KX and Telit Partner to Deliver End-to-End Industrial Analytics Platform for Microsecond Decision Making in the Manufacturing Sector
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:
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
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