QiO's coolness is a factor of blending IoT analytics, edge computing and a broad view of increasing transparency to model operational performance.
Farnborough, U.K. (PRWEB) May 19, 2017
QiO, a fast-growing global Industry 4.0 software company, today announced that it has been recognized in Gartner’s 2017 Cool Vendors in Manufacturing Operations report.
The report, written by Gartner’s VP of Research Simon Jacobson, profiled several vendors who are providing digital factory solutions. According to the report, “Supply chain leaders responsible for manufacturing operations seek profound innovation in how technology enables new approaches to digitalizing and automating processes within factories and across the manufacturing network.”
QiO was one of only three vendors Gartner identified “that combine advanced analytics, IoT and cloud computing. The combined offerings provide innovative and user-friendly approaches to improving process capabilities and making faster and better informed decisions/trade-offs across a decentralized set of stakeholders.”
According to the report, Gartner has found that “new applications, designed for non-IT savvy users to create their own applications, maintain content and data models, and apply various analytical techniques are emerging and will eventually challenge traditional approaches to manufacturing software.”
Gartner acknowledges QiO for its NAUTILIAN™ Platform and PARCS™ artificial intelligence algorithm. NAUTILIAN is a cloud-native Platform as a Service (PaaS) built specifically for asset-intensive environments. PARCS is analogous to a dynamic ‘FICO- score’ that provides a composite condition metric for industrial assets, such as plant machinery, based on the Performance, Availability, Capacity, Reliability and Serviceability of the asset. Supply chain leaders who wish to move beyond static efficiency metrics can now model, predict, and simulate operational outcomes with PARCS.
“We feel honored to be acknowledged by Gartner as a cool vendor in manufacturing operations,” said Baz Khuti, Co-Founder and CEO for QiO.
QiO’s clients include some of the world’s most respected and accomplished engineering firms including Rolls-Royce and Lloyd’s Register.
“We believe Gartner’s recognition of QiO and the success our clients are having with our solutions validates the strategic direction to give engineers the power to build their own Industry 4.0 applications and, thereby, deliver dramatically better business outcomes very rapidly,” said Mr. Khuti.
QiO is a fast-growing global Industry 4.0 software company that enables industrials and manufacturers to quickly improve operational efficiency, productivity, and safety. We deliver solutions that helps industrial engineers simulate, predict, collaborate, and optimize business processes to drive better outcomes. QiO was founded in 2015 and has quickly attracted a marquee roster of clients in the Aerospace, Marine, Oil and Gas, and Manufacturing markets. Headquartered in the U.K., QiO is growing quickly and has operations in Germany, the United States, Canada, Singapore and India.
For more information on QiO, please visit our website qio.io
About Gartner Cool Vendor
The Gartner Cool Vendor Logo is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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