SupplyChain Magazine October 2020 | Page 86

TWINTHREAD

Erik Udstuen , CEO at TwinThread discusses digital innovation , realizing value and the current technology trends in the manufacturing industry

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W orking in the industrial automation and manufacturing space for 25 years , Erik Udstuen began his career as a chemical and process engineer working in the pulp and paper industry , before forming his own company in the early nineties providing customers with manufacturing optimization solutions for multiple sectors . After selling the company to General Electric ( GE ) in 2003 , Udstuen joined the firm in 2007 as a Senior Executive driving digital transformation across multiple business units .

“ I left GE in 2012 and went back into the startup world and formed a couple of other companies , the latest company is TwinThread ,” comments Udstuen , who believes that a significant differentiator between TwinThread and other organizations is its results guaranteed position .
“ The idea of TwinThread is to provide similar capabilities and concepts that monitor and optimize a fleet of power plants or gas turbines to other industries like manufacturing , consumer products , food and beverage , and automotive . The enabler for this is the fact that we have these pre-built applications that someone can just take , apply and
OCTOBER 2020