Matthias Winkeler, Head R&D at Nanoprecise Sci Corp, on IoT

In an exclusive interview with Matthias Winkeler, Head R&D, at Nanoprecise Sci Corp, he tells Manufacturing Digital about IoT technology and commitment to technological excellence.

How has the adoption of IoT technology within the European market evolved in recent years and how does Nanoprecise plan to leverage this trend to further drive growth?

The adoption of IoT technology in Europe has significantly evolved, with manufacturers and operators recognizing its transformative potential. Nanoprecise is strategically positioned to capitalize on this trend through our innovative and adaptable approach. We continuously refine our IoT-enabled predictive maintenance solutions to align with the specific needs of European industries. Staying at the forefront of technological advancements, our sensors and analytics seamlessly integrate with existing IoT ecosystems, delivering tailored insights.

Our commitment to innovation involves a dynamic R&D strategy against emerging challenges, from safety standards to sustainability. We ensure our solutions remain agile, addressing current European industrial demands and anticipating future complexities. Recognizing regional nuances and regulatory considerations, our R&D initiatives focus on creating flexible, scalable and compliance-friendly IoT solutions. We see the evolving adoption of IoT in Europe as an opportunity to provide reliable predictive maintenance solutions that empower industries for a sustainable future.

Can you elaborate on any recent innovations or advancements in Nanoprecise's IoT hardware product line and how do these innovations address the evolving needs of the European market?

We recently introduced the world's first Zone 0 compliant light energy harvesting IIoT sensor, a groundbreaking solution ensuring uninterrupted data collection in variable to low-light conditions. This innovation is particularly significant considering Europe's focus on green technologies. Moreover, it ensures continuous data collection without relying on disposable batteries, harnessing energy from ambient light, making it highly energy-efficient and contributing to the broader sustainability goals of European industries.

Additionally, it offers advanced edge computing capabilities, enabling faster data processing and analysis on-site. This reduces reliance on centralised processing, ensuring faster response times and increased efficiency in data-driven decision-making. Edge processing captures anomalous events at a more granular time interval, enabling almost real-time monitoring by leveraging onboard analytics for more extensive data monitoring than traditional wireless sensors. 

As we advance into the era of more sophisticated AI and machine learning algorithms, Nanoprecise remains dedicated to advancing AI capabilities for optimized asset maintenance.

Considering the competitive landscape in Europe, what are the key factors that set Nanoprecise's products apart?

Nanoprecise distinguishes itself in the European market through a scalable solution that prioritises autonomy and automation. Our solution is designed to seamlessly adapt to diverse industry needs. Moreover, compliance with strict European standards underscores our commitment to reliability. Our integrated solution combines cutting-edge IoT hardware with powerful AI-based software, ensuring a fully scalable system from installation to actionable insights. The emphasis on scalability extends to user-friendly interfaces, allowing for effortless adoption without extensive training. The system is crafted to be fully autonomous, minimising manual intervention and ensuring automated processes. Furthermore, our exceptional customer support enhances the scalability of our solution, ensuring clients can effortlessly maximize product benefits while staying updated on features and best practices. Our continuous focus on innovation reinforces our position as a pioneer in the industry, solidifying our prominence in the European market.

Can you discuss any recent partnerships or collaborations that Nanoprecise has established in Europe to enhance the reach and impact of its IoT hardware products?

Collaboration is integral to our strategy, driving us to forge strategic partnerships with key industry players across Europe. These collaborations leverage the expertise of our partners along with the precision of our solution, to deliver technologically advanced solutions tailored to sector-specific challenges. Our partnerships enhance our reach by tapping into established networks, allowing us to provide IoT hardware to a broader audience. 

A notable aspect of our collaborations is our system's ability to ingest data from third-party hardware, enabling customers to enhance existing sensor installations with our autonomous AI. This includes upgrading legacy CM systems to full-stack automated analytics systems, leveraging advanced algorithms for superior predictive maintenance.

Moreover, by working closely with industry leaders, research institutions, and technology partners, Nanoprecise aims to stay ahead of the curve. This collaborative approach not only enhances our understanding of market dynamics but also facilitates the integration of cutting-edge IoT technologies into our predictive maintenance solutions. 

How do you ensure that the IoT hardware & software remains at the forefront of technological advancements and aligns with the specific requirements and standards within the European market?

We employ a multifaceted approach to ensure that both our IoT hardware and software remain at the forefront of technological advancements. We actively engage with the market, seeking feedback from partners and clients, ensuring a continuous evolution in line with the latest trends and demands. Substantial investments in ongoing research and development, agile development methodologies and collaboration with industry experts facilitate quick adaptation to emerging technologies. 

Regular upgrades are prioritised to provide clients with the latest features and security enhancements, keeping their systems in compliance with European standards. Integrating feedback from both internal teams and customers is integral to the iterative design process, ensuring alignment with practical needs and expectations in European industries.

Regarding R&D, what are some of the key focus areas for Nanoprecise in Europe, and how do these initiatives contribute to the company’s overall mission and commitment to technological excellence?

Our R&D focuses on advancing sensor technologies and enhancing software for improved data precision. This involves training and using better models to continually increase the accuracy of our insights, ensuring our solutions evolve with the latest advances in artificial intelligence. Notably, our NrgMonitor software showcases the immediate ROI of our sensor system, with quantifiable energy savings and added benefits in uptime, safety and product quality. Simultaneously, investments in user interface enhancements make our IoT hardware and software user-friendly, reducing the learning curve for clients. Our commitment to sustainability is evident in R&D efforts exploring energy harvesting technologies. We ensure compatibility with evolving communication standards and prioritise security protocols to meet European industry requirements.

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