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Frost & Sullivan recognizes MEMEX Inc. as 2016 Global Product leader in Machine Monitoring System

SANTA CLARA, California, Jan. 19, 2017 /PRNewswire/ — Based on its recent analysis of the global machine monitoring systems market, Frost & Sullivan has recognized MEMEX Inc. with the 2016 Global Frost & Sullivan Award for Product Leadership. With this award, MEMEX receives worldwide acclaim for its turnkey machine monitoring and automation solutions, especially its flagship product, MERLIN, a next generation scalable IIoT communication platform. The company continuously improves its products to stay relevant to a cross section of customers from the aerospace, automotive, and advanced industrial sectors. It further sets itself apart with its outstanding technical service, support, training, and software developm

By offering true shop floor to top floor communication and visibility at plant- and enterprise-level along with enhanced data collection, and tailored reporting capabilities, MERLIN presents specific data results that customers need to make strategic decisions reducing their overall capital expenditure. The MERLIN platform connects the shop floor with the top floor of any manufacturing facility by leveraging the Industrial Internet of Things (IIoT) Mega Trend in its overall concept and design. Acknowledging the importance of user friendliness, MEMEX designed the system in a way that the installed communications base and open machine integration software collects and houses all machinery data in a single, easy-to-access control panel and displays the data on an interactive dashboard. Furthermore, MERLIN  helps customers track and understand various performance metrics displayed on its system dashboard and performance trend charts.

“One of the distinguishing features of MERLIN is its operator portal, with its ability to perform machine-related operator inputs through a Microsoft Windows-based application,” said Frost & Sullivan Research Analyst, Rohit Karthikeyan. “This parameter-driven software allows operators to quickly tailor the operator portal to display the information they need on their personal devices. It makes the machine information accessible while still channeling operator information inputs, commands, and notices through the plant’s communication platform.”

Underlining its commitment to innovation, MEMEX expanded MERLIN’s offerings to include:

  • MERLIN Tempus, which supports enterprise-level machine connections and serves as a platform for shop floor communications
  • MERLIN MES, which enhances monitoring and browser-based graphical display capabilities for complete manufacturing execution systems
  • MERLIN DNC, which facilitates file transfers to machines from computer-aided drawing and manufacturing programs
  • MERLIN FOEE, which provides specialized financial overall equipment effectiveness (OEE) metrics to visualize real-time hourly profit contribution by product
  • MERLIN MTC-One, a circuit board hardware that connects machines to a network with multiple analog and digital inputs

MEMEX has taken innovation a step further by including product features such as the HTML-based widgets in the dashboard presentation layers of MERLIN. These widgets permit customers to smoothly tailor their data reporting to show only specific and relevant machine performance information to production teams. Combined, these features result in a highly scalable data reporting solution.

“MEMEX looks to make ‘cross-industry machine connections’ by providing machine and process monitoring, OEE, and communications functionalities,” noted Karthikeyan. “No other machine monitoring system offers such a solution, and it helped MEMEX achieve its mission of measuring manufacturing excellence.”

Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the solution quality and the customer value enhancements it enables.

Frost & Sullivan’s Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About MEMEX

MEMEX Inc., the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement. For more information, please visit: www.MemexOEE.com

Media Contact
MEMEX Inc.:
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@MemexOEE.com

Rashi Rathore, Marketing Manager
Phone: 905-635-3040 ext 103
Email: Rashi.Rathore@MemexOEE.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.

Contact:

Chiara Carella
P: +44 (0) 207.343.8314
F: 210.348.1003
E: chiara.carella@frost.com

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MEMEX Inc. to Demonstrate an Array of World-Class IIoT Solutions at IMTS 2016

BURLINGTON, ON–(Marketwired – Sep 8, 2016) – Memex Inc. (“MEMEX” or the “Company”) (TSX VENTURE: OEE) is proud to announce that it will be unveiling and demonstrating an array of world-class Industrial Internet of Things (IIoT) software and hardware platforms at the International Manufacturing Technology Show (IMTS) in Chicago, between September 12th to the 17th.

With these announcements, MEMEX is redefining what it means to truly know what is happening in your plant. MEMEX has long been recognized as the leader in both shop floor monitoring, as well as providing MTConnect software and hardware solutions for any piece of manufacturing equipment on the plant floor.

Doug Bellin, Global Lead for Manufacturing and Energy Industries at Cisco, stated, “Since early 2015, Cisco has been working closely with MEMEX on IIoT security solutions based on MTConnect. Cisco is excited about the upcoming announcements at IMTS 2016. This further demonstrates MEMEX’s global leadership and their ability to connect all devices on the plant floor, using Cisco’s secure networking solutions, thereby turning that raw data into secure actionable information for the operator, plant manager and CxO to use to improve manufacturing productivity.”

New Product Announcements at IMTS 2016

On Monday September 12th, 2016 MEMEX will unveil MERLIN Tempus™ and MERLIN Tempus Enterprise Edition (EE). MERLIN Tempus is an open and extensible Manufacturing Execution System (MES) platform which offers the next generation of tools such as dynamic easily configurable dashboards and advanced reporting along with many other manufacturing analytical capabilities that enable time-saving execution of continuous improvement initiatives using Real-Time and historical data.

Developed using state-of-the-art software engineering technologies, MERLIN Tempus delivers green-light metrics and analytical capabilities to effectively reduce downtime while increasing throughput and profits. MERLIN Tempus EE extends the capabilities of MERLIN Tempus with full Overall Equipment Effectiveness (OEE) and integrated job scheduling. MERLIN Tempus EE creates an opportunity for a dramatic increase in OEE based on accurate Real-Time information collected using a true shop-floor-to-top-floor communication network connecting all machines, old and new.

On Tuesday September 13th, 2016 MEMEX will introduce the MTC-One. MEMEX has established itself as the company that addresses “the last meter” and leaves no machine behind when it comes to legacy connectivity on the plant floor. The MTC-One is the “Swiss army knife” hardware device for legacy machine connectivity enabling any machine on the plant floor to become MTConnect® capable.

On Wednesday September 14th, 2016 MEMEX will introduce MERLIN Financial Overall Equipment Effectiveness™ (FOEE™), MERLIN DNC and MERLIN Continuous Improvement (CI) Professional Services (PS). The holy grail for manufacturing is not simply knowing how effective a specific machine tool or the entire plant is, but rather it is knowing both the effectiveness and the profitability or loss of any given machine tool as well as the entire plant. MERLIN DNC is a reinvention of DNC fitting to current software and hardware platforms with the emphasis on ease of use and feature capabilities. MEMEX CI-PS is a new and much needed service where MEMEX consultants will assist customers in achieving the highest possible in-plant productivity using the MERLIN platform.

Dave Edstrom, CTO of MEMEX Inc., author of “MTConnect: To Measure Is To Know”, as well as former President and Chairman of the MTConnect® Institute, stated, “These announcements at IMTS 2016 represent years of research and development investment. We will be demonstrating and delivering state-of-the-art technologies with industry leading features that will further distance MEMEX from its competition.”

MEMEX’s entirely new software and hardware platforms are built upon the success of the current award-winning MERLIN software suite, which has enabled manufacturers to achieve upwards of 50% increase in productivity, a 20% plus increase in profit based on a 10% increase in OEE, along with securing payback in less than four months which equates to an Internal Rate of Return greater than 300%.

David McPhail, CEO of MEMEX Inc., and Mr. Edstrom, will be in booth E3368 to discuss and demonstrate these new game-changing software and hardware along with other MEMEX industry experts. Both Mr. McPhail and Mr. Edstrom have been recognized as two of the top 30 Advanced Manufacturing Visionaries by Smart Manufacturing Magazine.

About MEMEX:

MEMEX, the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate networks, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement. For more information, please visit:www.MemexOEE.com

Media Contact

Memex Inc.:

David McPhail, CEO

Phone: 519-993-1114

Email: david.mcphail@MemexOEE.com

 

Rashi Rathore, Marketing Specialist

Phone: 905-635-3040 ext 103

Email: Rashi.Rathore@MemexOEE.com

 

Investor Relations

Sean Peasgood, Investor Relations

Phone: 416-565-2805

Email: Sean@SophicCapital.com

 

 

MEMEX Inc. Showcases New World-Class IIoT Solutions at IMTS 2016

MEMEX’s Real-Time Machine Manufacturing Value Proposition Increases

BURLINGTON, ON–(Marketwired – Sep 1, 2016) – Memex Inc. (“MEMEX” or the “Company”) (TSX VENTURE: OEE) will be unveiling and demonstrating the next generation of Industrial Internet of Things (IIoT) hardware and software solutions including the next release of MERLIN, the company’s core IIoT communication platform, at the International Manufacturing Technology Show (IMTS) in Chicago from September 12 to 17, located at booth E 3368.

Building upon the success of the current award-winning MERLIN platform, the next release of MERLIN allows manufacturers to take control of their shop floor and optimize efficiency at a whole new level. MERLIN has enabled manufacturers to achieve upwards of 50% increase in productivity and over 20% increase in profit based on a 10% increase in OEE. On average, over 100 MERLIN customers have secured payback in less than four months, which translates to an Internal Rate of Return greater than 300%.

“Our next release of MERLIN is designed to be the most scalable and powerful plant monitoring software in the company’s history,” said David McPhail, MEMEX’s CEO. “With this release we will expand MERLIN´s value proposition for our partners and our customers by giving manufacturers the option to move their real-time machine monitoring off-premise and to scale their Smart Manufacturing needs as required for IIoT centric business outcomes.”

New smart-edge IIoT hardware connectivity solutions by MEMEX will open up the world of IIoT for manufacturing by translating a wide variety of digital, analog and other signals/protocols into MTConnect® (the open source and royalty free interconnectivity communication standard).

With these announcements MEMEX is redefining what it means to truly know what is happening in your plant. Additionally, MEMEX will further itself as the leader in both shop floor monitoring, as well as providing MTConnect® software and hardware solutions for any machine on the plant floor.

David McPhail and Dave Edstrom, former President and Chairman of the MTConnect®Institute and the current CTO of MEMEX, will be in booth E3368 to demonstrate the new software and hardware platform along with other MEMEX industry experts. Both Mr. McPhail and Mr. Edstrom were recognized as two of the top 30 Advanced Manufacturing Visionaries by Smart Manufacturing Magazine and can speak on a wide range of industry trends.

MEMEX’s IIoT specialists will be looking forward to your visit at IMTS Chicago. If you require any further information or would like to make an appointment for a personal interview, please let us know by emailing Salesgroup@MemexOEE.com.

About IMTS

IMTS 2016 is the 31st edition of the premier manufacturing technology show in North America. More than 2,000 exhibiting companies will occupy 1.3 million net square feet of exhibit space at the McCormick Place complex in Chicago, Illinois. IMTS is held every even-numbered year in Chicago and attracts more than 114,000 buyers and sellers from over 112 countries.

About MEMEX

Memex Inc., the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement. For more information, please visit: www.MemexOEE.com

Media Contact:

David McPhail, CEO

Phone: 519-993-1114

Email: david.mcphail@MemexOEE.com

 

Rashi Rathore, Marketing Specialist

Phone: 905-635-3040 ext 103

Email: Rashi.Rathore@MemexOEE.com

 

Investor Relations

Sean Peasgood

Phone: 416-565-2805

Email: Sean@SophicCapital.com

 

MEMEX Inc.’s winning streak continues

BURLINGTON, ON–(Marketwired – Aug 3, 2016) – Memex Inc. (“MEMEX”) (TSX VENTURE:OEE) announced today it has received several new orders for its MERLIN Enterprise Edition platform for manufacturing. Pioneer Products Inc. will be installing MERLIN in an 11 Machine initial phase, and both TECT Corp. and Aerofit, LLC., already MEMEX customers seeing success with MERLIN, have extended their adoption with follow-on orders for their facilities.

“The business risk in installing MERLIN is so small and the benefits are so big that it is almost a no loss business decision,” says Frank V. Bailey, COO, Pioneer Products, as he explains one of the key factors that determined the Pioneer Products’s decision to install MERLIN.

“Recognition of the tremendous benefits offered by MERLIN by high quality precision and aerospace manufacturers along with continuous increasing adoption by existing MEMEX clients is a testament of how valuable MERLIN is to the manufacturing sector,” says John Rattray, Vice-President Sales and Marketing at MEMEX Inc. “Accurate data provided by MERLIN enables business to harness the true power of Data-Driven Manufacturing along with achieving positive tangible business outcomes in terms of productivity, profits and payback.”

About Pioneer Products Inc.:
Pioneer Products is a precision CNC machine shop with machining, grinding, plating, heat treating and engineering support for all manufacturing needs. Their 112,000 square-foot manufacturing and office facility features multi-functional machining capabilities with about 100 machines.

About TECT Corp.:
With twelve facilities in the U.S., and with more than 65 years of aerospace experience, TECT Corp. manufactures complex aerostructure components, machined components, parts and complex assemblies from the full spectrum of traditional and aerospace alloys servicing commercial and military aircraft.

About Aerofit, LLC.:
Aerofit, LLC. designs and manufactures high and low pressure fluid fittings and fitting systems for the aerospace, marine, nuclear and other critical industries. Their capabilities span the entire business and production cycle, from feasibility studies to qualification testing and post-manufacturing functional testing.

About MEMEX:
MEMEX, the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement.

Media Contact

Memex Inc.:

David McPhail, CEO

Phone: 519-993-1114

Email: david.mcphail@MemexOEE.com

 

Rashi Rathore, Marketing Specialist

Phone: 905-635-3040 ext 103

Email: Rashi.Rathore@MemexOEE.com

Cisco and MEMEX partner to win the secure IIoT Market

Kicking Some Digital Ass in Las Vegas

July 21, 2016 | Sophic Capital | Sean Peasgood & Marcel Valentin

 

99% of manufacturing machine data is trapped inside the machines. Real-time machine data is essentially non-existent because manufacturers fear security breaches in a net worked machine environment. Unlocking this data via secure networks and allowing overall equipment effectiveness (OEE) analysis would weed out invisible and expensive inefficiencies. This issue was at the forefront of IIoT experts in the connected machines pavilion at Cisco live, Cisco’s annual technology conference. We saw Cisco’s secure network solution for manufacturing environments, which was exhibited with partner MEMEX’s manufacturing operations management system platform. Mass adopt ion of using real-time, machine data analytics to create business outcomes is beginning, and MEMEX (a Sophic Capital client) is positioned to become the industry leader.

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