From counting to tool tracking How wireless connectivity is changing tool and mould management

Related Vendors

Progressive Components

HASCO Hasenclever GmbH + Co KG

Jongen Werkzeugtechnik GmbH

DIPROFIL Diamantprodukter AB

Progressive Components has been a pioneer in mould monitoring since 1994, when the company introduced the industry's first cycle counters. Its latest innovations further streamline asset management for OEMs, mould makers and tooling companies by transforming tools and moulds into intelligent factory components.

For nearly three decades, Progressive Components has been at the forefront of mould monitoring innovation. In 1994, the company was the first in the industry to introduce cycle counters to accurately track mould usage and plan preventive maintenance before more costly problems occur over the life of the mould. Since then, Progressive's monitoring solutions have kept pace with the advancing possibilities offered by digitalisation. Naturally, for their tracking and monitoring solutions, connectivity is a given. And as the industry of things moves towards cloud services, Progressive Components has followed suit.

This is reflected in one of their latest developments, Profile v4. This advanced cloud-based asset management and real-time monitoring system is tailored to the needs of OEMs, mould makers and tooling companies. For OEMs, it provides real-time visibility of global tooling assets, including performance and key metrics. Moulders benefit from the ability to track downtime and scrap, support OEE reporting and manage preventive maintenance work orders and spare parts inventory.