TE Wire & Cable Partners With Plataine

(BRK.A), (BRK.B)

Berkshire Hathaway’s TE Wire & Cable, the world’s largest manufacturer of thermocouple wire, and Plataine, a leading provider of Industrial IoT and AI-based optimization software for advanced manufacturing, have announced a partnership for Smart Thermocouple solutions. Plataine’s IoT-based AI software tracks and analyzes the location, status and duty cycles of TE Wire & Cable’s thermocouples, enabling thermocouple users to view analytics, receive actionable alerts, insights and optimized recommendations.

TE Wire thermocouples are connected to Plataine’s software via a simple hardware infrastructure based on RFID tags and engraved barcodes. Plataine’s software monitors TE Wire’s thermocouples’ location, status and duty-cycles to provide automated real-time alerts & recommendations to optimize thermocouple calibration, refurbishment or replacement. The Plataine/TE Wire joint solution improves quality compliance, reduces the risk of using thermocouples that are no longer fit for purpose and eliminates manual tracking processes and production delays. A dedicated webpage allows users to plan ahead for efficient thermocouple utilization.

Plataine’s solution is scalable, helping manufacturers go further in their Digital Journey, track and optimize all assets including raw materials, tools, work-in-progress and finished parts. Plataine weaves a web of Digital Threads from raw-material to end-product, allowing thermocouples to be paired to molds and parts for full traceability in the event of quality issues or audits.

Combining Complementary Technologies

Bob Canny, President at TE Wire & Cable says: “Combining TE Wire & Cable and Plataine’s technologies enables our customers to extract additional value from their thermocouples and enter the era of Industry 4.0. For our customers, this will result in increased efficiencies and cost savings in their autoclave manufacturing operations.”

Avner Ben-Bassat, President & CEO at Plataine adds: “We are proud and excited to partner with TE Wire & Cable, jointly bringing to market the ‘Smart Thermocouple’ concept and revolutionizing a critical area of production, previously subject to manual data entry, lack of visibility and quality risks.”

TE Wire & Cable is a Marmon Wire & Cable/Berkshire Hathaway Company.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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