Clockwork and Jaspersoft bring predictive analytics for asset management

SAN FRANCISCO, USA: Jaspersoft, the Intelligence Inside applications and business processes, today announced that Clockwork Solutions LLC, a global leader in predictive analytics solutions for Enterprise Asset Management (EAM), has successfully deployed Jaspersoft as the reporting engine for its solution. Clockwork Solutions is now able to provide key insights on tens of terabytes of asset data.

Clockwork Solutions uses its Insight LCM platform to digest huge amounts of data for capital-intensive assets, such as high-end machinery and products, which require large-scale investments. These assets often have thousands of components, with each component potentially contributing to overall system availability, performance and output.

Jaspersoft's embedded analytics solution works with Hadoop and MongoDB within Clockwork's predictive analytic solution to provide simple and clear answers on asset performance and health. These insights result from detailed analysis of the complex physical assets, their components, and their parts at fine-grained levels. This analysis often requires terabytes of data and needed an engine able to cope with such a significant amount.

"Our predictive analytics solutions require a robust analytics engine that incorporates Big Data best practices. We found Jaspersoft to be an analytics solution that could handle large volumes of data, provide ad hoc analytics for our customers, and was easily embedded into our SaaS solution," said Joe Berti, CEO of Clockwork Solutions.

"Clockwork Solutions' Big Data approach and predictive analytics significantly reduces costs and increases revenues for our customers. When paired with Jaspersoft, the result is accelerated implementation and significant value for our Fortune 500 customers"