Below is from Peter Zelinski's blog titled:
NTMA Members Share Observations after Japan Manufacturing Tour
"Memex
The promise that machine shops see in machine monitoring and data-driven manufacturing was apparent in the high level of interest given to Memex CEO David McPhail when he gave the group a presentation on this topic and fielded questions (of which there were many). The majority of the trip members who responded to me cited this presentation on the use of data in manufacturing as one of the notable points of interest on the trip. Mr. McPhail gave his talk at one of the Mazak plants, because Mazak uses Memex software to monitor and improve its own operations.
Mr. Cope wrote, “Managing highly engineered shop floors [like those we saw] calls for some kind of monitoring and feedback system. The Memex presentation couldn’t have been more timely. Without a basic tool like this, a shop might either be blind or chasing the wrong problems. These digital feedback and monitoring systems will in many cases be the next level of productivity improvements for shops. Big Data is here. We now need the tools to parse the data and present it in a way that lets us make decision on the changes we need to make to improve our processes. ‘What gets measured, gets done.’”"
