Predictive Analytics

  /  Predictive Analytics

Predictive Maintenance allows you to offer new services to customers, where you use realtime data and insights from your deployed base of units to distance yourself from the competition and create enhanced customer value. Predictive Maintenance (PdM) is the ability to

The number of possible applications of IIoT grows every day, and this trend isn’t likely to change anytime soon. The latest numbers estimate that the combined IoT markets will reach a staggering $520B by 2021. An industry that is definitely being

Manufacturing relies on continuous production. Fast, accurate, real-time analytical insights are intuitively recognized as valuable. Many decisions must be made in real-time, so having real-time data will naturally improve those decisions. Actionable, up-to-date metrics create many new benefits, including: Improved OEE

When it comes to collecting data with industrial IoT within the world of manufacturing, it isn’t just about quantity. It’s also about the quality of the information that you are gathering from various machines; data that enables you to analyze

An issue in manufacturing that is singular to machine builders is the speed with which they can respond with service to the machines, in the case of a failure. In the past, this has usually meant an actual failure has

A go-at-it-alone approach won’t work Of all the new capabilities that manufacturers can gain by adopting Industrial Internet of Things (IIoT) technology, data analytics can be among the most powerful—and the most challenging. Manufacturers make things and, as such, they’re accustomed

The first step in adopting Industrial IoT is Machine Monitoring Industrial IoT is the wave of the future for manufacturing. Why? Because the goal in any plant or on any factory floor is to reduce costs to improve profitability without compromising quality

A growing number of manufacturers, particularly those with large global footprints and complicated supply chains, have realized the power of predictive analytics. However, many are not taking advantage of this technology for larger, strategic decisions. Some manufacturers are using predictive analytics

MachineMetrics, which equips factories with the digital tools needed to increase productivity and win more business, announced this week it has raised $11.3 million in Series A financing. Tola Capital led the round with participation from existing investors Hyperplane Venture Capital, Long