use of, and higher reliance on, connected technologies and the data produced to optimize operations. IIoT enabled machines and equipment “smart,” have valuable data to share, and need a platform for making use of this data. This form of smart manufacturing is changing shop floors by enabling the acquisition and accessibility of far greater amounts of data, at far greater speeds, and far more efficiently than before – allowing manufacturers to make decisions based on real-time data as well as make machines adjustments real-time based on performance feedback. Smart manufacturing with its increased connectivity reduces the amount of human intervention needed to collect and analyze data. IIoT has enabled companies to automate many of the design and production processes, allowing for better flow of information through the entire manufacturing process. Under Industry 4.0, the use of connected equipment and machines is becoming the norm and Real-time Operational Intelligence (RtOI) is the future of manufacturing.
?
Advantages of Industry 4.0 and RtOI
With Industry 4.0, most organizations, especially legacy companies, are experiencing a shift that requires more nimbleness and adaptability in order to remain competitive. The innovations that have become available across the manufacturing industry in recent years areunparalleled, giving companies incredible growth potential and the ability to connect with customers like never before. However, simply implementing the latest innovations does not translate into business benefits if the technologies – and the data they generate - are not utilized properly.??
The key advantage of integrating RtOI solutions , like we offer at Matics, into manufacturing plants is the ability to spendless time manually collecting and analyzing important data.. This enables manufacturers to reduce the time it takes for them to see, analyze and react to events, improving efficiency and productivity. When a critical event occurs, operations and technical personnel are able to respond swiftly, reducing the reaction time which leads to higher productivity levels and more efficient operations.? Proactive companies that leverage the power of Industry 4.0 are utilizing the incredible volume of data to improve their decision making, leading to higher operations efficiency and productivity.
?
The Case for Industry 4.0 and RtOI Technologies
Unfortunately, many organizations today have not adopted many of the capabilities enabled by Industry 4.0. In fact, recent surveys estimate that only 5% of companies have employed Industry 4.0 technologies, and another 35% of companies are interested in implementing an Industry 4.0 strategy but have not finalized their plans. This indicates huge potential remains for companies of all sizes that are seeking a competitive edge and are willing to adopt Industry 4.0 innovations such as RtOI.
Many companies collect a tremendous amount of data but do not know how to quickly and effectively process the information. Oftentimes, information exists in abundance with no clear use Reaction times are slow, production plans are based on outdated data, and meetings often end with no solution. Data is collected and stored in an Excel file and the data analysis is performed days, if not weeks, later - far too late to effectively use the data for timely decision-making. The value of data is not simply its collection – it is how the data is used to improve operations.
Without the ability to filter through the digital noise, it is not possible to identify what matters most, when it matters most, and why it matters at all. RtOI filters through that noise – and that is how Matics RtOI solutions add value.
?
领英推荐
Why Companies Choose Matics RtOI Solutions
At Matics, we help companies tap into the power of Industry 4.0 . Our solutions utilize RtOI to deliver the most advantageous elements of Industry 4.0 to your company. We provide real-time data visibility, enabling your team to usethe data to collaborate and align on decisions across key personnel including managers, operators, planners, and technicians. Improved decision-making translates to efficiency gains and higher productivity across the manufacturing facility.? In a fast-paced world, even smaller companies using a RtOI feedback cycle to make decisions can be more productive than their larger-sized competitors.
Industry 4.0 is empowering teams to make better data-driven decisions but that can only be achieved by having access to real-time information. The addition of RtOI to the arsenal of tools enables companies to identify the pain points and bottlenecks instantly, as well as provide stakeholders across the business line with the relevant and necessary information they need at any moment – giving companies with RtOI the upper hand.
Matics Real-Time Operational Intelligence is more than a short-term fix. It offers an answer for now and the future. With the help of this special platform, manufacturers may benefit from many capabilities of? Industry 4.0. Manufacturers have the resources they need with Matics to create an agile manufacturing floor, increase productivity, and lower costs. New features added to the platform regularly enable your business to adjust to the continuously changing manufacturing environment.
Matics RtOI creates real-time analytics and reports that simplify the way manufacturers aggregate, analyze, and act. Below are just a few of the ways Matics RtOI has helped hundreds of manufacturers worldwide improve their manufacturing operations:
About Matics
Matics is a Real-time Operational Intelligence solution that was designed to enable rapid Industry 4.0 best practice adoption via a user-friendly and non-disruptive digitalization platform. The Matics RtOI solution instantly improves visibility and shop-floor management, reducing response time to critical events, and increasing OEE and profitability.
The Matics solution continually aggregates data in real-time, transforming it into insightsmanufacturers can use to optimize key metrics on their shop floor. Matics provides manufacturers with powerful work management tools that deliver notifications when attention is needed and enable remote tasks management, process automation, and more.?
Over 80% of manufacturers do not have real-time solutions on their shop-floor. Below are a few leading manufacturers who choose to digitize their manufacturing facilities with Matics solutions:
Would your manufacturing facility benefit from the productivity gains made possible by RtOI??
Contact the Matics team to learn more about our RtOI solutions and how you can harness the power of Industry 4.0.