Mingo Aims to Bring Affordable, Easy-to-Use, and Effective Productivity Software to the Factory Floor
ST. LOUIS, MO., August 4, 2016 – Mingo, a revolutionary new manufacturing analytics platform, today announces the launch of its North American beta program. This announcement supports the company’s mission to bring manufacturers affordable, easy-to-use, and effective analytics that allows them to implement cost-saving measures inside their business without expensive software or complex implementation projects.
“We’ve reached a point where technology can give us incredible access to data,” said Mingo founder, Bryan Sapot. “However, the costs and complexity associated with analyzing this information are overwhelming to many manufacturers. Mingo makes collecting, reviewing, and acting on this data incredibly simple. No one else is making this data as accessible as Mingo is, and I hope that the availability of our beta program will give more manufacturers an opportunity to see why this platform is so revolutionary.”
In a forecast released in Q1 of 2016, Gartner Inc. predicted that the advanced analytics market will grow 14 percent this year to $1.5 billion. By 2018, it predicts more than half of large global enterprises will leverage analytics and proprietary algorithms on secure platforms. Manufacturing is identified as one of the industries set to benefit the most from these types of tools; however, few manufacturing businesses currently have the capabilities, staff, and financial wherewithal to implement these types of platforms today. Manufacturers who are able to bring advanced analytics into their business in actionable ways will likely see big returns and will be poised to grow in their respective market verticals. The next 3-5 years will likely be a critical time for these businesses.
The Mingo North American beta program is already currently underway. The launch marks an expansion of their already successful efforts in implementing the solution for several manufacturers. “Due to the success of our initial beta, we are looking to expand it further to include all North American manufacturers interested in saving money by gathering data that is easy to understand and take action on” cheered Sapot.
Mingo is a manufacturing analytics platform that provides visibility into the data from machines, devices, and people and puts it all into context. Mingo is revolutionizing manufacturing by offering a complete solution from sensors to data collection to analytics that provides real-time insights into the productivity of the factory. Those insights give a manufacturer the ability to reduce costs, ensure customer on-time delivery, and improve quality.
Mingo enables companies to start small, think big, move fast and easily grow from a single machine at one plant to thousands of machines across the globe with manufacturing analytics. https://www.mingosmartfactory.com/