Industrial Internet of Things (IIoT) technology firm Augury has introduced a cloud-based diagnostics platform that foretells equipment failures beforehand by keeping a close eye on mechanical equipment.
Augury Halo can predict equipment failures by using sensing technologies such as vibrations and ultrasound. It also provides comprehensive, actionable recommendations for maintaining machine health. In addition, the platform issues reports about the developing problems and suggests maintenance practices. Targeted for smart industrial and commercial plants, Augury Halo maximises uptime of mechanical equipment, mitigates maintenance costs, extends equipment life, and improves machine reliability by providing actionable insights from machine data. Another advantage of Augury Halo is the requirement of minimal training for handling.
Saar Yoskovitz, CEO of Augury, said: “The Industrial IoT is changing the way the industry makes informed decisions based on real-time data. Halo shortens the time to action – from the earliest signs of malfunction to remediation.”
Interested parties can get a live demo of Augury Halo at the forthcoming International Machine Vibration Analysis and Condition Monitoring Conference (IMVAC) and the International Maintenance Conference (IMC), to be held in December 2017.
Elsewhere, a Technavio reports projected that the global IoT-enabled industrial wearables market will grow at a CAGR exceeding 10% from 2017 to 2021 to hit $ 3.05 billion at the end of the forecast period. The report “Global IoT-Enabled industrial wearables market from 2017-2021” has highlighted three factors that are contributing to the growth: increasing mega trends in digitalisation and automation; more focus on workplace safety and efficiency and augmented smart sensor adoption.