Kennametal and System Insights Partner to Deliver NOVO Optimize – Powered by VIMANA
Berkeley, CA -- (SBWIRE) -- 09/08/2014 -- This morning at the opening of IMTS 2014, System Insights announced they have entered into a partner agreement with Kennametal. Under the agreement, VIMANA-based tooling and machine optimization software technology will be marketed through the Kennametal sales channel under the NOVO™ Optimize brand.
“Kennametal has successfully partnered with SI over the last few years to co-create “NOVO Optimize which is the newest manufacturing intelligence application in the NOVOsphere™,” noted Colin Tilzey, Director of Kennametal’s Innovation Ventures Group. “It collects real-time data on how cutting tools and machines are performing and also provides analysis of where process efficiencies or capacity improvements are available. Under this initiative, VIMANA becomes a key enabling technology for our NOVO Optimize platform and solidifies our relationship with System Insights,” commented Tilzey.
The machine optimization capabilities incorporated into NOVO Optimize were originally developed by System Insights and have been on the market for several years under the VIMANA Core brand. The tool optimization capabilities, jointly developed with Kennametal, are now also available to System Insights clients as an add-on module called VIMANA Tooling.
Rick Moran, President and COO of System Insights, noted “The partnership with Kennametal is major strategic win for the company. By working with the premier enterprise in cutting tool technology, we are able to leverage domain expertise for best of breed software and expand our market into a client base that number in the tens of thousands.”
Both NOVO Optimize and VIMANA will be on display during IMTS 2014 in Chicago, September 8th- 13th at the System Insights (E-4736) and Kennametal (W-1522) booths.
VIMANA software monitors and manages machine and tool productivity
The VIMANA platform is the only software product that combines a comprehensive real-time data solution, based on the MTConnect data standard, with multi-dimensional, complex reasoning and machine learning technologies to deliver predictive manufacturing solutions for both machining-based discrete and process manufacturing industries.
VIMANA Core identifies periods of production losses using a sophisticated classification engine, and provides users with the information and insight needed to improve utilization. VIMANA includes real-time dashboards as well as historical reports and analysis; it integrates with a wide range of modern and legacy factory equipment using the MTConnect open standard for machine tool data interoperability.
VIMANA Tooling measures actual process parameters and cycle times for cutting tools, tracks tool life and usage patterns and helps reduce discrepancies in actual tool usage relative to plan. Analytics are also provided to identify and recommend tool selection and process parameters.
About System Insights
System Insights (SI), (http://www.systeminsights.com) based in Berkeley, California, with offices in Chennai, India, is a leading global supplier of manufacturing software in both machining-based, discrete and process industries. Through the innovative combination of a comprehensive real-time data solution and multidimensional, complex reasoning technology, the SI flagship product - VIMANA - delivers predictive analytics solutions to improve client’s efficiency, productivity, and profitability. VIMANA capabilities also enable customers to realize sustainable manufacturing objectives. The VIMANA software platform delivers a unique combination of Cloud Computing and Big Data capabilities that sets out to revolutionize the economics of manufacturing.
Follow System Insights on Twitter @systeminsights
About Kennametal Inc.
Celebrating its 75th year as an industrial technology leader, Kennametal Inc. delivers productivity to customers seeking peak performance in demanding environments. The company provides innovative wear-resistant products and application engineering backed by advanced material science, serving customers in 60 countries across diverse sectors; with approximately 14,000 employees and nearly $3 billion in sales, the company realizes half of its revenue from outside North America, and 40% globally from innovations introduced in the past five years.
President & COO