ThingLogix propels the modern business with the Internet of Things by combining insight-driven IoT services and the power of the cloud - creating new business value and accelerating time-to-market.
Datawatch Corporation enables ordinary users to achieve extraordinary results with their data. Only Datawatch can unlock data from the widest variety of sources and prepare it for use in visualization and analytics tools, or for other business processes. When real-time visibility into rapidly changing data is critical, Datawatch also enables users to analyze streaming data, even in the most demanding environments, such as capital markets. Organizations of all sizes in more than 100 countries worldwide use Datawatch products, including 93 of the Fortune 100. The company is headquartered in Bedford, Massachusetts, with offices in New York, London, Frankfurt, Stockholm, Singapore and Manila.
Year Founded : 1985
PRINCEPS is an R&D intensive company. We have conducted a significant R&D effort in cooperation with academic organisations in Europe (PRINCEPS is the initiator and coordinator of several EU funded projects).
Strong with more than 15 years field experience through planning and scheduling projects worldwide, we have developed an innovative software suite which introduces a new paradigm in this domain.
Most importantly, PRINCEPS has developed over the years, a strong working partnership with its clients, which is at the foundation of its customer oriented culture.
The Oil industry is one of the pioneers in the widespread adoption of optimization techniques. The term “Refinery optimization” has consequently evolved to become a multi-faceted concept.
At an abstract level, refinery optimization is about getting the most from the existing assets; by extension, it can also refer to the most profitable investments in new equipment or new assets. This first distinction gives rise to 2 horizons of application to refinery optimization: long term, structural optimization, and short term operations optimization. Moreover, operations management itself can be addressed in a variety of ways, depending on whether the approach taken to refinery optimization is bottom-up, or top-down:
The top-down approach is based on hierarchical optimization: the refinery optimization problem is addressed as a succession of optimization problems of different time magnitudes and granularities. The first problem is a mid-term planning problem and is concerned with the refinery as a whole and a time frame of one to several months. Subsequently, the time frame is subdivided into finer time intervals. At the lowest level, the theoretical goal is to achieve operations scheduling on a day to day basis.
The bottom-up approach is one that starts with local problems and tries to aggregate them into a consistent solution at the refinery level.
In contrast to traditional bottom-up approaches – which attempt to build an overall solution by aggregating local solutions – we start by achieving a feasible, “good quality” overall solution using our smart simulation engine. Then, guided by the consistent overall solution, we seek to optimize local operational challenges.
Our innovative approach to refinery optimization takes account of 2 crucial facts:
- Day-to-day operations are subject to uncertainty,
- Regardless of the inherent formal difficulty of achieving an overall refinery schedule optimization, an overall optimized schedule is of little use.
This is simply because an overall solution achieved that way is inherently unstable: the slightest change or unforeseen event means that the whole schedule must be rebuilt. And given the huge amount of inertia in such a large system, any sudden change of trajectory consumes an equally huge amount of energy.
Under this pragmatic perspective, refinery optimization appears as the search for a maintainable globally feasible, locally optimized schedule. Optimization is applied to sub-systems where a high economic impact is achievable.
iCubed4 is a German-Chinese invested enterprise located in Shanghai with focus on providing Industry 4.0 technology to manufacturing enterprises of all sizes.
Their mission is to help manufacturing companies close technology and process gaps in order to become world-class manufacturing companies.
Tachyus creates technology to optimize energy production for the oil and gas industry. The platform unites analytics software and sensors that measure real-time data to increase production, decrease lease operating expenses, and boost profits.
InfoMotion is a world leader in developing and commercializing advanced motion-sensor firmware and software that powers devices for the Internet of Everything (IoE). They deliver amazing solutions to partners and global leaders serving both the sports and manufacturing industries that share a common goal: a desire for sustainable market leadership through IoE innovations. Their award-winning IoEdge software suite delivers extremely precise motion data whether it’s for mission critical applications on the factory floor or award winning consumer products. When your business depends on superior experiences, precise data, and highly scalable solutions, IoEdge is the most advanced solution on the market
Established on January 1, 2010, the Fraunhofer Institute of Optronics, System Technologies and Image Exploitation IOSB grew to become Europe´s largest research institute in the field of image acquisition, processing and analysis.
IOSB´s other areas of acitvity are control and automation technology, and information and knowledge management.
IOSB has four locations in Germany: Karlsruhe, Ettlingen, Ilmenau and Lemgo as well as a representative office in Beijing.
The three core competencies of Optronics, System Technologies and Image Exploitation give the institute its distinctive profile.
L&T Technology Services delivers a range of technologies, services & solutions across transportation, industrial products, telecom and hi-tech, process industry, and medical devices through Imagineering, Engineering & Adjacent Engineering. We have more than 8,000 engineers from nine nationalities serving over 200 customers, including more than 50 Fortune 500 customers. We leverage the strengths of our parent company, Larsen & Toubro, a leading Indian conglomerate in technology, engineering, construction, manufacturing and finance, which has provided us with a broad engineering and design heritage. We have been recognized as the Company of the Year by the Indo American Chamber of Commerce in July 2016.
Simevo is a young startup with the mission to provide flexible technologies for the simulation of industrial continuous processes and of financial cash flow, that can be used to implement smart forecasting solutions.
Tired of simulation technology which is inaccessible, expensive and obsolete? simevo is a lean supplier of innovative simulation technology that will help you face the challenges of the evolving business environment.
ThingLogix has its origins in the cloud and in IoT. Partnering with leading cloud platform providers such as Amazon Web Services, ThingWorx, ServiceMax, Salesforce.com, and Heroku, ThingLogix make it easy for companies to connect devices, transform and move to market faster than they ever thought possible.
ThingLogix Foundry is a CRM for connected devices, making it possible to quickly design and deploy Internet of Things (IoT) solutions on Amazon Web Services and it enables companies to rapidly create and deploy IoT applications, solutions and experiences for the connected Enterprise. Their utilities provide a complete collection of capabilities to develop, monitor, update, and interact with your connected devices.
PRINCEPS’ scheduling technology represents a technology leap through a variety of innovative features, such as:
- The capability to dynamically modify events during simulation, making a schedule self-adjust its events to the simulation results
- Schedules and models archiving and “versioning”, merge different branches from different users, or rolling back schedule changes as needed
- Smooth and continuous transition between model versions within the same schedule
The iCubed4 Manufacturing Execution Solution (MES) forms the Basis for Smart Factories! It offers modular design but is fully adjustable to your specific needs and hosts in your factory or in our private manufacturing cloud.
The solution enables for Big Data collection from machines and sensors as well as the tools needed to analyze the data and make the right decisions at the right point in time – in Real Time.
Naturally, the road to turning a company into a Smart Factory can be of different length depending on the current status and the ultimate target enterprises are aiming for. With the pragmatic approach to Industry 4.0, iCubed4 is able to provide the full transparency in every step that is necessary to increase efficiency, reduce cost, and eventually increase your profits.
Overview & Value Proposition:
L&T Technology Services delivers IoT applications across the lifecycle using home grown and third party frameworks, platforms and accelerators. We engage with our customers to contribute in their IoT and M2M strategies and roadmap; develop, deploy and commission business ready M2M applications; integrate these applications to enterprise or cloud; implement custom or commercially available IoT/M2M platforms; and enable sensing capabilities on their custom or off the shelf hardware.
We aim to strengthen our position in digital engineering through investments in IoT, M2M and smart manufacturing technologies or through acquisitions in product software, embedded software and computing.
We focus on building a portfolio of solutions-oriented engineering services that can be applied across verticals. As part of this strategy, we closely follow the technology trends in the ER&D industry and have focused on key technology areas that we believe will impact the various verticals in which we operate. These key technology areas include digital engineering, mobile internet, IoT (IIoT, mBIoT), automation of knowledge, advanced robotics, autonomous and near-autonomous vehicles, energy efficiency and imaging and video. We intend to focus on solutions in these areas and build cross-domain solutions that can be applied to the businesses of our existing and prospective customers across verticals that could help drive non-linear revenue growth for the company. In order to execute this strategy, we are also building and strengthening our alliances with technology companies. We aim to develop industry-specific use cases for such solutions and then customise these solutions as per the specific requirements of our customers.
We have developed mature IoT solutions such as UbiqWeise™ and iBEMS™ in emerging technology areas to support our customers. For example, one of our construction industry customers, who has various types of construction equipment and machinery spread across global project sites, collects operational data on a near real-time basis, which is then sent to a cloud platform. The data is then processed using applied analytics on our UbiqWeise™ platform to provide insights on information such as operational efficiency and preventive maintenance schedules. For another customer, we provide smart services solutions in process improvement, waste reduction and improvement in yields. Our solutions are aimed at addressing specific problems by introducing advanced sensors and analytics technologies to detect anomalies at an early stage of production. As a result, our solutions enable reduction of the rejection rates of the products.
We have entered into alliances with several IoT players. For example, we established a joint IoT lab with a global network solutions provider to explore opportunities in transportation, manufacturing and smart cities. We have set up a smart manufacturing lab has been set up to address difficulties faced by process and discrete manufacturing plants, as well as to develop and integrate intelligent automation solutions for smart manufacturing. These manufacturing areas include process optimization, smart utilities, connectivity and mobility, tracking quality checks, touchless operations, OEM integration, and smart machine controls.
Mobile, Cloud and Internet of Things
Implement smart forecasting solutions based on our flexible simulation technologies - interface with everything from SCADA to ERP thanks to Python, C# and RESTful HTTP APIs.