• Florida East Coast installs wireless monitoring systems on locomotives (9/1/2006)

4/27/2018

Splunk: Industrial Asset Intelligence system

Splunk Inc. has announced the limited availability of Splunk Industrial Asset Intelligence (IAI), the company's first Internet of Things (IoT) solution.

Splunk® IAI is designed to help organizations organizations in manufacturing, oil and gas, transportation, energy and utilities monitor and analyze industrial IoT data in real time. The product creates a simple view of complex industrial systems and helps minimize asset downtime, company officials said in a press release.

Around the world, manufacturers are "increasingly looking to their IoT data to better monitor and diagnose operational issues and predict maintenance needs," Splunk officials said. By 2025, more than a quarter of data created in the global datasphere will be real time in nature; of that data, real-time IoT data will make up more than 95 percent, according to the company.
 
Splunk IAI offers a packaged set of capabilities that helps customers pivot their operational strategy from reactive to proactive. 
 
"Real-time analytics is an absolute must for manufacturers today, but organizations are struggling to bridge the gap between legacy systems, industrial assets and sensor data," said Ammar Maraqa, senior vice president, business operations and strategy and general manager of IoT markets at Splunk. "Splunk IAI provides a single solution that helps ensure industrial systems are running at full capacity, enabling organizations to significantly save resources and money on unplanned downtime."
 
Built on top of Splunk® Enterprise, Splunk IAI enables the capture and correlation of data from Industrial Control Systems (ICS), sensors, SCADA systems and applications. This makes it easier to monitor and diagnose equipment and operational issues in real time, according to the company. This data-driven approach to industrial operations enables customers to respond to issues faster without affecting production.
 
A limited availability release of Splunk IAI was introduced April 23 at Hannover Messe industrial conference, with general availability for all Splunk customers this fall. To sign up for the limited availability release of Splunk Industrial Asset Intelligence, visit the Splunk website.