Harnessing advanced analytics for real-time performance improvement in complex manufacturing plants
A realistic approach in leveraging artificial intelligence to create impacts that matter to the business
Processing plants are complex, with intricate, non-linear interactions across thousands of variables and multiple trade-offs to solve for. Operating decisions are typically made through process control tools solving for a local optimization, or are based on an individual operator’s experience, which can vary significantly. Amidst this complexity, technology generates enormous amounts of data across the value chain. When used to its full potential, data can drive productivity improvement and help plants achieve optimal results. Capturing value from advanced analytics requires multiple skillsets, such as data science, process knowledge, and capability building. Compass Analytics leverages a full portfolio of digital solutions that combines best practices in operational excellence with its proprietary technology for real-time process optimization to help manufacturing plants embed real time and data-driven decisions to improve profit per hour.
We work side-by side with you to understand your unique challenges and co-innovate solutions that drive competitive advantage and deliver greater value to your organization. These include:
- Technology and business discovery sessions to educate business teams on most current themes in adoption of AI/ML capabilities in the sector. These sessions are also intended to identify key strategic priorities and assess readiness of pilot sites for technology adoption.
- Innovation funding program session in partnership with Canada’s AI Innovation cluster to introduce funding guidelines, eligibility requirements and application process for securing substantial funding for adoption of AI/ML technologies at your organization.
- Opportunity identification and selection in collaboration with business leaders to identify use cases and rank the catalogue of opportunities based on level of business impact and ease of implementation. We will also support you with development of business case including estimated Return of Investment (ROI), scope and delivery timeline.
- Secure non-diluted government funding up to 50% cost of technology commercialization including direct labor and expenses.
- Implementation of intelligent solutions delivered in three distinct phases:
1. Proof of Value (PoV)
2. Digital application design and build
3. Real-time integration and launch
- Training & Model Updates to ensure seamless interaction with the application and mastery of its diverse functionalities. Our products are developed with built-in monitoring capabilities that assess model accuracy enabling timely insights and recommending essential updates to analytical models.