Frost & Sullivan Pick Memex Automation
M2M Daily – November 6, 2013. Memex Automation, [TSX-V:OEE], is a market leader of machine to management (M2M) communications, leading the Internet of Things for manufacturing, where machines of all types connect to management and objectively tell the humans how to increase production and income from operations. While it is estimated by ABI Research that 30 billion devices will be linked on the Internet by 2020, Memex is focused on a 64 million-machine slice of that market, the tier 1 to tier 3 manufacturing sector, globally. These segments of the discrete manufacturing sector require a wide range of applications, such as automotive, aerospace, piping, precision machining and defense manufacturing.
Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan recognizes Memex Automation [TSX-V: OEE] with the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship product, Manufacturing Execution Real-time Lean Information Network (MERLIN). MERLIN is an integrated hardware and software product suite that enables lean manufacturing through management and monitoring of equipment efficiency. MERLIN pinpoints bottlenecks in machine cells in real time, allowing plant operators to extract optimum efficiency from each manufacturing process. MERLIN, shows the production management team how to increase productivity using the same equipment, labor and time. It delivers machine monitoring metrics as overall equipment effectiveness (OEE). MERLIN can be used with highly automated lines, such as robotic systems, or with legacy machines, helping lean teams root out process inefficiencies and human errors.
MERLIN bi-directionally connects the equipment on the shop floor with any enterprise resource planning (ERP) software. It can be easily integrated and installed using Microsoft standard software tools and an MS-SQL enterprise database, which can be mined enterprise-wide, and its data uploaded to other business intelligence tools.
MERLIN provides unrivaled value by increasing customers’ productivity levels and simultaneously reducing their downtime. Most customers report a 20 per cent to 50 per cent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 per cent.
Most importantly, Memex Automation is able to price its products almost 150 per cent to 200 per cent lower than the other competing products. This is made possible by MERLIN’s adoption of standardized machine-to-machine (M2M) communication protocols and software based on reliable database technologies.
Frost & Sullivan stated in its summation of MERLIN: “We are of the opinion that Memex Automation’s MERLIN solution is the best solution currently available on the market for the efficient management and monitoring of equipment efficiency in the manufacturing sector, equipping customers to best achieve their goals of reducing their operating costs by adopting standard M2M communication protocols.”
Memex Automation CEO, David McPhail believes, “if you can measure it you can manage it.” MERLIN enables companies to monitor and manage asset utilization, measure productivity and labor utilization, as well as assess capacity utilization of machines, cells, assembly areas, and the overall plant.
Each year, Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry
Frost & Sullivan presents the award for Technology Innovation and Leadership to the company that has demonstrated uniqueness in developing a technology that significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.
About Memex Automation, Inc.
Memex Automation [TSX-V:OEE] is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations. Since 1992, Memex has partnered with 280 dealers worldwide to provide a variety of manufacturing connectivity products and services to over 12,000 customers globally. For sales information, call +1 (905) 635-1540, email firstname.lastname@example.org, or visit http://www.memex.ca
(submission from Memex Automation with content from the Frost & Sullivan announcement: “Memex Automation Receives Top Honors from Frost & Sullivan for its Cutting-Edge Lean Manufacturing Tool, MERLIN”)
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