I recently attended the Strata + Hadoop World Conference in San Jose, and came away impressed with the accelerating pace of innovation in the world of Big Data. Companies and startups are innovating in every area of the Big Data value chain – from automating how data is collected, cleaned, and organized; to data governance and management; to data storage using a plethora of NoSQL database technologies; and to the numerous emerging tools for data science. Read More »
Cisco and Bit Stew Set Out to Transform the Industrial Internet of Things (IIoT) – One Customer at a Time
We’ve introduced several of the key figures within Bit Stew and shared with you the ways they are working to bring the IIoT to fruition, particularly within the energy sector.
I had a chat with Kevin Collins, CEO of Bit Stew to discuss the next opportunities for the company:
“It’s an exciting day at Bit Stew, with the announcement of additional funding from Cisco Investments and GE Ventures. With this support, we will continue to bring our experience in managing massive data sets and optimizing edge and fog computing to automate industrial operations in utilities and other industries as well.”
Kevin told me that the new funding will help fuel Bit Stew’s ongoing technology innovation and customer adoption: “This investment will open doors to new market opportunities for Bit Stew, and positions the company as a global leader in Software Defined Operations for IIoT. Bit Stew has quickly become the hot company to watch”.
Bit Stew was recently recognized to Greentech Media’s prestigious Grid Edge 20 list, as one of the top 20 innovators architecting the future of the electric power industry, along with Tesla, Duke Energy and SolarCity. “Making the Grid Edge 20 provides validation of our strong market traction, and is a tribute to what we’ve achieved since Bit Stew was incorporated in 2009. It also serves as a reminder of the responsibility we have to our utility customers, partners, and the industry as we work towards transforming the power sector to one that is more efficient, reliable and agile.”
Purpose-built for the Industrial Internet
The MIx Core platform is the culmination of years of industry-hardened machine learning derived from trillions of data points analyzed throughout the utility and oil and gas industries. Purpose-built for the Industrial Internet, MIx Core processes and analyzes greater volumes of data than most of the largest social networks in the world every day.
Bit Stew’s MIx Core takes full advantage of Cisco’s IOx technology, by embedding its core technology inside Cisco fog devices, providing data analysis at the edge of the network and in cloud-based systems – all in real-time. Running MIx Core in the “fog” brings a significant new advantage for organizations that are dealing with massive amounts of data running on complex networks in the IIoT
“Bit Stew’s collaboration with Cisco and the synergy between our Mix products and Cisco’s IOx platform has allowed us to utilize fog computing to completely revolutionize the way the energy sector operates,” Kevin said. “By using the edge of the network in the computing and analysis process, together we can create instant intelligence that is shared simultaneously in the operations center and in the field. This contextual analysis of industrial operations enables decision-making with a confidence that wasn’t necessarily available before. This expanded awareness results in increased up-time, faster issue resolution and optimized dispatch of resources,” adds Kevin.
Clearly Bit Stew is going places. And not just with utilities anymore. Find out more here: Read More »
I caught up with Franco Castaldini, VP, Marketing at Bit Stew Systems to talk about Bit Stew and Cisco and wanted to know about where Bit Stew are going with product offerings, industry solutions, and customer engagements. This is what he told me:
“It’s an exciting time for Bit Stew Systems as we extend our heritage in utilities into new markets such as the oil and gas industry. This week, the Bit Stew team is showcasing our MIx Solutions at the Entelec Spring Conference & Expo in Houston, Texas.
Bit Stew’s transformative MIx Core™ platform manages real-time industrial data at scale, automating the ingestion process, and utilizing machine intelligence both centrally and at the edge. Our MIx Director™ application (formerly Grid Director), harnesses the power of MIx Core, by building operator workbenches to provide industry-specific data models, search, reports, dashboards and so much more. MIx Director continues to serve as a container to plug-in MIx Apps™, which offers pre-built analytics, data adapters and visualizations that solve specific use cases that improve asset and operational performance.
Bit Stew majoring in Fog Computing with Cisco’s IOx Platform
With Cisco’s IOx® technology, Cisco’s field-based hardware devices such as the Cisco Connected Grid Router (CGR) and Integrated Services Router (ISR) bring a whole new level of capabilities to market. These devices are capable of hosting a guest operating platform where companies like Bit Stew can run our own applications like never before. Bit Stew is a member of the Cisco ‘Solutions Partner’ program.
Collaboration goes Beyond ‘Big Data’ and Drives Value
Bit Stew’s MIx Core takes full advantage of Cisco’s IOx technology, by embedding its core technology inside these Cisco fog devices, providing data analysis at the edge of the network and in cloud-based systems – all in real-time. Running MIx Core in the “fog” brings a significant new advantage for organizations that are dealing with massive amounts of data running on complex networks in the Industrial Internet of Things (IIoT). This end-to-end visibility enables industrial companies to gain actionable insights from the network in order to manage risks, improve asset performance and increase uptime.
A Proven Track Record of Success
Together, Bit Stew and Cisco have worked collaboratively to bring fog technology to life at major utilities such as BC Hydro, a Canadian electric utility in the province of British Columbia, which first deployed smart meters in 2011. The successful and proven track record we have had together with utilities is now resonating with the upstream and midstream oil and gas markets. The response the Bit Stew and Cisco teams saw at Entelec this week has been exciting and we will have more to announce in the weeks ahead.
Take time to learn more about Bit Stew at www.bitstew.com and read our new blog the Bit View for more insights and commentary on the IIoT.”
Make sure you catch the interview with Bit Stew’s CEO, Kevin Collins here: Fog Computing Becomes Clearer with Cisco IOx Solution
You can read more about Bit Stew here (click on the link below)
About Franco Castaldini
Franco Castaldini is an experienced marketing, sales and product management executive who has led go-to-market strategies for innovative startups to large global companies. Franco leads Bit Stew’s product marketing and management, marketing communications, and global go-to-market strategy for the company’s growth in the Industrial Internet market.
Nowadays, there are billions of devices connected to the Internet, and this has led to some advances in the Electronics and Telecommunication technology developments in recent years which resulted in various kinds of very powerful devices with communication and networking capabilities that have attracted the industries to adopt this technology into their daily business to increase their efficiency. Other than the industrial sector, there are other sectors like assisted living services, public services, etc., which have a big demand for Information and Communication Technology developments. Therefore, there is the need for a new paradigm in M2M communication which enables “Things” connectivity to the Global Internet Network. This paradigm is known by the term IoT.
IoT is the network of physical objects or “Things” embedded with electronics, SW, Sensors and connectivity to enable it to achieve value and service by exchanging data with the manufacturer, operator and/or other connected devices through advanced communication protocols without human operation. The technology of IoT has been evolved according to the environment based on information communication technology and social infrastructure, and we need to know the technological evolution of IoT in the future. Read More »
Many of you may have missed the recent presence of Cisco at DistribuTECH in San Diego last month, so that blog is summarized here and a link to the live blog is given at the end of this summary:
At DistribuTECH, Cisco had the pleasure of engaging with attendees, demonstrating how utilities the world over have worked with Cisco and our partners to reduce costs and deliver more services on a single, intelligent and secure platform. The IT model we shared is one that brings innovation to the Operational Technology (OT) environment, integrating information, data, people and processes – the building blocks for the Internet of Everything.
In the included video Bit Stew went on to talk about how they’re taking their software, embedding it in Cisco routers, putting it inside substations, allowing that intelligence and that automation to happen in real time, right at the edge of the network, yet tie back into cloud based systems. This technology is brought to life at major utilities such as BC Hydro, a Canadian electric utility in the province of British Columbia, which first introduced smart meters in 2011. Find out more by reading the whole blog below.
Read the blog here: Fog Computing Becomes Clearer with Cisco IOx Solution