Schneider Electric inked a global OEM and distribution partnership agreement with Transpara, a developer of real-time monitoring, visualization and alerting software.
Under the terms of the agreement, Schneider will provide Industrial Internet of Things (IIoT) solutions that enhance data visibility, context and alerting so they can take real-time control of critical business risks, including risks to the efficiency, reliability, safety and profitability of operations.
“As our customers continue their digital journeys, they seek to make their operating assets more intelligent, but aggregating, contextualizing and applying the data that comes from those assets and asset sets in a meaningful way continues to be a challenge,” said Chris Lyden, senior vice president, process automation at Schneider. “Transpara’s focus on key performance indicators, (KPIs) which succinctly contextualize critical operating data in a user-friendly format on any device, give our customers a live view of their operations. This allows them to make better real-time decisions that improve the efficiency, reliability, safety and profitability of their operations. This partnership promises to help our customers keep pace with the increasing speed of business while driving immediate results to their bottom lines.”
Transpara extends Schneider Electric’s customer analytics portfolio to include real-time KPIs, dashboards and alerting that span multiple data sources on the fly, including intelligent machines, intelligent edge devices and other IT infrastructure, as well as cybersecurity data, business applications and web services.
Transpara software can detect if the performance of a process analyzer has degraded. By alerting operators to that trend, proactive maintenance can end up performed before an incident arises, allowing greater real-time control over process and asset efficiency and reliability, while increasing operator safety.
The partnership will also allow real-time data to reach more audiences — including business executives, field services and maintenance providers, either remotely or on-premise — without the need for training and experience.
The partnership combines Schneider’s EcoStruxure IIoT capabilities with Transpara’s Visual KPI solutions to help customers in operationally intensive industries, including refining, petrochemical, energy and mining, better understand and control the performance of their equipment and other assets. Visual KPI software aggregates multiple existing or external data sources on the fly without moving the data, including operations, financial and infrastructure information, and delivers role-based, actionable KPIs and alerts to end users, regardless of their location or device. Visual KPI applies context to data generated by different types of assets — from historians to relational databases to business intelligence tools and web services — and presents it in a visually appealing, fully mobile-responsive interface so the information and data are easily digestible and accessible without training.
“Today’s highly connected IIoT landscape yields massive business opportunity for any operationally driven organization, but only if their data reaches the right people, at the right time, with immediate and obvious context in a user-friendly way,” said Michael Saucier, chief executive of Transpara.