Engineering news
Senseye, provider of the Prognosys cloud-based prognostics and condition monitoring software for the manufacturing industry, has been selected as ‘One to Watch’ by the Business Leaders Network IoT Forum.
Prognosys works by taking in measurements such as vibration, humidity, acoustic emissions and power usage from sensors already in the machine, or retrofitted by Senseye. The sensors stream data to the cloud via a wireless or wired connection. Prognosys analyses each measurement to identify trends and predict machine failure. It also checks whether its past predictions were correct.
Data is available to the factory floor from day one but becomes more useful in a week or two, after the software has been able to build a picture of normal operations.
Senseye aims to make the system usable by anyone. Prognosys sends simple messages to users, explaining in “natural language” where an error has been detected, when a failure is likely and which particular areas should be looked at. This is done through its easy-to-use web app and soon via text message.
Users can see data by logging onto a Facebook-style feed. A timeline will show a picture of a motor, for example, a graph with the problem area highlighted in red and a simple text explanation. Users provide feedback on whether this information is useful, in which case the software will look into it further, or whether it should be ignored in the future.
Senseye is currently piloting Prognosys with a number of manufacturers, including Parvalux, a maker of electric motors. It is too early to provide hard data but it expects to see downtime decreasing by 20-30%.
Thanks to the company’s early success with its machine monitoring software, Senseye has been highlighted by the IoT Forum as one of the brightest emerging start-ups in the Internet of Things (IoT) industry. The IoT Forum is a two-day conference held on the 9th and 10th of March. Investors, corporates, and entrepreneurs are invited to attend Robinson College, Cambridge for two days to explore the latest trends that will effect the IoT field over the next year, and also to facilitate the connections across industries to accelerate business success.
Alexander Hill, co-founder of Senseye, said: “We’re excited to be recognised for the work we are doing, helping manufacturers to reduce machine failure by using the Industrial Internet of Things and our prognostics and condition monitoring software PROGNOSYS. We’re looking forward to presenting and hearing from other IoT startups”.
Senseye is currently running a pilot of their software, providing a zero-cost trial of their Prognosys cloud-based software for a period of three months enabling manufactures to prove the value of the solution. The company is currently accepting applications to join the pilot on a first-come-first served basis. Visit www.senseye.io/prognosys-pilot for more information.
The IOT Forum brings together three key groups in the IoT Field – Corporates, Investors, and Disruptive Entrepreneurs. The aim of the conference is to both explore the latest trends that will effect the IoT field over the next year, and also to facilitate the connections across industries to accelerate business success.