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Manufacturing Technology Insights | Tuesday, August 10, 2021
Manufacturing Intelligence (MI) has a checkered history in the manufacturing software sector. New solutions collect valuable data that can now be collected in near real-time. Data displayed is more useful to those who view it, and enhances the decision-making process.
Fremont, CA : Everyone should have manufacturing intelligence. Everyone, after all, wants to act intelligently. Manufacturing Intelligence (MI) has a checkered history in the manufacturing software sector. MES (Manufacturing Execution System) providers began using the term MI in the 1990s as a way to differentiate themselves. As a result, manufacturers should now rely on MI as a highly specialized decision support tool.
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In fact, all MES applications had shop floor control, critical work management tools, and the ability to execute these plans, as well as other features. It was a time when MES software was complex, expensive, hard to manage, and difficult to manage, especially in multisite, large-scale manufacturing environments.
Manufacturers' Intelligence: The Next Generation
Manufacturers' intelligence tools used to be limited to simple dashboards that displayed manufacturing data collected from the shop floor. New solutions, on the other hand, collect all the valuable data that can now be collected in near real-time from a much wider range of processes, equipment, and applications.
In addition to being visually appealing, the data's depth is now far greater than what has thought possible just a decade ago. This is especially true when you add in advanced business analytics capabilities that can perform highly robust regression and extrapolation models.
Keep these three key attributes to choose a product to consider are analytics capabilities that are rich, dashboards and reporting tools that are pre-configured, and contextualization of data specific to manufacturing.
Thus, the data displayed is more useful to those who view it, and – more importantly – enhances the decision-making process, enabling shop floor workers to react more quickly and effectively. In a manufacturing environment, this type of solution is easier to implement due to its shorter time-to-value than generic business intelligence (BI) tools.
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