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Asian manufacturing moves up to Industry 4.0 with Prediktor

PUBLISHED : Friday, 04 December, 2015, 4:25pm
UPDATED : Wednesday, 23 March, 2016, 5:09pm

Technology is crucial in raising operational efficiency levels in businesses. The manufacturing industry in particular, has grown by leaps and bounds because of technological innovations.

Enabling manufacturers to take the next step, Prediktor ushers in the new era of Industry 4.0 - the age of smarter factories and computerised manufacturing with advanced industrial information technology (IT) systems.

Prediktor specialises in industrial software solutions for production optimisation, real-time data management platforms and high-precision spectrometers for real-time process quality measurements.

"We take real-time data and process it into actionable knowledge," says Espen Krogh, chairman of the board at Prediktor.

Prediktor's IT know-how makes a significant impact in production lines. In the feed and food sector, for instance, Prediktor's advanced instrumentation, software and algorithms take precise and real-time measurements to determine the optimal composition of raw materials needed - reducing cost, improving product quality and optimising profits.

The instrumentation solutions are applicable in industries such as food processing, agriculture, chemical and pharmaceutical, among others. Across industries, the demand for high-quality products and the focus on matching international quality standards have led to an increasing need for such solutions.

Solar energy is a major area of focus for Prediktor. For more than a decade, the company has delivered industry IT solutions for upstream and downstream photovoltaic (PV) production.

For the latter, Prediktor has developed a complete operations and maintenance system with functionalities targeted towards optimal operation of utility-scaled PV parks. The system is now operational at several sites worldwide and is a good example of how innovative IT systems can boost profitability.

Prediktor aims to broaden the reach of its solutions to help more businesses. The company seeks technology and industrial partners to explore untapped Industry 4.0 opportunities outside Europe.

"We're eager to talk about using real-time data to create more information, and consequently make more business from that. We are looking for investors who would like to ride the next manufacturing wave with Prediktor," Krogh says.