InStep Software Meets Growing Global Demand for Industrial Data Management and Predictive Asset Analytics Solutions


InStep Software Sees Strong Growth on Pace with Booming Industry

Chicago (I-Newswire) January 22, 2014 - As utilities and other organizations across the world strive to gain the highest return on their technology and equipment investments, InStep Software is continuing to experience solid growth as it meets the global demand for data historian and predictive asset analytics software. In fact, according to a recent report by MarketsandMarkets research firm, the software segment of the big data industry is expected to grow at a compound annual growth rate of 28.7 percent through 2018.

Driven by the need for solutions that transform raw data into actionable insights, InStep won numerous project awards from some of the largest utilities in the world in 2013 including EDF Group, AEP, SCE&G, TVA and Constellation Energy Nuclear Group. InStep's customer base is nearly 50 percent international as it continues to expand in Europe, the Middle East, Africa and Asia-Pacific.

"The 'Internet of Things' is creating exponentially more data and data management challenges for businesses. The industry shows no signs of slowing and will continue ramping up in 2014 as more machinery, assets and devices are equipped with data-transmitting sensors," said John Kalanik, president of InStep Software. "Our focus remains on helping companies turn challenges into opportunities for increased efficiency, reliability and profitability with leading software solutions."

To stay on the cutting-edge of advancing data management needs, InStep introduced several enhancements to its eDNA and PRiSM software solutions. The eDNA data historian enhancements included updates to various client applications, performance and speed improvements and additional advances to make the software more flexible and intuitive. InStep enhanced its predictive asset analytics solution, PRiSM, with a new OPTiCs algorithm, increased security and user interface improvements.

Further fueling the company's growth, InStep expanded its analytic consulting services. In addition to software implementation, the company offers predictive analytic model building and remote monitoring, custom product feature development and advanced business integration services.

"Because of the high-demand for Instep's products and services and the rapid growth of the industry, we've continued to add many talented new employees this year," Kalanik added. "Over the next year, we anticipate to continue increasing our staff with more engineers, computer scientists and sales professionals, with that growth expected to exceed 20 percent."
Email careers@instepsoftware.com for information about employment opportunities.

About InStep Software, LLC
InStep Software is a leading provider of real-time performance management and predictive asset analytics software products and solutions for industries including power generation, power transmission and distribution, oil and gas, manufacturing, government, campus environments, water management and mining. InStep's software products extend the investment in modern control, monitoring and smart devices by collecting, archiving, displaying, analyzing and reporting the information provided by these systems. Many of the world's most successful companies use InStep's software products to actively manage and analyze the rapidly growing amount of real-time operational, asset health and regulatory related information. To learn more, visit www.instepsoftware.com.

###






About InStep Software

About InStep Software, LLC
InStep Software is a leading provider of real-time performance man   More..agement and predictive asset analytics software products and solutions. InStep extends the investment in modern control, monitoring and smart devices by collecting, archiving, displaying, analyzing and reporting the information provided by these systems. Many of the world's most successful companies use InStep's software products to actively manage and analyze the rapidly growing amount of real-time operational, asset health and regulatory related information.
###Less..

Contact Information

InStep Software
Candice Hudson
200 West Jackson
28th Floor
60606
Phone : 3128947837

Published in:

Technology > Software

Published On:

January 22, 2014

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.


Related Releases

Caltron Introduces A New Really Small Form Factor Monitor To The Line Of Open Frame Monitors
Caltron introduces a new very small form factor monitor to the line on industrial open frame monitors, the LWT-0431O, 4.3" wide LED open frame monitor that can be used in industrial applications or instruments.

Christie Takes Simulation Display Solutions on the Road to Orlando April 30 and May 1
Christie Showcasing Leading Display Solutions for Simulation and Defense Industries

Grow Your Business With OSCommerce Development
OSCommerce development is the most well-known platform for building feature-rich ecommerce websites. It is considered to be useful for creating efficient and effective websites that have unique and user-friendly features.

Encoding.com Launches Support for MPEG-DASH
Encoding.com releases support for the latest standard in adaptive bitrate delivery through their API and UI

B-Scada Announces the Shipping Release of Status Enterprise
CRYSTAL RIVER, FL--(Marketwire - April 21, 2014) - B-Scada, Inc. (OTCQB: MOBS) redefines SCADA and HMI with the release of Status Enterprise.