Magic Software Enterprises FactoryEye (YouTube)
Israel’s Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) a global provider of end-to-end low code integration and application development platforms solutions and IT consulting services, released its newest data intelligence product, FactoryEye, built specifically for manufacturers. Magic boasts that its new platform will enable manufactures to transform into “Industry 4.0” with minimum changes to their enterprise systems.
According to IBM, Industry 4.0 is synonymous with smart manufacturing and the realization of the digital transformation of the field, delivering real-time decision making, enhanced productivity, flexibility and agility. IBM says that it is “revolutionizing the way companies manufacture, improve and distribute their products. Manufacturers are integrating new technologies, including Internet of Things (IoT), cloud computing and analytics, and AI and machine learning into their production facilities and throughout their operations.”
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New smart factories are equipped with advanced sensors, embedded software and robotics that collect and analyze data and allow for better decision making. And this is just one example. It is easier for big industries to constantly upgrade their facilities to meet the demand of the continuing changes to manufacturing and computer systems. And the rate of change is constantly speeding up. So it is smaller companies which need the help of services such as Magic Software’s new FactoryEye system.
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Founded in 1983, Magic Software provides “powerful and versatile” end-to-end, on-premises and cloud-based integration and low-code application development platforms. The company boasts over 30 years of experience, 24 regional offices, millions of installations worldwide, and strategic alliances with global IT leaders. It states that it enables its customers to “seamlessly adopt new technologies and maximize business opportunities.” Magic collaborates closely with its customers and thousands of business partners in 50 countries to accelerate their business performance.
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Calling all JDE users—learn how to enhance your #JDE program with our webinar, “How JDE Users Can Transform Factory Data Into Actionable Intelligence”, to be held this Thursday, May 13th. Register at the #JDEMart site: https://t.co/dtVhrGYEmQ pic.twitter.com/hniycWgk8a
— Magic Software (@MagicSoftware) May 12, 2021
Magic says that FactoryEye features intuitive and user friendly dashboards that provide manufacturers all the analysis they need in order to make faster and smarter decisions based on real time data and business analytics. The company adds that such capabilities translate into improved productivity, faster delivery times, and better control over the manufacturing processes which lead to increased customer satisfaction and higher profit margins.
FactoryEye offers dozens of prebuilt connectors to a range of enterprise applications and MRP systems, such as SAP, JD Edwards, and Infor, as well as MES, CRM, and PLM systems.
“The addition of FactoryEye to our software portfolio allows us to provide our new and existing manufacturing clients a comprehensive Industry 4.0 solution”, commented Guy Bernstein, CEO of Magic Software. “This aligns with our strategy of enhancing our portfolio with Enterprise grade technologies and complements our recent acquisition of PowWow’s SmartUX™, a low code platform for Mobilizing and Modernizing Enterprise Apps. Combining acquired technologies with enhancements to core products enables Magic to further accelerate its growth by becoming a strong player in the digital transformation and Industry 4.0 revolutions”
