Tridium [NYSE:HON]: Harnessing the Power of IoT

Nino DiCosmo, President & General Manager

The global economy is rapidly advancing beyond the phase of mobile devices and traditional desktop internet connectivity, toward an era of sensor-enabled tools that facilitate sharing of information. While Machine-to-Machine (M2M) technology has been in use for some time, the ever-changing organizational environment and latest use cases are acting as catalysts for its further growth. Organizations in all major industries are seeking M2M applications to ensure that data is in the right place at the right time, allowing them to provide real-time consumer support and information delivery. The M2M industry has recently shifted its focus from serving Original Equipment Manufacturers (OEMs) and intermediaries to end-users. Recognizing this vast potential of M2M technology, Richmond, VA based Tridium addresses the requirements related to smart systems while advancing truly open environments that harness the power of the Internet of Things (IoT).

The company provides business application frameworks that allow people to connect and control devices and systems in an innovative way. “Our products allow people and machines to communicate and collaborate like never before,” says Nino DiCosmo, President, Tridium. Tridium has developed a software platform, Niagara Framework, which allows the integration of multiple systems and devices into a single platform for easy management and control in real-time. “From buildings and data centers to manufacturing systems and smart cities, the Niagara Framework improves strategic decision-making, allowing for optimized performance and cost reductions that can help businesses be more competitive and profitable,” adds DiCosmo. Niagara has grown into a vast community of people, machines, and enterprises and operates thousands of applications with endless possibilities.

Furthermore, in order to enhance the operational excellence of clients, Tridium offers Niagara 4—based on the Niagara framework— to harness maximum benefits from IoT, along with advanced visualization, security, and navigation tools.

We have created a marketplace where innovation comes to life, powerful connections are made, and boundaries are pushed

Niagara 4 is faster, easier, and less dependent on browser plug-ins, while allowing end-users to directly access, analyze, and act on a wide range of operational data. In addition, Tridium’s Java Application Control Engine (JACE) 8000 controller is a hardware platform built for Niagara 4 that offers enhanced wireless capability when interfacing with the latest wireless sensors and devices. The JACE 8000 controller is also configurable as an access point, enabling mobile phones and tablets to display information and advanced graphics.

Adding to Tridium’s portfolio of products and services is its Niagara Analytics Framework that allows users to proactively analyze and identify patterns in their data and recommend suitable actions. Niagara Analytics Framework shrinks the big data generated by consumer devices and systems using multiple analytics applications along with capturing historical patterns and real-time information. Meanwhile, the company’s Niagara AX integrates geographically scattered, multivendor devices into a common medium. It has an extensive graphical toolset, which allows users to develop rich applications in a drag-and-drop environment while integrating, control, supervision, data logging, scheduling, and alarming. However, as the hardware that steers the software, JACE controllers unleash the full potential of Niagara and act as a mechanism to provide physical connectivity between diverse devices and systems.

Tridium is an active collaborator in the global technology community and provides M2M solutions to various organizations serving in multiple domains like data center, smart city, and the public sector. The company has also launched Niagara Market Place, a one-stop shop for the entire range of Niagara-based solutions. “We have created a marketplace where innovation comes to life, powerful connections are made, and boundaries are pushed,” concludes DiCosmo.