Skkynet to Present Metso Case Study at IoT Industrial Show in Toronto
C-Level executives will learn how secure, real-time remote access by Industrial IoT can cut travel costs, optimize manpower, and increase profits.
Mississauga, Ontario, May 24, 2016 – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB:SKKY), a global leader in real-time cloud information systems, will present a case study, “Metso Halves Project Development Time with Skkynet’s IIoT Solution,” at the IoT Industrial show, to be held in Toronto June 21-22, 2016. The case study shows how Metso was able to cut their project development time in half, and increase customer satisfaction by using Skkynet’s SkkyHub™ real-time IIoT solution.
As reported in the study, Metso developers were able to work from their head office in France to customize and implement OCS-4D© (Metso’s mineral processing expert system) rather than travelling to the operations in the Middle East. By leveraging the real-time data collection and distribution capabilities of SkkyHub, multiple engineers could work in parallel on GUI, sensor and data modeling, and analysis—all using an exact replica of the live plant. This allowed them to complete a year-long project in six months.
“SkkyHub was really a nice fit with our system, because we had not been able to do parallel development before,” said Fred Theodore, Senior Engineer, Advanced Process Control, and lead developer. “Normally we have OSC-4D© running, but two people cannot be connected at the same time, and can’t develop their applications simultaneously on the same computer. The fact that the real-time data source was available to several people at the same time was a real benefit.”
Skkynet believes this capability will capture the attention of those attending IoT Industrial. The show brings together C-level executives from the mining, energy, manufacturing, and transport sectors across North America to learn about the challenges and opportunities in the Industrial IoT and Big Data. The motivating factor is an awareness that those who are able to identify and exploit opportunities now will thrive in the coming years, and that it is best to get an early start.
“Metso is at the leading edge of the Industrial IoT,” said Paul Thomas, President of Skkynet. “Accessing IIoT data in real time, they were able to optimize their manpower and cut costs at all stages of the project—from development to deployment. Their in-house replica of the project can receive live process data from the mine via SkkyHub, which can be used for ongoing remote maintenance or big-data analytics.”
Read the full case study at http://skkynet.com/case-studies/.
About SkkyHub and DataHub
Skkynet’s SkkyHub™ service allows industrial and embedded systems to securely network live data in real time from any location. It enables bidirectional supervisory control, integration and sharing of data with multiple users, and real-time access to selected data sets in a web browser. The service is capable of handling over 50,000 data changes per second per client, at speeds of just microseconds over Internet latency. Secure by design, it requires no VPN, no open firewall ports, no special programming, and no additional hardware.
Skkynet’s Cogent DataHub® industrial middleware solution connects to SkkyHub, as well as virtually any industrial system, using standard protocols such as OPC, Modbus, TCP, and ODBC to support OPC networking, server-server bridging, aggregation, data logging, redundancy, and web-based HMI. Through an OEM agreement between Skkynet and Metso, the DataHub has been integrated into Metso’s OCS-4D© product, and renamed “OCS-4D© DataLink”.
About OCS-4D©
OCS-4D© is a software solution from Metso used for Advanced Process Control (APC), including embedded expert systems with fuzzy logic, modeling and optimizing modules (MPC), vision and acoustics analysis algorithms―for mineral processing plants (crushing, grinding, flotation, dewatering, pyro metallurgy, etc.).
About Metso
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries, with products ranging from mining and aggregates processing equipment and systems to industrial valves and controls, providing a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals.
About Skkynet
Skkynet Cloud Systems, Inc. (OTCQB:SKKY) is a global leader in real-time cloud information systems. The Skkynet Connected Systems platform includes the award-winning SkkyHub™ service, DataHub®, WebView™, and Embedded Toolkit (ETK) software. The platform enables real-time data connectivity for industrial, embedded, and financial systems, with no programming required. Skkynet’s platform is uniquely positioned for the “Internet of Things” and “Industry 4.0” because unlike the traditional approach for networked systems, SkkyHub is secure-by-design. For more information, see http://skkynet.com.
Safe Harbor
This news release contains “forward-looking statements” as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. We assume no obligation to update the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
