Traditional Industry Dominates Pentaho's First IoT Customer Wave
Leaders in Automotive, Manufacturing and Oil & Gas Transform Industries With Connected Devices and Big Data
ORLANDO, Fla., Oct. 14, 2015 (GLOBE NEWSWIRE) -- PENTAHOWORLD -- Delivering the future of analytics, Pentaho, a Hitachi Data Systems company, today announced customers such as Halliburton Landmark, IMS and KDS are using Pentaho’s enterprise-grade platform to reimagine established industries to drive greater value inside and outside of their organizations. Leveraging Pentaho to blend, integrate and orchestrate machine generated big data and deliver for analytics embedded at the point of impact.
“Big data and the Internet of Things are disrupting entire markets, with machine data merging the virtual world with the physical world. We’ve really only just scratched the surface of how IoT will reshape sectors of the economy,” said Quentin Gallivan, Chief Executive Officer, Pentaho, a Hitachi Data Systems company. “Our customers, some of the most innovative in the industry embraced big data early on and are now some of the emerging mavericks of IoT analytics taking the advantage of the technological disruption that is connecting people, data, and things.”
According to McKinsey Global Institute “The Internet of Things: Mapping the Value Beyond the Hype,” the IoT market could have an estimated total economic impact of $3.9 trillion to $11.1 trillion per year in 2025. With this market opportunity also comes IT roadblocks. McKinsey notes that the lack of open-standards and agile platforms may slow the adoption process across the enterprise. The Pentaho platform is perfectly suited to help customers unblock and unlock the value of IoT with the ability to manage pipelines of data and blend and deliver data to end-users within their application workflows.
“IoT applications can get very complex very quickly due to the extensive breadth and diversity of data sources and analytics involved, as well as the challenge with standards,” said Vernon Turner, SVP of Enterprise Systems and IDC Fellow for The Internet of Things. “For companies and developers looking to unlock the value of IoT, the focus will be on technology vendors that provide an open and agile platform. With a broad offering of integration and analytics that is data source agnostic, Pentaho is well positioned in this extremely competitive IoT market.”
Pentaho Customers Unlock Value from the Internet of Things
Pentaho is empowering the following organizations to integrate, transform, blend and orchestrate machine-to-machine, sensor and network data with traditional information to deliver real business value:
“Oil and gas is an old industry with a new take on technology. At Landmark, a Halliburton business line, we’ve embarked on an enterprise-wide deployment of Pentaho across our multiple industry platform offerings to improve collaboration between oil and gas companies and the broad supply chain,” said Kumar Shanmugavel, Product Manager, Halliburton Landmark. “By expanding our advanced analytics capabilities to include monitoring machine sensor data, our deployment has improved pump safety and prevents spills by predicting failure rates, resulting in 60 to 80 percent less cost and 2x to 4x faster development.”
“As a leader in the connected car industry, IMS is creating revolutionary, award-winning technology that enables drivers to be safer, smarter and greener,” said Christopher Dell, Senior Director, Product Development and Management, IMS. “Pentaho enables us to derive greater meaning from the big data collected from our connected car programs, increasing our competitive advantage and enabling us to offer customers the most comprehensive end-to-end connected car solutions on the market. For example, IMS is currently utilizing high performance analytics to drive better outcomes for both insurers and drivers in usage-based insurance programs. We are also looking to leverage this technology to grow our other connected car programs and services, such as road-usage charging and fleet management offerings, as well as expanding to new opportunities in the related IoT market.”
"Plastic compounding is a complex and highly specialised process. The industry is an order-driven small batch process in which products can be manufactured in different plants; it’s therefore essential to identify the optimal production path,” said Oliver McKenzie, Managing Director, Kirchhoff Datensysteme Software. “Poly.MIS was built by industry experts on the Pentaho business analytics platform and helps plastic compounders diagnose the causes of poor throughput times. Poly.MIS as well as our Poly.ERP serve as a basis for continuous production path optimisation, and lay the fundament for a smart factory."
Customers Unlock Value from the Internet of Things
Pentaho, a Hitachi Data Systems company, is a leading data integration and business analytics company with an enterprise-class, open source-based platform for diverse big data deployments. Pentaho’s unified data integration and analytics platform is comprehensive, completely embeddable and delivers governed data to power any analytics in any environment. Pentaho’s mission is to help organizations across multiple industries harness the value from all their data, including big data and IoT, enabling them to find new revenue streams, operate more efficiently, deliver outstanding service and minimize risk. Pentaho has over 15,000 product deployments and 1,500 commercial customers today including ABN-AMRO Clearing, EMC, Landmark Halliburton, Moody’s, NASDAQ, RichRelevance, and Staples. To learn more about Pentaho visit http://www.pentaho.com.
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(October 14, 2015 - 8:01 AM EDT)
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