Software AG helps automate OEE calculation with new app for Cumulocity IoT
Darmstadt, Germany - Software AG (Frankfurt MDAX: SOW), has today launched an app to automate Overall Equipment Effectiveness (OEE) calculation for its Cumulocity IoT platform. The new app will enable manufacturers of any size to collect and process key data as it’s created and quickly understand production effectiveness. By monitoring production line availability, performance and quality, organizations can be more responsive to inefficiencies in their operations, enabling them to avert problems and capitalize on opportunities to be more effective.
The Cumulocity IoT™ Overall Equipment Effectiveness app helps collect and analyze data from sensors in the manufacturing process, from heavy production machinery to painting and finishing. This data is integrated, analyzed and represented as an effectiveness score (a percentage of target). Companies have been able to calculate their OEE for many years, but many of these processes are based on manual data collection and analysis. In many cases reports are produced on a daily basis. The new OEE app from Software AG aims to provide reports as frequently as every minute, helping organizations to identify problems or opportunities in time to react effectively to them.
Dr Stefan Sigg, CPO at Software AG, commented: “Whether we’re talking about spotting problems that will cause faulty products – and therefore waste – or identifying over/under utilization of equipment, the effectiveness gains that companies can make through OEE are significant. Until now, real-time OEE has been the domain of very large manufacturers who spend hundreds of millions on large MES implementations. The new Software AG app is a free addition to the Cumulocity IoT platform, so companies of any size can use it across production processes and machine manufacturers. Becoming more efficient in manufacturing is a key goal not just for the businesses themselves, but also for global supply chains and sustainability initiatives.”
Martin Preiss, head of digital innovation and services at DVS Technologies, added: “We have started using the OEE product and so far the experience has been excellent. It integrates easily and completely into our operations and the Software AG team has been great. We’re looking forward to establishing a more insightful and outcome driven data loop in our business.”
The recent Forrester Wave™: Industrial IoT Software Platforms, Q3 2021, which positions Software AG as a leader, highlights the importance of a strong foundational platform that allows applications to be built on top of it. “These applications are important, as they’re what frontline workers in asset-intensive industries use to realize value in their roles, calculating overall equipment effectiveness (OEE), monitoring KPIs, or predicting when critical components are likely to fail.”
Cumulocity IoT customers can try the new OEE app for no extra cost through the Cumulocity IoT app store. A pay-per-use model applies for those who chose to fully deploy. It is also available for smart equipment makers to embed into their machinery at the production stage, to better differentiate and increase the value to their customers. It can be set up to begin seeing results within a matter of days in some cases. To try the app, you can request a demo here.
About Software AG
Software AG is the software pioneer of a truly connected world. Since 1969, it has helped 10,000+ organizations use software to connect people, departments, systems and devices. Software AG empowers truly connected enterprises using integration & APIs, IoT & analytics and business & IT transformation. Software AG’s products establish a fluid flow of data that allows everything and everyone to work together. The company has more than 4,700 employees across more than 70 countries and annual revenue of over €800m, with the aim of exceeding €1bn by 2023.