Do you know what goes on your shop floor in real-time? Do you know how efficient your machines are? Do you know what the main sources of downtime and overall equipment efficiency (OEE) are? Do you know where you stand relative to your competitors? Do you want to know how to successfully implement Industrial IoT and Industry 4.0 technology at your facility?
With thousands of different machines and control types, understanding and benchmarking CNC machine performance has been a unicorn of sorts for manufacturing analysts. No business has had the capabilities to connect to all machine types and aggregate a data set with statistical significance to accurately benchmark true machine performance…until now. For the first time, MachineMetrics will be sharing insights from their real-data driven benchmarking reports on machine performance, an industry first for the machine tool industry. The release of this new capability allows customers to understand their machine performance relative to their peers that can be segmented by type of machine and industry. This presentation will also be discussing Industrial IoT, Industry 4.0, manufacturing analytics, predictive maintenance, and how to apply the latest and greatest technology to your operation.