Saturday, April 20, 2024
News
NEWS HOME
»
PRN INDIA
Northwest Analytics Applauded by Frost & Sullivan for Preventing Institutional Knowledge Loss and Bridging Skills Gaps with NWA Analytics Knowledge Suiteâ„¢
  SocialTwist Tell-a-Friend  
   

 

NWA Analytics Knowledge Suiteâ„¢ accelerates time to problem discovery and issue resolution and avails institutional knowledge across an entire enterprise for efficient problem solving.

SAN ANTONIO, Aug. 2, 2022 /PRNewswire/ -- Frost & Sullivan recently researched the North American manufacturing Industry 4.0 and digital transformation analytics market and, based on its findings, recognizes Northwest Analytics (NWA) with the 2022 North American Manufacturing Industry 4.0 and Digital Transformation Analytics Technology Innovation Leadership Award. The company provides global manufacturers with industrial analytics-based knowledge solutions, spanning nearly every industrial vertical. NWA's innovative solutions address some of the most critical operational challenges that manufacturers face. With over four decades of experience, NWA continues to help manufacturers identify, codify, and amplify their process data utilizing easy-to-use and easy-to-understand solutions. The company pioneered the transition to operationalized real-time analytics and obtain valuable insights into the manufacturing process based on multiple analytics approaches, positioning itself as the go-to vendor for manufacturing analytics.

2022 North American Manufacturing Analytics for Industry 4.0 and Digital Transformation Technology Innovation Leadership Award

NWA's Analytics Knowledge Suite prevents institutional knowledge loss, reduces skills gaps, and improves new hires' time to productivity. The solution identifies early warning process signals, codifies institutional knowledge, and amplifies the analytics-based process knowledge across the enterprise, making it accessible for immediate and consistent issue resolution. In addition, the solution retains relevant information generated from responding to analytics signals, capturing all knowledge related to issue resolution and making it available throughout the enterprise, to solve issues faster. The innovative industrial analytics solution enables multiple analytics methodologies and uses a prescriptive approach to help users respond to challenges and issues with specific actions. NWA's Focus EMI ® provides real-time process notifications and role-based visualizations based on native univariate and multivariate analytics to third-party analytics solutions. The solution provides the following:

  • Delivers operational guidance by offering analytics-based early warning signals and visualizations to engineers, corporates, and operators, connected directly to internal subject matter expertise
  • Enables manufacturers to take fast, decisive, and consistent corrective action for process deviations
  • Assists users in working through issues based on a straightforward yes-or-no approach, videos, or other documents, allowing them to maintain consistency between shifts and plans and the way users deal with particular issues

According to Sankara Narayanan, an industry principal at Frost & Sullivan, "NWA provides a comprehensive range of univariate, multivariate, and statistical process control-charting capabilities, including stability analytics, to streamline problem solving. This is achieved through the NWA Quality Analyst ® component of the NWA Analytics Knowledge Suite."

NWA KnowledgeBaseâ„¢  enables manufacturers to pass on stored knowledge and best practices seamlessly to new employees through real-time analytics and an immediately accessible knowledge database. The solution is valuable when an operator cannot resolve an issue, even after adhering to standard procedures. Speed, accuracy, and consistency in process-related decision making can save manufacturers time and money, to achieve better performance. The company's analytics solutions provide customers with transformational business value and provides both NWA and its customers with a competitive edge. NWA provides manufacturers with a highly scalable analytics foundation that drives digital transformation and helps leading manufacturing enterprises deliver on the promise of Industry 4.0 solutions.

"NWA Analytics Knowledge Suite accelerates time to problem discovery and issue resolution. New employees can immediately access existing process knowledge and best practices to streamline problem solving, ensuring that similar issues can be prevented or resolved quickly in the future," said Sankara Narayanan.

NWA capitalizes on institutional knowledge, solves challenges, delivers operational excellence, and accelerates digital transformation, redefining the future of manufacturing knowledge. With its strong overall performance, NWA earns Frost & Sullivan's 2022 North American Technology Innovation Leadership Award in manufacturing analytics in the Industry 4.0 and digital transformation market.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

"We appreciate the continued recognition of Northwest Analytics' industry leadership, and our ability to enable manufacturers to push the boundaries of what is possible related to digital transformation. The NWA Analytics Knowledge Suite is key to manufacturers efforts to identify, codify and amplify their (process) analytics-based knowledge to increase efficiencies, stem institutional knowledge loss, and accelerate new employee productivity" stated Peter Guilfoyle, President and CEO of Northwest Analytics.

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

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Bianca Torres
P: 1.210.247.8860
E: bianca.torres@frost.com

About Northwest Analytics

Northwest Analytics is the leading provider of analytics-based knowledge solutions for global manufacturers spanning nearly every industry vertical, including chemical, pharmaceutical, electronic materials, and others. Northwest Analytics solutions enable manufacturers to identify, codify and amplify process knowledge throughout the enterprise to address top critical operational challenges, including process quality, loss of process knowledge, shrinking the skills gap and reducing the time to problem resolution. Manufacturers have used NWA's award-winning solutions to return more than $1B to their bottom lines.

Founded in 1982, Northwest Analytics' global headquarters is located in Portland OR, with offices in the UK and Taiwan.

Photo - https://mma.prnewswire.com/media/1870313/Northwest_Analytics_Award.jpg  

More News by PR Newswire India

/DISREGARD RELEASE: Bybit/

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Delhi HC reserves order on CM Kejriwal's...
UP: Fire breaks out at warehouse in Ghaz...
'No guts to throw a stone in Kashmir': A...
Lok Sabha polls Phase 1: Estimated turno...
Three held in firing incident in Manipur...
Lok Sabha polls Phase 1: West Uttar Prad...
More...    
 
 Top Stories
Tripura: Two polling officials susp... 
Lok Sabha polls: Tamil Nadu records... 
IRDAI removes age limits on health ... 
Pakistan: Court orders medical chec... 
"BJP's '400-paar' film has flopped ... 
Lok Sabha elections: BSF Meghalaya ... 
CSK coach Stephen Fleming sheds lig... 
21 policemen returning from MP's Ch...