Cimetrics updates Analytika for the Internet of Things | Automation.com

Cimetrics updates Analytika for the Internet of Things

February 122015
Cimetrics updates Analytika for the Internet of Things

February 12, 2015 - Cimetrics is now able to connect, extract and analyze data from thousands of products, engineered systems and systems of systems.. Analytika for IoT is a production scale analytics platform that is scalable, flexible and secure. Analytika for IoT provides model-based analytics that go beyond statistical and other traditional analytical methods.Models representing the underlying physics of the product or engineered system, allow deeper understanding of cause and effect.

Analytika for IoT provides the capability to rapidly build and evolve models of physical world things. Sophisticated algorithms then analyze incoming data, identify opportunities, determine root cause and deliver insights through rich visualizations and notifications. Analytika for IoT provides a variety of cost saving and revenue-enhancing value propositions for the Internet of Things. Examples of these value propositions include: 

Operating lifecycle management:  Analytika for IoT predicts when maintenance is required, determines what spare parts and consumables are needed and when they must be procured, ensuring long life and cost effective operation.

Product as a service: Analytika for IoT provides the capability to analyze product and field service data and to derive insights about how the product is being utilized and what value is being delivered to the end user. Such insights enable manufacturers to deliver "products as a service," enabling new recurring revenue streams. For example, using Analytika, a manufacturer of MRI equipment, is able to deliver images as a service. 

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