Alta Via launches proEO for Mindsphere

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Press Release

proEO

Press Release

Alta Via Consulting, a MindSphere partner and a leader in Managerial Accounting and Decision Support, today announced the integration of proEO, its best of breed decision support tool, with MindSphere, the cloud-based, open IoT operating system from Siemens.proEO connects financial and operational data, providing an “as is” financial model that enables decision makers at all levels in the enterprise to better understand and optimize operations in real time. The solution enables cost-based plant operations and will be available in Q1 2019.

"There has been a lot of talk in manufacturing about integrating financial information that bridges the gap between the shop floor and the top floor. Integrating with MindSphere takes the incorporation of cost information to the next level by supporting day-to-day operational decisions and enabling the optimization of operations in real time," said Anton van der Merwe, Principle Partner, Alta Via.

proEO for MindSphere is a unique, cost-effective solution to supplement internal decision making and reporting. The global principles used in its development are recognized by the Institute of Management Accountants and were explored and tested by leaders in Costing and Management Accounting.

MindSphere connects products, plants, systems, and machines, enabling businesses to harness the wealth of data generated by the Internet of Things (IoT) by integrating this information with advanced analytics for better decision support. In addition to its MindSphere partnership, Alta Via is a member of Siemens’ MOM Expertise Alliance Center (MEAC), a community of highly skilled partners providing Manufacturing Operations Management (MOM) specific services to manufacturers.

"Alta Via’s integration of cost information into MindSphere is an important element to enable operational decision makers in their optimization endeavors," said Paul Kaeley, senior vice president, global partner ecosystem at Siemens PLM Software. “Using proEO powered by MindSphere will enable everyone to working from the same financial models, creating more informed decision making and efficient financial management. ”

About Alta Via Consulting

Alta Via Consulting focuses on guiding and enabling our clients and providing decision support tools to meet our customers’ optimization needs. We thrive on addressing specific challenges related to advanced cost management, highlighting solutions and best practices to help decision makers achieve their optimization objectives.

For more information Contact Branden Vock at
bvock@altavia.com


What is proEO

proEO is a web-based solution providing companies with best practices from manufacturing and accounting associations. proEO is built upon a powerful in-memory database, which is able to provide your organization with actionable information about your customer and product profitability, and value manufacturing metrics and KPI's. proEO enables our clients to follow the best practices in managerial accounting.

View the video below to see how proEO and Mindsphere work together:

 

Siemens Mindsphere + proEO from Alta Via Consulting on Vimeo.


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