FactoryEye facilitates the smooth integration between manufacturers’ legacy core IT systems, cloud systems, and factory machines by collecting and analysing big data from multiple silos. The software features intuitive and user-friendly dashboards that provide manufacturers with all the analysis they need in order to make faster and smarter decisions based on real-time data and business analytics. Such capabilities translate into improved productivity, faster delivery times and better control over manufacturing processes.

Within FactoryEye are dozens of prebuilt connectors to a range of enterprise applications and MRP systems, including SAP, JD Edwards and Infor, as well as MES, CRM and PLM systems.

According to leading market analysts, the market for Industry 4.0 products and services is expected to soar from $119 billion in 2020, to $310 billion in 2023, attaining a 27% CAGR.

“The addition of FactoryEye to our software portfolio allows us to provide new and existing manufacturing clients with a comprehensive Industry 4.0 solution,” says Guy Bernstein, CEO of Magic Software. “This aligns with our strategy of enhancing our portfolio with enterprise-grade technologies, and complements our recent acquisition of PowWow’s SmartUX, a low-code platform for mobilising and modernising enterprise apps. Combining acquired technologies with enhancements to core products enables us to further accelerate growth by becoming a strong player in the digital transformation and Industry 4.0 revolutions.”