Digital Transformation

Advantech and Altizon Partnership Accelerates Industry 4.0 Transformation for Sustainable, Efficient Digital Factory Operations

prnewswire | April 28, 2023 | Read time : 02:00 min

Advantech and Altizon Partnership Accelerates Industry 4.0 Transformation for Sustainable, Efficient Digital Factory Operations

Advantech, a leading provider of industrial Internet of Things (IoT) hardware and automation technology, and Altizon, a global software provider of Industrial IoT platform, Datonis Digital Factory, are proud to announce the launch of their joint solution designed for ease of transformation to a smart factory.

The solution bundle includes specially selected Advantech edge hardware and Altizon's Datonis Digital Factory platform, pre-validated and pre-installed to ensure smooth deployment. Altizon's platform provides a ready-made suite of applications that digitize critical operational functions, such as production, maintenance, quality, energy and sustainability. Additional key features are as follows:

  • Secure data exchanges in real time
  • Edge device management from the cloud
  • Out-of-the box apps with rapid configuration capabilities
  • Standard set of reports and dashboards to accelerate business value realization
  • Data analysis at scale

"Altizon is excited to partner with Advantech for accelerating the growth of our Digital Factory applications and solutions," said Vinay Nathan, CEO, Altizon. "By offering out-of-the-box connectivity to Altizon's Digital Factory suite with Advantech's IIoT hardware, we see customers benefiting from a one-stop solution that is seamless to deploy and yields rapid ROI (Return on Investment)."

The bundle includes the following Advantech intelligent hardware device

  • UNO-2271G-V2 Intel-based Edge IoT Gateway 
  • ADAM-6717 Linux Intelligent I/O Gateway
  • WISE-S100 Stack Light Monitoring Sensor

"The partnership between Advantech and Altizon brings great value to our systems integrators and end-user customers by solving common pain points on the factory floor with simplified digital transformation," said Carolyn Swan, director of partnerships, Advantech North America IIoT Group. "Manufacturing systems integrators can help transition factories with less headache by deploying our bundle solution. End-user customers can be up and running within four to six weeks and enjoy higher productivity, real-time edge intelligent analytics, lower operational costs and faster time to market."

About Altizon

Altizon, a global industrial IoT company, powers digital revolutions by helping enterprises leverage machine data to drive business decisions. Altizon’s Datonis Manufacturing Suite applies advanced analytics and machine learning algorithms to accelerate smart manufacturing initiatives, modernize asset performance management and pioneer new business models for service delivery. Learn more at www.altizon.com.

Spotlight

Shaping Industry 4.0 decisions through the power of cognitive computing to drive insights and process optimization through AI and data analysis.

Spotlight

Shaping Industry 4.0 decisions through the power of cognitive computing to drive insights and process optimization through AI and data analysis.

Related News

Manufacturing Technology

Bbb Industries Acquires Hydraulex, Expanding Its Industrial Sector Offerings

PR Newswire | July 20, 2023

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (Clearlake), announced today that it has acquired Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket. Terms of the deal were not announced. This strategic acquisition marks an important milestone in BBB's journey as it further expands the company's offerings into an array of industrial markets. Hydraulex's history of providing repair and remanufacturing of aftermarket hydraulic components for both mobile and fixed applications aligns with BBB's commitment to sustainable manufacturing in support of efficient resource management and reduced total cost of ownership. "We are thrilled to welcome Hydraulex into the BBB enterprise," said Duncan Gillis, CEO of BBB. "This acquisition opens opportunities to provide our customers with additional product and service options. Our goal is to continue to spread the power of sustainable manufacturing at scale to deliver even greater value to our customers, and we are excited about the opportunities that lie ahead." "The acquisition of Hydraulex is an exciting development for BBB as we build upon the company's foundation in sustainable manufacturing and expand into adjacent industrial end-markets," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner and Managing Director, at Clearlake. "This acquisition, our second since partnering with Duncan and the BBB team last year, represents our O.P.S.® framework in action as we pursue accelerated growth through both organic initiatives and strategic M&A," added Ben Kruger, Senior Vice President at Clearlake. With a four-decade legacy of manufacturing excellence, Hydraulex's products power critical equipment spanning across infrastructure, industrial, construction, agriculture, mining, on-highway and marine equipment end-markets. About Hydraulex Hydraulex is a family of Attica Hydraulic Exchange, Flint Hydrostatics, Hydraulic Repair and Design and Metaris Hydraulics. We are a company that repairs and provides Remanufactured, Aftermarket, and OEM hydraulic units and components. We specialize in industrial applications like paper mills, saw mills, steel mills, recycling plants, oil & gas applications and mobile applications, including construction, utility, mining, agricultural and marine equipment. About BBB Industries BBB Industries, LLC is a leading sustainable manufacturer serving the automotive, industrial, and renewable energy markets. With an extensive footprint and operations throughout North America, BBB entered the European market in 2020 and now sustainably manufactures and supplies an assortment of nondiscretionary repair parts across more than 90 countries. TerrePower is a division of BBB that services the electric vehicle, energy storage and solar markets across both North America and Europe. Founded in 1987, BBB Industries, LLC is a private company with corporate centers located in the greater Mobile, Alabama and Dallas, Texas areas. Please see www.bbbind.com for more information. About Clearlake Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology and consumer. Clearlake currently has over $70 billion of assets under management and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland and Singapore.

Read More

Manufacturing Technology

Nano Dimension Successfully Implements SAP – a Key Enabler of Driving Operational Efficiency and Streamlining Business Processes

Globenewswire | August 04, 2023

Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today the successful implementation of SAP as its new Cloud Enterprise Resource Planning (“ERP”) system, which marks a material milestone in advancing the Company’s organizational and operational effectiveness. SAP, a globally recognized leader in ERP solutions, was selected by Nano Dimension after a thorough evaluation of various options available in the market. The decision to implement SAP, and specifically the “RISE with SAP” product, reflects Nano Dimension’s commitment to leveraging cutting-edge technology to optimize its business operations and provide superior service to its customers. This is an important step in any business’s prioritization to deliver better financial results and drive shareholder returns. The implementation of RISE with SAP brings numerous benefits, including: Enhanced operational efficiency by streamlining business processes across departments and automating routine tasks, driving increased productivity. Improved data integration and centralized reporting by facilitating seamless data integration and enabling real-time access to accurate information, empowering faster decision-making and better resource allocation. Enhanced customer experience by integrating with Salesforce customer relationship management (“CRM”) capabilities, leading to deeper insights into customer behavior and preferences. Scalability and future-readiness by building a systems architecture that can adapt and grow with evolving business needs, meeting the needs of the organization as it continues its robust M&A program. Zivi Nedivi, President of Nano Dimension, commented, “With the successful implementation of RISE with SAP, Nano Dimension looks forward to driving operational excellence, fostering innovation, and achieving new milestones in its industry. The Company remains committed to delivering exceptional value to its customers and stakeholders through the adoption of state-of-the-art cloud ERP technology. This can be done through increasing the top-line, but it should also be done with organizational and operations improvements, and this SAP integration is the foundation of that.” About Nano Dimension Nano Dimension’s vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices - on demand, anytime, anywhere Nano Dimension’s strategy is driven by the application of deep learning based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Read More

Manufacturing Technology

Enovix Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia

Globenewswire | July 27, 2023

Enovix Corporation, an advanced silicon battery company, announced today it has entered into a Master Service Agreement (“MSA”) with YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others. The agreement secures $70 million of non-dilutive funding to support Enovix’s Fab2 site in Penang, Malaysia, and its first Gen2 high-volume manufacturing line. “We’re thrilled to announce this significant milestone in our journey to scale,” said Dr. Raj Talluri, President and CEO of Enovix. “Finalizing the agreement in a short amount of time is a great achievement and I’m very proud of the team. We’re all focused on establishing Fab2 and moving to high-volume manufacturing so we can provide a superior product for our customers and enable a better user experience for consumers.” “We’re pleased to finalize our manufacturing agreement, opening up tremendous opportunities for growth and success globally,” said Dato’ Dr. Mohd Sofi Bin Osman, a YBS board member. “We look forward to a long-term collaboration with Enovix and bringing their leading battery technology to market.” As part of the MSA, YBS, under the direction of Enovix, will provide the building and capital for equipment and labor for Fab2 and the Gen2 Autoline 1. Enovix announced earlier this year that it established Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”). In addition, Enovix has hired more than 30 people in Malaysia including the two leaders announced in March. Enovix Malaysia’s Fab2 site is located in Penang Science Park. “The Enovix Malaysia team is already making tremendous progress,” said Ajay Marathe, COO of Enovix. “They recently completed training at Fab1 in Fremont and the next step is Factory Acceptance Testing in South Korea, followed by Site Acceptance Testing in Malaysia. I am extremely pleased we finalized our agreement with YBS and are on track to produce first samples from the Gen2 Autoline 1 in April 2024.” About Enovix Enovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand.

Read More