Thursday, 18 March 2021 11:22

New package offers prediction, product quality in supply chain management

New package offers prediction, product quality in supply chain management Image by Diggity Marketing from Pixabay

German software giant Software AG has released a software package, known as TrendMiner, that will provide self-service industrial analytics for smart factories, utilising SAP S/4HANA Cloud and SAP Digital Manufacturing Cloud.

A statement from company said the software was under an open licence and could, therefore, be integrated into various IoT stacks to aid in predicting and improving product quality in digital supply chain management.

"With TrendMiner, Software AG helps companies to leverage their industrial data, from sensors to control systems to historians in order to unlock its value," said Stefan Sigg, chief product officer and executive board member at Software AG.

"TrendMiner puts advanced analytics into the hands of production experts to address day-to-day questions. With Software AG's SAP partnership, we can help companies to turn their supply chain and production data into competitive advantages and accelerate their roadmaps to become intelligent enterprises."

The company said TrendMiner was available on SAP Store, the digital marketplace for SAP and partner offerings.

It said the software enabled operational experts in process and other industries to analyse, predict and optimise performance using sensor-generated time-series data.

This would help companies turn digital supply chain data into a competitive advantage by predicting production quality.

TrendMiner is claimed to extend the reach and benefits of SAP S/4HANA data to new stakeholders on the manufacturing shop floor by giving them a ready-to-run solution created directly out of industry expertise.

"This is what an intelligent enterprise can look like -- we want our customers to benefit from the potential of Industry 4.0, where process and asset experts are empowered with advanced diagnostics to intuitively answer their day-to-day questions with the help of pattern recognition and machine learning technologies," said Jan Gilg, president SAP S/4HANA at SAP.

"By partnering with Software AG, we help enable production line operators to become process analytics engineers of the future."

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Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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