PRLog (Press Release) - Feb. 7, 2014 - vimana by System Insights was featured as one of the most important new platforms in the current issue of M2M NOW. vimana provides the industry’s first Big Data platform specifically designed for manufacturing. The article, authored by industrial journalist, Thomas R. Cutler, noted with the sudden interest in the Industrial Internet of Things (IIoT), manufacturing has finally received the attention it deserves. Even without the love of the technology companies, manufacturers were still able to produce amazing amounts of high quality products with incredible accuracy; there is a lot of room for improvement. According to Cisco, by 2017 there will be 1.7 billion wireless machine-to-machine (M2M) connections across the supply chain. They also estimate that smart factory technology can create US$1.95 trillion in value by 2022 by improving control, agility, and flexibility in the manufacturing processes. This is money saved by the industry because of more efficient practices; the improvement is a return on investment – which considers the cost of the technology.
The industry standard, MTConnect, has enabled us to move from an environment with a multitude of custom data sources to a common format and delivery mechanism. William Sobel, CEO of System Insights reported, “Using MTConnect, provides a read-only, secure, common transport and format for all manufacturing data from all devices, reducing the complexity and increasing the value that can be delivered by applications.”
To read the entire article, go to: http://www.m2mnow.biz/2014/01/30/18352-industrial-interne....
M2M Now magazine explores the evolving opportunities and challenges facing CSPs across this sector. The exclusive interviews pass on some key lessons learned by those who have taken the first steps in next gen Machine to Machine (M2M) services. With a circulation of 67,000 copies, it is available online and in print.
About System Insights
System Insights, (www.systeminsights.com) based in Berkeley, California, with offices in Chennai, India, is a leading global supplier of manufacturing software in both machining based, discrete and process industries. The SI flagship product - vimana - delivers predictive analytics solutions to improve clients’ efficiency, productivity, and profitability. vimana provides these data while enabling customers to realize sustainable manufacturing objectives. The vimana software platform delivers a unique combination of Cloud Computing and Big Data capabilities that sets out to revolutionize the economics of manufacturing. System Insights is a proud member of both AMT (Association for Manufacturing Technology) and NTMA (National Tooling and Machining Association). Follow System Insights on Twitter @systeminsights.
Get The Bar Code News once a month, once a week or once a day. Subscribe here.
Follow us on Twitter: https://twitter.com/TheBarCodeNews
Follow us on Facebook: https://facebook.com/TheBarCodeNews