Be impatient when it comes to improvement. The less time your domain experts are waiting for a predictive solution to provide what they need, the more time they are implementing optimization (resulting in more profit).

In the spirit of remaining impatient, it can be tempting to attempt a “do-it-yourself” project - where the solution is built in-house. This idea is understandable. However, we’re talking about time to value here.

The value is in the speed at which you’re able to easily pull actionable insights from a solution. The best DIY is one where you skip the solution development phase and get right into owning a better understanding of your data.

What you need is a platform that can be connected to your Historians or data centers in minutes, deliver meaningful insights in hours, and empower your subject-matter experts to operationalize those key learnings in days. Your problem-solvers are racehorses bucking at the starting gate – your predictive solution of choice should facilitate the opening of those gates as soon as possible.

A platform that takes extended time to implement will not allow you to achieve the level of profitability you could have accomplished with a solution provider that prioritizes speed to value.

To be profitable with predictive operations, you need insight rendered quickly. If your platform doesn’t offer meaningful insight, or it fails to offer it at high velocity, it’s very difficult to increase profits.

TwinThread is all about shortening the distance your domain experts need to travel to arrive at actionable insights. To begin identifying opportunities for scaling improvements across your entire operation, get started today.

 

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Erik Udstuen
Post by Erik Udstuen
July 6, 2020
Erik Udstuen is the current CEO of TwinThread. With a shrewd vision, thoughtful leadership, and vast technical expertise, Erik embodies the essence of a tech pioneer. As a founder of multiple successful companies, Erik mastered growing sustainable businesses––identifying opportunities where innovative solutions can address pressing issues in the industrial world. Notably, after leading Andesite Software and Mountain Systems, Inc., Erik became a senior GE Enterprise Solutions division executive, spearheading an industrial software portfolio with diverse capabilities and products.

Beyond his professional achievements, Erik has left an indelible mark on academic communities. During his time in Charlottesville, VA, Erik established a mentorship with the University of Virginia Darden School of Business student startup incubator, iLab, and the Virginia Tech Center for Innovation and Entrepreneurship. To this day, he continues his dedication to evolving the next generation of tech trailblazers.

Erik is also a RedHawk, receiving his undergraduate degree from Miami University in Ohio. He and his family currently call Bozeman, MT home.