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Podcast: The philosophy and application of data-driven manufacturing

David McPhail in conversation with James D. Sawyer – Editor Emeritus, Advanced Manufacturing

A manufacturing concern can get the greatest return on its investment by optimizing its overall equipment effectiveness, or OEE. In this podcast hosted for SME, MEMEX CEO David McPhail details the relationship between OEE and the Industrial Internet of Things (IIoT). Data, he explains, is what drives this relationship. Data-driven manufacturing consists of keeping track of everything that happens on the shop floor, and software, including MEMEX’s MERLIN Tempus solution, helps monitor and manage that data.

MEMEX Restructures Sales Management to Capitalize on U.S. Manufacturing Recovery

BURLINGTON, ON–(Marketwired – Jun 26, 2017) – MEMEX Inc. (“MEMEX” or the “Company”) (TSX VENTURE: OEE) today announced management changes to capitalize on the growing number of sales opportunities precipitating from the rebound in U.S. manufacturing.

MEMEX has hired John Artman as the Company’s Vice President of Sales. Mr. Artman will leverage his past senior management sales experience to mine MEMEX’s existing U.S. pipeline and develop new markets and growth opportunities. John Rattray, has transitioned from Vice President of Sales to Senior Vice-President of Business Development and Marketing.

“MEMEX weathered an extended period of business uncertainty stemming from the vague capital cost allowance and NAFTA policies of both U.S. presidential election candidates. Data from the Association of Manufacturing Technology (AMT) now indicates that U.S. manufacturers are comfortable with the new political reality and are investing in capital infrastructure again,” said MEMEX President and CEO David McPhail. “Given this, we felt it was best to refocus our human capital. I’m very pleased that John Rattray has gladly accepted the challenge to lead our marketing team. I’m also delighted that an industry sales veteran like John Artman saw the potential presented by MERLIN TEMPUS to optimize American manufacturing, leading him to join the Company.”

Mr. Artman, who is based in Sellersburg, Indiana, is an electrical engineer who has held senior management and sales positions at numerous U.S.-based automation and manufacturing technology companies. Most recently, he was Vice President of Sales, Business Development and Marketing at Simplimatic Automation. Before that, he held senior positions at Bishop-Wisecarver Group, Jacobs Automation, Bodine Assembly & Test Systems and Wright Industries. Mr. Artman will continue to work from his office in Indiana.

“The value proposition presented by MERLIN TEMPUS surpasses all other industry solutions,” said Mr. Artman. “MEMEX is a growing company, and industry adoption of MERLIN is a testament to the Company’s strong leadership, vision and teams. I am starting to see increased confidence from U.S. manufacturers who seem ready to make purchasing decisions to grow revenues, reduce costs, and increase profitability. I’m convinced that that MEMEX’s MERLIN software platform will become a key component for manufacturers to achieve these goals.”

Mr. Rattray added, “With MEMEX’s growth and the indications of a U.S. manufacturing recovery, it makes sense to expand our sales management into the U.S. Adding John to the team and giving him the responsibility to lead our sales growth allows me to focus more intently on business development, brand development, and marketing.”

Mr. McPhail also noted that these management changes better position the Company to meet the growing demand for Data-Driven Manufacturing solutions — a demand he expects to increase as more manufacturers add new technology and equipment to their facilities. To optimize the performance of the additional machines, McPhail says Data-Driven Manufacturing — the process which automates machine monitoring and management — will be required to ensure the equipment is being used in the most efficient manner possible.

U.S. Manufacturing Recovery

AMT-compiled data indicates that manufacturers are again spending on new equipment. Manufacturing technology orders totalled $324.46 million during the month of April 2017, a 12.3% year-over-year increase from April 2016. From January 1, 2017 through April 30, 2017, orders were up 2.1% compared to the same period in 2016. AMT also found business confidence among U.S. manufacturers was at its highest level in 13 years.

About MEMEX

MEMEX was founded with a vision to improve the way automated machine and production equipment work and connect on the factory floor. Since then, MEMEX has proved itself a pioneer in IIoT time and again. The company is committed to its mission of “successfully transforming factories of today into factories of the future” and envisions converting every machine into a node on the corporate network, creating visibility from shop-floor-to-top-floor. MEMEX is the developer of MERLIN, an award-winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real Time. MEMEX’s software and hardware IIoT solutions enable customers to achieve tangible IIoT-centric business outcomes. The MERLIN software suite and connectivity products have enabled manufacturers to achieve upwards of a 50% increase in productivity and a 20%-plus increase in profits, on average. Additionally, customers have secured payback in less than four months, which equates to an Internal Rate of Return greater than 300%. For more information, please visit: www.MemexOEE.com.

 

For investor inquiries please contact:

 

Rashi Rathore, Marketing Manager

Phone: 905-635-3040 ext. 103

Email: Rashi.Rathore@MemexOEE.com

 

David McPhail, President & CEO

519-993-1114

david.mcphail@MemexOEE.com

 

 

Sean Peasgood, Investor Relations

416-565-2805

sean@sophiccapital.com

 

MEMEX Inc.’s winning streak continues

BURLINGTON, ON–(Marketwired – Aug 3, 2016) – Memex Inc. (“MEMEX”) (TSX VENTURE:OEE) announced today it has received several new orders for its MERLIN Enterprise Edition platform for manufacturing. Pioneer Products Inc. will be installing MERLIN in an 11 Machine initial phase, and both TECT Corp. and Aerofit, LLC., already MEMEX customers seeing success with MERLIN, have extended their adoption with follow-on orders for their facilities.

“The business risk in installing MERLIN is so small and the benefits are so big that it is almost a no loss business decision,” says Frank V. Bailey, COO, Pioneer Products, as he explains one of the key factors that determined the Pioneer Products’s decision to install MERLIN.

“Recognition of the tremendous benefits offered by MERLIN by high quality precision and aerospace manufacturers along with continuous increasing adoption by existing MEMEX clients is a testament of how valuable MERLIN is to the manufacturing sector,” says John Rattray, Vice-President Sales and Marketing at MEMEX Inc. “Accurate data provided by MERLIN enables business to harness the true power of Data-Driven Manufacturing along with achieving positive tangible business outcomes in terms of productivity, profits and payback.”

About Pioneer Products Inc.:
Pioneer Products is a precision CNC machine shop with machining, grinding, plating, heat treating and engineering support for all manufacturing needs. Their 112,000 square-foot manufacturing and office facility features multi-functional machining capabilities with about 100 machines.

About TECT Corp.:
With twelve facilities in the U.S., and with more than 65 years of aerospace experience, TECT Corp. manufactures complex aerostructure components, machined components, parts and complex assemblies from the full spectrum of traditional and aerospace alloys servicing commercial and military aircraft.

About Aerofit, LLC.:
Aerofit, LLC. designs and manufactures high and low pressure fluid fittings and fitting systems for the aerospace, marine, nuclear and other critical industries. Their capabilities span the entire business and production cycle, from feasibility studies to qualification testing and post-manufacturing functional testing.

About MEMEX:
MEMEX, the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement.

Media Contact

Memex Inc.:

David McPhail, CEO

Phone: 519-993-1114

Email: david.mcphail@MemexOEE.com

 

Rashi Rathore, Marketing Specialist

Phone: 905-635-3040 ext 103

Email: Rashi.Rathore@MemexOEE.com

Cisco and MEMEX partner to win the secure IIoT Market

Kicking Some Digital Ass in Las Vegas

July 21, 2016 | Sophic Capital | Sean Peasgood & Marcel Valentin

 

99% of manufacturing machine data is trapped inside the machines. Real-time machine data is essentially non-existent because manufacturers fear security breaches in a net worked machine environment. Unlocking this data via secure networks and allowing overall equipment effectiveness (OEE) analysis would weed out invisible and expensive inefficiencies. This issue was at the forefront of IIoT experts in the connected machines pavilion at Cisco live, Cisco’s annual technology conference. We saw Cisco’s secure network solution for manufacturing environments, which was exhibited with partner MEMEX’s manufacturing operations management system platform. Mass adopt ion of using real-time, machine data analytics to create business outcomes is beginning, and MEMEX (a Sophic Capital client) is positioned to become the industry leader.

To read the complete article click here

MEMEX @ Cisco Live Last Week

Cisco Presentation Discussed Collaboration With Business Partner MEMEX

LAS VEGAS, NV–(Marketwired – Jul 18, 2016) – Memex Inc. (“MEMEX” or the “Company”) (TSX VENTURE: OEE) was pleased to exhibit their award-winning Manufacturing Execution System, MERLIN, at the invitation of Cisco Systems Inc. as part of their Connected Machines Strategy at Cisco Live in Las Vegas from July 10-14. MERLIN was on display at Booth 109 in the World of Solutions pavilion, located in the Mandalay Bay Convention Center.

MERLIN captured and presented live data from both onsite and remotely connected machines securely over the Internet via Cisco’s newly released IE4K switch. The IE4K is compliant with MTConnect (the open source and royalty free interconnectivity communication standard), which collectively form an integral part of any manufacturing company’s Industrial Internet of Things (IIoT) strategy. This enables the promise of Data Driven Manufacturing centric business outcomes.

MEMEX Featured in Cisco’s Machine Intelligence Presentation
MEMEX is also pleased to announce that Douglas Bellin from Cisco presented “The Case for Machine Intelligence,” which featured what Cisco has done with business partner MEMEX. The presentation took place at 4:30pm on July 13, 2016 in the Islander D space at the Mandalay Bay Convention Center.

About Cisco Connected Machines
The Cisco Connected Machine Solution is a digital solution portfolio, based on the Cisco IoT system. The solution enables rapid and repeatable machine connectivity, providing business improvements such as: Overall Equipment Effectiveness (OEE) and machine monitoring, Machine optimization Predictive maintenance, Process optimization, and Process health.

About Cisco Live
Cisco Live Las Vegas is the destination for the education and inspiration you need to thrive in the world of digital business. Join thousands of technology innovators for a transformational experience that includes today’s IT visionary thought leaders, more than 1,000 education sessions, Cisco’s top partners, and numerous opportunities to build the connections that will fuel your personal and professional growth.

About Memex Inc.
MEMEX Inc., the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement. For more information, please visit: www.MemexOEE.com

Neither the TSX Venture Exchange nor its Regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION

For investor inquiries please contact:
Ed Crymble
Chief Financial Officer
905-635-1540 ext. 110
ed.crymble@MemexOEE.comDavid McPhail
President & CEO
519-993-1114
david.mcphail@MemexOEE.comSean Peasgood
Investor Relations
416-565-2801
sean@sophiccapital.com

MEMEX @ Cisco Live 2016

Cisco Live Las Vegas is the destination for the education and inspiration you need to thrive in the world of digital business. Join thousands of technology innovators, IT visionary thought leaders and Cisco Partners, including MEMEX Inc. for a transformational experience that includes more than 1,000 education sessions, and numerous opportunities to build the connections that will fuel your personal and professional growth. The event offers:
  • five days of sessions and specialty programs on topics such as Cloud, Collaboration, Data Center, Mobility, Network Infrastructure, Security, SP, and SDN.
  • explore the latest solutions from Cisco and the industry’s top vendors in the World of Solution
  • Validate your skills with a free Cisco Certification exam.

Venue: Cisco Live, 3950 S Las Vegas Blvd, Las Vegas, Nevada 89119
Date: July 10 – 14, 2016
Time: 10:00 am – 5:00 pm Daily

Learn more about Cisco Live

Register for Cisco Live

David McPhail at OptiSaw West

David McPhail will be presenting at OptiSaw West. OptiSaw is a time-effective and affordable learning and networking opportunity for those driving the future of sawmilling in your operation. The focus is on the future of optimization and automation in our industry, including challenges and opportunities on the cutting edge of this side of the industry.

Date & Time: Tuesday, 14 June 2016 from 8:30 AM to 3:30 PM (PDT)

Venue : Sheraton Vancouver Airport Hotel
7551 Westminster Highway
Richmond, BC V6X 1A3
Canada

For further information and registration click here 

 

Trending now – Smart Manufacturing

There is no IIoT without Real-Time data. True Shop – Floor – to – Top – Floor connectivity can :

  •  Enhance all facets of manufacturing using evidence based Real-Time data collected from each machine and discreet process
  • Increase throughput & ensure efficient reporting  directly to and from ERP
  • Drive the circle of  continuous improvement & lean manufacturing
  • Create tangible, compelling business outcomes

Discover the award winning IIoT Real-Time manufacturing analytic solution by MEMEX; MERLIN, your key to the digital factory of the future.

 

MEMEX Inc. Leadership Recognized Amongst Top 30 Advanced Manufacturing Visionaries

BURLINGTON, ON–(Marketwired – May 12, 2016) – MEMEX Inc. (TSX VENTURE: OEE) is excited and proud to announce that Society of Manufacturing Engineers (SME), in its inaugural issue of Smart Manufacturing magazine, has recognized David McPhail, CEO of MEMEX Inc., and Dave Edstrom, CTO of MEMEX Inc., amongst the top 30 Advanced Manufacturing Visionaries.

According to Smart Manufacturing Magazine, the top 30 Advanced Manufacturing Visionaries list is a representation of who’s who in the smart manufacturing world. They all have made significant contribution towards developing tools and techniques that have made the Industrial Revolution 4.0 a reality.

Smart Manufacturing magazine recognizes David McPhail, CEO of MEMEX Inc. for his relentless work towards creating solutions that help North American manufacturers solve tangible issues such as efficiency and sustainability of manufacturing operations. Adding further to the delight of MEMEX Inc., Smart Manufacturing magazine also applauds the work of Dave Edstrom, CTO of MEMEX Inc., in the field of developing MTConnect® an open, royalty-free standard to get information from machinery applications to enable increased productivity.

“Both Dave and I are really honored to be a part of this esteemed list, not just as individuals but also as developers of MERLIN, the Industrial Internet of Things (IIoT) communication platform that promises manufacturing excellence,” says David McPhail, CEO of MEMEX Inc. “Visionaries create the window into the future but it is the strength and dedication of their team that turns those ideas in reality. MEMEX Inc. as a team is in the business of taking our visions and turning them into revolutionary IIoT products.”

About MEMEX Inc.

MEMEX Inc., the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the rapid adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement.

Contact Information
Media Contact
MEMEX Inc.:
David McPhail, CEO
Phone: 519-993-1114
Rashi Rathore, Communication Coordinator
Phone: 905-635-3040 ext 103

Another Win for MEMEX — Sun Hydraulics Corp. Adopts MERLIN

SARASOTA, FL–(Marketwired – May 13, 2016) – MEMEX Inc. (TSX VENTURE: OEE) is proud to announce that Sun Hydraulics Corp. (NASDAQ: SNHY) has issued a Purchase Order for an additional 89 of their machines to be equipped with MERLIN MES Enterprise Edition software.

Sun Hydraulics arrived at this decision after experiencing the optimization opportunities offered by MERLIN during a pilot in which MERLIN was installed on 11 of their machines. The 100 machine multi-plant roll-out is phase 1 of a larger IIoT initiative to ensure efficiency and profitability of operations at Sun Hydraulics Corp.

“Recognition of the value that MERLIN creates by industry leaders like Sun Hydraulics Corp. pushes MEMEX towards developing more innovative solutions that successfully transform factories of today into factories of the future,” says David McPhail, CEO MEMEX.

About Sun Hydraulics Corp.

Sun Hydraulics is a leading designer and manufacturer of high-performance screw-in hydraulic cartridge valves and manifolds that control force, speed and motion as integral components in fluid power systems.

From its inception in 1970 and a public company since 1997, Sun sells its products globally, primarily through independent distributors, to diverse markets of mobile and industrial equipment and machinery manufacturers. Sun has been committed to being the leader in its field. They offer products that advance customers’ businesses, improving the safety and performance of the machinery in which they are used.

About MEMEX Inc.

MEMEX Inc., the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the rapid adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate network, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement.

Contact Information
Media Contact
MEMEX Inc.:
David McPhail, CEO
Phone: 519-993-1114
Rashi Rathore, Communication Coordinator
Phone: 905-635-3040 ext 103