WALTHAM, Mass.—Industrial IoT software firm Plataine recently launched the latest version of its Material and Asset Tracker software. The new industrial IoT software, MAT version 4.0, is reported to help advanced manufacturers gain full traceability of the digital thread while leveraging Plataine’s AI-based Digital Assistants to optimize production processes, increase material yield, throughput, and capacity, and dramatically reduce the cost-of-poor-quality (CoPQ).

Plataine used customer feedback to design what it calls “a cutting-edge manufacturing optimization software” that is said to improve outcomes in material and tool utilization, productivity, throughput, and quality. MAT version 4.0 is said to provide complete visibility of the production floor, with real-time tracking of the location, condition, and status of critical assets, such as raw materials, tools, parts, and assemblies. Proprietary artificial intelligence algorithms analyze large data sets, providing production floor staff with real-time smart alerts, insights, and recommendations.

“We are proud to launch our most advanced software to date. MAT 4.0 will radically improve the throughput, material utilization, productivity and quality control, allowing advanced manufacturers to step into the Digital Factory era,” said Avner Ben-Bassat, CEO and president of Plataine, in a company release. “With vast experience and successful IIoT deployments, Plataine has now further raised the bar for implementing Industrial IoT and Digital Manufacturing.”

Version 4.0’s innovative micro services architecture structures the software as a suite of modular services, with each module supporting a specific business goal. The system uses Amazon’s robust Web Services platform and benefits from Amazon’s full suite of cloud services and strong security infrastructure. Both Plataine and AWS offer FedRAMP and ITAR compliant solutions that meet regulatory requirements of government and defense projects.

The new release offers expanded support for the entire manufacturing supply chain, where OEMs and suppliers can collaborate on a single platform for integrated visibility of manufacturing status and traceability.

Plataine (www.plataine.com) is a provider of Internet of Things (IoT) and AI-based, automation and optimization software for advanced manufacturing. Plataine’s manufacturing optimization software uses patent-protected, technologies to enable manufacturers to be more competitive by increasing tool and material utilization, improving productivity, and shortening manufacturing cycles to ensure on-time, on-quality delivery of products to customers. The company’s software is used by a number of major manufacturers worldwide, including Airbus, GE, IAI, Steelcase, and Argosy International.