Operational Analytics
Sensors, wireless technologies and the internet of things allow monitoring a wide range of variables: from a continuous performance of every piece of equipment to every nuance of procurement, supply chain management and other processes.
Within operational analytics, we distinguish industrial data analytics and business process analytics
Routinely collected and analyzed, operational data allows companies to:
- Identify, measure and manage risks related to machinery downtimes.
- Detect a pre-failure condition of machinery or identify a damaged product instantly thanks to real-time analytics.
- Optimize asset management by predicting possible breakdowns and practicing proactive maintenance, as well as regulating capacity utilization.
- Improve product/service quality.