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Showing posts from July, 2023

The Ongoing Rise of the OEE Market and What It Means for Manufacturers

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According to one recent report   the global market for OEE (Overall Equipment Effectiveness) software isn't just growing. It's anticipated to touch a new level by as soon as the end of the year. It certainly makes sense, particularly as manufacturing businesses search for more precise ways to empower their continuous improvement efforts. Understanding in fine detail how you're doing in terms of quality, availability, and performance doesn't just show off which of your efforts are working - it singles out which ones could use a bit of work, too. Of course, all of this demands the question - is OEE software about to reach its saturation point in the manufacturing sector, or have we only just hit the tip of the proverbial iceberg in terms of what it can do and what it allows organizations to accomplish? All it takes is one look at what else is going on in the industry to see that all signs point very firmly towards the latter. The Prominence of OEE Software: Breaking...

What "Digital Twins" Mean for Machine Downtime Tracking

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When it comes to equipment downtime tracking, a manufacturer's number one goal will always be continuous improvement. No piece of machinery, regardless of quality, will go without the occasional issue for its entire lifespan. But as you learn more about what you're doing that isn't working, you can fix those issues to increase performance - thus getting the highest possible return out of your investment. That simple idea is at the heart of many emerging trends in the manufacturing industry, with digital twins being chief among them. They've become commonplace over the last few years thanks to the rise in smart manufacturing and they offer a number of distinct benefits that cannot be ignored. Why Digital Twins Are Becoming More Popular All the Time At its core, a "digital twin" is essentially a virtual model of not only the machines that are in operation on your factory floor, but the processes that control them. The goal is to collect as much data as you can i...