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Milacron Taps Into Artificial Intelligence to Mitigate Machine Failure

Teaming up with ei3, the OEM adds predictive maintenance capabilities to improve asset utilization.

Predictive Maintenance Capabilities Added To Milacron's M-Powered Suite
Predictive Maintenance Capabilities Added To Milacron's M-Powered Suite

OEMs understand that any machine downtime will cost their customers money. With that in mind, last year, Milacron, a manufacturer of plastics processing equipment, rolled out a suite of IoT applications, called M-Powered, that enable the machine builder to provide remote diagnostics and maintenance services to their end users.

 

An important part of the M-Powered portfolio is the use of artificial intelligence (AI) to capture machine data that can be turned into predictive maintenance capabilities to avoid costly unplanned downtime. Optimizing asset utilization is critical to productivity and profitability.

 

“It is important that Milacron customers make money with our machines. So, our mission is to help customers get the maximum utility from the capital that they spend,” says Giovanni Spitale, president of customer service and support at Milacron.

 

The initial M-Powered project began with a targeted application designed to identify real world opportunities. For that, Milacron turned to its longtime partner, ei3, a supplier of IoT services, to build in the predictive data collection capabilities of M-Powered.  

 

The ei3 data scientists collaborated with Milacron’s engineering team to investigate the OEM’s machine behaviors to find the kinds of failures and difficulties the equipment experiences, as well as depicting where the machines excel. The OEM and supplier’s long-time partnership sped the process, as a large amount of data had been gathered from Milacron’s customers and handled by ei3 over the years. This data was thoroughly analyzed for instances correlating with failures, which would provide opportunities to learn how to mitigate, prevent, or delay downtime. Similarly, instances of success were sought to learn how to make other machines perform to the same capacity.