Optimal Plus listed in the IT Evolution in Manufacturing, Manufacturing Operations Strategy, Managing Operational Technology and Life Sciences Reports
SAN JOSE, California, August 28, 2018 /PRNewswire/ --
Optimal Plus, leader in lifecycle analytics for the electronics industry and its entire supply chain, today announced that industry analyst firm Gartner listed Optimal Plus as a sample vendor in four of its 2018 Hype Cycle Reports: IT Evolution in Manufacturing, 2018, Manufacturing Operations Strategy, 2018 Managing Operational Technology, 2018 and Life Sciences, 2018.
Optimal Plus is the leader in lifecycle analytics for the electronics industry and its entire supply chain with applications in semiconductor, consumer electronics and automotive. Optimal Plus's Open Platform combines machine-learning algorithms with a global data infrastructure to drive real-time product analytics that extract hidden insights from the data silos throughout the supply chain. The solution enhances production metrics, ensures a high-level product reliability while working seamlessly with companies' existing in-house analytics tools.
"We are delighted to be named as a Sample Vendor in four Gartner Hype Cycle Reports in 2018. We believe it is not only a recognition of the demand for our services, but feel it is also a testament to the quality solutions we provide," said Dan Glotter, Founder and CEO of Optimal Plus. "Though the inclusion won't come as a surprise to our customers, we hope it will enable other companies to implement or improve their manufacturing structure and intelligence."
Within Gartner's IT Evolution in Manufacturing Hype Cycle, Optimal Plus is listed in the Digital Thread, Industrial Operational Intelligence, and Real Time SPC Applications categories, each of which received a high benefit rating*. According to Gartner, technologies with a high benefit rating category "enables new ways of performing horizontal or vertical processes that will result in significantly increased revenue or cost savings for an enterprise."
Industrial operational intelligence is discussed in Gartner's report, as "the platform for visibility into production performance and decision support." This allows "manufacturers to leverage IT and OT data from multiple production sources to increase efficiencies and create agility across the manufacturing network." By modelling actionable analytics such as connectivity to equipment and MES, Optimal Plus's capabilities are extended across the manufacturing value chain.
Garter describes the category Digital Thread as enabling "an integrated view of a product and/or the processes and their evolution over its respective life cycle." Optimal Plus allows for a fully integrated, end-to-end approach to multi-operational systems by offering a platform for traceability. Modelling the DNA of a product throughout all of the manufacturing, assembly and test data available for components, Optimal Plus traces the complete digital thread across all points of production.
Optimal Plus believes its inclusion in Gartner's Real-Time SPC Applications, reflects on the company's high-quality testing solutions. With 13 years of experience in SPC, Optimal Plus uses a big data engine to monitor every parameter and test value being collected. The results are actionable and intervention is automated when necessary to ensure that production processes are consistent.
As part of Gartner's "Priority Matrix" Operational Intelligence and Digital Thread capabilities are estimated to be 5-10 years away, while SPC 2-5 years. highlighting the excellence of Optimal Plus. These future predictions are in large part already provided by Optimal Plus today.
*Gartner, Inc., Hype Cycle for IT Evolution in Manufacturing, 2018, Marc Halpern, Simon Jacobson, Rick Franzosa, 1 August, 2018
Gartner, Hype Cycle for Manufacturing Operations Strategy, 2018, July 2018
Gartner, Hype Cycle for Managing Operational Technology, 2018, July 2018
Gartner, Hype Cycle for Life Sciences, 2018, July 2018
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Optimal Plus
Optimal Plus is the leader in lifecycle analytics for the electronics industry and its entire supply chain with applications in semiconductor, consumer electronics and automotive. Optimal Plus's Open Platform combines machine-learning algorithms with a global data infrastructure to drive real-time product analytics that extract hidden insights from the data silos throughout the supply chain. The solution enhances production metrics, ensures a high-level product reliability while working seamlessly with companies' existing in-house analytics tools. Optimal Plus processes over 70 billion devices annually and is trusted by many of the world's leading electronics players including Qualcomm, NXP, and Nvidia. For more information, visit http://www.optimalplus.com . Follow us on Twitter @OptimalPlus.
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