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January 31 will be the final day to enter the MTConnect Challenge 2, a software competition that uses the MTConnect open-source standard to address manufacturing intelligence needs. Three cash prizes totaling $225,000 will be awarded, with the top entry receiving $100,000.
For information about the submission requirements, visit mtconnect2.challengepost.com.
MTConnect, visit mtconnect.org.
Editor PickOEE May Not Be Enough
Overall equipment efficiency (OEE) is a critical measurement of how well a manufacturing unit is doing. But shops should also focus on profitability, which is where Financial OEE comes in.