AI revolutionizes Production IT

MPDV explains trends for 2020

ID: 1555203
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(PresseBox) - The technological impact on manufacturing IT applications has increased enormously. Artificial intelligence (AI) in particular improves the opportunities offered by production IT and also creates new fields of application. There will be many new AI solutions in 2020 - also from MPDV.

Analysis and Predictions

A predestined field of application for AI is the analysis of historical data and the prediction of events and results based on this data. MPDV started with Predictive Quality in 2019, and the provider of production IT will continue with the Setup Time Prediction in 2020. The analysis of training data for influential factors also has a key role to play here.

AI based Production Planning

The production planning also benefits from the opportunities of artificial intelligence. In 2020 MPDV will introduce the product "Cognitive Planning and Optimization" to the market, which is based on reinforcement learning. You can use the product to significantly enhance the planning of complex order scenarios. The advantage over previous automatic planning tools is that considerably more influential factors and constraints can be considered and planning results will improve.

Automated Data Science

In 2020, it will become apparent, particularly in the field of modeling, which AI systems are capable of independently processing historical data used for modeling. As part of the preparation for the actual model creation, this includes not only data synchronization but also unsupervised anomaly detection, i.e. the automated detection of outliers and their correction. This process model is also known as Automated Data Science and enables MPDV users to achieve cost savings of up to 80 percent compared to today''s manual approach to data preparation, according to CRISP-DM for example.

MPDV, headquartered in Mosbach/Germany, is the market leader for IT solutions in the manufacturing sector. With more than 40 years of project experience in the manufacturing environment, MPDV has extensive expertise and supports companies of all sizes on their way to the Smart Factory. Products such as MPDV''s Manufacturing Execution System (MES) HYDRA or the Manufacturing Integration Platform (MIP) enable manufacturing companies to streamline their production processes and stay one step ahead of the competition. The systems can be used to collect and evaluate production-related data along the entire value chain in real time. If the production process is delayed, employees detect it immediately and can initiate targeted measures. More than 800,000 people in over 1,250 manufacturing companies worldwide use MPDV''s innovative software solutions every day. This in-cludes well-known companies from all sectors. The MPDV group employs around 480 people at 13 locations in Germany, China, Luxembourg, Malaysia, Singapore, Switzerland, and the USA. Further information: www.mpdv.com.





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MPDV, headquartered in Mosbach/Germany, is the market leader for IT solutions in the manufacturing sector. With more than 40 years of project experience in the manufacturing environment, MPDV has extensive expertise and supports companies of all sizes on their way to the Smart Factory. Products such as MPDV''s Manufacturing Execution System (MES) HYDRA or the Manufacturing Integration Platform (MIP) enable manufacturing companies to streamline their production processes and stay one step ahead of the competition. The systems can be used to collect and evaluate production-related data along the entire value chain in real time. If the production process is delayed, employees detect it immediately and can initiate targeted measures. More than 800,000 people in over 1,250 manufacturing companies worldwide use MPDV''s innovative software solutions every day. This in-cludes well-known companies from all sectors. The MPDV group employs around 480 people at 13 locations in Germany, China, Luxembourg, Malaysia, Singapore, Switzerland, and the USA. Further information: www.mpdv.com.

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Date: 01/13/2020 - 08:30
Language: English
News-ID 1555203
Character count: 3675
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Firma: MPDV Mikrolab GmbH
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Mosbach
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