Problem definition
The problem of managing manufacturing data throughout the product lifecycle is complex and challenging. Businesses need to keep track of a wide range of information, including the machine’s specifications, maintenance history, ownership history, and quality control data. This information can be difficult to track and manage, especially for businesses with large fleets of machines. Some of the specific challenges that businesses face are:
- Data silos: Data is often stored in silos, making it difficult to access and analyze.
- Data quality: Data quality is a major challenge, with many businesses struggling to ensure that their data is accurate, complete, and consistent.
- Data integration: Integrating data from different sources can be difficult and time-consuming.
- Data security: Data security is a major concern, as businesses need to protect their sensitive data from unauthorized access.
These challenges can lead to a number of problems, including:
- Increased downtime: Machines may fail more often due to lack of visibility into their condition.
- Reduced efficiency: Maintenance schedules may not be optimized, leading to wasted time and resources.
- Decreased quality: Product quality may suffer due to lack of visibility into the manufacturing process.
- Non-compliance: Businesses may fail to comply with industry regulations and standards due to lack of visibility into their data.
What we offer
The Machine Passport is a new platform that will revolutionize the way manufacturing data is stored, shared, and analyzed. It is a secure, digital record of all of a machine’s information, including its specifications, maintenance history, ownership history and quality control data. This information is accessible to all authorized parties, including the machine’s owner, operator, and maintenance provider.
The Machine Passport allows real-time data sharing between different machines and devices. This data is then analyzed using robust AI techniques, such as explainable AI, to provide insights into the manufacturing process and identify potential problems.
The Machine Passport offers a number of benefits to businesses, including: Reduced downtime, Increased efficiency, Improved compliance and Improved quality.
Impact
Machine Passport can have a positive impact in at least 2 areas of the UN’s Sustainable Development Goals which can be translated to positive ESG metrics for the companies that use our solution.
