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Tag Archives | Actionable data

Get actionable data as fresh as today’s news

I was gathering some recyclables up at home this weekend and I picked up a newspaper from May 14, 2016 – exactly one month old. Something compelled me to open it up and page through it: national election updates, stock market prices, sports updates, international events.

Everything in that paper was now outdated and surpassed by more recent events. It was completely useless for me today.

How many businesses run their operations using month old data? Compile a month’s worth of data (after waiting for two weeks to get it entered), review, reconcile, publish. By then you are looking at data which is up to 6 weeks old! It’s too late to fix any problems. How much money and productivity are lost and resources wasted because we are using outdated information to manage our companies? I call this “Management by Old Newspaper”.

We developed Wave7 to eliminate the old newspaper style of management. Wave7 monitors the health and performance of assets in real-time. You can monitor equipment performance up to the minute, evaluate and assess it, and adjust tomorrow’s plans as needed. And with our predictive analytics engine, you can take preventative action regarding an impending problem, as Wave7 will alert your team immediately so they can respond before the downtime event.

One of our customers has assets all over the world. Once in a while they would have a ‘situation’; a bad situation that would result in lost production. “What happened? Why did it happen? And why am I finding out 3 weeks later?”

Now, with Wave7 installed on each asset, the customer can monitor the assets in real time from his smartphone, wherever he is and wherever the assets are. Now, when a ‘situation’ happens he is notified immediately; Wave7 sends him a text message. Using our event-driven DVR feature, he can replay the event to see exactly what happened in the minutes leading up to, and right after, the event. Working with his team, they can quickly assess the situation and develop a recovery plan.

Wave7 Easy Actionable Data Wave7 makes condition monitoring easy. In a world of complicated historians, transaction managers and enterprise-wide solutions, we are the Easy Button. Start with one asset and grow from there, adding assets as it makes sense. There is zero infrastructure required, so the starting costs are low.

Contact Wave7 today to cover your assets, and ride the Wave!

Real-time, Actionable Data at a More Affordable Cost

wave7-ipad-200x160Concept Systems works with manufacturers in many different industries. And while they each face different automation challenges, there are some striking similarities.

One thing we see in common, especially with directors and executives, is the desire to have actionable data presented in a clear and concise dashboard. They want to be able to see instantly how a machine, a production line or an entire manufacturing floor is performing.

Often companies gather data after the fact – at the end of a shift, week or month. But that doesn’t allow managers to make decisions and corrections when they matter most. Companies that have easy access to real-time performance metrics can make timely decisions that have a direct impact on the bottom line.

Software providing this kind of information has been available for a while, but it typically has been offered via a large enterprise-wide platform. Concept Systems is excited to announce that this is about to change. Concept is proud to introduce Wave7’s Starter Kit, a powerful real-time performance data interface offered at a far more affordable price point.

Concept Systems’ sister company Wave7, has developed a software appliance that resides on top of a machine center control system, and provides Key Performance Indicator dashboards to Web-enabled computers or tablets and smartphones. The appliance has been designed to fill a visible need in the market – especially for small to mid-size organizations that are looking for lower cost and quick deployment.

To learn more about Wave7’s Starter Kit or to discuss some of the many ways Concept Systems is working with our clients to address their automation and business challenges, CONTACT US HERE.