DISCRETE MANUFACTURERS OF ALL SIZES SHARE A DATA PROBLEM: HOW TO MAXIMIZE VALUE FROM ALL THE INFORMATION THAT IS AVAILABLE ABOUT PRODUCTS AND SERVICES?
Read the printed version of this article from PECM (Process Engineering Control & Manufacturing) magazine here.
Information is recognized as a business asset that creates real value. The magnitude of information is continuing to increase driven by the proliferation of data from the internet of things (IoT).
Sharing product data in the enterprise in meaningful ways that unlock insight and support collaboration, efficiencies, and cost reduction is critical to expanding data’s worth. The more that data is shared and reused, the more value is extracted from it and the higher the benefits are for companies, such as being faster, better, and cheaper at producing products. However, there are many barriers when it comes to sharing data because companies have created siloed data sources that are difficult to find and access.
Today’s business problems are not about creating more data or buying additional expensive and complex technology, but rather accessing the existing business data and gaining insight. Over the years manufacturing companies have spent a fortune on expensive CAD, PDM, PLM and ERP systems without ever gaining the promised results. Just imagine if you could release the business value that is trapped in these applications and other key data sources like spreadsheets.
Disruptive technologies like Actify Product Data Intelligence can help liberate your enterprise data and increase results without the typical costs! Product Data Intelligence facilitates data visibility and data usability.
Having the maximum amount of information available to contextualize the current state of play allows managers to make the best decisions and improve business outcomes.
The associated benefits of Product Data Intelligence are illustrated above as a demonstration of value. Do not hesitate to contact us for more information and for a personalized demonstration of value for your organization.
Actify defines their technology as Product Data Intelligence because today’s Business Intelligence solutions do not understand product definition information or handle the types of files that are synonymous with engineering and manufacturing organizations.
Discrete manufacturers’ data is unique because the information assets include 3D models and 2D drawings where information is hidden within CAD files (dimensions, eBOM, PMI, GD&T, etc.)
Actify is passionate about using business intelligence to make manufacturing companies smarter by harnessing the product data trapped in all their data sources.
At Actify we provide a set of business solutions designed to support the creation, management, dissemination and collaborative use of product data (i.e. product definition information including BOM structures, CAD files, specifications, requirements, manufacturing instructions, etc.).
Many of today’s manufacturing companies store their data in line-of-business systems like PLM, ERP and Excel spreadsheets, but not everyone has access to these systems, and the user interface may be cumbersome for the casual user. Actify solves this challenge by enabling cross-department collaboration, data management and quick access to extended product data that can help make critical business decisions faster.
We believe that software tools can provide tremendous benefits especially for manufacturing companies, through the intelligent use of their available data and through automating mundane processes.