Smart Molding International 2-2020

48 smart_molding international 2/2020 service M -Powered is an industry-lead - ing suite of IIoT applications for operators, managers, and service technicians. The new ap - plications take M-Powered predictive capabilities yet one step further. Focus - ing not just on point-failure prediction, next-generation of machine learning algorithms are used to continuously quantify the impact of wear-and-tear. Three applications made available to manufacturers beginning in June 2020 with the assistance of our data science partners, ei3. “Our data science team has crafted algorithms that give operators valuable insights into the inner workings of the Milacron machine; for the first time, it allows us to quantify the impact of wear and tear as it progresses,” said Dr. Stefan Hild, Director of Data Sci - ence at ei3. “Operators can then take smart decisions by weighing that cost against the cost of maintenance. This was only possible by close collabora - tion between our data scientist and the engineering team from Milacron. This is a true milestone for the industry.” Predictive analytics provides unlim - ited pathways to leverage data science to track machine condition and advise operators on providing actionable knowledge when it comes to trigger - ing maintenance actions. Three new applications are being adapted from extensive research and testing onMila - cron machinery in hopes to go beyond the typical break-fix methodology cur - rently happening at scale in injection molding and extrusion. “One of the most important move - ments in the last few decades is the evolution toward lean manufacturing. As manufacturers evaluate and reform their operations to reduce waste, ef - ficiency can reach new heights,” said Edward Jump, M-Powered IIoT Digital Analytics Leader at Milacron. “In real- world applications, true maintenance requirements are based on many vari - ables. Through the adoption of ma - chine learning and advanced analytics and AI, M-Powered can now monitor signals of impending failure. When combined, these are key indicators that allow manufacturers to deploy maintenance resources; improvements accrue to manufacturing in the form of cost savings and added efficiency.” Three new applications are being adapted from extensive research and testing onMilacronmachinery in hopes to go beyond the typical break-fix meth - odology currently happening at scale in injection molding and extrusion. Screw efficiency analysis The plasticizing screw is an essential component that conveys a resin while generating and utilizing the mechani - cal and conductive energy necessary to melt the polymer and build a ho - mogenous melt necessary to mold an acceptable part. With each unique application, this highly engineered Milacron, a leading industrial technology company serving the plastics processing industry, is announcing its latest data-driven developments in Industrial Internet of Things (IIoT) predictive capabilities available to M-Powered users later this year. Milacron unveils new M-Powered applications