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What is ioTORQ LEAN?

ioTORQ Lean Manufacturing OEE Software provides an economical solution for the automated monitoring of production assets, facilitating the identification and prioritization of opportunities for continuous improvement. This software also assesses vital manufacturing metrics in real-time, such as Overall Equipment Effectiveness (OEE). By utilizing adaptable IIoT gateways and affordable sensors, you can harness the capabilities of Big Data through our cloud-based system that offers real-time production visualization and management. The software enables immediate analysis and enhancement of asset performance, while its alerting system allows for swift action in response to unexpected events, thereby reducing losses and boosting productivity. Key manufacturing metrics, including OEE, can be accurately tracked, and organizations can leverage multi-facility benchmarking to uncover best practices and drive operational excellence. This comprehensive approach not only streamlines manufacturing processes but also fosters a culture of continuous improvement across the organization.

What is True Opportunity?

We are excited to unveil the first-ever OEE reporting system that operates on a dollar-based model, which allows for immediate calculation and recording of all OEE metrics. This cutting-edge methodology converts all manufacturing losses into monetary terms, facilitating efficient integration and prioritization of these losses so that plant teams can focus on the most significant opportunities for improvement. Moreover, it provides real-time insights into product costing, organized by both process and product categories. This solution can function autonomously or enhance existing plant systems, making it adaptable enough for implementation in a single facility or across an entire organization. Its design allows for easy replication and data aggregation across multiple sites to a centralized enterprise server, thereby promoting a thorough understanding of operational efficiency. In addition to refining reporting processes, such a system equips decision-makers with actionable insights that can fuel ongoing improvement efforts, ultimately leading to increased competitiveness in the market. By embracing this innovative solution, organizations can not only optimize their operations but also foster a culture of continuous enhancement.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Panevo

Date Founded

2013

Company Location

Canada

Company Website

panevo.com

Company Facts

Organization Name

HAGEN & Company

Date Founded

1990

Company Location

United Kingdom

Company Website

www.hagenco.com/true-opportunity.html

Categories and Features

Industrial IoT

Condition Monitoring
Data Visualization
Factory Data Analytics
Machine Learning
Machine Workflow Creation
Predictive Maintenance
Production Line / Factory Insights
Real-Time Monitoring
Reporting / Analytics
Smart Alerts / Notifications

Manufacturing

Accounting Integration
ERP
MES
MRP
Maintenance Management
Purchase Order Management
Quality Management
Quotes/Estimates
Reporting/Analytics
Safety Management
Shipping Management

OEE

Benchmarking
Cost Tracking
Downtime Tracking
Historical Reporting
Performance Metrics
Quality Control
Real Time Reporting
Root Cause Analysis
Trend Analysis
Work Order Management

Categories and Features

Manufacturing Execution

Document Management
Forecasting
Quality Control
Quote Management
Resource Management
Supplier Management
Supply Chain Management
Traceability

OEE

Benchmarking
Cost Tracking
Downtime Tracking
Historical Reporting
Performance Metrics
Quality Control
Real Time Reporting
Root Cause Analysis
Trend Analysis
Work Order Management

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