Apr 13, 2023   SOURCE: BusinessWire

Parsec Recognized for Internet-of-Things Innovation in Fourth Annual Data Breakthrough Awards

Parsec Automation Corp. today announced that its manufacturing execution system (MES), TrakSYS, was named the “Best Use Of Data For IoT Applications” in the fourth annual Data Breakthrough Awards. The prestigious awards program recognizes the top companies, technologies, and products in the global data technology market today.

“We’re honored that TrakSYS has earned this recognition,” said Eddy Azad, chief executive officer at Parsec. “For more than 30 years, our team has been driven by a relentless commitment to our customers’ success, always improving on our innovations to deliver focused solutions that help manufacturers achieve their evolving goals.”

In today’s digitally-focused manufacturing businesses, data plays a critical role in making informed decisions—however, there are many infrastructure-related challenges with effective data collection in these complex environments. TrakSYS benchmarks performance and productivity by collecting and aggregating data from virtually any source (PLCs, ERP, IIoT devices, manual inputs, and more) to deliver real-time, actionable intelligence, all while leveraging the existing assets, resources, and infrastructure of the plant.

These valuable insights help manufacturers maximize asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, decrease lead times, and improve profitability. The recognition from the Data Breakthrough Awards underscores Parsec’s leadership in the manufacturing technology space.

“Manufacturing organizations are looking for a way to get started with IoT and smart manufacturing but don’t always have the data they need,” said James Johnson, managing director, Data Breakthrough. “In the crowded field of manufacturing tech, TrakSYS stands out from the competition for its data-driven insights, visibility, extensibility, and interoperability. Parsec stays ahead of the MES curve by constantly advancing the underlying technology that drives its customers’ businesses forward.”

The selection criteria for the Data Breakthrough Awards were as follows:

  • Innovation: Does the product introduce new capabilities of significant improvements?
  • Performance: Does the product perform to a degree that improves overall performance versus competitors or previous solutions?
  • Ease of Use and Manageability: Is the product easy to install? Will the product scale to accommodate growth?
  • Functionality: Does the product deliver as promised? Does it provide greater or more useful functionality than others in its category?
  • Value: Does the product represent a cost-effective solution? Can its ROI be easily justified?
  • Impact: What needs does the product uniquely meet? What problems does it solve?

Click here to learn more about how TrakSYS makes managing manufacturing operations as simple as possible.

About Parsec

Parsec is the developer of TrakSYS, a proven operations management software application and solution platform designed to significantly improve manufacturing processes. Parsec is committed to providing best-in-class products and solutions to our worldwide community of clients to assist them in optimizing their manufacturing operations. There are thousands of TrakSYS licenses in use around the globe in a wide variety of Industries.

TrakSYS helps manufacturers to maximize asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, decrease lead time, and improve profitability. For more information about Parsec and TrakSYS, please visit the corporate website at www.parsec-corp.com.

About Data Breakthrough

Part of the Tech Breakthrough organization, a leading global provider of market intelligence and recognition platforms for technology innovation and leadership, the Data Breakthrough Awards program is devoted to honoring innovation and market disruption in data technologies, services, companies and products. The global Data Breakthrough Awards program provides a forum for public recognition around the achievements of data companies and solutions in categories including data analytics, management, infrastructure and hardware, storage, Business Intelligence and more. For more information visit DataBreakthroughAwards.com.