Company provides big data analytics that delivers the ‘voice’ of the smart connected product
Big data analytics software company Optimal+ has announced its participation in the Industrial Internet Consortium (IIC). The global, member-supported organisation seeks to promote the “accelerated growth” of the Industrial Internet of Things (IIoT).
Optimal said its membership provides it with opportunities to engage and contribute to innovation, best practices and evolution initiatives that the industrial internet is achieving.
“With the explosion of IoT devices entering the market, high-quality solutions are critical to electronics and semiconductor manufacturers, especially those outfitting autonomous vehicles,” said Dr Richard Soley, executive director, Industrial Internet Consortium. “Optimal+ expertise is a welcome addition to the Industrial Internet Consortium as we further the growth of the industrial internet.”
Optimal+ claims to offer the only big data software solution in the market that focuses on leveraging product analytics to improve yield and quality metrics in semiconductor and electronics manufacturing operations.
From October 2015 through October 2016, the company analysed more than 50 billion devices on behalf of its customers. An internal study of customer quality, yield and productivity improvements identified during this timeframe were used to calculate the total cost savings enabled by the company’s products. Collectively, Optimal+ claims its products and services enabled customers to save more than $250m during this 12-month period.
“The Industrial Internet of Things (IIoT) will have a tremendous impact on industries worldwide,” added David Park, VP of worldwide marketing, Optimal. “The application of smart manufacturing, combined with the collection and analysis of in-use/field stage data, will deliver powerful insights to brand owners and enable them to achieve dramatic improvements in manufacturing operations.
“Optimal+ is pleased to join the IIC and looks forward to working with the organisation to enable brand owners and their suppliers to measurably improve operational performance and product consistency across the global supply chain,” he continued.
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