Kx announces partnership, shows revenue growth
First Derivatives’ subsidiary Kx has joined forces with Keysight Technologies to provide it with its technology for PathWave Manufacturing Analytics, a smart factory platform for real-time enhanced visibility into manufacturing data enabling operational productivity in a wide number of industries, such as aerospace, automotive and energy. The partnership highlights the growing need to take data generated at the edge (factories, in this case) and rapidly leverage data for operations.
PathWave Manufacturing Analytics is an Analytics-as-a-Service platform that collects, converts and analyzes test equipment data. Under the partnership, Keysight’s know-how of leveraging data mining and machine learning in data science is merged with Kx to deliver a complex solution for electronics manufacturing, the company says.
“Keysight’s PathWave Manufacturing Analytics provides our customers with immediately actionable insights, based upon advanced analytics and our deep expertise in measurement technologies in printed circuit board assembly (PCBA) manufacturing,” said Christopher Cain, VP/GM of Electronic Industrial Products at Keysight Technologies in a prepared statement. “Kx provides a platform that enables aggregation of extremely large data sets, with low-latency that enable faster insights in a broader variety of industrial analytic opportunities.”
(Keysight ICT Suite)
PathWave Manufacturing Analytics leverages advanced algorithms to enable customers to boost overall equipment efficiency (OEE) and decrease downtime, lower wastage such as retest and rework, fix root cause chronic manufacturing test issues for permanent resolution, and detect anomalies in real-time, among others. The integration with Kx makes it accessible to collect and analyze large data troves in real-time.
Last year in November, Kx reported growing revenue for the last six months of 2019 and a number of partnerships expected in H2. Software revenue went up 13 % to £71.4 million, respectively $92 million, generated by 19 % growth in recurring software license revenue.
In December 2019, Clearwater Dynamics entered a partnership with Kx to integrate its in-memory, time-series database technology with cybersecurity attack prevention platform Horizon, which leverages machine learning algorithms to scan for and contain advanced threats that can otherwise bypass security networks. Able to process terabytes of data in real-time, the development process was supervised by Clearwater’s CTO Chris Sturgess, previously technical lead at British cyber intelligence agency GCHQ.
“Cybersecurity is one area where the need for speed and the ability to handle massive streaming and data at rest is unquestioned,” said Patrick Brazel, Chief Commercial Officer at Kx.
Horizon has been successfully tested in the maritime industry to fend off email emulation and financial fraud.
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Article Topics
analytics | IIoT | Keysight Technologies | Kx | SaaS | smart factory
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