Industrial IoT Predictive Maintenance Platform Nanoprecise Secures Funding from Sensata Technologies

The main platform for predictive upkeep and reliability will use these sources to additional strengthen its vary of options and increase its world buyer base

EDMONTON, AB, Might 5, 2021 / PRNewswire / – Nanoprecise, a number one predictive upkeep platform, right now introduced an funding led by Sensata Applied sciences, an industrial expertise chief and supplier of sensor-rich options that ship buyer insights. With this funding, Nanoprecise can proceed its speedy progress with the help of Sensata, a worldwide firm targeted on sensing and knowledge perception.

Nanoprecise Sci Corp (PRNewsfoto / Nanoprecise Sci Corp)

Based in 2015 in Edmonton, AB, CanadaNanoprecise has constructed a quickly rising world place within the quickly rising IoT trade. Nanoprecise has developed a singular 6-in-1 IoT sensor known as MachineDoctor ™. This IoT sensor is built-in into a sophisticated evaluation software program primarily based on ML / AI algorithms that allows really automated predictive and prescriptive upkeep.

Nanoprecise’s RotationLF ™ evaluation software program diagnoses machines in industrial environments, together with motors, gears, generators and centrifugal compressors. It information the real-time pace, sound, vibration, temperature, humidity and different key parameters of the machine to detect anomalies in close to real-time and predict the remaining helpful life (RUL) of the element, which permits plant operators or finish customers to handle Selections that may trigger nice injury or unplanned downtime. Nanoprecise has made this expertise accessible out there in quite a few business fashions that varied corporations can use to maximise ROI.

Sensata’s funding in Nanoprecise is led by its strategic progress initiative to increase its MHM (Industrial Web of Issues and Machine Well being Monitoring) providing. “We see an amazing alternative to work with Nanoprecise, a pacesetter in creating superior and software program to watch and predict the remaining lifetime of our prospects’ rotary tools,” he stated Naoto Mizuta, Vice President, Common Supervisor, Sensata Industrial. “We’re excited to be working with Nanoprecise to advance the answer and meet our strategic targets for knowledge insights within the MHM area.”

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About Nanoprecise:

Nanoprecise is headquartered in Edmonton, Alberta and was based by Sunil Vedula. Nanoprecise has workplaces in Canada, United States, United Kingdom, and India. Nanoprecise was based with a powerful, easy, but lofty imaginative and prescient of making end-to-end, built-in techniques and fashions that may predict the remaining helpful lifetime of an asset in an trade at any level in its life with an accuracy of as much as 99%. We attempt to offer innovative diagnostic and prognostic options for tools and structural failures of varied property.

About Sensata:

Sensata Applied sciences is an industrial expertise chief that develops sensors, sensor-based options, together with controls and software program, and different business-critical merchandise to offer worthwhile enterprise insights for purchasers and finish customers. For greater than 100 years, Sensata has offered a variety of customized, sensor-rich options that meet complicated technical necessities and assist prospects resolve tough challenges within the automotive, heavy automobile and off-road, industrial and aerospace industries. With greater than 19,000 workers and workplaces in 13 international locations, Sensata’s options assist make merchandise safer, cleaner, extra environment friendly, extra electrified and extra linked. For extra info, please go to Sensata’s web site at


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