and present the industrial analytics results in a compelling and easily understandable formats. As analytics advances, more and more meaningful operational patterns will be detected, identified and reported as alerts, and automatically reported to operators. Machine operational efficiency can be monitored and optimized based on analytics results to improve manufacturing and operations while at the same time reducing the stress on operators.
The report also concludes that “analytics is no magic by itself—it requires a combination of obtaining the proper data at the proper time, applying the proper analytics algorithms and models which are guided by the necessary engineering domain knowledge from both the machine manufacturers, system integrators and the plant operators themselves.”
The report is available here.