Time-series data analysis is hot; especially in the Internet of Things world. Organizations have realized that their time-series data can be used to quickly and easily recognize patterns and trends.
In manufacturing, they can identify production irregularities, and adapt necessary process adjustments early—without the need for support from IT specialists or data scientists.
To this end, Software AG has acquired the data analytics company, TrendMiner NV. The TrendMiner acquisition extends our IoT portfolio by further improving the ability to support manufacturers as they create and service smart, connected products.
TrendMiner is an intuitive, web-based, self-service analytics platform for rapid-fire visualization of time series based process and asset data. It enables manufacturing companies and process industries to quickly and easily recognize patterns and trends in their process data, identify production irregularities, and adapt necessary process adjustments early—without the need for support from IT specialists or data scientists.
As part of Software AG, TrendMiner will provide process and asset experts with advanced analytics that enable them to analyze, monitor and predict the operational performance of batch, grade and continuous manufacturing processes.
Bert Baeck, CEO and founder of TrendMiner, added, “At TrendMiner, we share Software AG's vision for enabling organizations to fundamentally leverage the connected world. We believe every industry, but especially manufacturing and process industries, will be significantly transformed in this Internet of Things era. We are very excited with the opportunity to leverage the resources and proven IoT portfolio that Software AG delivers.”
TrendMiner’s customers include global leaders including Total, BASF, Covestro and Pfizer. With Software AG, the TrendMiner platform will continue to help customers in a wide range of industries seeking to leverage the IoT, including telecommunications, utilities, medical devices, agriculture, and transportation, as well as an emerging partner network.
Every industry, especially manufacturing and process industries, will be significantly transformed in this Internet of Things era. We are very excited that, with TrendMiner, we have the opportunity to leverage our proven IoT portfolio that Software AG delivers.
Learn more about Software AG's capabilities in analytics and decision-making by clicking below.