ThinkIQ Secures Patent to Digitally Transform Manufacturing Processes

ThinkIQ recently secured a new patent for its platform that validates its ability to align data of continuous manufacturing material flow. The patent will help plant engineers, plant operators, and data scientists discover correlations, connections, and root causes to deliver comprehensive material traceability as manufacturers digitally transform their businesses. With this patent, ThinkIQ can further deliver granular and contextualized tracking of materials to improve yield, quality, safety, compliance and brand confidence for its customers.

ThinkIQ's platform includes advanced visualizations, cause & effect identification, industry benchmark reporting, and cross-plant KPIs. The platform reveals material movements to identify new insights and unlock improvement opportunities. The proprietary software incorporates Artificial Intelligence and Machine Learning with unique elements that make the analysis and presentation unique. ThinkIQ's Next Generation Historian maintains supply chain and manufacturing data for traditional data analytics tools, while the company's Semantic Model creates the required context to relate sensor data to equipment, processes, materials, and goods. ThinkIQ's Material Ledger is a key innovation in supply chain data analytics.

"ThinkIQ's technology provides a much-needed resource as businesses are looking to digitally transform their factories and product supply chains," said Doug Lawson, CEO of ThinkIQ. "This patent is a testament of our mission to deliver cutting-edge Industry 4.0 technologies and we continue to drive leading innovations in the smart manufacturing industry."