article thumbnail

iBase-t Achieves Record Revenue in Fiscal 2023

iBASEt

License bookings grew 20% year-over-year with annual subscription revenue up 7x over the prior year as the company accelerates its shift to a cloud-native digital ecosystem SaaS solution provider. Fiscal 2023 revenue increased 38% over the prior year. iBase-t also expanded partnership with the Manufacturing Technology Centre (MTC).

article thumbnail

Why should manufacturers in Australia invest in Digital Transformation for effective production?

Factory Worx

Real-time data gathered from sensors, devices, and machines on the factory floor can be shared with other enterprise software stack components, such as enterprise resource planning (ERP) and other business management software, and used immediately by other factory assets. BOOK A DEMO. September 28, 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 16 Frequently Asked Questions About Manufacturing Execution system (MES)

Factory Worx

We will learn about the fundamentals of the Manufacturing Execution System (MES), its benefits, objectives, how it compares to Enterprise Resource Planning (ERP) in this post and much more. BOOK A DEMO. Book a DEMO with our Expert. What is a Manufacturing Execution System (MES)? May 11, 2022. FREE TRIAL.

article thumbnail

Why Asset Management in Smart Manufacturing is Key to Success

Factory Worx

Despite the numerous advantages, some firms may still doubt the necessity for asset management, particularly if they already have a system in place, such as Enterprise Resource Planning (ERP). However, because this is a widespread misunderstanding, it’s critical to understand the differences between AMS and ERP.

article thumbnail

What Is Scientific Maintenance? Part 1

Mold Making Technology

Level 2: Formal Log-Book System, Colored Tags, Work Order and Excel Spreadsheets I lump these four together because technicians use any of these methods to write down everything they think is relevant. CMMS, unlike the more considerable enterprise resource planning (ERP) systems, lean towards a focus of asset availability and uptime.