AspenTech has acquired the ‘Cipher’ Industrial Internet of Things (IIoT) software and edge connectivity assets of RtTech Software of New Brunswick, Canada. Cipher is a cloud-native application with multitenant capabilities running on Microsoft’s Azure IoT platform. Cipher includes a portal to aggregated data sources for advanced analytics and asset optimization and ‘edge’ functionality to cleanse and analyze sensor data. Cipher supports a wide range of communication protocols (MQTT, OPC UA, Modbus…) for connecting almost any asset or device. The software is said to deliver on promise of the IoT ‘without having to rip out and replace existing infrastructure or business systems.’ Cipher will extend AspenTech’s AspenOne modeling and machine learning software.
RtTech founder Keith Flynn, along with other members of the Cipher team will join AspenTech. Meanwhile RtTech has promoted Jeff Milton to President as the company continues to develop, support, and service its global customer base using its core suite of industrial apps for asset optimization and energy management.
We’re not sure whether RtTech’s Rob Brannan’s comment that the IoT is ‘just another elevator pitch!’ (OSIsoft Berlin 2016) reflects a company position or in any way influenced the disposal!
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