Maine Venture Fund is proud to welcome HighByte to our portfolio of innovative Maine start-ups. HighByte is on a mission to make industrial data useful so manufacturers can rapidly and securely scale their Industrial Internet of Things (IIoT) projects from pilot to production.
Early adopters of digital transformation recognize that industrial data – or the operations data coming from machines, processes, and products on the plant floor – contains critical insights. More users and systems want access to this data in real-time to convert it into useful information they can act on, like predicting machine failure, preventing downtime, and improving product quality. However, one major issue has slowed progress: The existing data infrastructure cannot support the vision of the IIoT.
Raw operations data lacks context, standards, and correlation. And operations data without context is virtually useless to a user in another business function who needs to understand and analyze that data. To address this problem today, many IT and data science teams are spending 80% of their time integrating and preparing data for analysis rather than actually analyzing it. They are writing custom Python scripts for each integration. These are hard to maintain, time-consuming, and often insecure.
To solve this problem, HighByte has built the first DataOps solution purpose-built for industrial data, releasing Version 1.0 in January 2020. HighByte Intelligence Hub software is Edge-native, running on a user’s platform-agnostic lightweight hardware of choice. The solution connects to data sources and consuming applications over secure open standards, models this data into useful information, and then manages the flow of this information to all of the applications that require it. The software application is code-free, secure, and easy to maintain. No more scripting. No more troubleshooting broken integrations.
HighByte’s founding team is comprised of Chief Executive Officer Tony Paine, Chief Business Officer John Harrington, and Chief Marketing Officer Torey Penrod-Cambra who have worked together since 2012 and have more than 50 years of experience delivering software to the industrial automation market. The three founders previously worked together for 6 years as key leaders of Kepware, an industrial software company that was acquired by PTC in 2016.
Congratulations and welcome aboard to the entire team at HighByte!