ioTium Joins Siemens’ MindSphere Partner Program as a Gold Partner

SANTA CLARA, Calif.Nov. 13, 2018 /PRNewswire/ — ioTium, the first commercially deployed Software-Defined Converged Infrastructure company for the Industrial Internet of Things (IIoT), today announced that the Company has joined Siemens’ MindSphere Partner Program as a Gold Partner. The MindSphere Partner Program is Siemens’ partner program for Industrial IoT (Internet of Things) solution and technology providers. As a Gold Partner, ioTium can work to accelerate the adoption of Industry 4.0 in industrial enterprises leveraging MindSphere.

ioTium’s vision for Software-Defined Converged Infrastructure solutions for IIoT is based on the learning that both flexibility and simplicity are equally important in approaching Industry 4.0. Organizations must combine elements of security, network, and edge computing in a multi-tenanted, scalable and open way to realize their deployment.

“ioTium is capable of delivering tremendous value to industrial enterprises through its Software-Defined Converged Infrastructure solutions for IIoT along with rapid, scalable deployment of MindSphere,” said Paul Kaeley, senior vice president, global partner ecosystem at Siemens PLM Software. “Together we can help joint customers rapidly realize the benefits of Industrial IoT with MindSphere, and create a completely closed loop decision environment for continuous optimization and improvement.”

MindSphere is the cloud-based, open IoT operating system from Siemens that connects products, plants, systems and machines, enabling businesses to harness the wealth of data generated by the IoT with advanced analytics. The ioTium Software-Defined Converged Infrastructure solution for IIoT is the fabric that connects legacy brownfield industrial assets to MindSphere. ioTium solutions are designed to enable industrial enterprises to rapidly and reliably move data from brownfield industrial assets to the cloud without the need for costly additional IT staff. Joint ioTium and MindSphere customers may also gain rapid return on investment from predictive analytics, preventative maintenance and machine learning.

“We have built our business on a unique understanding of the security, scalability and reliability needs of mission-critical industrial organizations embracing Industry 4.0,” said Ron Victor, Founder and CEO of ioTium. “Siemens has an extraordinary vision for the future of Industrial IoT, and ioTium is pleased to partner with them to help make their vision a reality for our joint customers.”

As a MindSphere Gold Partner, ioTium has technical staff trained by Siemens through the MindSphere technical curriculum, multiple MindSphere applications under development and a joint go-to-market agreement to assist customers in achieving substantial business value through IoT and MindSphere.

cohesionIB and ioTium Partner to Bring Greater Intelligence to Commercial Real Estate Worldwide

cohesionIB, a cloud-based intelligent building software platform has selected ioTium, the first commercially deployed Software-Defined Converged Infrastructure company for the Industrial Internet of Things (IIoT). Together, the companies will leverage their shared expertise in building automation to bring greater intelligence to commercial real estate properties worldwide. ioTium and cohesionIB will showcase their joint work at this week’s Realcomm CIO Forum. The event, sponsored by ioTium, will be held at 151 North Franklin in Chicago – a much celebrated commercial real estate property developed by The John Buck Company.

During the event, cohesionIB and ioTium will showcase the benefits of 24/7 secure remote access and a mobile interface to interact with all of the amenities and features of the building. Both companies have a shared understanding of the fact that while there are many “smart” components to modern buildings, most do not fully embrace the promise of the IIoT. While systems have the ability to communicate, they are frequently siloed and unable to connect in a way that will allow each building to respond to or anticipate changes. The result is a mix of systems difficult for the small IT teams, common to commercial properties, to manage.

“cohesionIB makes buildings a better place to be. Whether you’re a tenant, the building operator, or the property owner, we’re creating better experiential and economic outcomes through our cloud-based application,” said Rick Szcodronski, CTO of cohesionIB. “We have partnered with ioTium to bring both speed and security to our building deployments. In a recent roll-out, ioTium’s Software-Defined Converged Infrastructure solutions for IIoT enabled us to add 8,000 users to three different systems in under 20 minutes – something that would have taken us weeks in the past. That speed has been a quantifiable benefit to us without having to sacrifice security. ioTium provides our products a secure path to scalability.”

Whether it’s designing a new building in a highly competitive commercial real estate market or updating a half-century old property for the needs of modern tenants, cohesionIB and ioTium offer a unique joint solution to commercial property owners and operators. System updates can be made within minutes and new access and permissions can be granted in seconds. A unified dashboard allows small IT teams to keep a close eye on each building – or a number of buildings from a distance.

“Our partnership with cohesionIB continues our leadership in IIoT solutions for the building automation market,” said Ron Victor, founder and CEO of ioTium. “ioTium understands the distinct IIoT needs of commercial real estate property owners better than anyone. Our unique Cloud-based Infrastructure solutions for IIoT are driving innovation with easily deployable technology for industrial markets where reliability and security are mission-critical.”

The CIO RealComm Forum will be held October 18, 2018 at 151 North Franklin in Chicago. The invitation-only Forum is open to CIOs and other senior IT professionals in the commercial real estate development and related service industries.

Secure Connectivity Brings Onsite Insights to Offsite Services

***the original article was from Emerson Exchange 365 Community***

The J. J. Pickle Research Campus is a collaboration between the University of Texas (UT) and industry, including Emerson Automation Solutions. The pilot plant was the first location to implement Emerson wireless, and its current focus is separations research, including the removal of carbon dioxide (CO2) from stack gas. The plant also uses Plantweb Optics to monitor plant controls on distillation, CO2 adsorption/stripping, liquid-liquid extraction, oil extraction from algae, and verification of separation.

 

The facility is also used for process scale-up and troubleshooting, and as a beta site for much of Emerson’s new technology. It has been running DeltaV distributed control system for 18 years, with 600 DSTs running several units, an M-series controller and I/O, S-series controllers and I/O, Electronic Marshalling, AMS Device Manager and machinery health monitoring, and more than 60 wireless HART devices, plus wired HART and Foundation Fieldbus devices, monitored by AMS Device View.

The plant runs with two electricians, one mechanic and a chemist. “Before Plantweb Optics, we’d come in, drink a lot of coffee and open up AMS Alert Monitor, DeltaV Explorer, Wireless Gateway Web Interface, Control Studio and DeltaV Operate to determine the health of the plant,” said Juan-Ramon Campos, instrument technician, electrician and operator. “If abnormal conditions existed, we’d use AMS, Valve Link, Insight, Control Studio and Process History to troubleshoot and determine the next course of action. After determining the problem, we’d head to field with a 475 [field communicator], multimeter, service manual and tools, and after correcting the problem, we’d return to the control room and use above mentioned programs to verify performance.”

Campos and co-presenters Tinh Phan, digital transformation solution architect, Emerson Automation Solutions, and Dhawal Tyagi, chief product officer, ioTium, spoke at the Emerson Global Users Exchange this week in San Antonio.

Remote support couldn’t stay away

“I was having to drive to J.J. Pickle for asset management, which was involving too many long days on the road,” said Phan. Emerson also needed to secure remote access into J.J. Pickle for diagnostics of DeltaV systems and wireless systems.

“We also wanted to do it for implementing new Emerson technologies. I couldn’t see remotely how the instruments were working and how information was being passed down,” Phan said. The project goals became:

  • Get real-time remote access for a view of plant reliability and operational performance.
  • Integrate multiple technologies for a holistic view of asset health and to support recommendations.
  • Have a secure, yet flexible architecture to interface and integrate with other platforms.

Security at the edge

“People need data for analysis from a lot of different pieces of equipment with different protocols,” said Tyagi. On cybersecurity, “The hackers are always two steps ahead, and nobody has a perfect system. You need layers like you have at home—a lock on the door and the valuables in a safe.”

Tyagi described two ways to deploy edge applications—on a cloud, or in the factory. “If you do it in the factory, you still have to get the data to the applications, so how do you connect it to the cloud? And if you try to keep it at the edge—in the factory—you need a Linux or Windows machine, you have to install it and maintain it, and you may need hundreds of them for different locations.”

Instead, to add a monitoring or control application, ioTium installs “iNodes” at the plant, and an “orchestrator” that can access the nodes. Nodes can be connected to private clouds at the company, third-party analytics, instrument vendor remote facilities, etc.

“The resulting private network is not part of the internet,” Tyagi said. “Each iNode is in isolation—any hack can only access one node, one network. You can minimize risk because you know the boundary of the attack.”

End run around IT

Emerson performed a proof of concept using iNodes in iOps, and tested it in Austin before deploying it at JJ Pickle. “We used Azure, ran an executable on AMS Device View, and immediately had a view,” Phan said. “We used a virtual iNode at J.J. Pickle and a hardware node at Emerson. We were able to avoid opening too many ports at J.J. Pickle, which UT IT would not have wanted.”

By securely connecting remotely to the control systems, Emerson is able to monitor all the smart instrumentation. “Before, they were fighting fires every day at the plant,” Phan said. They could commission many devices on a remote monitor and drill down through AMS Device View to see problems and calibration status. “But they still could not do everything on premises, and there was too much to do.

“Plantweb Optics showed a humungous amount of compromised devices that they can now fix—many low batteries, devices not running, etc. that they can repair or disable.”

From JJ Pickle’s point of view, “Installation went seamlessly,” Campos said. “Now we have a real-time capture of data without disrupting critical assets. I can access it from my house, see status, make a plan, and get a faster resolution of device problems from Emerson.”

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ioTium and Emerson Lead Joint Workshop at Emerson Exchange Americas 2018

ioTium Chief Product Officer Dhawal Tyagi and Emerson Senior Reliability Consultant Solution Architect Tinh Phan to Speak on IIoT Connectivity and Reliability

SANTA CLARA, Calif.Sept. 27, 2018 /PRNewswire-PRWeb/ — ioTium, the first commercially deployed Software-Defined Converged Infrastructure company for the Industrial Internet of Things (IIoT), will be at Emerson Exchange Americas in San Antonio October 1-5, 2018Dhawal Tyagi, ioTium co-founder and chief product officer (CPO), will co-lead a workshop on “The Definitive Guide to Networking Security for IIoT for Plantweb Optics and AMS Device View” alongside Emerson senior reliability consultant solution architect Tinh Phan. In the session, Tyagi and Phan will cover how industrial organizations can securely connect the legacy brown-field world with the new cloud-enabled world, for preventative maintenance.

The invitation-only Emerson Exchange conference was developed to provide end users with a valuable exchange of information among process manufacturers, end-users and Emerson experts. All participants are nominated and carefully vetted by Emerson. The event features workshops and short courses, product roadmap presentations, technology roundtables, meet the expert sessions and technology exhibits. In addition, the program will include keynote speakers from Emerson.

WHO: ioTium’s Co-founder and CPO, Dhawal Tyagi, will be attending the event and co-leading the workshop alongside Emerson’s Tinh Phan and Juan Campos-Ramos, technical assistant IV at the University of Texas JJ Pickle Separation Facility. Tyagi will also be available at the ioTium booth in the Emerson Exchange Exhibit Hall.

WHAT: The joint ioTium and Emerson workshop, titled: “The Definitive Guide to Networking Security for IIoT for Plantweb Optics and AMS Device View,” will cover the use case of creating a data portal by transporting data from the industrial plant floor to business layer or into the Azure or Amazon Web Services Cloud. This workshop will address the security issues within the IoT network and allow participants to obtain a methodology that solves legacy, security and ease-of-deployment issues at their facilities.

WHEN:

  • Emerson Exchange will take place from Monday, October 1 to Friday, October 5, 2018.
  • The workshop will be held on Tuesday, October 2 from 9:00-9:45 a.m. CT and Wednesday, October 3from 1:30-2:15 p.m. CT.

WHERE: Emerson Exchange Americas 2018 is taking place at Henry B. Gonzalez Convention Center, located at 900 E. Market St, San Antonio, TX 78205.

ioTium Commands $13.6 Million in Series B Funding for Industry’s First Software-Defined Converged Infrastructure for IIoT

Investment Led by March Capital Partners and Supported by GE Ventures, Honeywell Ventures, JC2 Ventures and Juniper Ventures Validates Strength of ioTium Solutions Deployed in Industrial Fortune 500 Enterprises Worldwide

Santa Clara, Calif. – September 19, 2018 – ioTium today announced that it has closed $13.6 million in Series B financing. This new round of investment brings the company’s total funding to $22 million and validates the strength of the company’s Software-Defined Converged Infrastructure solutions for IIoT, a vision actualized within industrial Fortune 500 deployments worldwide. The funding was led by continued investment from March Capital Partners. Honeywell Ventures, John Chambers’ JC2 Ventures and Hanna Ventures joined existing ioTium investors GE Ventures and Juniper Ventures in the round. Capital will be used to accelerate ongoing technology leadership and to fuel rapid market expansion in the U.S. and abroad.

“Since our founding, ioTium has been focused on solving the deployment complexities faced by industrial enterprises undertaking digital transformation,” said Ron Victor, founder and CEO of ioTium. “Our vision for Software-Defined Converged Infrastructure solutions for IIoT is based on the learning that both flexibility and simplicity are equally important in approaching Industry 4.0. Organizations must combine elements of security, network, and edge computing in a multi-tenanted, scalable and open way to realize their deployment. Our customers and investors recognize that we are the only commercially deployed zero-touch solution to bring these elements together.”

ioTium’s vision for Software-Defined Converged Infrastructure for IIoT has been validated by Fortune 500 customers in multiple vertical markets. ioTium solutions have been deployed by major industrial enterprises in building automation, energy and manufacturing environments, uniquely positioning the Company as a trusted partner for a spectrum of digital transformation initiatives.

“Digital disruption is happening faster than ever before. ioTium is driving innovation with its easily deployable technology for industrial markets where reliability and security are mission-critical. CEO Ron Victor is shaping the next market transition with their Software-Defined Converged Infrastructure solutions designed for IIoT,” noted John Chambers, founder and CEO of JC2 Ventures. “As mentors of digital innovation, our mission at JC2 Ventures is to help disruptive startups from around the world scale and grow, which is why we’re excited to work with ioTium as the team enters the next stage of global expansion.”

“Ron and the ioTium team have a practical understanding of how IIoT can actually be deployed at scale within building automation, industrial and energy environments,” said Sumant Mandal, managing director, March Capital Partners. “We are proud to continue our partnership with ioTium as the organization continues to grow its technology suite, including their Software-Defined Converged Infrastructure vision for IIoT, and expand the reach of its product set into industrial organizations worldwide.”

Many companies tried to tackle the problem with IT-specific approaches, but with the launch of groundbreaking ioTium OT-Net Networking-as-a-Service (NaaS) last year, Victor foretold the death of the command line interface in IIoT. ioTium solutions are built on the understanding that mission critical environments must have a zero-touch solution that can easily scale to hundreds or thousands of sites in some of the world’s most hard-to-reach locations.

“GE Ventures is an active investor in the future of edge computing,” said Michael Dolbec, executive managing director at GE Ventures. “We believe in transformational technologies designed to solve industrial-scale problems. Our continued investment in ioTium comes from the knowledge that the Company can help streamline IIoT adoption in industrial environments because of their unique approach to Software-Defined Converged Infrastructure for IIoT.”

IoTium was recognized as a Cool Vendor in the April 2018 Gartner Cool Vendors in Edge Computing, 2018 report.

The Company has seen record growth in the last year, doubling headcount and growing the customer roster, such as Rexnord in manufacturing, Kilroy Realty Corporation in commercial real estate and other industrial Fortune 500 companies in the energy and oil and gas sectors.

“ioTium has been a true partner in the acceleration of our digital transformation initiative,” said Rick Morse, vice president of Digital Solutions for the Rexnord Process & Motion Control business. “Rexnord is constantly innovating to address diverse deployments and customer needs. The ioTium solution enables us to make a flexible solution implemented across a scalable platform critical.”

“We applaud the Company’s successes since emerging from the Fabric’s co-creation platform,” noted Rajan Raghavan, CEO, The Fabric. “The company has been delivering on its vision across Industrial Enterprises. The successful completion of the latest funding round which includes some leading industrial companies and investors is a further validation of the vision and execution by the ioTium team.”

As ioTium expands its international presence, the new funding will be used to open offices on the East Coast of the United States, Canada, Europe and Australia. The company will also increase headcount at its Chicago and Houston locations. Geographies are specifically targeted to maximize ioTium’s presence in heavily industrialized areas.

ioTium and Orange Silicon Valley to Present in a Case Study Session at Annual TC3 Summit

ioTium, the first secure network infrastructure company for the Industrial Internet of Things (IIoT), announced today that it will be presenting at the TC3 Summit 2017 in Mountain View, California, November 1-2, 2017. Ron Victor, ioTium Founder and CEO, will co-present with Christos Kolias, Principal Research Scientist and Head of the Netsquared Studio at Orange Silicon Valley in a case study session focusing on SDN challenges in IoT for telecoms.

The 10th Annual TC3 Summit is a two day event where companies who build communications networks come together to discover innovations and discuss technologies that will change the industry.

WHO: ioTium’s Ron Victor, Founder and CEO, will attend the event and speak in a case study session with Christos Kolias, Principal Research Scientist and Head of the Netsquared Studio at Orange Silicon Valley.

WHAT: Ron Victor, with co-presenter Christos Kolias, will share how attendees can obtain complete visibility of their IoT network, securely connect, deploy and manage any application to the edge from the cloud at-scale in the session, “Addressing Software Defined Networking Challenges in IoT for Telecoms.”

WHEN:

  •     TC3 Summit 2017 will take place from Wednesday, November 1st to Thursday, November 2, 2017.
  •     Ron’s session will be held on Thursday, November 2nd at 2:50 p.m. PT.

WHERE: The TC3 Summit will be held at the Computer History Museum, located at 1401 N. Shoreline Blvd, Mountain View, California 94043.

Media or analysts interested in one-on-one meetings with Ron Victor at the event should contact Katherine Hyman at (408) 200-3771 or KatherineHyman(at)mcgrathpower(dot)com.

About ioTium, Inc.
ioTium is the first secure network infrastructure company for the Industrial Internet of Things (IIoT). Headquartered in Silicon Valley and backed by GE Ventures, March Capital, The Fabric and Juniper Networks, IoTium was founded with the understanding that secure connections matter. The company’s patented technology enables a Network as a Service (NaaS) solution to securely connect legacy onsite systems to cloud-based applications, allowing building and industrial automation, oil & gas, manufacturing, transportation, and smart city industries to realize the promise of Industry 4.0. For more information, visit: http://www.iotium.io.

ioTium Contacts:
Kim Truong
ioTium
(408) 219-1315
Kim.Truong(at)iotium.io

Katherine Hyman
McGrath/Power
(408) 200-3771
KatherineHyman(at)mcgrathpower.com