ThingWorx, the provider of the first application platform for the connected world, has entered a strategic partnership with Sensei Solutions, a leading provider of Electric Utility Smart Grid solutions, to expand its capabilites to develop products for asset monitoring and management capabilities.
ThingWorx combines the key functionality of Web 2.0, real-time data, mashups, search, social media and the semantic web, and applies it to any process, thus imprving business performance in industrial markets such as manufacturing, utilities and energy. On the other hand, the solutions developed by Sensei are based on neural net technology that combines enterprise knowledge, predictive analytics, and highly configurable visualization and event notification, helping the customers reduce unplanned downtime and equipment failure costs associated with their assets.
"The partnership with ThingWorx allows Sensei Solutions to accelerate the development of new products and solutions for real-time monitoring of critical utility generation, transmission, and distribution assets," commented Ashley Campbell, Sensei CEO, in a statement. "The ThingWorx platform allows us to build on our core competencies to rapidly aggregate, normalize, and correlate disparate asset monitoring data across the enterprise, and provides us with a modern, Web 2.0 based platform to help build the next generation of smart grid asset monitoring capabilities."
"ThingWorx is truly a disruptive technology that is unique in the marketplace and we look forward to a long and successful partnership," added Campbell.
"We are excited to partner with an innovative company like Sensei Solutions," stated Russ Fadel, CEO of ThingWorx. "Their thought leadership and deep intellectual property around improving utility asset monitoring and management capabilities will be key to a successful smart grid. This partnership is a great example of how the ThingWorx platform can help OEMs extend and enhance an existing solution to provide new collaborative functionality while simultaneously increasing their ability to rapidly respond to new customer requirements. The ThingWorx platform uniquely provides a rich, interactive environment for building applications that connect the three critical dimensions of today's connected world -- people, systems, and physical assets."
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Rahul Arora is a TMCnet contributor. He has worked as an editor and freelance writer for several reputed organizations in India. To read more of his articles, please visit his columnist page.
Edited by Juliana Kenny