Memex Wins Frost & Sullivan Award

Memex Receives Top Honors from Frost & Sullivan for its Cutting-Edge Lean Manufacturing Tool, MERLIN

MERLIN can be used with highly automated lines, such as robotic systems, or with legacy machines, helping lean teams root out process inefficiencies and human errors

MOUNTAIN VIEW, Calif. — Monday, November 4, 2013 — Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan recognizes Memex Automation Inc. [TSX-V: OEE] with the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship solution, Manufacturing Execution Real-time Lean Information Network (MERLIN). It is basically an integrated hardware and software product suite that enables lean manufacturing through management and monitoring of equipment efficiency. MERLIN pinpoints bottlenecks in machine cells in real time, allowing plant operators to extract optimum efficiency from each manufacturing process.

See: http://www.frost.com/prod/servlet/press-release.pag?docid=287321748

MERLIN’s distinguishing features is its high level of flexibility and interoperability; the solution can be used in any kind of manufacturing set up and with any kind of machine—completely automated, semi-automated, and/or legacy machines.

MERLIN bi-directionally connects the equipment on the shop floor with any enterprise resource planning (ERP) software. It can be easily integrated and installed using Microsoft standard software tools and an MS-SQL enterprise database, which can be mined enterprise-wide, and its data uploaded onto other business intelligence tools.

“MERLIN’s time and costs for set up are modest, and the system delivers significant value in the form of data analysis and visualization of capacity utilization,” said Frost & Sullivan Research Analyst Atin Angrish. “Succinct reports are provided automatically and directly from the shop floor to the management using predefined parameters, eliminating the need for manual data collection, analysis and delivery of results.”

MERLIN provides unrivaled value by increasing customers’ productivity levels and simultaneously reducing their downtime. Most customers reported a 20 percent to 50 percent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 percent.

Most importantly, Memex Automation is able to price its products almost 150 percent to 200 percent lower than the other competing products. This is made possible by MERLIN’s adoption of standardized machine-to-machine (M2M) communication protocols and software based on reliable database technologies.

“Memex Automation’s solution is innovative because it breaks away into three important directions which are different from the usual ‘patch-and-hack’ methods that are currently adopted by manufacturing firms” noted Angrish. “MERLIN offers: 1) a standardized machine-to-machine connection; 2) a real-time standardized rationalization of the data from any asset to measure capacity utilization; and 3) a standardized software approach that bi-directionally and objectively integrates an individual machine’s data into the management’s information systems.”

MERLIN is mostly aimed at tier two and tier three companies.  Tier one companies typically already have integrated and interconnected plants in place and MERLIN can augment those systems with information directly from machines. Memex mainly focuses on the segments of the discrete manufacturing sector that requires a wide range of applications, such as automotive, aerospace, piping, precision machining and defense manufacturing.

MERLIN enables companies to monitor and manage asset utilization, measure productivity and labor utilization, as well as assess capacity utilization of machines, cells, assembly areas, and the overall plant.

Each year, Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry

Frost & Sullivan presents the award for Technology Innovation and Leadership to the company that has demonstrated uniqueness in developing a technology that significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.

About Memex Automation, Inc.

Memex Automation [TSX-V:OEE] is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations. Since 1992, Memex has partnered with 280 dealers worldwide to provide a variety of manufacturing connectivity products and services to over 12,000 customers globally. For sales information, call +1 (905) 635-1540, email salesgroup@memex.ca.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact:

Frost & Sullivan

Mireya Espinoza

P: 210. 247.3870

F: 210.348.1003

E: mireya.espinoza@frost.com

Or

Memex Automation Inc.

John Rattray

P: 905-635-0590

E: jrattray@memex.ca

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply