Cincinnati Process Technologies (CPT), a supplier to the plastics-molding industry, has teamed up with IoT Diagnostics, a maker of predictive maintenance sensors, to offer diagnostics to the plastics industry. IoT Diagnostics employs Internet-connected devices to analyze large sets of machine data to predict failures before they happen.
The two companies will collaborate to keep an eye on complex machinery, predict failures, and increase production efficiencies. The IoT system provides a custom dashboard with real-time alerts to keep facility managers informed. The partnership with CPT will allow IoT Diagnostics an opportunity to reach more plastics-molding businesses to bring their services to the industry’s machines and technology, which are ever-growing in complexity.