The industrial revolution in Great Britain during the 18th century brought a sea of change in the manufacturing sectors across the globe. The world witnessed the first industrial revolution, in the form of standardization and mechanization, water and steam power. The second era saw mass production and economies of scale, assembly line, use of electricity, and the third was the use of computer and automation. The fourth industrial revolution, which is also known as Industry 4.0 today, is coming in the convergence of cyber- physical systems.
Industry 4.0 is the current trend of automation and data exchange in manufacturing technologies. It has entirely transformed the world of manufacturing with the advent of big data, A.I., IoT, cloud computing and cognitive computing into a “Smart Factory”. These smart factories work in the ecosystem of highly precise and automated robotic machinery. However, these highly advanced and automated machines need accurate and intelligent real-time monitoring solutions, which is beyond human capability. Thus BISTel, an industry leader in intelligent manufacturing software solutions, enables the realization of the Smart Connected Factory i.e. Industry 4.0.
BISTel’s intelligent manufacturing software solutions include advanced, proprietary technology that leverages Industrial Internet of Things (IIoT), Big Data and cloud computing.
BISTel and the Visionary Leader
BISTel’s foundation was laid in 2000. Headquartered in Seoul, South Korea, it has spread its wings across the globe with offices in Silicon Valley, California, Austin, Texas, Shanghai and Shenzhen in China, as well as Singapore.
WK Choi, Founder and CEO, has fostered BISTel to become the market leader in intelligent manufacturing solutions over the years. He says, “We know how very important time is for every engineer, and that’s why we design and build solutions that they can use to make the quickest and smartest decisions. This efficiency lets manufacturers achieve the highest return on investments (ROI) in months instead of years.”
BISTel offers modern and hi-tech solutions such as engineering equipment solutions (EES), dynamic fault detection (DFD), and predictive maintenance (PdM) solutions that collect and manage big data, monitor the health of machines and equipment, optimize process flows, analyze massive amounts of data quicker than anyone and identify root cause failures to mitigate risk in manufacturing. This certainly helps customers reduce costs, improve quality, and increase productivity.
Steve Jobs once said, “Great things in business are never done by one person. They’re done by the team of people.” BISTel is growing rapidly with over 320 employees worldwide. The workplace should not be something that people dread every day. Employees should look forward to going to their jobs. The organization from start has nurtured healthy and enthusiastic work culture through all these years, where employees are treated as assets than liabilities.
BISTel has a global market presence with highly esteemed clients from automotive, steel, and electronics manufacturing domains. It also has a deep customer following in semiconductor, LED and FPD manufacturing.
Smart and Intelligent Solutions
The manufacturing sector is a very competitive, fast-paced, ever-evolving sector which comprises of highly expensive, sophisticated machinery and equipment, which produce goods and products across diverse verticals, often working 24×7, 365 days. One of the major pain areas for any company is to spend huge capital on maintenance and repairs of this machinery, so as to avoid downtime and any adverse impact on production. One of BISTel’s new products includes a predictive maintenance (PdM) solution that lets customers determine the condition of their machines, thereby helping them to predict when maintenance should be performed.
BISTel has developed an innovative patented technology called engineering equipment solutions (EES) and intelligent manufacturing solutions. It helps customers solve problems in manufacturing that negatively impact production.
“For instance, BISTel’s Dynamic Fault Detection (DFD) product detects problems. Once found, BISTel’s innovative eDatalyzer analytics products then analyze large data and quickly identify the root cause of the problem. By using the eDatalyzer advanced analytics tools to find what’s causing the manufacturing problems, BISTel helps its customers stay highly productive and profitable,” says CEO WK Choi.
BISTel’s intelligent solutions aid manufacturers to perform real-time fault detection; thanks to advanced machine learning technologies. It enables these manufacturers to predict equipment faults before they occur then self-heals by conducting the required maintenance before it fails.
Big data analytics has become crucial nowadays and possess huge potential. BISTel has cleverly leveraged it to quickly conduct root cause analysis of the faults detected, saving arbitrary cost, improving strategic business decisions and providing an edge over the competitors.
“BISTel’s is assiduously working towards the advancement of the manufacturing industry by delivering world-class products and solutions. Our intelligent manufacturing solutions are shaping the factory of the future, improving costs, efficiencies, and quality across factories by connecting the manufacturing ecosystem to better detect, analyze, predict and adapt real-time to changing manufacturing environments,” expressed Choi.
Future in Industry 4.0
Choi says, “BISTel technologies are at the forefront of the next industrial revolution – Industry 4.0. BISTel technologies help customers transform manufacturing intelligence into smart decisions resulting and achieve the highest return-on-investment (ROI).”
The industry is going to be driven by A.I. and Big data in the coming future, through which manufacturers can predict the quality products before they go into production.
The management reveals, BISTel in near future is about to release its, next-generation adaptive intelligence (A.I.) manufacturing platform, that will include innovative new auto-learning, predictive, self-healing, and continuous improvement features that accelerate smart manufacturing and further reduce risk.
But, some of the inherent challenges that lie with Industry 4.0 are data security, a high degree of reliability and stability, maintaining the integrity of production process and loss of high paying human jobs that need to be tackled with utmost care. However, the benefits of Industry 4.0 model could offset the concerns as long as companies like BISTel deliver innovative products and intelligent solutions to the world.
The future is certainly bright!