A new solution to help manufacturers reduce development time and increase speed to market has been launched by three leading industrial specialists.
PTC, Microsoft and Rockwell Automation unveiled ‘Factory Insights as a Service’ in front of tens of thousands of delegates at the virtual LiveWorx 2020 digital transformation, with the promise of giving companies unprecedented impact, speed and scale with their digital transformation initiatives.
The turnkey cloud solution harnesses FactoryTalk InnovationSuite, ThingWorx, Kepware, and Vuforia technology, whilst also leveraging Microsoft’s cloud, industrial IoT and edge services, including Azure IoT Hub and Azure IoT Edge.
This enables manufacturers across a variety of sectors to rapidly connect individual sites and implement projects across their enterprise network, covering real-time production performance monitoring, asset monitoring and utilisation, connected work cells and digital and augmented work instructions.
“‘Factory Insights as a Service’ offers our industrial customers a leaner, accelerated approach to digital transformation,” said Jim Heppelmann, president and CEO of PTC.
“The offering reduces reliance on IT and Operational Technologies resources, and, most importantly, takes a value-first approach allowing customers to save time and money by reducing the complexity they would typically undertake as part of an industrial internet of things (IIoT) implementation and digital transformation effort.”
In today’s digital-first environment, manufacturers require solutions that solve complex infrastructure issues, data accessibility challenges and reduced resources.
With ‘Factory Insights as a Service’, manufacturers can achieve a 90% reduction in development time and cost and as much as 90% faster time-to-value for the most critical high-value use cases underpinning industrial digital transformation.
“Simplifying and accelerating digital transformation initiatives for our clients is a fundamental driver for our alliances with PTC and Microsoft,” said Blake Moret, chairman and CEO of Rockwell Automation.
Jason Zander, executive vice president Microsoft Azure at Microsoft, concluded: “We believe in the power of collaborations to help manufacturing companies accelerate the delivery of value to their customers and unlock new business opportunities.
PTC www.ptc.com
