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Human-centric, data-to-decision analytics for the Industrial Internet of Things (IIoT)

As companies engage in the implementation of analytics and data science applications, many challenges lie ahead. According to the Harvard Business Review, many data science applications fail due to poor goal definition, a lack of understanding of the key data, or a lack of focus on business value. We believe the best route to data analytics and particularly analytics for the Industrial Internet of Things, must have several key elements.
Romain Wurtz
June 11, 2018
News

The winds of digital change in generation

The terms Big Data, Data Analytics, Artificial Intelligence (AI), and Machine Learning (ML) are being used increasingly in articles and publications about energy - but what is the real intrinsic value customers are trying to achieve, and what are some of the specific types of analytics that can have a real impact on generating assets?
Alec Miller
June 1, 2018
News

Smarter Wind Turbines Try to Squeeze More Power on Each Rotation

Makers of giant wind turbines are hoping that artificial intelligence can bring back some of the industry’s mojo. While developers have spent $1.1 trillion on new wind farms over the past dozen years -- helping transform the global energy landscape with renewable power -- more money is going into new solar systems these days. Also, governments are phasing out subsidies, including programs in the U.S. that have offered $22 billion in tax breaks to turbine projects in the past 15 years.
Bloomberg
May 9, 2018
News

Renewable energy digitalisation to reduce O&M costs

Digitally enhanced services for wind power could reduce operations and maintenance (O&M) costs as well as the levelised cost of energy (LCOE), consultancy Totaro & Associates believes. Prices could rise as digital services become more beneficial to renewable energy assets, the consultants state in the Renewable Energy Digitalization Innovation report.
Wind Power Monthly
May 8, 2018
News

Invenergy wind engineers build analytics in-house to gain speed edge

Invenergy is deploying analytics software by NarrativeWave which empowers wind operations engineers to build new models and can cut development times by up to 90%, company directors told New Energy Update.
New Energy Update
April 11, 2018
News

How the renewable energy industry can leverage real-time analytics to improve asset performance and outcomes

While renewable energy companies have developed advanced applications to improve diagnosing anomalies on wind turbines, for example, most are still taking a “trip first, analyse later” approach, writes Benjamin Decio, CEO of analytics firm NarrativeWave.
Metering & Smart Energy International
April 10, 2018
News

NarrativeWave and Invenergy Announce Three-Year Agreement

Invenergy, North America’s largest independent, privately-held renewable energy company, and NarrativeWave, an Irvine-based Internet of Things software company, announced a three-year agreement. Invenergy will use NarrativeWave’s software to optimize its fleet of wind turbines and other renewable energy assets.
Invenergy
February 21, 2018
News

The Latest Must-Have Service Tool for the Industrial IoT? Natural Language Generation Software.

"For 21st-century field service, the Industrial Internet of Things (IIoT) is a gift that keeps on giving—and what it’s giving in droves is data, massive amounts of it. As even more industrial companies connect their physical assets to the internet, they’re finding that they need effective tools to harness the reams of data flowing from the IIoT. Natural language generation (NLG) technology, an application of artificial intelligence, is becoming an invaluable tool to help industrial companies get the most value from their operational data."
SERVICEMAX.COM
October 4, 2017
News

UPDATE - OCTANe Announces Finalists for the 2017 High Tech Innovation Awards

"OCTANe, Orange County's technology and life sciences accelerator organization today, announced the finalists for the 2017 High Tech Innovation Awards. The awards program, which is entering its twenty-fourth year, is honoring Orange County-based companies who have demonstrated exceptional leadership while developing new technological advancements in their respective industries."
MARKETWIRED.COM
September 20, 2017
Blog

Wind Power & Renewable Energy: Benefits and Methods to Implementing Near Real-Time Analytics & Automation

While wind turbine manufacturers and wind farm operators have developed suites of advanced applications to help diagnose operating anomalies on wind turbines, many are still taking a “trip first, analyze later” approach. This approach made sense when the application of near real-time analytics was not cost effective. However today, near real-time analytics can be applied seamlessly within the operational workflow of existing monitoring operations, resulting in several key benefits. First, real-time analytics enable operators to avoid tripping turbines needlessly and reset tripped turbines faster, resulting in more power output due to higher availability.
Johnny Dobbins
August 31, 2017
News

How Small Businesses Can Use Artificial Intelligence to Outrun the Competition

"When you hear artificial intelligence (AI), you may think of things like "The Terminator," top research universities or huge tech companies like Google, Amazon and Microsoft. For small businesses, the topic may seem too complicated and or too expensive to deal with, and the natural reaction may be to ignore it and go back to work."
BUSINESS.COM
August 3, 2017
Blog

How Aviation Can Use Automated Analytics to Reduce Costs, Boost Productivity, and Increase Diagnostic Accuracy

As airlines, engine manufacturers, OEMs, and aircraft operators engage in the implementation of advanced analytics and data analysis, many challenges lie ahead. According to the Harvard Business Review, many data science applications fail due to poor goal definition, a lack of understanding of the key data relationships, or a lack of focus on business value.
Elizabeth Lansdale
June 27, 2017
Blog

China PT 1: China-America Collaboration on Big Data

NarrativeWave was fortunate to be invited to participate and present this week at the Big Data Expo in Guiyang, China on China-American Collaboration, NarrativeWave & China, and the advent of Human + Machines. All 3 presentations will be given by our CEO, Benjamin Decio.
Benjamin Decio
May 25, 2017
Blog

Human-Centric Data-to-Decision Analytics for the Industrial IoT (IIoT)

As companies engage in the implementation of analytics and data science applications, many challenges lie ahead. According to the Harvard Business Review, many data science applications fail due to poor goal definition, a lack of understanding of the key data, or a lack of focus on business value.
Romain Wurtz
April 28, 2017
Blog

NarrativeWave Adds Six New Advisory Board Members

 NarrativeWave, the creator of the first situational intelligence platform for the Industrial Internet, announces the formation of its Advisory Board to provide strategic guidance and solution strategy.
Elizabeth Lansdale
March 31, 2017
Blog

The Value of Detection for IoT Platforms & Manufacturers

Today, there are 28 billion devices connected to the internet and each device sends multiple data points per second. Not only is the amount of data being collected from these devices rapidly increasing, there is expected to be 50 billion connected devices by 2020. (Business Insider, July 2016) Processing billions of data points daily has already become a technological challenge for many enterprises and manufacturers. Imagine what processing data will be like by 2020?
Johnny Dobbins
March 16, 2017
Blog

NarrativeWave Proves Multi-Million Dollar Savings Per Year for Industrial Manufacturers

 Today, large industrial assets, such as airplane engines and gas turbines, generate data through sensors. In fact, there are around 6 billion connected sensors in the world today and by 2020, more than 20 billion sensors will be connected worldwide.
Elizabeth Lansdale
February 23, 2017
News

NarrativeWave Proves Multi-Million Dollar Savings Per Year for Industrial Manufacturers

"NarrativeWave is the first situational intelligence platform for the industrial internet. The platform ingests large volumes of data, communicates what is relevant, and for the first time, provides immediate actionable business decisions on large industrial equipment."
PRNEWSWIRE.COM
February 23, 2017
Blog

How Natural Language Generation Impacts Business Intelligence for Manufacturers

Language is the ultimate user interface. Think about it: we are hardwired to communicate ideas and emotions via language. Even with the ubiquity of technology, interacting with machines using human language was a dream until around twenty years ago.
Romain Wurtz
February 1, 2017
News

NarrativeWave Appoints Michael Allman, William Banks Jr., and Louis Lauch, as Board of Directors

"NarrativeWave, the creator of the first situational intelligence platform for the Industrial Internet, is pleased to announce that Michael Allman, William (Billy) Banks, Jr., and Louis Lauch have joined the company's Board of Directors. Michael Allman is a veteran CEO and Board Member, with extensive experience in growing, restructuring, and optimizing businesses large and small, from Fortune 300 corporations to start-up technology companies."
PRNEWSWIRE.COM
November 21, 2016
Blog

NarrativeWave Appoints Michael Allman, William Banks Jr., and Louis Lauch, as Board of Directors

NarrativeWave, the creator of the first situational intelligence platform for the Industrial Internet, is pleased to announce that Michael Allman, William (Billy) Banks, Jr., and Louis Lauch have joined the company’s Board of Directors.
Elizabeth Lansdale
November 21, 2016
News

Industrial Internet Of Things & The Value Of Big Data To Industrial Manufacturers

"There are 350,000 tweets posted per minute. This translates to 80 Gigabytes of data generated by Twitter each day. While this might seem impressive and significant, the amount of data generated by one single airline engine on just one flight, dwarfs this figure. During a commercial flight, sensor data such as the engine’s health and status is constantly sent to diagnostic engineers to be closely analyzed. This equates to approximately 500 Gigabytes of data per engine, per flight. When you realize there are over 100,000 flights per day, that’s over 100,000,000 Gigabytes of data generated by commercial flights each day!"
IOTONE.COM
November 9, 2016
Blog

NarrativeWave Announces Formation of Advisory Board

NarrativeWave, the creator of the first situational intelligence platform for the Industrial Internet, announces the formation of its Advisory Board to provide strategic guidance and solution strategy. The members include Steve Seoane, John Vigouroux, James Powers, Suzie Clark, and Miles Pondelik.
Elizabeth Lansdale
November 3, 2016
News

NarrativeWave Announces Formation of Advisory Board

"NarrativeWave, the creator of the first situational intelligence platform for the Industrial Internet, announces the formation of its Advisory Board to provide strategic guidance and solution strategy. The members include Steve Seoane, John Vigouroux, James Powers, Suzie Clark, and Miles Pondelik."
PRNEWSWIRE.COM
November 3, 2016
News

OCTANe's Technology Investor Forum Showcases Orange County's Emerging Tech Startup Companies

"At OCTANe's Technology Investor Forum (TIF), the organization's LaunchPad™ SBDC program showcased six promising tech startup companies that are looking to change the tech landscape within their respective areas. The two-day forum, attended by a record 700 people last week at the Hotel Irvine, brought tech-focused entrepreneurs and investors together to discuss key topics facing the tech industry in Orange County and worldwide."
MARKETWIRED.COM
May 26, 2016