Wednesday, October 11, 2017
Blue Star Chooses PTC's Thingworx IoT Platform for Industry 4.0 and Advanced Analytics
PTC has announced that Blue Star Limited, India’s leading air conditioning and commercial refrigeration company has selected the ThingWorx IoT Platform from PTC to monitor its factory operations to improve operational efficiency and factory quality.
Blue Star Limited fulfils the cooling requirements of a large number of corporate, commercial as well as residential customers. The Company also offers expertise in allied contracting activities such as electrical, plumbing, fire-fighting and industrial projects, in order to offer turnkey solutions, apart from execution of specialised industrial projects. The Company's mainstay of product development and R&D has been energy efficiency, coupled with eco-friendly and sustainable products.
Blue Star Limited was looking at improving its operational efficiency across its five modern manufacturing facilities in India. After an exhaustive due diligence process, during which various software vendors were evaluated, Blue Star Limited selected ThingWorx IoT Platform for its rapid application enablement, connectivity, machine learning capabilities, augmented reality, and integration with leading device cloud offerings.
Speaking on the partnership with PTC, Suresh Iyer, Chief Information Officer, Blue Star Limited said, “We look forward to a long lasting partnership with PTC through implementation of PTC’s ThingWorx IoT platform. We believe it will accelerate our transformation journey and improve operational efficiency of our factories in the country.” Iyer added, “With an objective to develop and produce products that meet the highest standards that Blue Star Limited is known for amongst customers in India, through PTC’s ThingWorx’s capabilities in IoT, Artificial Intelligence and Machine Learning, we strongly believe that we will be able to meet the highest quality standards in the industry, while also increasing our productivity with reduced product failures and unplanned downtimes, thus reducing our OPEX significantly. We intend to be one of the pioneers in operating smart connected factories in India.”
Kalyan Sridhar, Country Manager, PTC India said, “Blue Star Limited is constantly enhancing and transforming all its factories across India with latest technologies that improve various aspects of a manufacturing unit. With Blue Star Limited being powered by PTC’s ThingWorx IoT Platform, we believe that the company will be able to utilize the latest Industry 4.0 technologies and significantly improve their productivity, innovation, operational efficiency.” Sridhar added, “The major benefit that ThingWorx provides is reduced time to deploy, CAPEX and OPEX. We believe that, by leveraging ThingWorx, Blue Star Limited can deliver more robust solutions & serve their customers with preventive maintenance solutions.”
ThingWorx was purpose-built from the ground up for the Internet of Things. It contains the most complete set of integrated IoT-specific development tools and capabilities available, offering the industry’s deepest functional capabilities. ThingWorx makes it easy to develop and deliver powerful Enterprise IoT solutions that deliver transformative business value.
· ThingWorx platform will leverage Industry 4.0 technologies - Artificial Intelligence and Machine Learning technologies to reduce product failures
· Reduce downtime caused by unplanned events by sending breaking news alerts of the errors to the proper parties and predict the amount of time until a system fails
· Improve the quality of products by providing a full digital reporting of products produced
· Reduce delays in decision making by enabling team members with real-time detailed data and creating dynamic visualizations of the status of production systems
· Identify trouble spots within the facility by observing real-time data on the factory floor with augmented reality (AR), providing a bird’s eye view