Version 3.0 of the ThingWorx platform allows organizations to derive more value from data generated by the growing number of Internet-connected devices that, according to leading companies such as Ericsson and Cisco, is expected to reach 50 billion devices by 2020. With SQUEAL, business users can use the search paradigm to directly interact with the big data generated by these connected devices, turning raw data into actionable information, allowing businesses to solve real-world problems and discover opportunities.

“The proliferation of Internet-connected devices has created the need for a new set of tools to effectively find and analyze real-time data in the context of the people and the systems that they are connected to,” said Russ Fadel, CEO of ThingWorx. “Traditional approaches to intelligence and analytics required significant IT support and provided fixed scenarios that limited its usefulness to known problems. With the release of SQUEAL, we have taken the search paradigm and extended it to the world of devices, empowering users by putting intelligence and analytics directly in their hands.”

SQUEAL (Search, Query, and Analysis Language) allows users to simultaneously search real-time operational data from connected machines, transactional data from business systems, and collaboration data from users—providing a 360-degree view of a problem or opportunity.  By shifting intelligence to the business user, organizations can become significantly more responsive and free IT groups to focus more of their efforts on using technology to drive innovation.

Version 3.0 also includes AlwaysOn Connectivity, ThingWorx’s patented communication infrastructure. AlwaysOn enables secure, high performance communication to a wide range of devices and deployment scenarios. It minimizes bandwidth requirements for any level of desired responsiveness, providing a deployment advantage for any connected application. Additionally, AlwaysOn easily deploys in virtually any network topology, eliminating the need for additional firewall ports, VPNs, and inefficient reverse polling scenarios.

“Previous versions of our ThingWorx platform have allowed organizations to build and scale connected applications 5 times to 10 times faster than traditional tools,” continued Fadel. “Now, in our latest release, we’re adding search-based intelligence and real-time, always-on connectivity to further extend the advantages of ThingWorx in addressing the unique requirements of the evolving and increasingly connected world.”

At ThingWorx, we believe that this represents an opportunity to take advantage of breakthrough technologies in today’s connected world to build out the next generation of Smart Infrastructure in the US.  The significant cost savings that can be realized through the implementation of sensors and real-time condition monitoring on these physical assets cannot be ignored.  Furthermore, a smarter pipe infrastructure can also aid in ensuring safe, clean drinking water throughout the US.

We believe that the time is now to address the future of our physical infrastructure.  This is one of the reasons we are joining forces with IBM and Carnegie Mellon in the Pennsylvania Smart Infrastructure Incubator.  Together with other innovative companies, we are exploring how we can leverage modern technologies and tools in an effort to blend traditional physical-infrastructure, such as water pipes, transportation systems, and buildings, with cyber-infrastructure – computers, networks, and sensors.  The goal is to build a safer, more efficient, and environmentally sound infrastructure throughout the US.

While we may not be able to avoid the full cost of repairing our existing physical infrastructure, we can, and should, take advantage of today’s modern technologies and use this opportunity to create a smarter, more connected infrastructure in the US.

Click here for more details.

PSII will integrate the ThingWorx connected application platform in a lab environment together with the organizations’ other technologies, tools, and engineering expertise. The addition of ThingWorx will enable PSII to rapidly develop, deploy, and optimize applications for managing smart infrastructure. The ThingWorx team, led by Rick Bullotta, CTO and Co-founder of ThingWorx, will work in the lab with the PSII team to implement and scale the platform as the project moves forward.

“Our new partnership with PSII presents ThingWorx with new opportunities to pioneer technology that will drive smart infrastructure in the rapidly expanding connected world,” says Bullotta. “This further validates ThingWorx as an industry leader in application development for the connected world as the platform is adopted across several industries. ThingWorx technology will underpin PSII’s initiative to build and manage smart bridges, pipes, transit systems, and other physical infrastructure that will soon change the face of Pennsylvania and the world at large.”

The goal of the PSII project is to stake Pennsylvania’s claim as a leader in smart infrastructure by building more efficient and environmentally sound systems for managing traffic, electric grids, and the distribution of food. These innovations will spur the Pennsylvania economy forward, both through job creation and by driving Pennsylvania companies to innovate and be competitors in the global market. PSII will also help prepare the next generation of employees for the coming smart infrastructure with skills they’ll need to fill these new jobs. This initiative will ultimately establish Pennsylvania as an economic leader as the world grows more connected through the Internet of Things.

“PSII is excited to work with ThingWorx and their innovative platform for connecting people with the cyber-physical world,” says PSII Executive Director Matthew Sanfilippo. “ThingWorx’s expertise and solutions in this area are highly complementary to the work that Carnegie Mellon University has been doing with the Sensor Andrew project and beyond.”

Sensor Andrew is an initiative to make Carnegie Mellon University the most connected campus in the world. The initiative will establish a sensor network that will enable the dense instrumentation of Carnegie Mellon’s entire campus to become a living laboratory for real-world infrastructure challenges. Wireless sensors will collect and transmit information from almost any object, and the ThingWorx platform will support critical decision making for infrastructure managers. To learn more about PSII and ThingWorx’s involvement in the project, visit the website: http://www.ices.cmu.edu/psii/home.asp.

About ThingWorx

ThingWorx™ is a privately held company that develops “The 1st Application Platform for the Connected World™.” ThingWorx combines the key functionality of Web 2.0, real-time data, mashups, search, social media and the semantic web, and applies it to any process that involves people, systems, devices and other real world “things.” ThingWorx is providing the disruptive change required to catalyze innovation and enable connected world applications, resulting in a step change in business performance in industrial markets such as manufacturing, utilities and energy, as well as in emerging “Internet of Things” applications, which include smart cities, smart grid, agriculture, transportation, and Machine-to-Machine (M2M). For more information, please visit our website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on Twitter @ThingWorx.

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“In our years of work on the Internet of Things phenomenon and its real-world effects on business, we have not encountered very many compelling visions about the complete integration of things, people, systems and the real-time world. The ThingWorx team of innovators understand that the tools we are working with today to make products “smart” on networks were not designed to handle the scope of new capabilities and interactions.”

- Glen Allmendinger, Harbor Research

Download the whitepaper here

“The partnership with ThingWorx allows Sensei Solutions to accelerate the development of new products and solutions for real-time monitoring of critical utility generation, transmission, and distribution assets,” commented Ashley Campbell, Sensei CEO. “The ThingWorx platform allows us to build on our core competencies to rapidly aggregate, normalize, and correlate disparate asset monitoring data across the enterprise, and provides us with a modern, Web 2.0 based platform to help build the next generation of smart grid asset monitoring capabilities.”

Sensei’s next generation solutions incorporate adaptive neural net technology that combines enterprise knowledge, predictive analytics, and highly configurable visualization and event notification, which helps the company’s customers reduce unplanned downtime and equipment failure costs associated with their assets. These advanced asset monitoring and management capabilities are currently being deployed at two major utilities in the Northeast and the Southwest.

“ThingWorx is truly a disruptive technology that is unique in the marketplace and we look forward to a long and successful partnership,” added Campbell.

“We are excited to partner with an innovative company like Sensei Solutions,” stated Russ Fadel, CEO of ThingWorx. “Their thought leadership and deep intellectual property around improving utility asset monitoring and management capabilities will be key to a successful smart grid. This partnership is a great example of how the ThingWorx platform can help OEMs extend and enhance an existing solution to provide new collaborative functionality while simultaneously increasing their ability to rapidly respond to new customer requirements. The ThingWorx platform uniquely provides a rich, interactive environment for building applications that connect the three critical dimensions of today’s connected world – people, systems, and physical assets.”

About ThingWorx

ThingWorx™ is a privately held company that develops “The 1^st Application Platform for the Connected World™.” ThingWorx combines the key functionality of Web 2.0, real-time data, mashups, search, social media and the semantic web, and applies it to any process that involves people, systems, devices and other real world “things.” ThingWorx is providing the disruptive change required to catalyze innovation and enable connected world applications, resulting in a step change in business performance in industrial markets such as manufacturing, utilities and energy, as well as in emerging “Internet of Things” applications, which include smart cities, smart grid, agriculture, transportation, and Machine-to-Machine (M2M). For more information, please visit our website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on Twitter @ThingWorx.

About Sensei Solutions

Sensei Solutions is a leading Smart Grid Solutions provider that enables utilities to achieve greater operational efficiencies, improve asset reliability, and address growing compliance mandates. Sensei provides hardware, software, services, and domain expertise to deliver advanced solutions that empower utility customers to continuously monitor and manage their generation, transmission, and distribution assets over a single unified enterprise platform. Sensei has numerous deployments with leading utilities in the US. For additional information, please visit www.sensei-solutions.com.

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In 2011 we:

• Transitioned from a self-funded start-up to a venture-back entity in February, through a $5M investment from a great venture firm, Safeguard Scientifics (SFE).
• Brought to market the first two releases of our ground-breaking Connected Application Platform –  V1 “platform” and V2 “mashup builder” in February and September respectively
• Acquired Palantiri Systems, a well-respected innovator in the M2M space.  We ended up with significant IP, talent and vertical expertise which has us well on the way to dominating the next phase of the M2M market
• Grew staff by more than 300%, building a strong team primarily through prior relationships
• Achieved great early industry recognition by Gartner as a “2011 Cool Vendor”, selected by Postscapes as a one of the “Top 100 Thinkers influencing the Internet of Things”, and previously as an M2M Pioneer by Connected World Magazine.
• Recognized by AlwaysOn as one of the Venture Summit Mid-Atlantic 100 winners, and recognized as one of the “Hottest Companies in Pennsylvania” by Lead411
• Achieved customer adoption across a wide range of our target verticals, including: smart grid, transportation, industrials, M2M, smart cities, life sciences, and public health & safety
• Started expanding our global footprint with partners in South America, Europe and Australia

In a broader sense, the transition to a connected world is accelerating – companies are moving more quickly than we had expected, investing to extend (or create) business processes to leverage the value and ambient awareness offered by the explosion of smart devices and equipment.  During 2011 companies like GE, Google, Cisco, Intel and SAP, and others have announced plans to make significant investments in the Internet of Things (aka the connected world).  This is great news for us at ThingWorx, and with a multi-year head start, the 1st Application Platform for the Connected World™ is perfectly positioned for a great 2012 and beyond.

Stay tuned for great stuff from ThingWorx™ in 2012!

Russ Fadel

Since the start of 2011, ThingWorx increased its staff by 300 percent, as it has successfully transitioned from a focused set of “lighthouse” customers to a broader market engagement model. The company attributes accelerated customer adoption to the ThingWorx platform’s development efficiency, which reduces application development time by 5X for customers looking to build applications that connect their business processes to the physical world.

“Companies in every industry are looking for ways to accelerate solution development, respond to rapidly changing operational requirements, and to leverage the value in connecting smart equipment into their business processes,” says Russ Fadel, CEO of ThingWorx. “ThingWorx is unique in its ability to increase solution deployment velocity up to five times and in its search-based collective intelligence engine, which empowers business users to solve problems on their own. Our recent expansion includes staff with specific expertise in developing and supporting a platform that meets the specific needs of the connected world, and we’ve been aggressively recruiting talent to make sure that we continue to expand our first mover advantage.”

Significant hires include the addition of a development team based in Southern California. Led by Phil Huber, the software architect that co-founded the Wonderware industrial software business, key team members include Lawrence Fan, Samuel Malapas, and Brandon Hahr. The ThingWorx Southern California operation adds significant experience in all aspects of user experience, user interface design, and mobile applications for the iOS and Android platforms.

“As we look into 2012, our talent acquisitions will support our new and growing customer base as they test, develop, and deploy the ThingWorx platform,” continued Fadel. “The new members to our team will be instrumental in the success of our short and long term plans. We’re in a great position to capitalize on the shift to a completely connected world.”

Mike McFarlin also joins ThingWorx as a Southeast Regional Sales Manager through this expansion. Previously, he served as Senior Account Manager at SAP and Southeast Regional Manager at Lighthammer Software. Mr. McFarlin’s responsibilities at ThingWorx will include the fostering of ThingWorx’s OEM and VAR ecosystem, in addition to growing sales through direct accounts.

ThingWorx also expanded its training and customer relations capacity by adding new staff led by Pai Chung. Chung, who joins ThingWorx from a successful enterprise software company, brings valuable experience in building highly effective customer training and support operations and will manage the expansion of the ThingWorx™ community website.

About ThingWorx

ThingWorx™ is a privately held company that develops “The 1^st Application Platform for the Connected World™.” ThingWorx combines the key functionality of Web 2.0, real-time data, social media, and the semantic web, and applies it to any process that involves people, systems, devices, and other real world “things.” ThingWorx enables connected world applications, resulting in a steep change in business performance in industrial markets such as manufacturing, utilities, and energy, in addition to the emerging “Internet of Things” applications, which include smart cities, smart grid, agriculture, transportation, and Machine-to-Machine (M2M) industries. For more information, please visit our website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on Twitter @ThingWorx.

Listen to the interview here.

(This interview is courtesy of The Peggy Smedley Show, hosted by Peggy Smedley and broadcast on wsRadio.com. To view archives, go to www.peggysmedleyshow.com/archives.aspx.)

“The Venture Summit Mid-Atlantic 100 winners are transforming the mid-Atlantic region’s technology community through innovation and creativity,” said Tony Perkins, founder and editor at AlwaysOn. “The companies represent some of the highest-growth opportunities in the mid-Atlantic private company marketplace across all industry sectors, including digital media and entertainment, on-demand computing as well as greentech and the life sciences.”

ThingWorx is transforming the way companies take advantage of today’s connected world through its innovative Connected Application Platform. ThingWorx’s patented technology provides the complete set of services and functionality required to develop applications that connect people, systems, and smart devices. The complete functionality combined with its model-based development environment enables companies in the manufacturing, healthcare, smart grid, energy, and utilities industries to develop high-value solutions 5x faster than alternate approaches.

“We are pleased to be recognized as one of the leading technology innovators based in the mid-Atlantic market,” says Russell Fadel, CEO and co-founder of ThingWorx. “At ThingWorx, we have made a serious investment in building a next generation application development platform that will allow our customers to accelerate solution development time by 5x and build applications that grow in value over time. This recognition from the AlwaysOn selection committee is another indication that the ThingWorx platform is satisfying a previously unmet market need. We are excited about the market adoption of our platform to date and are focusing our efforts on expanding internationally in the near future.”

The Venture Summit Mid-Atlantic 100 winners were selected from among thousands of mid-Atlantic technology companies nominated by investors, bankers, journalists, and greentech industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list. ThingWorx was selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

ThingWorx and the Venture Summit Mid-Atlantic 100 companies will be honored at the IMPACT Venture Summit Mid-Atlantic event, Nov. 29 and 30, 2011, at the Ritz Carlton in Philadelphia. This two-day executive event features CEO presentations and high-level debates on the most promising emerging technologies and new entrepreneurial opportunities on the East Coast. For over 20 years, IMPACT has been showcasing the best and most promising investment opportunities in the technology, life sciences, and clean technology sectors.

About ThingWorx

ThingWorx™ is a privately held company that develops and markets “The 1^st Application Platform for the Connected World™”. ThingWorx combines the key functionality of Web 2.0, real-time data, mashups, search, social media and the semantic web, and applies it to any process that involves people, systems, devices and other real world “things”. ThingWorx is providing the disruptive change required to catalyze innovation and enable connected world applications, resulting in a step change in business performance in industrial markets such as manufacturing, utilities and energy, as well as in emerging “Internet of Things” applications, which include smart cities, smart grid, agriculture, transportation, and Machine-to-Machine (M2M).  For more information contact us at www.thingworx.com or follow us on Twitter @ThingWorx.

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

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