How does 4E capture real time data that drive your KPIs?

There has been substantial effort in automation and usage of computers in manufacturing processes during the Industry 3.0 revolution. Aiding manual efforts with computerization, increases efficiency. Moving ahead to the times of data revolution, consuming this data to increase effectiveness of decisions is the cognizant expectation.

The biggest challenge with data is its sheer volume. As such, the data which is essential and must be used to drive KPIs may not always be readily available. Sometimes machines which capture data do not have automated interfaces to extract data, and need manual intervention. This causes data accessibility issues. There is good amount of effort needed to solve both the challenges.

Once data is made available and accessible, it is aggregated and made ready to be consumed. What follows is assessment of quality of this data to ensure its accuracy. Trust with this data is very important. Ultimately, higher the automation and lesser the manual intervention in obtaining data, closer it gets to real-time metrics derived from machines and processes. Such data is naturally considered more trustworthy. Yet, machine calibrations to avoid data deception are imperative.

4E integrates with external data systems (SAP and RDBMS) to capture all critical data points essential to drive the business KPIs. 4E allows flexible configurations upon secure authorized data channels, which makes data retrieval and manipulation easy and effortless.

4E allows employees to create formulas (computed metrics) to drive KPI targets, actuals and even YTD calculations. More the data automation, easier it gets to track, monitor, analyze and control the KPI performance. Reducing the need for manually entering the data for KPIs into 4E is always the operational goal, yielding a true real-time data driven business performance review system.