World Machine Tool Survey
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Data-Driven Manufacturing Helps Shops Stay Competitive

MachineMetrics Inc. provides machine monitoring software that helps manufacturers make decisions based on real-time data, in one case helping a shop to gain almost 20-percent improvement in machine usage in the first year of use.

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Real-time dashboards

Real-time dashboards provide an at-a-glance overview of an entire shop floor’s performance.

 

The Industrial Internet of Things (IIoT) is a concern in the manufacturing industry at the moment, and what it reflects is the importance of data. To stay competitive a shop has to become a data-driven manufacturer, with real-time data providing the means to make quick decisions and streamline its processes. This form of machine monitoring is already common in many shops, but one company claims there’s a gap in the manufacturing process.

MachineMetrics Inc. provides software that seeks to solve the problem of real-time production visibility and lack of communication between machine operators and managers. The application does this by providing an at-a-glance overview, including real-time manufacturing production data, instant notifications and historical analytics, of all machines operating on a shop floor. This ability of factory workers to make faster, smarter, more confident decisions helped one CNC Swiss shop to gain almost 20-percent improvement in machine usage in the first year of use.

Although some shops have been hesitant to embrace machine monitoring, the goal of MachineMetrics is to ease the implementation and transition process with a simplified integration. We published an article that discusses the advantages of incorporating these processes into a shop. Click here to read, “Moving Toward a Smart Factory with Manufacturing Analytics.”

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