5 reasons to choose TwinThread Predictive Operations system
In an increasingly competitive business environment, technology is the most important asset for companies to maintain their competitive edge.
There has never been more potential for the use of technology to streamline and automate processes for better operations management.
Providers of such technologies include TwinThread, with its Predictive Operations platform. In this article we look at five ways businesses could use Predictive Operations to benefit everyday processes.
Automating processes can be a valuable move to make when looking to maximise production outputs while maintaining a high level of quality control.
TwinThread helps users to get the most value quickly to streamline changes in production, leaving more time for engineers to continue developing and optimising performance.
As demands are continuously changing, TwinThread makes it possible for systems to adapt to these changes quickly.
Using Predictive Operations can limit waste in the form of time and other production elements by measuring and monitoring key performance information quickly.
As processes evolve, time is one of the most valuable assets for operations to manage.
Having a system that is easy to implement and straightforward to use can reduce the strain on human resources and limit time lost through much needed learning.
TwinThread understands the importance of streamlining the implementation of a new system. Its Predictive Operations platform “was built from the ground up for industry – by industry experts” and can be easily adopted by engineers to ease pressures on operations personnel.
It has never been more beneficial for companies to use IoT to encourage collaborative efforts with full process visibility.
Allowing production systems to work together with IoT means that operations can be monitored frequently as businesses begin working remotely.
One of the main benefits of developing IoT is increased visibility of data to all devices without direct accessibility to a production line or factory.
TwinThread explains “By using our six targeted predictive applications, they can tap into any performance metric they are looking to gain visibility for.”
Improve upon what you have
TwinThread’s system applies a continuous improvement process which, in collaboration with new performance information, allows engineers and operators to focus on improving efficiency, reliability and performance.
As the system develops businesses no longer need to have the most modern system to make modern improvements to their factory or production line.
Click here for more information on the TwinThread Predictive Operations System.
Airswift Competentia merger spurs global digital recruitment
Airswift and recruiting and workforce management specialist Competentia have merged to form one of the world’s foremost workforce solutions providers serving the energy, process, infrastructure, mining and technology industries.
The combined entity, which retains the Airswift name, will offer clients enhanced global access, particularly in the Americas, Asia Pacific, Europe and Africa. Competentia recently opened an office in Texas, complementing Calgary, Anchorage and Houston in the region.
Airswift chief executive, Janette Marx, will be CEO of the merged entity and Competentia Group CEO, Jayden Wallis, will play a key role on the executive team as Chief Marketing Officer and SVP of ASPAC. Kyle McClure will become CFO of the combined company.
Marx said there had been a long been mutual admiration between both companies, which share a mutual ambition to become the workforce solutions provider of choice for clients, candidates and contractors in the energy and technology industries.
“In a rapidly digitizing, post-pandemic environment, companies across the world’s technical sectors must quickly respond to new ways of working to achieve sustainable, long-term growth," she said. "We believe that our combined size and experience, and our firm focus on the energy transition, perfectly positions us to help clients respond to the complex workforce challenges of the future. Through digital and people-based solutions, we will ultimately shape the technical sectors of tomorrow.”
As a result of the merger, mid-market and blue-chip companies alike gain access to an even broader range of truly integrated services. Talent acquisition, professional search, international contractor management, global employment outsourcing, consultancy and payroll management are just a few of the workforce solutions on offer.
Wallis added: “We see this as an opportunity to create the world’s most forward-thinking workforce solutions provider.
“We also believe we have a key, supporting role to play in enabling the energy transition, not only in the industries we serve, but through responsible business operations, business models, investment in technology and innovation, and collaboration with our peers. Our combined strength and shared ambition mean we’re even better placed to deliver on that.”
Ian Langley, Airswift’s Chairman, said: “It was obvious from our opening call that a potential merger had great merit. Not only did our combination make perfect commercial sense, but we found that our organizations had similar cultures and aspirations, and we quickly discovered a unique alignment.”
Airswift and Competentia’s private equity backers, Wellspring Capital and Reiten & Company respectively, are retaining their stakes in the merged entity and will continue to be actively involved with the business. Airswift has also issued a bond on the Norwegian bond market to ensure maximum flexibility and access to alternative funding in the future.
Matthew Harrison, Managing Partner at Wellspring Capital, said: “Airswift and Competentia share the same foundational values and are guided by both delivering excellence to their clients and creating a great employee experience. Together they can do this even better, and I look forward to seeing the new merged company do great things.”
Bård Ingerø, Managing Partner at Reiten & Co concludes: “These are two companies with such similar cultures and successful track records, which we believe will fit together seamlessly to offer the market the greatest possible breadth, depth and quality of services, wherever clients may operate.”
Patrick Tame, CEO of Beringer Tame, says only agile and digitally savvy businesses have survived the storm from the pandemic, and will continue to do.
“The battle to keep ahead in an environment of rapid technological, market and consumer behaviour changes has caused businesses to rush to hire digital talent that has enabled them to shift the way they operate," he writes.
"When there are skill shortages in a particular sector - such as the digital market - hiring the best, before the competition, can make a real difference when it comes down to overall business success. So the businesses that are privy to a team of consultants who boast priceless depth of industry knowledge and mastery are guaranteed to have a competitive edge."