SHANGHAI, CHINA – April 2021 – Critical Manufacturing, an ASM PT company, is pleased to announce that it was awarded a 2021 SMT China Vision Award in the category of Manufacturing Software for its IoT Manufacturing Data Platform. The award was presented to the company during a ceremony that took place on April 21, 2021 at NEPCON China in Shanghai.
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 all the data has value. Indeed, it is estimated that 60 percent of data loses its value within milliseconds of being 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 significant accelerator for the future of manufacturing insights and competitive advantage.
“We are delighted to accept this award, which recognizes our strategic focus on bringing the latest capabilities and technologies to market to enable smart factories for our customers. With increasingly intelligent sensors, devices and equipment, an Electronics plant can generate a staggering amount of data. Our latest IoT data management capabilities, combined with contextual data from our MES, allow manufacturers to harness the true value of their data to improve their speed of learning and drive real improvements in efficiency, quality and productivity.”
SMT China magazine launched the SMT China Vision Awards in 2007 to recognize both international and domestic providers of SMT equipment, materials, software and services that have made outstanding contributions to the rapid growth of China’s electronics manufacturing industry by their inventions and innovations.
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.
Critical Manufacturing, a subsidiary of ASM Pacific Technology, 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, our 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. 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 HangSeng 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 www.asmpacific.com