Splunk
Case Studies
Honda's Predictive Analytics Revolution: Boosting Profitability and Efficiency
Overview
Honda's Predictive Analytics Revolution: Boosting Profitability and EfficiencySplunk |
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Analytics & Modeling - Machine Learning Analytics & Modeling - Predictive Analytics | |
Electrical Grids Equipment & Machinery | |
Maintenance Product Research & Development | |
Onsite Human Safety Management Time Sensitive Networking | |
Data Science Services Testing & Certification | |
Operational Impact
The implementation of Splunk has brought about a transformative change in Honda's operations. The predictive capabilities of the software have enabled Honda to shift from a reactive to a proactive approach, significantly reducing the frequency of unknown incidents and midnight troubleshooting calls. The software has also facilitated cross-departmental collaboration, allowing teams to work together to solve issues faster. Moreover, the use of Splunk has led to a reduction in energy consumption and has freed up employees to focus on more strategic initiatives. In terms of safety, Splunk has been instrumental in tracking quality and upholding Honda's safety standards, ensuring the production of almost perfect products. The software has also been crucial in driving profitability by predicting equipment failure and enabling preemptive repairs, thereby saving significant costs associated with equipment downtime. | |
Quantitative Benefit
70% faster mean time to repair by expanding access to data | |
Increased profitability and efficiency through better uptime | |
Exceeded environmental standards by correlating machine, equipment, power, and IoT data | |