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LumenData Delivers Real-time Predictive Analytics through IoT

In 2013, LumenData found itself in need of adding new real-time predictive analytics capabilities to its suite of services. To meet this need, LumenData acquired a state-of-the-art streaming data, capture and real-time predictive analytics company. This solved the pure predictive analytics end, but left LumenData with a need to be able to build IoT-targeted services.

From an IoT perspective, LumenData was still missing the means to create suitable applications and dashboards that would make it easy for its customers to effortlessly make sense of whatever predictive analysis they might require.

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  • SUPPLIER
  • ThingWorx (PTC)
    The ThingWorx IoT Technology Platform. One Platform. Limitless Possibilities. ThingWorx is the only enterprise-ready technology platform that enables innovators to rapidly develop and deploy smart, connected solutions for the Internet of Things. Build Fast Connectivity and development tools made for IoT enable developers to quickly create, test and deploy solutions faster than ever thought possible. Build Smart Integrated capabilities of the platform enable developers to create more feature-rich solutions in a fraction of the time of other platforms. Build for Enterprises Developers quickly and easily create IoT solutions that are scalable, secure, and meet the needs of the largest of enterprises.
  • TECHNOLOGIES
  • Platform as a Service (PaaS) - Data Management Platforms
  • ABOUT CUSTOMER
  • LumenData is a company that provides enterprises with advanced Master Data Management (MDM) services, products, and professional services.
  • CUSTOMER NAME
  • LumenData
  • CONNECTIVITY PROTOCOLS
  • SOLUTION
  • LumenData clearly understood that building such capabilities in-house would be prohibitively expensive and time-consuming. It was at this point that the company began to explore opportunities for IoT partnerships, and began a conversation with ThingWorx.

    As a result of these conversations, the two companies are now working together to develop a strong integration between the ThingWorx platform and its front end modeling capabilities, and LumenData's real-time predictive analytics capabilities. ThingWorx will handle a large number of field-based tasks for LumenData. The ThingWorx development platform, in turn, allows LumenData to easily craft whatever applications, dashboards and mashups a customer may require.

    To get a free demo of ThingWorx 8: http://solutions.iotone.com/thingworx
  • DATA COLLECTED
  • OPERATIONAL IMPACT
  • Impact #1
    [Data Management - Data Integration]
    Ease of integration with ThingWorx.
    Impact #2
    [Data Management - Real Time Data]
    LumenData can easily provide an IoT-based interface to its predictive analytics platform.
    Impact #3
  • QUANTITATIVE BENEFIT
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