Manufacturing Magazine September 2015 | Page 22

Quantify how daily production impacts financial performance with visibility to the machine level
Service becomes strategic and a contributor to customers ’ goals by monitoring products and proactively providing preventative maintenance recommendations
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Quantify how daily production impacts financial performance with visibility to the machine level

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Service becomes strategic and a contributor to customers ’ goals by monitoring products and proactively providing preventative maintenance recommendations

Manufacturers are starting to look at the more complex products they produce as needing an operating system to manage the sensors onboard . These sensors report back activity and can send alerts for preventative maintenance . Big data and analytics will make the level of recommendations contextual for the first time so customers can get greater value . General Electric GE -4.00 % is doing this today with its jet engines and drilling platforms for example .
Big data and advanced analytics are delivering the missing link that can unify daily production activity to the financial performance of a manufacturer . Being able to know to the machine level if the factory floor is running efficiently , production planners and senior management know how best to scale operations . By unifying daily production to financial metrics , manufacturers have a greater chance of profitably scaling their operations .

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22 S eptember 2015