STOCK TITAN

ETQ Launches AI-Based Predictive Quality Analytics Solution

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
AI

ETQ, part of Hexagon, has launched the ETQ Reliance® Predictive Quality Analytics solution, integrating AI-driven analytics into its quality management system (QMS). This solution, developed in partnership with Acerta Analytics, enables automated early detection and proactive resolution of manufacturing issues.

Key features include:

  • Manufacturing-specific data ingestion
  • Advanced data analysis
  • Predictive monitoring and alerts
  • Automated root cause analysis

The solution aims to prevent production problems, limit variation, speed decision-making, and improve overall quality. It combines Acerta's LinePulse AI and machine learning technology with ETQ Reliance's advanced quality workflows, creating a predictive, closed-loop quality system.

This launch addresses manufacturers' concerns about plant performance, operational efficiency, compliance, risk management, and product recalls. The solution is available immediately for both new and existing ETQ Reliance NXG customers.

ETQ, parte di Hexagon, ha lanciato la soluzione ETQ Reliance® Predictive Quality Analytics, integrando analisi guidate dall'intelligenza artificiale nel suo sistema di gestione della qualità (QMS). Questa soluzione, sviluppata in collaborazione con Acerta Analytics, consente una rilevazione anticipata automatica e una risoluzione proattiva dei problemi di produzione.

Le caratteristiche principali includono:

  • Acquisizione di dati specifici per la produzione
  • Analisi avanzata dei dati
  • Monitoraggio predittivo e avvisi
  • Analisi automatizzata delle cause radice

La soluzione mira a prevenire problemi di produzione, limitare la variazione, accelerare il processo decisionale e migliorare la qualità complessiva. Combina la tecnologia di apprendimento automatico e LinePulse AI di Acerta con i flussi di lavoro avanzati di qualità di ETQ Reliance, creando un sistema di qualità predittiva e a ciclo chiuso.

Questo lancio affronta le preoccupazioni dei produttori riguardo alle prestazioni degli impianti, all'efficienza operativa, alla conformità, alla gestione del rischio e ai richiami di prodotto. La soluzione è disponibile immediatamente per i clienti ETQ Reliance NXG, sia nuovi che esistenti.

ETQ, parte de Hexagon, ha lanzado la solución ETQ Reliance® Predictive Quality Analytics, integrando análisis impulsados por inteligencia artificial en su sistema de gestión de calidad (QMS). Esta solución, desarrollada en colaboración con Acerta Analytics, permite la detección temprana automatizada y la resolución proactiva de problemas de fabricación.

Las características clave incluyen:

  • Ingesta de datos específicos de fabricación
  • Análisis avanzado de datos
  • Monitoreo predictivo y alertas
  • Análisis automatizado de la causa raíz

La solución tiene como objetivo prevenir problemas de producción, limitar la variación, acelerar la toma de decisiones y mejorar la calidad general. Combina la tecnología LinePulse AI y el aprendizaje automático de Acerta con los flujos de trabajo de calidad avanzados de ETQ Reliance, creando un sistema de calidad predictivo y de ciclo cerrado.

Este lanzamiento aborda las preocupaciones de los fabricantes sobre el rendimiento de las plantas, la eficiencia operativa, la conformidad, la gestión de riesgos y los retiros de productos. La solución está disponible de inmediato para los clientes de ETQ Reliance NXG, tanto nuevos como existentes.

ETQ는 Hexagon의 일부로서, 품질 관리 시스템(QMS)에 AI 기반 분석을 통합한 ETQ Reliance® Predictive Quality Analytics 솔루션을 출시했습니다. 이 솔루션은 Acerta Analytics와 협력하여 개발되었으며, 생산 문제의 조기 발견 및 선제적 해결을 자동화할 수 있게 합니다.

주요 기능은 다음과 같습니다:

  • 제조업 특화 데이터 수집
  • 고급 데이터 분석
  • 예측 모니터링 및 경고
  • 자동화된 근본 원인 분석

이 솔루션은 생산 문제 예방, 변동 제한, 결정 속도 향상 및 전반적인 품질 개선을 목표로 합니다. Acerta의 LinePulse AI와 머신 러닝 기술을 ETQ Reliance의 고급 품질 워크플로와 결합하여 예측적이고 폐쇄 루프 품질 시스템을 만듭니다.

이번 출시는 제조업체의 공장 성능, 운영 효율성, 준수, 리스크 관리 및 제품 리콜에 대한 우려를 다룹니다. 이 솔루션은 새로운 고객과 기존 ETQ Reliance NXG 고객 모두에게 즉시 제공됩니다.

ETQ, membre de Hexagon, a lancé la solution ETQ Reliance® Predictive Quality Analytics, intégrant des analyses pilotées par l'intelligence artificielle dans son système de gestion de la qualité (QMS). Cette solution, développée en partenariat avec Acerta Analytics, permet la détection précoce automatisée et la résolution proactive des problèmes de fabrication.

Les principales caractéristiques incluent :

  • Acquisition de données spécifiques à la fabrication
  • Analyse avancée des données
  • Surveillance prédictive et alertes
  • Analyse automatisée des causes profondes

La solution vise à prévenir les problèmes de production, à limiter la variation, à accélérer la prise de décision et à améliorer la qualité globale. Elle combine la technologie LinePulse AI et l'apprentissage automatique d'Acerta avec les flux de travail avancés de qualité d'ETQ Reliance, créant ainsi un système de qualité prédictif et en boucle fermée.

Ce lancement répond aux préoccupations des fabricants concernant la performance des installations, l'efficacité opérationnelle, la conformité, la gestion des risques et les rappels de produits. La solution est disponible immédiatement pour les clients ETQ Reliance NXG, qu'ils soient nouveaux ou existants.

ETQ, Teil von Hexagon, hat die ETQ Reliance® Predictive Quality Analytics Lösung eingeführt, die KI-gesteuerte Analysen in ihr Qualitätsmanagementsystem (QMS) integriert. Diese Lösung, die in Zusammenarbeit mit Acerta Analytics entwickelt wurde, ermöglicht die automatisierte frühzeitige Erkennung und proaktive Lösung von Fertigungsproblemen.

Zu den Hauptmerkmalen gehören:

  • Herstellungsspezifische Datenerfassung
  • Fortgeschrittene Datenanalyse
  • Prädiktives Monitoring und Warnmeldungen
  • Automatisierte Ursachenanalyse

Die Lösung zielt darauf ab, Produktionsprobleme zu vermeiden, Variationen zu begrenzen, die Entscheidungsfindung zu beschleunigen und die Gesamtqualität zu verbessern. Sie kombiniert Acertas LinePulse AI und Machine Learning-Technologie mit den fortschrittlichen Qualitätsarbeitsabläufen von ETQ Reliance und schafft ein prädiktives, geschlossenes Qualitätssystem.

Diese Einführung greift die Bedenken der Hersteller hinsichtlich der Anlagenleistung, Betriebseffizienz, Compliance, Risikomanagement und Produktrückrufe auf. Die Lösung ist sofort für sowohl neue als auch bestehende Kunden von ETQ Reliance NXG verfügbar.

Positive
  • Launch of AI-driven Predictive Quality Analytics solution
  • Partnership with Acerta Analytics for enhanced AI capabilities
  • Early detection and proactive resolution of manufacturing issues
  • Potential reduction in product recalls and quality issues
  • Improved decision-making speed and accuracy on the shop floor
  • Continuous learning and improvement of predictive algorithms
Negative
  • None.

Insights

ETQ's launch of the AI-driven Predictive Quality Analytics solution marks a significant advancement in quality management systems for manufacturing. By integrating Acerta's LinePulse AI technology with ETQ Reliance, the solution offers real-time data analysis and early defect detection, which could substantially reduce production issues and associated costs.

The partnership addresses critical industry challenges, including:

  • Reducing product recalls (73% of surveyed manufacturers reported recalls in the last five years)
  • Improving operational efficiency and compliance
  • Enhancing risk management and innovation

Key features like automated root cause analysis and advanced capability monitoring could lead to faster problem resolution and continuous improvement in manufacturing processes. This AI-driven approach, combined with human expertise, has the potential to significantly reduce scrap, rework and quality-related incidents, ultimately improving product quality and customer satisfaction.

For investors, this development signals ETQ's commitment to innovation and could potentially strengthen Hexagon's position in the manufacturing technology market. The solution's ability to address pressing industry needs may drive adoption and contribute to revenue growth in the quality management software segment.

The ETQ Reliance Predictive Quality Analytics solution represents a significant leap forward in manufacturing quality control. By leveraging AI and machine learning, it addresses a critical pain point in the industry: proactive quality management.

Key implications for manufacturers include:

  • Reduced risk of costly recalls and brand damage
  • Improved operational efficiency through early detection of issues
  • Enhanced decision-making capabilities on the shop floor
  • Potential for significant cost savings in field service, warranty claims and customer complaints

The solution's ability to continuously learn and improve its predictions based on real-time data is particularly valuable. This could lead to a competitive advantage for adopters, as they can potentially achieve higher quality standards and faster time-to-market.

For investors, this development signals a growing trend towards AI-driven manufacturing solutions. Companies that successfully integrate such technologies may see improved margins and market share. However, the effectiveness and ROI of such systems will need to be closely monitored as they are implemented across various manufacturing sectors.

ETQ Reliance eQMS Brings Actionable AI Insights for Early Detection and Resolution of Manufacturing Production Issues with a partnership with Acerta Analytics

BURLINGTON, Mass., Oct. 9, 2024 /PRNewswire/ -- ETQ, part of Hexagon, today launched the ETQ Reliance® Predictive Quality Analytics solution, bringing a new level of artificial intelligence (AI)-driven analytics to its ETQ quality management system (QMS). The solution enables automated, early detection and proactive resolution to prevent manufacturing problems, limit production variation, speed decision making, deliver prescriptive solutions to supply chain issues and boost overall delivered quality.

By extending proactive quality management to the shop floor, organizations can boost quality, innovation across the product manufacturing process – enabling product optimizations and continuous improvement.

ETQ has partnered with Acerta Analytics, a developer of predictive quality analytics software for manufacturers, to integrate Acerta LinePulse, an AI and machine learning-based solution, with ETQ Reliance. The partnership will allow ETQ and Acerta customers to benefit from a predictive, closed loop quality system that marries real-time data analysis with advanced quality workflows.

"Today's manufacturers worry about the performance of their plants, how to ensure operational efficiency, meet compliance requirements and manage risk, all while preserving innovation, ensuring on-time delivery of quality products to their customers," said Vick Vaishnavi, CEO of ETQ. "Heavy on their minds is the possibility of product recalls. In fact, in a recent ETQ Pulse of Quality in Manufacturing survey 73% of respondents said they had a product recall in the last five years, and 48% said there have been more recalls than there were five years ago. The ETQ Reliance Predictive Quality solution combines AI technology and expert human knowledge to help identify production problems sooner and resolve them faster to avoid costly, brand-damaging recalls and other quality issues."

"We're pleased to be partnering with ETQ. Coupled with Acerta's long-standing history of providing AI solutions to large automotive manufacturers, together we will now deliver insights to manufacturers that help them predict and resolve issues with real-time analysis of their shop-floor data, and expert feedback from ETQ Reliance users," said Greta Cutulenco, Co-founder and CEO, Acerta Analytics. "Our combined solution helps manufacturers work quickly and efficiently to prevent scrap and rework and manage critical quality events."

ETQ Reliance Quality Analytics

The ETQ Reliance Quality Analytics solution is an AI-driven Predictive Quality Analytics (PQA) application that ingests data from the shop floor via the Acerta LinePulse application. Acerta LinePulse predicts the likelihood of upcoming defects and integrates with the ETQ Reliance QMS to accelerate root cause analysis and speed-to-resolution while also improving predictive algorithms. This early detection and intervention can make a drastic positive impact on critical production KPIs such as scrap and rework, "first time right," stable production and others.

The solution brings actionable AI to the shop floor by sending early warning alerts when a manufacturing process is at risk of producing defects. These alerts create a quality event in ETQ Reliance so that users can investigate the nature of the alert, determine the resolution to resolve the issue, and return feedback to Acerta LinePulse. By keeping humans in the loop with AI-driven predictive capabilities, customers can reduce field service costs, customer complaints, safety incidents, warranty claims and recalls downstream, while helping product designers, manufacturing engineers and supply chain managers ensure better inputs to the manufacturing process. By reducing the time, it takes to address manufacturing challenges, companies can reduce the number of potential escapes and limit their recall exposure.

The feedback sent from ETQ Reliance to Acerta LinePulse causes the predictive algorithms to continuously learn, and become more effective, accurate over time. Consistently improving predictions using real-time data help make better decisions faster.

Acerta LinePulse brings additional features that improve shop-floor decision making, such as automated root cause analysis and advanced capability monitoring.

Key Features/Benefits:

  • Manufacturing-specific data ingestion: Collect, analyze and visualize manufacturing data from different sources all in one place, including process data from sensors, environmental data from inside the plant, test results, and quality inspection data.
  • Advanced data analysis: Designed for quality engineers and line operators; no in-house data science expertise is required.
  • Predictive monitoring and alerts: Get alerted about potential quality issues before they occur from the areas of production that make the most impact.
  • Automated root cause analysis: Generate a prioritized list of the most influential signals related to a failed quality inspection or test within minutes.

The ETQ Reliance Quality Analytics solution is available immediately and will be sold direct by ETQ, Acerta and other ETQ resellers to both new and existing ETQ Reliance NXG customers.

ETQ Reliance NXG is a comprehensive, cloud-native, analytics-driven quality management system for quality-centric customers in manufacturing, life sciences, electronics, food and beverage, automotive, aerospace, and other industries. The solution is a fully multi-tenant SaaS offering that delivers the limitless power of cloud-native technology to accelerate and elevate quality processes and reduce risk for companies.

Hexagon MI's Sixth Sense Program and Acerta

Acerta is a member of Hexagon's Sixth Sense accelerator program launched in January 2022 to assist manufacturing companies by providing them with access to Hexagon's extensive resources. The program is an open innovation platform that connects companies to address global challenges through manufacturing innovation.

About Acerta

Forged from industrial experience and driven by data science, Acerta helps discrete manufacturers get value out of their manufacturing data. Its ML/AI-powered software enables companies to make the right decisions fast, optimize production, and reduce the costs of poor quality. Acerta translates complex product data into actionable insights.

About ETQ

ETQ, part of Hexagon, is a leading provider of integrated quality management, health, safety, and environmental solutions for manufacturers. Firms around the world rely on ETQ to ensure optimal quality at scale, reduce costs and improve the velocity of data-driven decisions. Learn more at etq.com.

Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately 5.2bn EUR. Learn more at hexagon.com and follow us @HexagonAB

Click here to download a copy of ETQ's recent industry report: "The Pulse of Quality in Manufacturing 2024."

Logo - https://mma.prnewswire.com/media/2471328/4957250/ETQ_Logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/etq-launches-ai-based-predictive-quality-analytics-solution-302270625.html

SOURCE ETQ

FAQ

What is ETQ's new Predictive Quality Analytics solution?

ETQ's new Predictive Quality Analytics solution is an AI-driven application that integrates with their ETQ Reliance quality management system. It uses Acerta's LinePulse technology to predict and prevent manufacturing defects, improve quality, and reduce the risk of product recalls.

How does ETQ's Predictive Quality Analytics solution work?

The solution ingests data from the shop floor, predicts potential defects, and sends early warning alerts to ETQ Reliance. Users can then investigate and resolve issues, with feedback improving the AI's predictive capabilities over time.

What are the key features of ETQ's new Predictive Quality Analytics solution?

Key features include manufacturing-specific data ingestion, advanced data analysis, predictive monitoring and alerts, and automated root cause analysis. It's designed for quality engineers and line operators, requiring no in-house data science expertise.

When will ETQ's Predictive Quality Analytics solution be available?

The ETQ Reliance Quality Analytics solution is available immediately for both new and existing ETQ Reliance NXG customers. It will be sold directly by ETQ, Acerta, and other ETQ resellers.

How does ETQ's partnership with Acerta Analytics benefit customers?

The partnership combines Acerta's AI and machine learning expertise with ETQ's quality management workflows. This integration allows for real-time analysis of shop-floor data and expert feedback, helping manufacturers predict and resolve issues more efficiently.

HEXA

:HEXA

HEXA Rankings

HEXA Latest News

HEXA Stock Data