NI to Enter Industrial Internet of Things Domain with its New Software Solution

By CIOReview Team

Bangalore: National Instruments (NI), the leading producer of virtual instrumentation software, launched its new software solution named ‘NI InsightCM Enterprise’ in its recent seminar NIDays. The new innovation is engineered to assist companies gain insight into the health of their capital equipment for machine maintenance and operations.

The 1976 incepted American based company NI ((NASDAQ:NATI) has been bestowing engineers and scientists with powerful and flexible technology solutions, augmenting productivity. With current market cap of $4.1 billion, NI has spread over 50 countries globally. The brand believes in constant innovation and now is taking a step further with its new initiative NI InsightCM Enterprise.

With a vision to bridge the gap between vision and implementation, the company has sculpted out NI InsightCM Enterprise, as its first service on the industrial Internet of Things. Backed by more than 15 years of experience in condition monitoring, this end-to-end software solution addresses Big Analog Data challenges.

Commenting on the new development, Alex Davern, Chief Operating Officer, NI says, “With the tremendous amount of aging machinery in power plants, steel mills and factories in India, the Industrial Internet of Things is a critical element that will ensure the uptime and optimization of these systems. We believe that NI InsightCM™ Enterprise that we are launching today will enable organizations to monitor critical machinery, analyze vast amounts of data and make meaningful business decisions.”

NIDays is considered as the ideal venue for engineers, scientists and educators to gain and share information about the latest software and hardware tools, platforms and impacting system development. The event showcases presentations and several technical sessions, where National Instruments employees and other industry experts annex an access disclose their innovations in NI software & hardware platforms. NIDays 2014 not only witnessed a guest pool of more than 800 engineers, academicians and researchers, but it also witnessed participation from NI customers and Alliance Partners across key industries like life sciences, robotics and telecommunication. In addition the event also crowned National Aerospace Laboratories as winner of ‘The application of the year’ award for their application titled DrishtiTransmissometer. 

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