WattIQ announced the commercial availability of their IoT solution for asset utilization and condition monitoring built around smart plugs. The asset intelligence solution allows enterprises to monitor device utilization, health, and location of assets by plugging into WattIQ’s network of connected smart plugs.

Formerly known as Ibis Networks, WattIQ applies machine learning to power consumption at the device level, analyzing assets like centrifuges, incubators, HPLCs, vending machines, freezers, and other electrical office equipment as soon as they connect to the smart plugs.

WattIQ’s low-touch solution gets assets connected to the network. According to the company, within 60 seconds of being connected, power data for the asset is visible and actionable insights are available within 24 hours. It is also possible to pilot or fully deploy the technology without the need to invite WattIQ onsite. 

The WattIQ system is both manufacturer-and device type-agnostic and can scale from tens to thousands of assets within a building or across multiple sites. The centralized dashboard enables ideal management of the smart plugs, as well as insights from an individual asset to an aggregated asset class or department view.

According to the company, the added benefit of asset health monitoring prevents unplanned failures, protecting the enterprise’s science and products.

For more information, visit: www.wattiq.io