Waylay Simplifies Complex Processing Industries and Bolsters Digital Transformation With Productized Use Cases
Increase innovation velocity and kick-start new industrial business models with little effort and minimal risk
Waylay, a leading enterprise software company at the forefront of the unified IT-OT digital transformation, announced that it offers productized use case templates for the processing industry to kickstart the creation of new business flows and experiment with ideas to generate new revenue.
“We put data in the hands of process owners, domain experts, data scientists, and business strategists and we allow them to experiment with data automation and analytics without having to go through the traditional lengthy and expensive software development cycles,” said Leonard Donnelly, CEO of Waylay. “Our low-code rule designer collects and analyzes different data streams to create digital twins as the vehicle for automation and to optimize the use and yield of manufacturing assets and equipment. Our offering is packed with ready-to-use blocks, yet fully open to extend and innovate in all processing industries such as oil & gas, pharma, steel production, energy & power generation, chemical & refining, food & beverage.”
Waylay makes digital transformation painless and introduces a Citizen Developer solution to IT-OT unification. Enterprises now only need one single tool for automation, analysis, full visibility, and optimization of their processing flows and equipment. From day-to-day operations management and semi-finished products operational inline analysis to equipment maintenance, and also what-if scenarios in manufacturing to yield increase: Waylay covers all needs in processing industries.
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Equipment manufacturers can offer outcome-based service contracts that rely on access to digital twin data and enable a service-oriented business model based on servitization of equipment with preventive and predictive maintenance to reduce support calls, avoid truck rolls and boost the efficiency of their field service organization.