The deal means Schneider Electric will provide Industrial Internet of Things (IIoT) sytems with higher data visibility, context and alerting for real-time control.
"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, Schneider Electric. "Partnering with best-in-breed providers like Transpara helps us address these issues. Transpara's focus on key performance indicators, 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. For example, Transpara software can detect if the performance of a process analyzer has degraded. By alerting operators to that trend, proactive maintenance can be 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 Electric's EcoStruxure IIoT capabilities with Transpara's Visual KPI software in industries such as refining, petrochemical, energy and mining.The 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,