SAS Institute, a leader in analytics software and services, has announced a collaboration with Nanyang Polytechnic (NYP) to help Singapore’s small and medium-sized manufacturers manoeuvre headwinds via advanced analytics.
Leveraging SAS Institute’s data analytics and visualisation capabilities, the team at NYP’s School of Engineering developed an enterprise-to-shopfloor platform that helps precision-engineering manufacturers boost productivity and growth.
Harnessing Artificial Intelligence (AI) and cloud technology, the new platform, which is currently undergoing production trials, has shown a significant increase in operational effectiveness through predictive analytics and forecasting and enabling a 100% sampling of parts. The platform will also offer Industry 4.0 solutions that incorporate open-source low-cost devices to connect two networks, resulting in cost-effective and scalable solutions. With every additional volume of data acquired by the devices, the modelling and training of the AI models will concurrently improve
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