MWC 2019: Predict the unpredictable in asset management
Join us at the Faststream booth for an exciting keynote presentation by CEO Vinay Bansal on how the company projects in the works using Predictive Maintenance, Digital Twin, and its expanding its interests in Smart City, Smart Home, and more. A number of demonstrations will be hosted in the 8.0F25, Hall 8 including IoT, AI, NB-IoT, Digital Twin and Machine Learning.
The barebone practice of predicting possible issues in machinery or engines based on its different parameters like sound, pressure has existed in the industrial world for a long time but true maintenance optimization of the industrial assets has taken a huge step forward in recent years. Faststream Technologies’ Predictive Maintenance (PDM) solution provides real-time monitoring & data with a web of sensors connected to several components of each machinery. This data together with historical data is aggregated and assembled as learning material for the AI and becomes a part of the machine learning process that will eventually optimize the maintenance procedure. This enhances the AI’s understanding of the pattern for equipment failure and makes it more efficient at spotting them. Using our PDM solution, the uptime of the equipment will be increased, maintenance cost and the aging of valuable assets will be significantly reduced.
This is a new age of digital transformation. Optimize business strategies and factory machine care by means of a digital twin, wherein a virtual copy of the entire value chain or a single machine is used to stimulate, test and optimize the processes and functionalities without loss to a business. The path to taking highly informed decisions, whilst having in hand historical data, data from simulations, analytics, is no longer a fool’s dream and will be a huge realistic boon to any enterprise that plans to adopt this new age technology. It will allow you to integrate and digitalize your business processes within a single digital thread with a collaboration center at the heart of the Digital Enterprise that will connect with & continuously optimize every component of your organization by using large amounts of live data & feedback.
We at Faststream, with our extensive experience in IoT and Embedded Services, will provide the digital transformation platform for your company as it moves towards becoming a Digital Master.
Faststream Technologies will be showcasing its entire arsenal of smart city solutions that unlock a realm of possibilities to improve the way cities operate, communicate, tackle pollution and meet the needs of citizens. We have been using our IoT expertise to deploy such solutions and thereby helping cities develop & implement a smart, efficient and holistic approach. Our comprehensive suite of smart city solutions range from traffic management, energy efficiency, e-governance, intelligent lighting systems, home and building IoT systems and smart healthcare.
The company provides different types of smart parking solutions: ZigBee Sensor-based, Ultrasonic sensor-based and Wi-Fi camera-based, catering to street side parking, indoor parking and multi-level parking. This includes advanced analytics and integrated camera/sensors capabilities connected via a software control platform to enable a wide range of functionalities like dynamic space allocation & signage, vehicle tracker etc.
Faststream will showcase its product line in the Smart Home arena, together with a peek at the future through demonstrations in the event. From WiFi, app-enabled alarm and video systems of the company’s CleverBell to remote security and energy management, our solutions cater to today’s mobile-driven lifestyles and ever-evolving residential needs. We ensure property owners have complete control, comfort and visual confirmation.