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CIOTechOutlook >> Magazine >> November - 2014 issue
Wrench Solutions: Providing a Truly Comprehensive, High-Value Solution
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Addressing the Industry’s Requirements
The manufacturing engineering industry is ideally concept driven. Once the concept for building a product is ready, it must be converted into a design. However, designing is a multidisciplinary business and involves people from different departments. There is thus, a need to be collaborate to finish work in a specific duration. But today most of the industries operate manually which results in a huge amount of unproductive time.
“As we roped in customers and got close to them, I began to understand their requirements and their actual needs,” narrates Varghese. Taking these inputs from their customers, the company decided to build products so that it could be sold to multiple customers. The company has a single product, which is also called as Wrench that is developed to address several verticals. “The product remains exactly the same but the only thing that we have done is pre-configured the configuration based on the best practices,” explains Varghese about their company’s product.
Stand Out Factors
Most applications that are present in the market focus only on information exchange or data exchange and collaboration. But the product developed by Wrench has both, data exchange and also a real time progress measurement or real time status capture. Real time status capture becomes necessary since data centralized doesn’t completely suffice, and it is important for every party to share their information on time. The company also does collaborative engineering along with project monitoring ability. Here, monitoring happens in the background and is visible to the person who manages or the person dependent on a certain process. Another major USP of the product is the required implementation time.
Owing to the company’s superior technology, it has amassed a list of prestigious clients including Vikram Sarabhai Space Center, DRDO, TIDC Murugappa group, BHEL and several others. With the future being in cloud and mobile devices the company is aggressively moving towards it. The cloud system especially is very alluring as there is no capital investment for the hardware and the company can go right ahead with implementation.
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