The consequence of this is that these customers are exposed to various risks such as
- Unscheduled production downtime
- Reputational damage due to missed deadlines for product or service delivery
- Wastage and spoilt goods
- Unproductive staff
All of these implications can directly impact a company’s bottom line.
Chrono-Logic Solutions believe that small and medium size businesses should have access to cost effective Condition Monitoring solutions.
Our stated objective is to provide a cost-effective Condition Monitoring solution platform which leverages the emerging Internet of Things technologies which are entering the market on mass.
The Chrono-Logic Solutions – Condition Monitoring platform is focused on a small number of niche industries at present but will be able to scale outwards into broader markets and applications in the future.
Our dashboarding tools provide customers with the ability to track metrics over a period of time to detect trends, predict impending problems and assist with maintenance planning.
Working with experts in the specific field of application, we are able to encapsulate expert knowledge to alert customers when key metrics stray out of acceptable bounds.
FAILURE PREDICTION AND SERVICE OPTIMISATION
Chrono-Logic Solutions will eventually be able to use statistical learning and machine intelligence to predict equipment failure based on the insights drawn from the vast volumes of data accumulated over time.