Now, a startup wants to predict the health of a machine and provide early warnings about potential problems. "Everything from the food we eat to the electricity that lights our homes is powered by factories," says Abhinav Khushraj, co-founder of Petasense, an industrial IoT startup. This is how he breaks it down:"The general upkeep of machines—be it motors, pumps or compressors—is critical when running a factory. This system consists of wireless vibration sensors, cloud software and machine-learning analytics.Interestingly, investors of the fitness wearable have backed Petasense as well. The core value of Petasense Cloud comes from machine-learning analytics, which provide meaningful insights about machine conditions based on the data collected.

Source: Economic Times August 11, 2017 08:15 UTC