PORTLAND, OR--(Marketwired - Feb 17, 2015) - The Chemical Industry Leadership Forum drew more than 50 senior management attendees from leading worldwide chemical manufacturers who gathered last week in New Orleans to discuss the challenges of managing manufacturing big data, and offer insights on how the value of that data can be unlocked to improve process efficiency and the bottom line.
Leading the conversation at the invitation-only Forum was Lloyd Colegrove, Data Services Director and Fundamental Problem Solving Director from The Dow Chemical Company. With his recognized innovative application of statistical strategies into real-time data analysis for continuous and batch processing, Mr. Colegrove highlighted how Dow's manufacturing data analysis and collaboration program has tied together multiple plants across the world to trouble shoot in real time to pre-emptively detect and alert plants of costly issues well before crisis.
The Dow Chemical Company utilizes NWA Focus EMI® 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, across a plant and across the world, to identify, analyze and resolve issues with fast, informed decisions through real-time visibility of data across all existing data sources.
"Dow is a clear leader in harnessing technology to make the data they are already gathering and storing work for the company," noted Peter Guilfoyle, vice president of marketing for Northwest Analytics. "With acknowledged per plant savings of $1 million to $2 million every year, Dow has clearly figured out how to unlock the value of their data through the application of real-time analytics. It's reflective of what the untapped potential of manufacturing process data is."
Northwest Analytics sponsors the series of Industry Leadership Forums to highlight real-world examples of how manufacturing companies, of all sizes and across industries, can leverage manufacturing analytics solutions to better support their processes. The next event will be held in March 2015 in Denmark. 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.