Blackstone and Bit Stew partner on Industrial Internet of Things

The IDC forecasts that there will be approximately 28 billion industrial internet devices in use by 2020
IDC forecasts that there will be approximately 28 billion industrial internet devices in use by 2020

Global industrial internet company Bit Stew has partnered with software and technology business consulting firm Blackstone to help utilities improve operational efficiency by leveraging big data and converting it into actionable intelligence.

Through the partnership, Blackstone becomes a certified delivery partner with Bit Stew Systems to drive its MIx Core platform and MIx Director application for the utility and oil & gas industries.

Bit Stew’s MIx Core platform automates incoming data and learns patterns in the data, which allows operators to detect anomalies through analytics.

MIx Director complements the MIx Core platform and is an application through which industrial companies can provide their operators with insight into their operations, assets and customers.

John Keast, executive director of Blackstone Energy, said: “[Partnering with Bit Stew] will help our customers drive value from the Industrial Internet of Things (IIoT), and as a result, realise business, operational and financial benefits.”

Mike Allman, president and COO of Bit Stew Systems, added: “[We are] committed to transforming how industrial businesses extract value from the immense network of connected devices that extend to the edge of the enterprise.”

Test-bed for Industrial Internet

Earlier this year,  global non-profit partnership the Industrial Internet Consortium has launched a testbed for  microgrids applications in a bid to introduce the flexibility of  real-time analytics, and propose the re-structuring of power grids to include renewable energy distributed sources.

The Industrial Internet Consortium (IIC) will develop the test-bed in conjunction with companies Real-Time Innovations, National Instruments and Cisco in conjunction with utilities – Texas-based CPS energy and Southern California Edison.

The involvement of North Carolina electric power company Duke Energy and the Smart Grid Interoperability Panel (SGIP) are also key to the project. Duke Energy and SGIP will ensure that the microgrid architecture is based on “modern, cross-industry industrial internet”.

The microgrids test-bed will be developed in three phases.

The first microgrid developments will be tested in Southern California Edison’s Controls Lab, while the final stage field deployment will take place at CPS Energy’s ‘Grid-of-the-future’ microgrid test area in Texas.

Stan Schneider, CEO of Real-Time Innovations, and a steering committee member of IIC, added: “The smart grid is a critical infrastructure component of the industrial internet of things.

“The IIoT will span industries, sensor to cloud, power to factory, and road to hospital. This key first step will address a significant barrier to the efficient use of green energy.”

Kip Compton, VP/GM of Internet of Things Systems and Software Group, at Cisco Systems, said: “Analytics and controls are essential for a successful energy transition, addressing limited scalability and renewables, siloed networks, rigid controls and slow human intervention.”