‘EcoAxis Technology Strategy Is Architected Around Industry 4.0 Technologies’
With EcoAxis’ SuperAxisTM, manufacturers are now able to identify opportunities based on preventive, proactive, and predictive alerts, resulting in significant operational efficiency and savings, says Rakesh Vangara, Deputy General Manager- EcoAxis, A.T.E. Group.
How does SuperAxisTM seamlessly integrate data acquisition, IoT communications, and Big Data analytics to enhance operational efficiency in industrial and facilities applications?
The biggest challenge to enhance operational efficiency for manufacturers is the lack of actionable insights based on accurate data acquired from their equipment.
EcoAxis’ SuperAxisTM includes digital enablement of equipment with instruments and sensors, if not available already; data acquisition via an IoT gateway that supports all industrial protocols, PLCs, DCS, and SCADA; data analytics using business and Artificial Intelligence to identify savings opportunities and domain expertise to identify root cause and suggest corrective action.
Manufacturers are now able to identify opportunities based on preventive, proactive, and predictive alerts that they were previously unaware of due to limited and sometimes inaccurate data, resulting in significant operational efficiency and savings.
What specific benefits do EcoAxis solutions provide in terms of operational productivity and energy efficiency for industrial and facilities clients?
The specific benefits provided by EcoAxis are –
Reduce Carbon Footprint
With data-driven, actionable insights, you’ll unlock the full potential of your operations, reduce your carbon, water, and material footprint, and realize significant cost savings.
Achieve Operational Excellence
Real-time role and function-based analytics, set performance benchmarks, continuously track KPIs & compliance, alerting your plant operator with corrective actions on their mobile, in real-time.
Attain Real-Time Visibility into Operations
Increase efficiency and reduce downtime through access to critical process parameters, production infrastructure data, and real-time visibility into issues – even remotely on any device, anywhere.
What unique value propositions does EcoAxis offer to OEMs, equipment rental companies, BOO/O&M service providers, ESCOs, and CDM project owners?
EcoAxis is uniquely positioned to deliver significant business value to its customers relative to competition because:
- Business model – Subscription-based service delivery avoids significant upfront capital investment for licensing and development while allowing flexibility to scale based on business priorities over time
- End-to-end capabilities – Automation, data acquisition, IoT gateway, data analytics based on business and Artificial Intelligence, and domain expertise alleviating the need for the customer to coordinate with multiple technology providers
- Out of the box, ready-to-use products – Plug-n-play capabilities enable quicker execution, reduce cost compared to custom solution development, and zero investment in additional IT infrastructure and resources
- Equipment and OEM agnostic – Single platform to integrate any equipment type regardless of make and model
- Domain expertise – Benefit from decades of domain expertise built into the product and services
What are EcoAxis primary growth strategies for expanding its market presence and customer base in the industrial and facilities sectors over the next few years?
Manufacturers globally are today facing increasing pressure from all their stakeholders -policymakers, investors, bankers, shareholders, customers, and employees – to achieve growth that is environmentally friendly and sustainable. This presents a significant market opportunity that EcoAxis is singularly poised to take advantage of for the following reasons:
- EcoAxis technology strategy is architected around Industry 4.0 technologies which are foundational to the upcoming fourth industrial revolution.
- EcoAxis product strategy has been market and equipment agnostic enabling access to a large market.
- EcoAxis business strategy is rooted in a healthy balance between organic growth targeting marquee customers and inorganic growth via partners to scale revenues.
