27 Jul 2017
Five Companies with Analytics Applications for Manufacturers Named IDC Innovators
FRAMINGHAM, Mass., July 27, 2017 – International Data Corporation (IDC) has just released an IDC Innovators report recognizing five companies with revenue under $100 million specializing in analytic applications for manufacturers. The technologies included are a combination of Big Data analytics, IoT or edge analytics, machine learning and artificial intelligence, and cloud computing.
The IDC Innovators study profiles Augury, Element Analytics, Falkonry, Sight Machine, and Tulip.
Augury applies machine learning algorithms to mechanical data in factories and other facilities, helping its customers to deliver higher levels of service (including predictive maintenance). With machine learning and other analytics, Element Analytics analyzes and then integrates industrial time series data with other data sources to develop digital twins of industrial assets. Falkonry discovers and classifies "behaviors" in the plant using automated machine learning and multivariate analysis of time series data, creating early warning signals for operational conditions. Sight Machine uses AI and machine learning to create digital twins for manufacturing "systems," which customers are using to better manage their own assets and, in some cases, the assets of their suppliers. Tulip offers a manufacturing application development and analytics platform for customers to develop apps that easily track workflows or processes with data, especially sensor data, and analyze those processes.
"These vendors are not just bringing together new technologies to create product offerings, they are also specifically focused on operational challenges in the manufacturing industry," said Kimberly Knickle, research vice president, IDC Manufacturing Insights.
IDC Innovators: Analytic Applications for Manufacturing, 2017 (Doc #US42382717) profiles manufacturing vendors with an innovative technology or a groundbreaking new business model or both. The IDC Innovators research document examines manufacturing vendors who utilize analytic applications for their solutions, with revenue of less than $100 million with a product, service, or business model with a specific use case.
About IDC Innovators
IDC Innovators reports present a set of vendors – under $100M in revenue at time of selection – chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. Vendors in the process of being acquired by a larger company may be included in the report provided the acquisition is not finalized at the time of publication of the report. Vendors funded by venture capital firms may also be included in the report even if the venture capital firm has a financial stake in the vendor's company. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
For more information about IDC Innovators research, please contact Karen Moser at firstname.lastname@example.org.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company that activates and engages the most influential technology buyers. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn.