Austin, TX – September 30, 2020 – Critical Manufacturing, an ASM PT company, received a 2020 GLOBAL Technology Award in the category of Software – Production for its IoT Manufacturing Data Platform. The award was announced during a Virtual Award Ceremony on Tuesday, Sept. 29, 2020. The manufacturing data revolution is coming and the groundbreaking new platform will officially be released on Nov. 17, 2020.
In the Industry 4.0 revolution there is a huge asset at the center of it all: data. With the Industrial Internet of Things (IIoT) and low cost, miniature electronics, manufacturers have more data than they can handle about manufacturing processes, products, and equipment, but not everything has value. Indeed, it is estimated that 60 percent of data loses its value a mere millisecond after it is created and 65 percent of data is termed ‘dark data’, meaning it is collected, processed and stored, but never used to derive insights. The challenge is to not just collect data, but to maximize the benefits of that data and the intelligence it holds to create valuable insights for today and tomorrow.
Manufacturers have unique needs that cannot be met with generic IoT platforms, and a new data platform approach is required. This is not just for IoT data alone but to store, analyze and process data from a huge variety of data sources. Critical Manufacturing has created the first manufacturing data platform that combines IIoT, Manufacturing Execution System (MES), Equipment Integration and advanced processing and analytical tools with a common MES data model, allowing smoother integration between siloed systems, and the ability to handle machine learning models and big data, both structured and unstructured.
It comprises five main elements: Edge processing, ingestion, data brokering, batch and stream data processing, and data serving and output. In the unique process, data from many sources such as edge devices, equipment, process data, ERP is enriched with MES contextual data to provide a dramatic accelerator for the future of manufacturing insights and competitive advantage.
“ We’re extremely pleased to have won this prestigious award, which validates our vision of providing manufacturers with a powerful IoT Data Platform. Combined with our modern MES, the platform goes beyond big data management, enabling advanced technologies such as machine learning and artificial intelligence to dramatically increase the value of data.”
The GLOBAL Technology Awards have recognized the very best new innovations in the printed circuit assembly and packaging industries since 2005. The prestigious awards contest has been bringing together the global SMT and advanced packaging industry in a celebration of the companies and people that are achieving the highest standards and driving our industry forward. For more information, visit www.globalsmt.net/awards.
Critical Manufacturing Augmented MES helps Electronics manufacturers to continuously improve process capability and manage capacity and quality, while driving down the cost and errors associated with manual approaches. For more information, visit www.criticalmanufacturing.com.
Critical Manufacturing provides the most modern, flexible and configurable manufacturing execution system (MES) available. Critical Manufacturing MES helps manufacturers stay ahead of stringent product traceability and compliance requirements; reduce risk with inherent closed-loop quality; integrate seamlessly with enterprise systems and factory automation and provide deep intelligence and visibility of global production operations. As a result, customers are Industry 4.0 ready. They can compete effectively and profitably by easily adapting their operations to changes in demand, opportunity or requirements, anywhere, at any time. For more information, visit www.criticalmanufacturing.com.
As a global technology and market leader, ASMPT (HKEX stock code: 0522), develops and provides leading edge solutions and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial, LED and alternative energy. Our continuous investments in research and development help to provide our customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.
Listed on the Hong Kong Stock Exchange since 1989, ASMPT is currently one of the constituent stocks on the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Hong Kong 35 Index and the Hang Seng Global Composite Index. To learn more about ASMPT, please visit our website at www.asmpacific.com.