ThinkIQ Announces Enhancements to Manufacturing SaaS Platform

ThinkIQ, a provider of digital manufacturing SaaS solutions, recently announced added functionality to its SaaS Manufacturing platform. This new release adds product enhancements, which include UI components that allows customers to build custom dashboards, simplified analysis of time series data and reusable type systems that help to accelerate deployment.

The new added functionality adds to ThinkIQ’s platform which delivers fact-based granular and a data-centric view of material flows and related providence attribute data. The platform integrates into existing IoT infrastructure to help manage everything from supply chains to manufacturing processes.

“Most manufacturing systems are transactional in nature, which creates a disconnect between the transactional information systems and the real-life continuous nature of the processes,” said Niels Andersen, CPO of ThinkIQ. “This has limited manufacturers’ ability to analyze operations and find opportunities for improvements. Traditional data lakes do not structure manufacturing data in a reusable schema that is easy to analyze, which results in a vast amount of custom code being written for every analytics scenario where every dashboard has to be created from scratch.”

The new features include:

• Consistently Analyze Sensor Data – ThinkIQ features an improved type and instance system model that provides additional meaning to sensor data, making it easier to build systems in a repeatable manner and consistently analyze the data across many production units.
• Dynamic Data Calculations for Continuous Intelligence – The upgraded product features a simplified approach to performing calculations on time series data while fully embracing the complexities of how sensor data must be processed. These ValueStream Expressions include manufacturing specific functionality such as material flow alignment of the data, interpolation algorithms and unit of measure conversion. ValueStream Functions are able to process time series data at its full resolution with no need to downsample or resample the data prior to performing calculations.
• User Interface (UI) – ThinkIQ features updated UI Components that allow people with simple web site development skills to build rich dashboards and user interfaces.

“The newest functionalities to our platform will allow our customers to achieve a more precise understanding of their manufacturing data which can be utilized to better fine tune their production execution,” said Mr. Andersen, CPO of ThinkIQ. “Our customers are continuing to push the boundaries of material traceability and we are committed to giving a holistic view of the supply chain process from farm to fork.”

ThinkIQ’s SaaS Manufacturing cloud-based platform simplifies the creation of web-based applications and leverages the strengths of the Internet of Things, Big Data, Data Science, Semantic Modeling and Machine Learning. The platform is able to collect data inputs across supply chain and analyze with AI, ML to identify correlations and root causes. It creates a new set of value-added traceability data which is delivered with actionable insights and decisions to guide systems across the supply chain.

About ThinkIQ

ThinkIQ, a pioneer of Digital Manufacturing Transformation SaaS, delivers unprecedented material traceability and insight into ways to improve yield, quality, safety, compliance and brand confidence. Our fact-based granular and data-centric contextualized view of material flows and related provenance attribute data integrates into existing IoT infrastructures and crosses supply chains to manufacturing processes and beyond. Our customers have saved $10’s of millions by identifying waste and underperforming assets, as well as reducing warranty reserves for quality and safety issues. ThinkIQ is a privately held company headquartered in Aliso Viejo, CA.