Real-World Strategies Highlighted by The Dow Chemical Company
PORTLAND, OR--(Marketwired - Nov 12, 2014) - Northwest Analytics, a leader in manufacturing intelligence solutions for process industries, today announced that the invitation-only Chemical Industry Leadership Event drew more than 50 senior management attendees from leading chemical manufacturers. The event, hosted at the Petroleum Club in Houston, focused on the challenges of managing manufacturing big data and offered insights on how the value of that data can be unlocked to enhance manufacturing processes and the bottom line.
The featured speaker was Lloyd Colgrove, Data Services Director and Fundamental Problem Solving Director from the Dow Chemical Company. Colegrove has been instrumental in driving the innovative application of statistical strategies into real-time data analysis for continuous and batch processing. A highlight of his presentation revealed how a manufacturing data analysis and collaboration program at the Dow Chemical Company has tied together multiple plants to trouble shoot in real time or pre-emptively detect and alert plants of issues well before crisis.
The Dow Chemical Company has been utilizing NWA Focus EMI®, a next-generation manufacturing intelligence system, in its efforts to fundamentally change how data is viewed and used in relation to the health and capability of manufacturing assets. The software enables managers, engineers and operators to identify analyze and resolve issues with fast, informed decisions through visibility in real time from all existing data sources.
"Manufacturers are realizing the potential value and rapid ROI that can be driven using a sophisticated EMI solution like NWA Focus EMI," said Peter Guilfoyle, Vice President of Marketing for Northwest Analytics. "Dow has shown how to harness this value by taking a smarter approach, making the data work for the company through the application of a global analytics layer to existing data sources. This continues to deliver not only better insights into the process, but also to provide huge returns on investment -- more than $1 million a year at each plant."
Northwest Analytics intends to continue its leadership role by sponsoring a series of Chemical Industry Leadership events to highlight real-world examples of how chemical companies, of all sizes, can leverage EMI solutions to better support their processes. The next event will be held February 2015 in New Orleans. For more information and registration details, please contact firstname.lastname@example.org.
About Northwest Analytics, Inc.
Northwest Analytics, Inc. is a leading provider of manufacturing intelligence and SPC software solutions for manufacturers. NWA delivers real-time manufacturing analytics and visibility, SPC charting and enterprise reporting to 35% of the Forbes 1000 manufacturers and more than 5,000 manufacturing customers worldwide. NWA has focused exclusively on manufacturing for more than 25 years, providing a powerful, easy-to-use suite of manufacturing intelligence and SPC solutions that emphasize enterprise-wide integration, analysis and visibility. NWA is the partner-of-choice when it comes to helping its customers increase operating efficiencies and throughput, while delivering a fast and effective ROI. For more information, visit www.nwasoft.com.