Activplant Wins 2007 Innovation Technology Award for its Throughput Analyzer Application
Activplant received the award at the twenty-fifth annual Ontario Business Achievement Awards gala in Toronto, Ontario
LONDON, ON - October 24, 2007 - Activplant Corporation, the standard in performance management solutions for the world’s leading manufacturers, announced today that the Ontario Chamber of Commerce selected Activplant Corporation as the recipient of the 2007 Innovation Technology Award for its Throughput Analyzer Application. This application is revolutionizing manufacturing environments with its ability to identify true chronic constraints within the manufacturing process.
Each year, this award is presented to exemplary businesses that embody an entrepreneurial spirit and for their contribution to business excellence. As the first company to develop an application that takes a constraint based approach to increasing production throughput, Activplant continues to be the leader in manufacturing performance management applications.
“At Activplant, we are honored to receive this prestigious award that personifies the tremendous work that our team is doing and the performance results we’re driving,” said Chuck Frosst, Activplant President. “At a time when manufacturers are facing unprecedented global competition and pressure to increase operational performance, Activplant delivers software solutions that many of the largest manufacturing companies in the world now rely on to improve throughput, streamline manufacturing processes and drive down their operational costs resulting in substantial quantifiable performance gains, not in months or years, but in weeks.”
Activplant’s Performance Management System and Throughput Analyzer application takes production efficiency to the next level providing manufacturers with an un-biased view of the plant floor and with information that is actionable, identifying the key chronic disruptors in product flow “constraints” on the plant floor. Using patented algorithms it removes the mystery of plant floor data surrounding these constraints revealing the root cause of the disruption. Armed with this information management and improvement teams are now able to make changes that result in high impact gains such as sustained throughput improvement of 5% to 20%, improved product launches and quality improvements ..
The Throughput Analyzer empowers continuous improvement teams to deliver these improvements and recognize ROI in as little as 2 months.
“News like this is certainly a great way to start off another Chamber year, it’s even more exciting for Activplant and its many fine employees who will be sharing the spoils of their collective efforts”, said Chirag Shah, 07/08 President of the Board of Directors of the London Chamber. “I’m a big believer in innovation and to have a London company receive these kind of accolades speaks volumes for the kind of innovators we have right here in London.”
About Ontario Chamber of Commerce The OCC represents over 57,000 businesses through 160 local Chambers of Commerce and Boards of Trade, and has been the business advocate of choice since 1911. Its advocacy and policy initiatives focus on six areas key to the economic well-being of the province: health; education; energy; finance & taxation; transportation & infrastructure; and border issues. For more information, please visit http://occ.on.ca.
About Activplant
An enterprise manufacturing intelligence market leader, Activplant’s Performance Management System has set the standard in operational excellence within the world’s largest and most admired manufacturers. Aimed at high-volume, high-automation plants, Activplant’s solution consolidates plant floor data into relevant real-time and historical information, enabling productivity gains by optimizing product, people, equipment and processes. With Activplant solutions, plant managers and manufacturing executives can focus on the key issues in their facilities that ultimately improve product quality, accelerate new product launches and drive performance gains. Activplant is a privately held company based in London, Ontario. For more information please visit www.activplant.com.
For more information, contact:
Activplant Corporation
Donna Araujo
High Road Communications
Tel: (416) 644-2283
Email: daraujo@highroad.com
Or
Activplant Corporation
Kathryn Clark
Activplant Corporation
Tel: (877) 809-6444
Email: kclark@activplant.com
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