Belden Honored as Top 3 Organization in IDC’s Future of Intelligence North America Award

Rhea-AI Summary

Belden Inc. (NYSE: BDC) achieved increased Overall Equipment Effectiveness and digitization improvements, leading to double-digit productivity improvements at its Richmond, Indiana plant. The company was named among the top 3 winners in IDC’s 2023 Future Enterprise Best in Future of Intelligence North America Awards, recognizing its exceptional contributions to intelligent technologies and reshaping the landscape of network and data management.

Positive

• Belden's winning digitization project resulted in double-digit productivity improvements, highlighting its success within a 95-year-old manufacturing plant.
• The company's vendor-agnostic platform involving various control technologies, operational data collection, and shared data plane for analytics and visualization, enabled data-driven decisions, improving overall equipment effectiveness (OEE) and productivity.
• The solution also facilitated predictive maintenance, leading to estimated annual savings of at least $500,000 with a short payback period.

Negative

• None.

Company Achieved Increased Overall Equipment Effectiveness and Digitization Improvements

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, has been named among the top 3 winners in IDC’s 2023 Future Enterprise Best in Future of Intelligence North America Awards. Belden’s winning digitization project was implemented at its own Richmond, Indiana plant, leading to double-digit productivity improvements.

IDC, a renowned market intelligence and advisory firm, has lauded Belden for its exceptional contributions to the field of intelligent technologies and its forward-thinking approach in reshaping the landscape of network and data management. This award recognizes organizations that have made impactful positive changes to their enterprise intelligence through innovations in how information is synthesized, how they learn from these insights and share those learnings across the organization, how they deliver insights at scale, and how they develop and promote a data culture.

In Belden’s winning entry, the company highlighted success within a 95-year-old manufacturing plant, which sought to improve efficiency while gaining real-time visibility. Belden created a vendor-agnostic platform that involved various control technologies, collected operational data via sensors throughout the plant and provided a shared data plane for analytics and visualization.

This platform enabled plant personnel to make data-driven decisions, improving overall equipment effectiveness (OEE) and productivity. The solution also helped detect anomalies and alert the appropriate team, enabling predictive maintenance. IT and OT stakeholders were involved in the project, ensuring operational and security needs were met.

Belden empowers customers to leverage their data to gain key insights that lead to positive outcomes – and this initiative had that same goal. Through this solution, the company ensured future-readiness and favorable business outcomes, including:

• Estimated annual savings of at least $500,000 with a short payback period of about 15 months
• Improved data visibility, sharing and collaboration
• Capability to drill down into operational data for root cause analysis

“We are honored to be recognized by IDC as one of the top three organizations in the Future of Intelligence North America Award category,” said Doug Brenneke, VP Operations, Americas. “With Belden’s solution, the plant was able to resolve operational challenges, as well as develop the framework for future optimization and growth.”

This accolade signifies Belden’s commitment to driving innovation and paving the way for the next generation of intelligent networking solutions. The Future of Intelligence Award recognizes organizations that have demonstrated outstanding leadership, vision and innovation in the development and deployment of intelligent technologies.

About Belden

Belden Inc. delivers the infrastructure that makes the digital journey simpler, smarter and secure. We’re moving beyond connectivity—from what we make to what we make possible through a performance-driven portfolio, forward-thinking expertise and purpose-built solutions. With a legacy of quality and reliability spanning 120-plus years, we have a strong foundation to continue building the future. We are headquartered in St. Louis and have manufacturing capabilities in North America, Europe, Asia and Africa. For more information, visit us at www.belden.com; follow us on Facebook, LinkedIn and X/Twitter.

About IDC:

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company that activates and engages the most influential technology buyers. To learn more about IDC, please visit www.idc.com.

Belden and the Belden logo are trademarks or registered trademarks of Belden Inc. or its affiliated companies in the United States and other jurisdictions. Belden and other parties may also have trademark rights in other terms used herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231108887650/en/

Lauren Robeson Menting

Marketing Communications Manager

(661) 516-1269

Lauren.Robeson@Belden.com

Source: Belden Inc.

FAQ

What award did Belden Inc. (NYSE: BDC) win?

Belden Inc. (NYSE: BDC) was named among the top 3 winners in IDC’s 2023 Future Enterprise Best in Future of Intelligence North America Awards.

What were the results of Belden's winning digitization project?

Belden's winning digitization project resulted in double-digit productivity improvements at its Richmond, Indiana plant.

What were the key features of Belden's vendor-agnostic platform?

Belden's platform involved various control technologies, operational data collection, and a shared data plane for analytics and visualization, enabling data-driven decisions and improving overall equipment effectiveness (OEE) and productivity.

What were the business outcomes of Belden's initiative?

The initiative led to estimated annual savings of at least $500,000 with a short payback period.