Industrial Times, October 2015.
Proven in single and multi-plant installations across North America, MEMEX’s MERLIN communications platform is an industrial-strength shop-floor-to-top-floor communications platform that provides efficiency metrics in real-time. Specifically, the MERLIN value proposition:
- Delivers a 10% – 50% average productivity increase
- Earns 20% plus profit improvement based on just a 10% increase in Overall Equipment Effectiveness (OEE)
- Consistently achieves payback in less than 4 months with an Internal Rate of Return (IRR) greater than 300%
- Connects to any machine, old or new, utilizing native MTConnect or hardware adapters for older machines
MERLIN market traction catapulted MEMEX’s revenue by 155% year over year for the third quarter of 2015, and 97% for the first nine months ending June 30, 2015.
MEMEX also has a new strategic partnership with Mazak. Mazak has named MEMEX to its exclusive Value Inspired Partner (VIP) program. The announcement comes at a time when Mazak is paving the way in digital resource productivity vi its iSMART Factory concept, an all-encompassing vision that harnesses the power of connectivity to optimize manufacturing operations at every level.
Mazak selects VIP partners that share its same forward-thinking approach to manufacturing. According to Brian Papke, president of Mazak, MEMEX makes the perfect VIP because Mazak knows first-hand how the company can create factories of the future today.