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October 29, 2015
New partnership integrates Mtell’s Machine Learning Technology with the OSIsoft’s PI System to Optimize Asset Health for Industrial Enterprises
SAN DIEGO (OCTOBER 29, 2015) - Mtell, a leading asset health software solution company and provider of machine learning technology for the Industrial Internet of Things (IIoT), today announced it has partnered with OSIsoft, a global leader enabling operational intelligence. The combined OSIsoft PI System and Mtell Previse solution leverages sensor-based data captured within the PI System to deliver prescriptive maintenance insights for production and manufacturing industries.
OSIsoft's PI System collects and stores real-time data and events from multiple and distributed sensor signals of disparate manufacturing processes, equipment, and control and automation software. Mtell Previse sits on top of the PI System to access and process its stored data using machine learning technology. The combined solution provides early warnings of imminent equipment degradation and failure, and directs prescriptive action to adjust operations and maintenance activities to avoid breakdown issues. The results include higher equipment uptime, lower maintenance costs, and reduced environmental risk.
“As machines become smarter, we need to get smarter in the ways we use the data,” said Martin Otterson, Sr. VP Sales, Marketing, and Industry, OSIsoft. “This partnership will facilitate our customers investing in predictive analytics to gain new efficiency insights into maintenance needs to facilitate lower maintenance costs and improved safety for industrial sites.”
“Partnering with OSIsoft and its network of industrial enterprises ensures greater awareness of the benefits of prescriptive maintenance,” said Mike Brooks, President and COO of Mtell. “Our industrialized machine learning software platform pairs well with the PI System, allowing industries the opportunity to maximize their reliability and maintenance goals.”
Founded in 2006, Mtelligence Corporation (dba. “Mtell”) is a privately held company providing software solutions for managing the health of industrial equipment. Making machines smart, Mtell plays an important role in developing the Industrial Internet of Things. In addition to reducing risk to people safety and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, transportation, pharmaceutical, and wastewater industries. For more information, visit us online at www.mtell.com.
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