Chicago, IL – This morning at the opening of IMTS 2014, System Insights announced they have entered into a partner agreement with Kennametal. Under the agreement, VIMANA-based tooling and machine optimization software technology will be marketed through the Kennametal sales channel under the NOVO Optimize brand.
“Kennametal has successfully partnered with SI over the last few years to co-create “NOVO™ Optimize which is the newest manufacturing intelligence application in the NOVOsphere™,” says Colin Tilzey, director of Kennametal’s Innovation Ventures Group. “It collects real-time data on how your cutting tools and machines are performing and also provides analysis of where process efficiencies or capacity improvements are available. Under this initiative, VIMANA becomes a key enabling technology for our NOVO Optimize platform and solidifies our relationship with System Insights."
The machine optimization capabilities incorporated into NOVO Optimize were originally developed by System Insights and have been on the market for several years under the VIMANA Core brand. The new tool optimization capabilities, jointly developed with Kennametal, are now also available to System Insights clients as an add-on module called VIMANA Tooling.
Rick Moran, President & COO of System Insights, noted “The partnership with Kennametal is a major strategic win for the company. By working with the premier enterprise in cutting tool technology, we are able to leverage domain expertise for best of breed software and expand our market into a client base that number in the tens of thousands.”
Both NOVO Optimize and VIMANA will be on display during IMTS 2014 in Chicago, September 8th- 13th at the System Insights (E-4736) and Kennametal (W-1522) booths.