Optimal+, vendor of big data analytics for semiconductor and electronics manufacturing operations, announced Tuesday that it has joined the Industrial Internet Consortium (IIC), the global, member-supported organization that promotes the accelerated growth of the Industrial Internet of Things (IIoT).
Membership provides Optimal+ opportunities to engage and contribute to innovation, best practices and evolution initiatives the industrial internet is achieving.
Optimal+ offers big data software solution that focuses on leveraging product analytics to improve yield and quality metrics in semiconductor and electronics manufacturing operations. With the company entering the era of the Internet of Things and the smart manufacturing processes of Industry 4.0, achieving the highest quality standards without compromising time-to-market becomes an increasing concern for semiconductor and electronics brand owners.
“The Industrial Internet of Things (IIoT) will have a tremendous impact on industries worldwide. The application of smart manufacturing, combined with the collection and analysis of in-use/field stage data, will deliver powerful insights to brand owners and enable them to achieve dramatic improvements in manufacturing operations,” said David Park, VP of worldwide marketing, Optimal+. “Optimal+ is pleased to join the IIC and looks forward to working with the organization to enable brand owners and their suppliers to measurably improve operational performance and product consistency across the global supply chain.”
“With the explosion of IoT devices entering the market, high-quality solutions are critical to electronics and semiconductor manufacturers, especially those outfitting autonomous vehicles,” said Dr. Richard Soley, executive director, Industrial Internet Consortium. “Optimal+ expertise is a welcome addition to the Industrial Internet Consortium as we further the growth of the industrial Internet.”
From October 2015 through October 2016, Optimal+ analyzed more than 50 billion devices on behalf of its customers. An internal study of customer quality, yield and productivity improvements identified during this timeframe were used to calculate the total cost savings enabled by the company’s products.
Collectively, the company’s products and services enabled customers to save over US$250 million during this 12-month period. Further analysis also identified that customers were making better enterprise-wide decisions resulting from the increased supply chain visibility provided by the Optimal+ big data infrastructure.