Petasense Accelerates Industrial IoT and Simplifies Predictive Maintenance with Electric Imp’s Secure IoT Platform

Electric Imp®, Inc., a global leader providing enterprise secure IoT, today announced that Petasense, an innovative Industrial IoT startup headquartered in Silicon Valley, has been utilizing the Electric Imp IoT Platform to successfully accelerate the development of its machine learning based predictive maintenance technology. The Electric Imp IoT Platform, which features secure connectivity, scalability and lifecycle management, has enabled Petasense’s industrial customers to harness the power of predictive maintenance at a fraction of the cost and complexity.

Petasense’s technology features the Mote – a wireless, triaxial vibration sensor – which embeds Electric Imp technology for WiFi connectivity. The Petasense and Electric Imp clouds integrate to collect vibration sensor data, so that it can be trended and analyzed using machine learning algorithms.

Petasense recently announced it logged more than two million sensor measurements comprising 25 billion vibration readings. This increase in data insight is enabling their customers to make informed maintenance decisions, schedule repairs, distribute loads and improve overall reliability.  

“Although predictive maintenance technology has powerful advantages, it has historically been limited in applicability by the complexity and cost of deployment,” said Hugo Fiennes, CEO at Electric Imp. “By building on our secure IoT Platform, Petasense was able to simplify the deployment and lifecycle management of its predictive maintenance sensors, while reducing upfront costs by up to 50 percent – a savings that can be passed down to customers.”

In addition to robust end-to-end security, the Electric Imp integration enables secure over-the-air updates for simplified lifecycle management. Helping to curtail development costs, Electric Imp’s existing operating system (impOS) and cloud services eliminated the need for Petasense to hire a team of embedded engineers.

“Electric Imp’s connectivity and security expertise allows us to focus on our core strengths, which are the design of hardware sensors and development of core prediction software,” said Abhinav Khushraj, co-founder of Petasense. “The Electric Imp Platform supports reliability and security by design, and provides a host of powerful advantages that allowed our team to dramatically reduce the time and cost of embedded software development.”

The Petasense solution embedded with the Electric Imp platform is already being implemented by a Jones Lang LaSalle Incorporated (JLL) facility to monitor critical HVAC equipment. The Industrial IoT and machine learning technology makes is possible for JLL to continuously monitor, analyze and predict equipment health with actionable diagnostics in real time. As a result, JLL is able to make informed business decisions within minutes that translate to massive productivity gains and cost savings.

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“Petasense delivers on-demand predictive maintenance at a disruptive price point,” said Sean O’Connor, reliability engineer at JLL. “They are simplifying Industrial IoT by making use of wireless sensing and machine learning. It is big data without big problems.”

To learn more about the JLL case, please visit: https://petasense.com/jll-invests-in-machine-learning-and-industrial-iot-to-maximize-equipment-availability/

Electric Imp Blog

It’s time to stop re-inventing the wheel: How the use of smart terminals accelerates deployment of IoT projects

2017 is already proving to be the year the Internet of Things (IoT) demonstrates its worth. While consumers are continually impressed by virtual assistants that manage lighting, thermostats, ovens and regulate fridge temperatures and inventory, the use of IoT technology for businesses, both large and small, is turning heads. Key players in enterprise are discovering […]

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PTC Accelerates Industrie 4.0 Strategy

PTC Accelerates Industrie 4.0 Strategy

Strategic Collaborations, Comprehensive Research, and Applications for Connected Operations Will Help Global Manufacturers Unlock the Value of Industrie 4.0.

PTC today announced several new initiatives that advance its Industrie 4.0 strategy and will enable manufacturers to unlock value from the physical-digital convergence and transform their operational systems.

These include a collaboration with McKinsey & Company; strategic Industrie 4.0 work with acatech, the German national academy of science and engineering; and the upcoming release of connected operations applications built on the ThingWorx® IoT platform.

PTC works with hundreds of global manufacturers worldwide to support and advance their Industrie 4.0 strategies.
The new PTC Industrie 4.0 initiatives include:

  • PTC partners with McKinsey & Company, the world’s leading management consulting firm, to create a global network of Industrie 4.0 Digital Capability Centers (DCCs). Using solution technology from PTC, the DCCs are designed to support companies at every stage of their digital transformation journey. The DCCs will include a realistic production environment, digital showcases with demonstrations of Industrie 4.0 technology, as well as experiential capability-building workshops to promote skills training and awareness of Industrie 4.0. The first DCC will open to visitors in Aachen (Germany) on March 30, followed by other DCC openings in Singapore, Beijing, Chicago, and Venice (Italy). In addition to McKinsey & Company, other PTC partners in Industrie 4.0 initiatives include manufacturing leaders GE, National Instruments, and OSIsoft. In addition, PTC and Hewlett Packard Enterprises (HPE) are collaborating to develop new IoT solutions for industrial use cases.
  • PTC, as a member of the acatech consortium, the German national academy of science and engineering, contributed to the development of the Industrie 4.0 Maturity Index that will enable companies to assess their current Industrie 4.0 capabilities and map out a structured digital roadmap that includes steps and capabilities needed to realize its value potential. The Index also will provide a unique multidimensional assessment that covers production and logistics, research and development, service, and sales and marketing. The Industrie 4.0 Maturity Index will be available for download on ptc.com in April.
  • PTC will deliver new connected operations applications that support Industrie 4.0. The new applications, built on the ThingWorx platform, are designed to unify and contextualize digital data from enterprise IT systems with operational and physical data from machines and sensors to enable manufacturers to realize Industrie 4.0 potential more quickly.

Often referred to as the fourth industrial revolution, Industrie 4.0 is the transformation of manufacturing through the adoption of smart, connected products and smart, connected operations. Industrie 4.0 makes use of major innovations in digital technology, such as edge and big data analytics, advanced networking, communications and security, robotics, artificial intelligence, additive manufacturing, augmented reality, mobile, rapid application development, and the Internet of Things. When combined, these technologies bring together the physical and digital worlds, enabling manufacturers to gain deep, real-time insight into their operations – and subsequently to increase efficiencies and flexibility, lower costs, and improve product quality.

Known collectively as Industrie 4.0, the concept is now worldwide in scope. It is also the blueprint for Made in China 2025 and heavily influences Smart Manufacturing initiatives in the United States. While it is most often associated with manufacturing, adjacent market segments, including utilities, smart cities, oil and gas, and healthcare, have begun to embrace Industrie 4.0 principles and technologies.

“PTC continues to focus on initiatives that can enable manufacturers to realize the potential of Industrie 4.0 and smart manufacturing,” said Kathleen Mitford, executive vice president, segments, PTC.

“Our upcoming release of connected operations applications combined with the acatech Industrie 4.0 Maturity Index and our strategic collaborations with industry leaders such as McKinsey & Company will enable our customers to realize value from their Industrie 4.0 initiatives.”

The PTC IoT Transformation Advisory Practice also offers workshops and value acceleration services to further support companies with their Industrie 4.0 strategy.

“LNS Research has long advocated that Industrie 4.0 requires the deployment of next-gen manufacturing apps that are lightweight, flexible, modular, and run on top of IIoT Platforms. Since the launch of ThingWorx, PTC has established itself as a leading provider that shares this vision with a successful track record of helping manufacturers around the world,” said Mathew Littlefield, founder and president, LNS Research. “These new initiatives – the collaboration with McKinsey, the research with acatech, and the upcoming release of connected operations offerings, will further enhance the company’s position, as well as accelerate Industrie 4.0 adoption.”

The timing of any product or application release, including any features or functionality, is subject to change at PTC’s discretion.

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