International supply chain solutions provider TouchPath is launching ‘TouchIoT’, a new Industrial Internet of Things (IIoT) system that makes the big, real-time data generated by shop floor and warehouse machines available to manufacturing requirements planning (MRP/ERP) and manufacturing execution (MES) systems for smarter business decision making. TouchIoT communicates with production, packaging and distribution and other automated processes to extract information that can then be posted to ERP and other systems and also displayed on a KPI dashboard to manage live shift production problems and performance. The same IIoT-driven* technology can also be used to monitor security, temperature control and other specialist systems. (*Industrial Internet of Things)
TouchIoT uses TouchPath’s latest technology platform, TransitionWorks v.6.0.3 which follows the OPC (OLE for Process Control) industry open standard, enabling interoperability between devices and systems in industrial automation. According to analyst Gartner by 2020 more than half of major new business processes and systems will incorporate some element of the Internet of Things.
“TouchIoT spells the end of industrial information silos and disconnected data. This technology is a game changer” says TouchPath International CEO David Myers.
TouchPath uses smart, flexible modules that can be bolted together in almost any combination to deliver a customised solution at an off-the-shelf price, deploying systems technology that captures more information for better business performance and faster ROI, according to the company.
TouchPath has operations in the UK (Halifax HX1 5ER) and the USA (High Point, NC 27265).