Cincinnati, Ohio-based Milacron Holdings Corp., an industrial technology company, announced the digital solution “M-Powered” based on a partnership with New York-headquartered ei3, a provider of applications for manufacturing. M-Powered offers a suite of Industry 4.0 services and predictive functions that uses advanced analytics and Artificial Intelligence to capture value from machine data to improve overall machine performance, such as availability, quality, uptime and more.
To match the growth, Milacron is tripling its work force for digital solutions to further monitor projects and provide proactive customer engagement. Milacron believes that all manufacturers should have access to the tools to make the best production decisions. M-Powered is fully customizable, agile and flexible intelligence software, designed to be intuitively used through analytical dashboards and reports to allow manufacturers to interpret problems and uncover opportunities to make optimal business decisions.
The dashboards include basic predictive, prescriptive and analytics capabilities for key Milacron machine components like Heater Bands, Hydraulic Pumps and Feed Screws. These predictions enable service teams to turn unplanned downtime into planned downtime, to improve machine availability.
ei3’s latest innovation in AI, through its dedicated Data Science center in Zurich, Switzerland, paves the way for new applications to support preemptive part stocking modules and expanded lifetime-tracking for mold, tooling and auxiliary components. Building on these capabilities, Milacron’s M-Powered is now able to interpret the data to determine impending failures, maintenance needs or incorrect recipe settings of the machine. Addressing those issues leads to reduced unplanned downtime and improved OEE.
Key production reporting features include:
- Real-time reporting of production information
- Integrates work orders, production orders, quality, downtime and process parameter results
- User configuration tools
- Automatic scheduled email delivery of configured reports to users and groups
- Variety of formats, including pdf, Excel and text
- Many standard reports available
- Custom reports can be created upon request
ei3 makes it easy to reap immediate benefits from one’s data set. Without much learning, investment or waiting for large sets of data to collect, a click of a button unlocks ei3’s extensive production reporting capabilities. Comprehensive reports give information on the status of operations, allowing one to see what is going on at an unprecedented level of clarity, and take decisions based on facts and figures rather than hear-say.
Each report can be adapted, from a content perspective and graphically, or one can define an entirely new report template. Reports can be browsed in HTML format online, sent automatically on a regular basis, or created when specific conditions warrant it – on trigger.
Any Milacron machine can be enhanced with ei3 AI capabilities in less than two weeks. This system will improve equipment productivity and any process ran on the machinery.
For more information, visit www.milacron.com and www.ei3.com.