Predictive Industry Analytics
As technology improves predictive analytics is coming of age. There have been forecasts that suggest that businesses will spend more on analytics in 2015 than on ERP and other resource applications.
Initially, when solutions could only inform of asset failure, the objective was to generate pre-emptive alarms. However the alarm horizons were short and it was difficult to take suitable actions in the available time. Now, the quality of operational technologies (OT) and sophisticated algorithms, or rules, are allowing us to look increasingly further forward.
Our’ Out of the Box’ industry analytics solutions enables analysis and prediction of impending operational events. It can be configured to suit individuals’ needs and responsibilities; and can provide – to their mobile device – clear graphical analysis of the situation or recommend contingent actions.
‘Showing you where to look and what to do next‘