#k2016

With a successful K 2016 Trade Show wrapped up in Dusseldorf, Germany this past month, over 230,000 attendees received a plethora of information regarding industry trends, new technologies and evolutionary innovations. In the plastics industry, a wide range of technologies present themselves as solutions to thousands of businesses across the world. At ToolStats, we offer solutions for tool tracking, data management and collaboration. Showcasing new specialty technologies was a top offering at the K 2016 Trade Show. What were attendees and exhibitors seeking? Was it a solution for manufacturers to implement industry 4.0 into their practices? Was it merely an occasion to reach out to all interested parties through simplicity? The K Show provided an excellent opportunity as a collaboration and communication platform – just as the ToolStats technology offers.

 KEY INNOVATIONS SHOWCASED AT K SHOW

·        TECHNOLOGY – As industry 4.0 becomes a highlight and focus for businesses across the world, companies are seeking innovation and simplicity in their practices. As the top successful businesses continue to grow, technology plays a crucial role in this development. Companies need methods of producing more - faster and better - than competition and even compared to their own business. Technology serves as the quickest and most efficient method in improving production time, communication, accessing and sharing of information and innovating operations. A cloud based application such as ToolStats allows companies to collaboratively share, collect and track information regarding any tool or asset.

·        DESIGN INNOVATION – What sets apart competition more than the design of their business model and operations? Businesses at the K 2016 Trade Show showcased their current and futuristic designs of machines, materials, and manufacturing processes. The slightest change in design of a process can be the solution for a business to reach immense success or suffer loss to a business with a better offering. Pushing performance in design is more than an engineering change – it’s inclusive of how the design is created, communicated and produced. ToolStats allows users to store and share this information to simplify the design process while maintaining consistency across the entire operation.

·        COLLABORATION – When considering the purpose of the K 2016 Trade Show, thousands can agree that it served as an opportunity to gather countless companies and people across the world to one event for endless reasons. With hundreds of methods of communicating, businesses still use a handful of programs and processes to operate business – which can often cause miscommunication, delayed results or an inability to reach efficiency and effectiveness. A collaborative technology such as ToolStats serves as a platform for collaboration and communication for businesses and affiliated parties. Enabling individuals and companies to work together to achieve a common purpose instantly takes any business to the next level.