PR92017

LONDON, Sept. 29, 2021, /PRNewswire=KYODO JBN/ --

KX [ https://kx.com/ ], a worldwide leader in real-time streaming analytics,

today announced that it has partnered with Telit [ https://www.telit.com/ ], a

global enabler of the Internet of Things (IoT), to deliver an end-to-end,

enterprise-grade industrial analytics platform that combines KX's real-time

streaming analytics capabilities with Telit's deviceWISE® Industrial IoT

platform.

The partnership enables true, in-the-moment microsecond decision making by

bringing together acknowledged leaders in low-latency connectivity and

analytics. In one integrated solution, customers have both the unrivalled

connectivity and simplicity of Telit's deviceWISE IoT platform

[https://www.telit.com/m2m-iot-products/iot-platforms/iot-platform-overview/ ]

and the power of KX's streaming analytics technology.

Already deployed at a large manufacturing site in Europe, the joint solution

enables manufacturers to significantly enhance operational performance by

applying advanced AI models to all production data regardless of type of

machine or format of data. This integration of operational technology with IT

systems allows for a deeper, richer understanding of the manufacturing process

enabling automation of quality control processes and the delivery of preventive

and predictive maintenance programs.

"Modern manufacturing organizations are seeing a huge increase in data, coming

at them at speed, and the need to gain a truer understanding of the

manufacturing process in real-time has never been greater," says Przemek

Tomczak, SVP IoT and Utilities at KX. "Combining Telit's unrivalled ability to

connect enterprise systems to industrial machines and sensors, and our

market-leading streaming analytics capabilities, we can help customers predict

operational issues, automate key decisions and significantly improve

operational performance."

The award-wining Telit deviceWISE IoT Platform

[https://www.telit.com/m2m-iot-products/iot-platforms/telit-devicewise-for-factory-iiot-platform/]

is a complete, data-centric IoT platform with pre-built device drivers,

connectivity management tools and application connectors that enable

development teams to focus on building apps, not infrastructure, and make

systems work together the way their customers want. Powerful capabilities

integrate with connected factories and connected machines to give teams total

flexibility in how data is collected, where it is sent and how their solution

responds to data based on events and changing conditions throughout deployment

– whether in the Cloud, on premise or at the edge. With deviceWISE, legacy and

modern devices work together without custom coding, regardless of the different

protocols they may use.

"With KX and Telit, systems integrators and manufacturers can implement a

full-stack streaming analytics IoT platform. Leveraging data and analytics

provides the insights needed to respond quickly to either bring on additional

resources or tighten process controls to increase productivity,' says Ricardo

Buranello, Head of Platforms Business Unit, Telit. "Data intelligence is

critical in driving actionable insights to make informed business strategies,

goals and decisions."

The market opportunity for the joint solution is considerable. The Industrial

Analytics Market [https://www.mordorintelligence.com/industry-reports/industrial-analytics-market] is valued at USD 13.60 billion [https://www.mordorintelligence.com/industry-reports/industrial-analytics-market] and expected to reach USD 36.73 billion by 2026. With data volumes growing

exponentially - Industry analyst firm IDC estimates that enterprise-related

sensor data is growing at 40% per annum and will soon surpass all other data

types - this joint offering answers demand from customers looking to accelerate

time to deployment and value from their industrial automation strategies.

On October 21st (17.00 BST and also available on demand), KX and Telit will

host a webinar focused on accelerating and improving real-time decision-making

in industry. For more details and registration please visit:

https://bit.ly/3kLcdJB

About KX

KX, the leading technology for real-time continuous intelligence, is part of FD

Technologies plc, a group of data-driven businesses that unlock the value of

insight, hindsight and foresight to drive organizations forward. KX Streaming

Analytics, built on the kdb+ time-series database, is an industry leading

high-performance, in-memory computing, streaming analytics and operational

intelligence platform. It delivers the best possible performance and

flexibility for high-volume, data-intensive analytics and applications across

multiple industries. The Group operates from 15 offices across Europe, North

America and Asia Pacific and employs more than 2,500 people worldwide. For more

information visit www.kx.com

About Telit

Telit simplifies onboarding of connected 'things' with a portfolio of

enterprise-grade wireless communication and positioning modules; cellular MVNO

connectivity plans and management services; edge and cloud software; and data

orchestration, IoT and Industrial IoT platforms. With over two decades of

pioneering IoT innovation experience, Telit delivers award-winning, secure,

integrated IoT solutions for many of the world's largest enterprises, OEMs,

system integrators and service providers, so they can connect and manage IoT at

any scale.

For more information, follow us on Twitter [ https://twitter.com/telit ],

LinkedIn [ https://www.linkedin.com/company/269797 ] and Facebook [https://www.facebook.com/136885348490 ] or visit www.Telit.com.  

Paul Wooding, +44(0)2830252242, pwooding@fdtechnologies.com

Photo - https://mma.prnewswire.com/media/1638593/KX_and_Telit_Partner.jpg

Logo - https://mma.prnewswire.com/media/1508748/KX_Logo.jpg

SOURCE: KX and Telit