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Over the past decade, the manufacturing industry moved from reactive to predictive data analysis to monitor equipment, extend asset lifecycles and manage overall profitability. Today, the future is trending toward the use of advanced analytics applications that enable manufacturers to intelligently meet increased demand for customized products created at affordable mass-production costs while improving operational efficiency and overall productivity. Are you keeping pace with this shift?

Collecting and analyzing data is crucial to ensuring long-term productivity and sustainability of operations. Detailed manufacturing metrics facilitate the optimization of shop-floor assets, improve overall productivity, and protect the bottom line.

Without this critical information, manufacturers cannot identify which aspects of an asset’s operational efficiency and overall equipment effectiveness (OEE)—availability, performance, and quality—are lagging. As a result, companies fail to identify where inefficiencies and bottlenecks may be occurring, placing valuable production time and money at risk.