Discover your next big idea for life sciences at PACK EXPO Las Vegas
Experience a breakthrough in life sciences packaging—explore solutions from 2,300 suppliers spanning all industries, all in one place this September

Manufacturers can make safety a profit center

Schneider Electric outlines how the soon-to-be-announced Safety Advisor technology, based on Triconex and EcoStruxure, will create a “profitable safety” business model.

The digitization of data can turn safety systems into intelligent assets that feed into the bottom line of the business.
The digitization of data can turn safety systems into intelligent assets that feed into the bottom line of the business.

Machine safety is necessary for the manufacturing environment, but historically it has been a bit of a drag on business. Manufacturers are required to invest money in safety systems to protect people and the environment, but those same systems may limit or restrict the process. So it’s a cost for new equipment or technology and it’s a cost to production as it may slow down the operation. On top of that, the people who speak the machine’s language — meaning the Baby Boomers who can put their hand on a valve to hear it “talk” to them — are retiring, leaving inexperienced operators to oversee the assets.

On the surface, safety has the reputation of being a costly necessity that is perhaps a bit of a nuisance. But there’s good news on the horizon, as the digitization of data can turn safety systems into intelligent assets that feed into the bottom line of the business.

For some time, Schneider Electric has been talking about the concept of “roll-up accounting,” in which calculations are done for each value point in the process in order to understand the real-time business impact. Products from the company’s “profitable plant” concept were introduced over the last few years as part of its EcoStruxure Industrial Internet of Things (IIoT) architecture. Specifically, Schneider’s Profit Advisor, a technology jointly developed with Seeq, a provider of big data analytics for process historians, provides measurable results by connecting intelligent edge assets to the cloud and applying real-time accounting that is linked to the historian.

Researched List: Blister Machines for Life Sciences
Need a blister machine for life sciences packaging? Our curated list features companies serving pharmaceutical, medical device, nutraceutical, and cosmetic industries. Download to access company names, locations, machine specifications, descriptions, and more.
Download Now
Researched List: Blister Machines for Life Sciences
List: Digitalization Companies From PACK EXPO
Looking for CPG-focused digital transformation solutions? Download our editor-curated list from PACK EXPO featuring top companies offering warehouse management, ERP, digital twin, and MES software with supply chain visibility and analytics capabilities—all tailored specifically for CPG operations.
Download Now
List: Digitalization Companies From PACK EXPO