Industry/Technology: Business Optimization, IoT, Digitalization
Region – Asia
Founded: 2016
Technology: Industrial IoT, Predictive Maintenance, Digitalization
Industry: Manufacturing, Industrial Automation
Problem solving
ShopWorx's Production Monitoring and Insights solution helps manufacturers keep track of their production in real-time, making it easier to manage operations, reduce downtime, and improve overall efficiency.
How it works:
- Continuously tracks shop floor activities and displays real-time data for immediate issue identification and resolution.
- Machines send precise data automatically, ensuring accuracy and reducing errors.
- Analyzes operator performance and generates detailed quality reports for continuous improvement.
Value
- Efficiency: Automates data collection and analysis, reducing manual intervention and improving operational efficiency
- Accuracy: Ensures precise data capture and analysis, bridging the gap between shop-floor and top-floor operations
- Scalability: Offers horizontal scalability, supporting future shop-floor requirements with AI and ML integrations
- Cost Savings: Reduces downtime and maintenance costs, leading to significant savings and improved productivity
Achievements
- Over 150+ deployments across the globe.
- Customer Impact: Saved over $20 million for customers and monitored over 8 billion products, increasing shop-floor productivity by over 20%.
- Recognized by industry leaders and received the Frost and Sullivan’s IIoT Platform Technology award.