LIFECYCLE is an AI-powered, no-code IoT application that introduces dynamic maintenance strategies for machines, machine parts, tools and consumables to end users. LIFECYCLE provides invaluable help across the board in all facets of the manufacturing industry, with data governance options that maintain the privacy and confidentiality of different entities at different stages.
With LIFECYCLE, machine builders can:
— Boost spare parts sales using resupply contracts based on AI predictions, ensuring availability of spare parts without increasing on-site inventory
— Avoid long lead times by anticipating the failure of highly specialized machine parts, thereby avoiding costly machine downtime while maintaining customer loyalty and trust
— Integrate machine information for timely parts dispatch and service team visits
— Understand the actual useful life of parts in machines by monitoring fleet replacement schedules
Machine operators experience a variety of benefits, too, such as:
Better job planning due to an accurate and real-time understanding of machine and tooling conditions
— Easily monitor the impact of changing parameters and operating conditions
— Reduce energy consumption by always using in-spec parts
— Understand if the tooling required for a job is in good condition
LIFECYCLE vastly improves the capabilities of Tool/Die Makers and Owners by:
— Tracking of the useful life of tool and dies on machines, in tool rooms, and at different plant sites
— Enabling advanced business models like automatic reconditioning strategies
— Tracking the tool and die lifecycles from creation to end
