From Industrial to Intelligent: Platform of Things Provider Synapse Wireless to Showcase Predictive Maintenance Solution at LiveWorx 2016

June 6, 2016

From Industrial to Intelligent: Platform of Things Provider Synapse Wireless to Showcase Predictive Maintenance Solution at LiveWorx 2016

Boston, MA: Leading IoT solutions providers will demonstrate a wide range of applications during this year’s PTC ThingWorx’s “LiveWorx 2016” event, to be held June 6 to 9 in Boston. Among these will be Huntsville, Alabama-based Synapse Wireless, who has teamed up with leading creative digital consultancy and IoT service provider Deloitte Digital. The team will demonstrate how to implement predictive maintenance alerts and actions in industrial machinery and equipment through the wireless-monitoring and control solution SNAP^®, the Platform for Things^® developed by Synapse. The application, demonstrated on a bench grinder, automatically aggregates and organizes machine-performance data in real time, providing a transparent view of system operations, including temperature, vibration and power consumption. The solution can allow businesses to predict major machine failures and outages and minimize the loss of production time associated with maintenance repairs, especially when applied to large-scale scenarios. This insight can extend the life of machines, increase plant safety, and optimize spare-parts handling.

SNAP is fueled by data aggregation and machine-learning analytics developed by Deloitte Digital and powered by the IoT platform ThingWorx™. This collaborative approach to preventative maintenance detects common patterns associated with risks of problems or failure. The solution enables proactive preventative measures presented to the user on an interactive dashboard. A field-service software platform, such as ServiceMax, can automatically generate alerts to enable real-time service requests and trigger automated actions, such as a remote shutdown, via a wireless network.

SNAP is the ideal software architecture for industrial applications, with their often challenging and cumbersome environments. SNAP’s low-power, scalable communications platform makes it easy to integrate network management across a wide range of devices and allows for quick over-the-air updates so applications can be future-proofed and scripts adjusted when needed. SNAP has been deployed in thousands of applications and has become the go-to “sense-and-respond network” for industrial environments, providing true edge-data aggregation from the device to the cloud.

“This solution is a mere glimpse of what’s possible when you implement intelligent sensor technology alongside an analytics platform in the manufacturing or industrial space,” said Andy Daecher, principal, Deloitte Consulting LLP and Deloitte Digital’s IoT practice leader. “Our customers are seeking new ways to improve common operational functions that have proved either costly or harmful to their lines of business. These new IoT technologies enable users to monitor everything from fluid levels, voltage, currency and pressure, to energy consumption, occupancy and movement. This added insight opens up a broad range of opportunities in manufacturing, including new revenue sources.”

In addition to demonstrating the collaborative solution at LiveWorx 2016, Deloitte Digital is a Diamond Sponsor and Synapse a Bronze Sponsor of the event. To learn more about LiveWorx 2016, visit www.liveworx.com

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About Synapse Wireless

Synapse is an Internet of Things (IoT) company specializing in providing software, hardware, and networking solutions to develop, deploy, and manage the "Things" in IoT. Synapse enables corporations, product companies, and business partners to make their products smarter and to manage products wirelessly. By connecting the physical world of Things to the digital world of IoT through use of their embedded application platform called SNAP, customers can monitor, control, optimize, and manage their products in ways and places never before possible. Synapse was founded in 2008 and is a subsidiary of McWane, Inc., one of America's largest privately owned companies. For more information, please visit Synapsewireless.com or follow us on Twitter @Synapsewireless

About Deloitte Digital

Deloitte Digital is creating a new model for a new age — a creative digital consultancy. That means bringing together all the creative and technology capabilities, business acumen, and industry insight needed to help transform our clients’ businesses with digital. With Deloitte Digital’s end-to-end capabilities, clients bring us their greatest ambitions knowing we’ve got what it takes to help achieve them. Let us show you how. Visit www.deloittedigital.com or follow us on Twitter @DeloitteDigi_US or @DeloitteDigital.

As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

About ThingWorx, a PTC Business

PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). The company’s next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company’s field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC’s award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.

About ServiceMax

ServiceMax leads the massive global industry of field service management software -- an $18 billion market worldwide. The company continues to reimagine and create solutions for the 20 million people globally who install, maintain, and repair machines across dozens of industries as the leading provider of complete end-to end mobile and cloud-based technology for the sector. ServiceMax goes to every length -- from joining technicians on service calls to publishing the industry's leading online publication -- to help customers discover untapped innovation, unleash new revenue streams, drive efficiency, and most importantly delight their end-customer. To learn more, please visit www.servicemax.com.