Towards Industry 5.0: Zerynth’s Smart Reports Revolutionize Data Analysis with AI
Zerynth, a leader in Industrial IoT & AI, introduces Smart Reports, an innovative tool to streamline and enhance corporate report generation.
July 31, 2024
Pisa, July 31, 2024 – Zerynth, a leader in AI solutions for manufacturing companies, has launched Smart Reports, integrated with Zero, the AI Copilot acting as a virtual production assistant. Zero now automatically generates detailed reports based on data collected from industrial machinery, simplifying factory data analysis and enabling companies to embark on a seamless journey towards digitalization and efficiency, in line with national standards.
In the era of Industry 4.0 and 5.0, the ability to analyze and interpret data from interconnected machinery is crucial for business competitiveness. However, a recent Lenovo study reveals a concerning reality: 51% of Italian companies admit to lacking the necessary IT skills, specifically in data-related competencies.
To tackle this challenge, over 90% of Italian companies plan to invest more than one million euros in the next 12 months in data-driven technologies and initiatives. Data analysis is not just a competitive advantage but a necessity for making informed decisions and minimizing operational errors.
With the publication of the Industry 5.0 Implementing Decree, it is now clear that it is essential to monitor and interpret data extracted from machinery to demonstrate real savings in terms of consumption. Therefore, the need arises to easily convert extracted data into reports that are quick and easy to interpret.
Companies will undoubtedly face challenges in managing the large volumes of data generated by interconnected machines, as the interpretation of such data goes beyond the analytical and interpretative capabilities of human operators.
In response to these needs, Zerynth has developed a cutting-edge solution: Smart Reports, supported by Zero, the Industrial AI Copilot. This new feature, integrated into the Zerynth Industrial IoT & AI Platform, enables the interpretation of large volumes of data, generating automatic reports that are comprehensive, detailed, and easy to understand. The complexity of managing data from interconnected machinery is thus overcome, allowing human operators to focus on strategic decisions rather than manual data analysis.
Zerynth’s Smart Reports offer numerous advantages for companies. They enable data-driven decision-making, improve the understanding of operational trends and performance, and increase decision-making transparency. These reports are available in PDF and CSV formats, ensuring flexibility in use and information storage. Additionally, they can be standard or customizable, allowing companies to tailor them to their specific needs and receive them automatically via email periodically or on a one-time basis, thus easily identifying variations in key process KPIs.
Among their many benefits, Smart Reports significantly accelerate the production of documentation related to ESG regulations and certifications required by the Industry 5.0 Plan. These reports simplify all reporting activities, particularly those intended for regulatory bodies, suppliers, and members of the production chain.
These activities typically require many hours of work for SMEs, but today can be fully automated thanks to Zerynth’s Smart Reports. Moreover, it is possible to request the development of customized reports, further extending the Zerynth Platform to allow automatic report submission to regulatory bodies or external recipients.
“Smart Reports are the initial starting point for companies for any improvement actions to be undertaken, even in terms of Industry 5.0,” says Emanuele Figliolia, Product Manager of Zerynth. “If a company wants to implement any Continuous Improvement program, Smart Reports provide strategic insights and recommendations on improvements and changes to be made, for example, identifying critical points in the production chain.”
In conclusion, Smart Reports represent a fundamental step for companies wishing to fully exploit the potential of their manufacturing data, improving efficiency, quality, and competitiveness. In an increasingly complex industrial landscape, Zerynth positions itself as a key partner for the digital transformation of Italian companies.
With Smart Reports and Zero, the Industrial AI Copilot, companies can finally overcome challenges related to data management and interpretation, paving the way for a more efficient and innovative future.
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Zerynth
Zerynth revolutionizes industrial production with an advanced platform that integrates IoT and AI, facilitating the optimization of production processes and reducing energy consumption. Our mission is to enable companies in their digital transformation journey by easily connecting any machinery to a powerful Industrial AI system. With the launch of Zero, the Industrial AI Copilot, we position ourselves as leaders in the field of industrial AI, promoting production efficiency and sustainability.
Our platform allows real-time monitoring of machinery performance, advanced KPI analysis such as OEE, and predictive maintenance. Zerynth seamlessly integrates with ERP, MES, and BI systems, ensuring data security and rapid configurations thanks to the No-Code Configurator.
Founded in 2015 in Pisa, Zerynth serves over 150 client companies across various industrial sectors.
For more information: www.zerynth.com
Press Release Office:
Alice Benozzi | communication@zerynth.com