WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Internet Security Tuesday, May 17, 2022 
Add Press Release News | News Feeds Feeds | Email This News Email


ThinkIQ Enhances Platform for Continuous Intelligence for Supply Chain and Production Optimization
Wednesday, January 26, 2022

ALISO VIEJO, Calif., Jan. 18, 2022 /PRNewswire/ -- ThinkIQ, a pioneer of digital manufacturing transformation SaaS, today announced major enhancements to its platform to provide more capabilities geared towards Continuous Intelligence for supply chain and production optimization within material centric manufacturing.

ThinkIQ is the first platform-based Continuous Intelligence solution in the market and can be operationalized at many levels - from supply chain, product quality, process improvement, and any time-sensitive process enhanced by the ability to respond to what's happening right now throughout the entire manufacturing process. Analytics are woven directly into operational processes that can take or trigger actions when specific conditions are met. This ranges from time-sensitive alerts that guide employees on what to do next, to fully automated processes that trigger downstream actions without human intervention.

Continuous Intelligence closes the gap between what is happening in your operations now and the information and insights available. This accelerates how effectively people and processes respond to rapidly changing conditions.

With ThinkIQ, manufacturers are able to collect, analyze, and share information in a way that was not previously possible. ThinkIQ combines the capabilities of continuous ingestion of data with a well-defined model that fits manufacturing and their supply chains, achieving the goal of having current data with meaning. The latest release includes a number of new features, including:

    --  The ability to close the loop from the edge to the cloud where AI can be
        done, and back to the edge where actions can be taken. This is a key
        step to enabling the autonomous self-driving supply chain.
    --  Several modeling enhancements including automatic propagation of model
        configuration information which enables adoption of corporate standards.
    --  Attributes on organizations and places. This is critical for continuous
        roll up of corporate, business-unit, and plant KPIs. ThinkIQ supports
        rollup of any KPI, including operational, environmental, safety, and
        financial metrics.
    --  Strengthening of ThinkIQ's GraphQL API for stronger integration with
        third party applications.
    --  A new Model Browser that makes it easy to find anything anywhere in the
        model.
    --  New expressions for attributes for simple and weighted moving average.
        The expressions take into account how the interpolated data between the
        recorded points shall be interpreted and do not require that the data
        input stream is evenly sampled in time.
    --  Improved robustness and performance of our on-premises gateways and
        connectors.
    --  Cyber security enhancements according to our SOC 2 compliance program.

"The supply chain has been in disarray since the pandemic started, and accurate materials tracking is more important than ever before for manufacturers," said Niels Andersen, CTO and CPO of ThinkIQ. "With our enhanced Continuous Intelligence solution, our customers can respond and adapt their manufacturing processes automatically based on ever-changing conditions leveraging contextualized, time-sensitive data."

ThinkIQ's SaaS Manufacturing cloud-based platform simplifies the creation of web-based applications and leverages the strengths of the Internet of Things, Big Data, Data Science, Semantic Modeling and Machine Learning. The platform collects data across the operation (existing and IIoT sensors) to provide actionable real time insights (e.g., identify correlations and root causes, traceability and yield issues, etc.). It creates a new level of capability beyond what independent disconnected operating environments can provide today.

To learn more about ThinkIQ, visit our website.

About ThinkIQ
ThinkIQ
, a pioneer of Digital Manufacturing Transformation SaaS, delivers unprecedented material traceability and insight into ways to improve yield, quality, safety, compliance and brand confidence. Our transformational intelligence platform delivers fact-based granular and data-centric contextualized view of material flows and related provenance attribute data that integrates into existing IoT infrastructures and crosses supply chains to Smart Manufacturing processes and beyond. Our customers have saved $10's of millions by identifying waste and underperforming assets, as well as reducing warranty reserves for quality and safety issues. ThinkIQ is a privately held company headquartered in Aliso Viejo, CA.

Media Contact
Christian Morley
Lumina Communications for ThinkIQ
thinkiq@luminapr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinkiq-enhances-platform-for-continuous-intelligence-for-supply-chain-and-production-optimization-301461718.html

SOURCE ThinkIQ



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Modern on-demand security provider Snapt recognized at STEVIE® American Business Awards® 2022 | May 17, 2022
Nav SaaS Awards Close for Entries Next Week | May 17, 2022
Nav Mercury Broadband Announces the Introduction of New "Smarter Internet" Managed Office Solutions for Rural Small and Medium Sized Businesses | May 17, 2022
Nav Global Train Control Management System Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts | May 17, 2022
Nav Morphisec Appoints Rudolfo 'Rudy' Cifolelli as Chief Revenue Officer | May 17, 2022
Nav Worldwide Unified Endpoint Management Industry to 2030 - Players Include Cisco Systems, Micro Focus and Adobe Among Others | May 17, 2022
Nav Insights on the Automotive Robotics Global Market to 2027 - by Product Type, Component Type, Application, End-user and Region | May 17, 2022
Nav China Telecom Americas Leads Secure Global Connectivity With MANRS-Conformant Networks | May 17, 2022
Nav Recorded Future Arms Defenders With the Most Complete Intelligence Purpose-Built for Action | May 17, 2022
Nav Worldwide Warehouse Robotics Industry to 2027 - Featuring Fetch Robotics, Honeywell International and Siemens Among Others | May 17, 2022
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News