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.

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 Announces Industry’s First Kubernetes-Based Edge-Cloud Infrastructure for IIoT

New ioTium OT-Edge Bridges Edge and Cloud Computing by Moving Applications to Data; Allows Mission Critical Data to Reside On-Premise in Industrial and Manufacturing Environments

Santa Clara, Calif. April 4, 2018 – ioTium, the first commercially deployed secure Edge-Cloud infrastructure company for the Industrial Internet of Things (IIoT), today announced the availability of ioTium OT-Edge. With deployments in Fortune 500 organizations, ioTium OT-Edge is the first edge-cloud infrastructure solution built on remotely managed Kubernetes; the popular and widely adopted open source system for automating deployment, scaling and management of containerized applications. The unique offering is designed for brownfield industrial and manufacturing environments to embrace the benefits of Industry 4.0.

ioTium OT-Edge enables mission-critical data to reside on-premise when data must be kept locally to address compliance, security, latency or other practical concerns. With ioTium OT-Edge, applications are moved – not the data. With a single click from ioTium’s cloud-based industrial app store, applications can now be deployed at scale, across the edge. This enables a substantial reduction in OPEX costs associated with costly local management and manual upgrades at the edge.

“Our innovative Network-as-a-Service (OT-Net) solution made its mark on industrial organizations across multiple vertical markets with its ability to simplify all deployment complexity related to securely and rapidly moving data from brownfield industrial assets to the cloud,” said Ron Victor, founder, and CEO of ioTium. “With real industrial deployments in multiple verticals, we’ve gained unique understanding of the problems on the factory floor and have recognized scenarios where data simply can’t be moved without significant cost or risk. This is how our ioTium OT-Edge solution was born.”

Industrial environments are unique in both the type and volume of data generated. In some instances, movement of data to the cloud, while beneficial for industrial operations, would violate international guidelines for data privacy and security. In others, the sheer volume of data and the bandwidth it would consume makes movement too expensive. And in most cases, latency matters. Mission critical industrial environments often need immediate responses at physical asset points that would be slowed by access to the cloud. The idea of moving applications to the data itself has always been appealing to industrial organizations, however, has proven to be too costly and time consuming to implement – until now.

ioTium OT-Edge is designed to quickly and cost-effectively move applications to where industrial data resides. The solution eliminates the need for IT resources onsite, allowing operations to be conducted remotely while software continues to run at the edge next to the machine. Its biggest value is its ability to eliminate deployment complexity and reduce the significant overhead of additional networking and IT staff needed for onsite application deployment and continued maintenance.

“Kubernetes has been widely adopted because it solves the problem of deployment and management of applications but is not remotely manageable on its own across the WAN. We have created the ability to manage application pods remotely for IIoT at scale,” noted ioTium CTO Sri Rajagopal. “With our OT-Edge offering, we’re taking Kubernetes to the shop floor, making it truly applicable to the unique needs of the IIoT and helping organizations to escape the confines of vendor lock-in.”

ioTium OT-Edge is unique because it decouples application development from large-scale deployment. Instead of forcing proprietary Software Development Kits (SDKs), agents and tools, OT-Edge leverages microservices based on Dockerized applications: lightweight, stand-alone, executable packages of software that include everything needed to run from code to settings. Organizations are able to design each service the way they want it without being forced to work within the confines of one vendor’s proprietary SDK.

Rexnord Selects ioTium Edge-Cloud Infrastructure

ioTium’s Secure Edge-Cloud Infrastructure to Power IIoT Deployment Within Rexnord’s Process & Motion Control Business

Santa Clara, Calif. March 28, 2018 – ioTium, the first commercially deployed secure Edge-Cloud infrastructure company for the Industrial Internet of Things (IIoT), today announced that it has been selected by Rexnord’s Process & Motion Control (PMC) business as an IIoT technology provider. Rexnord plans to deploy the ioTium Edge-Cloud Infrastructure-as-a-Service solution. The ioTium secure Edge-Cloud Infrastructure powers rapid, scalable deployment of IIoT by securely connecting legacy mission-critical machinery to the cloud and enabling immediate, scalable deployment of Edge computing applications. This provides rapid access to data analysis and insights, coupled with the benefits of remote asset management for preventive maintenance and predictive analysis.

“We have a 125-year history of innovation, providing highly engineered, mission-critical solutions to customers around the world,” said Rick Morse, Vice President of Digital Solutions for the Rexnord’s Process & Motion Control business. “The diverse deployments of our offering and critical nature of our products made it imperative for us to find a flexible deployment and maintenance solution that could be implemented across a scalable platform and include future offerings.”

“Rexnord is constantly innovating – from its DiRXN digital productivity platform to its latest connected gear drives. We’re proud to work with Rexnord to advance their industry first-mover advantage,” said Ron Victor, Founder and CEO of ioTium.

ioTium solves the fundamental industrial connectivity problem of brownfield environments embracing the promise of IIoT, helping them to achieve secure, remote connectivity, as well as the ability to deploy Edge computing at scale without vendor lock-in. ioTium’s patented one-click technology enables organizations to securely deploy and manage a wide range of services for diverse industrial environments.

“ioTium gives us the ability to securely manage a growing global installed base of networked devices while ensuring our customers’ information security in a constantly changing environment. This adds to our overall digital productivity platform that minimizes our customers’ unplanned downtime and helps avoid high-cost repairs,” continued Rick Morse. “Ultimately, ioTium is an important piece of our expanding connected-product offering and allows us to focus on delivering best-in-class, integrated solutions to our customers.”

About Rexnord

The Rexnord PMC platform designs, manufactures, markets and services specified, highly engineered mechanical components used worldwide within complex systems where customer reliability requirements and the cost of failure or downtime are extremely high. Rexnord PMC keeps industry moving with products and services that enhance the reliability of equipment supporting key industries, including food, beverage & liquid, automotive, energy, and mining. Rexnord PMC’s new digital productivity platform, DiRXN (pronounced “Direction”), based on the integration of innovative IIoT and e-commerce technologies with a leading portfolio of tools, products, and services, connects Rexnord customers to data and information that allows them to optimize productivity across all stages of their lifecycles. 

About ioTium, Inc.

ioTium is the first commercially deployed secure Edge-Cloud infrastructure company for the IIoT. Headquartered in Silicon Valley and funded by GE Ventures, March Capital, Juniper Ventures and the Fabric, ioTium is the company of choice for Fortune 500 organizations looking to enable secure, scalable IIoT deployment today. ioTium bridges the legacy brown-field world with the new cloud-enabled world. The company’s Edge-Cloud offerings have been deployed in dozens of leading organizations in the building automation, oil and gas, power and utilities, manufacturing, and healthcare verticals as well as in smart cities. ioTium solutions include the groundbreaking ioTium OTNet solution; the ioTium OTAccess; and the ioTium OTEdge solution. The company’s solutions ensure that any machine, using any protocol, can be instantly, seamlessly and securely connected to any application residing in any cloud or data center through any network infrastructure and operator while minimizing deployment complexity issues and network security risks. For more information, visit: http://www.iotium.io.

ioTium Announces Distribution Partnership with The Panel Shoppe to Offer Secure Remote Management Solutions to Building Automation Systems

This partnership further expands its leadership position within the building automation industry

Santa Clara, Calif. – November 29, 2017 – ioTium, the first secure network infrastructure company for the Industrial Internet of Things (IIoT), is furthering its growth within the building automation space with the announcement of its new distribution partnership with The Panel Shoppe, a supplier of UL-rated smart building control panels, parts & smarts and professional services, headquartered in Southeast Michigan.  The distribution agreement allows The Panel Shoppe to offer a flexible and secure solution for clients looking to remotely connect legacy building automation systems to cloud-based applications like SkyFoundry’s SkySpark software.

The partnership with ioTium will enable The Panel Shoppe’s customers to securely capture and transport their building data for full read/write control, leveraging new analytics, machine learning, and predictive analytics applications at scale to realize the promise of smart connected buildings.

“The Panel Shoppe has had great success in offering customers the tools needed to properly complete smart building projects,” said Jason Houck, The Panel Shoppe’s Chief Information Officer. “To that end, ioTium is the ideal addition to our product line, as their solution offers a great advancement in solving deployment complexities and cybersecurity concerns, which are two of the largest issues in the building automation industry today. We’re excited to be working with ioTium to provide a more secure solution for customers to connect and protect their BAS.”

“The alliance with The Panel Shoppe will continue our leadership in the building automation market,” said Ron Victor, founder and CEO of ioTium. “As more traditional buildings are being converted to smart buildings, the deployment complexities and security issues will be top barriers that need to be overcome. ioTium is excited to be working with The Panel Shoppe to address these complexities and provide a more flexible, simple solution to their customers.”

Since the beginning of the year, ioTium has added a slew of new distributors in the building automation space continuing its leadership within the industry. With ioTium’s offering, The Panel Shoppe customers will be able to securely connect their legacy onsite building automation systems to multiple applications that reside in public, private and hybrid clouds; all without ever needing a truck-roll, absolutely no username and passwords, and no changes to an existing Enterprise IT firewall and proxy policies.

The ioTium Network-as-a-Service solution is immediately available to The Panel Shoppe’s customers and partners, as well as other interested integrators or property owners/managers in North America.

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.

 

About The Panel Shoppe

The Panel Shoppe supplies proven solutions to contractors implementing intelligent building projects of all scopes, sizes, and locations. From custom, UL-rated control panels, programming, and professional services to 3D graphic design, The Panel Shoppe is a trusted partner of integrators, installers, and owners throughout North America. To learn more about how The Panel Shoppe makes smart buildings simple, visit http://www.thepanelshoppe.com/.

ioTium Contacts:

Kim Truong
ioTium
(408) 219-1315
Kim.Truong@iotium.io

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

The Panel Shoppe Contact:

Mike Reed
The Panel Shoppe
(810) 300-0139
m.reed@thepanelshoppe.com