PDM Technology Provides Strategic Differentiator in Competitive Markets
Summary
Although their June 2011 study focused on five industry segments, McKinsey & Company underscored the untapped benefits of “big data” to all sectors due to the potential for newly discovered variability, automated information synthesis and decision-making, among other factors.Control Station helped form Aware Technology in 2011, and it has been applying PDM within the process manufacturing sector to anticipate the failure of critical production equipment.Although their June 2011 study focused on five industry segments, McKinsey & Company underscored the untapped benefits of “big data” to all sectors due to the potential for newly discovered variability, automated information synthesis and decision-making, among other factors.Control Station helped form Aware Technology in 2011, and it has been applying PDM within the process manufacturing sector to anticipate the failure of critical production equipment.Florida Atlantic University deployed PDM as part of a National Science Foundation Industry/University Cooperative Research Center (NSF I/UCRC), Center for Advanced Knowledge Enablement (CAKE) program to establish novel insights into the management of their LEED® Platinum certified engineering building.ChemStaff and MARS are deploying PDM to improve safety and operations in nuclear power plants in the US and China, respectively.“Manufacturing facilities are overflowing with data yet most lack the ability to interpret it,” commented Dennis Nash, Control Station’s President.