Telit Wireless Solutions, the provider of the deviceWISE Application Enablement Platform (AEP), and Agnik, a distributed data analytics software company with both onboard and in-cloud capabilities, today (1 June 2015) announced their collaboration on IoT applications and Big Data analytics for connected devices in the auto, home, and health industries.
Agnik’s solutions expand the quality and quantity of integrated IoT apps and analytics available to customers and ecosystem partners of the industry-leading deviceWISE AEP.
The rapid proliferation of smart devices and products makes it challenging to aggregate and manage all these different data sources and also requires that this trove of data is harnessed and analyzed to extract valuable insights that help companies make more informed business decisions.
The Internet of Things is already starting to transform businesses around the world. For example, in the automotive industry Big Data analytics provide a better understanding of vehicle performance, automotive business, automotive risk management, and connect with customers at a deeper level to improve efficiency and brand-loyalty.
In the home, Big Data solutions are helping to manage energy consumption, maintain security while allowing entry to repair services while the homeowner is away. Individuals are wearing quasi healthcare devices on their bodies night and day.
Telit and Agnik provide technology and analytics that make it easy for companies, large and small, to onboard on the Internet of Things – reducing cost, time-to-market, complexity and risk versus trying to engineer a fragmented solution in house, the two companies asserted.
At the core sits Telit’s Cloud-based deviceWISE Application Enablement Platform for data acquisition, data and device management and data integration. In turn, Agnik converts the data from thousands of connected things into actionable business intelligence, delivered on custom web-based and mobile apps, and dashboards.
“We are honoured to welcome Agnik as a deviceWISE business partner. Agnik’s leading IoT apps and Big Data Analytics further expand the number of off-the-shelf deviceWISE Ready solutions that are available to customers, MNOs and partners worldwide,” said Gideon Rogovsky, SVP, Sales and Marketing of deviceWISE platform at Telit. “Telit is creating a growing ecosystem of world-class IoT solution providers – ranging from the device side to applications and analytics.”
“We are pleased to collaborate with Telit and offer Agnik’s analytics-driven ecosystem of products and services to the deviceWISE AEP community,” said Dr. Hillol Kargupta, President of Agnik. “Agnik offers a comprehensive analytics platform for connected devices powered by our patented, onboard data-stream mining technology and wide range of distributed cloud-based analytics for consumer and commercial applications in connected environments.”
Agnik’s suite of analytics software products already provide a wide range of powerful, yet easy-to-use, onboard and cloud-based tools that transform data about vehicle performance and user experience into valuable insights, highly coveted by companies in the automotive industry for connecting with car owners at a deeper level.
Agnik has also embarked upon a deep analytics driven path in the connected world of devices and products for industrial environments, home and health. Its collaboration with Telit will blend Agnik’s predictive data analytics capabilities with Telit’s device management infrastructure to develop a patchwork of insights into a holistic quilt of knowledge; from what would appear to be on the surface unrelated sources of information, devices, and products.