Prestigious IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies and Products
BOSTON, MA — Jan. 3, 2020 – Cumulus Digital Systems, the Internet of Tools™ platform for the industrial workforce, today announced that it has been selected as the winner of the “IoT Startup of the Year” award in the 4th Annual IoT Breakthrough Awards program from IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Internet-of-Things (IoT) market today.
Manual work in industrial maintenance and construction lags far behind other industries on the road to digitalization. Available solutions are mostly siloed, paper-based, provide little real-time data, and offer little accountability at the individual worker level. Inadequate transparency and accountability often result in poor work quality, leading to accidents, rework, and unplanned downtime. Cumulus’ Internet of Tools platform is addressing this challenge, collecting data from digitally-enabled tools in the field to provide a single source of ‘truth’ for real-time quality assurance and progress tracking.
Cumulus replaces the need for expensive and time-consuming inspections to verify the quality and duration of tasks with software and tools that improve speed and accountability. Cumulus’ flagship application is the Smart Torque System (STS). STS improves productivity and work quality during safety-critical industrial bolting activities, empowering maintenance and construction managers with real-time insight into who completed the work, how long it took them to do it, and how well it was done. In the past year, STS has been deployed at energy facilities in the United States, Canada, India, Malaysia, Singapore, Oman, and Trinidad & Tobago.
Cumulus is transforming the industrial workforce to be fully connected and data-driven, significantly improving safety and productivity in maintenance and construction. The goal is to eliminate accidents, unplanned downtime, and re-work caused by poor work quality. Cumulus’ addressable market is any industry with safety-critical systems that are constructed or maintained with manual labor, including oil & gas, renewable and traditional power generation, power transmission, railroads, infrastructure, aerospace, marine systems, and amusement parks.
“Receiving this honor from IoT Breakthrough further validates our solution and motivates us to continue to pursue our vision to transform the maintenance and construction industry by making industrial facilities safer, cleaner, and more productive,” said Matthew Kleiman, Co-Founder and CEO of Cumulus.
“With IoT we know that it’s all about the data, and Cumulus’ unique Internet of Tools data analytics platform is delivering unique, high-value insights to facility owners,” said James Johnson, managing director at IoT Breakthrough. “With Cumulus, tools are not simply hardware; they are data acquisition devices collecting data that nobody has been able to collect before now. Cumulus embodies the spirit of the IoT Breakthrough Awards program with their “breakthrough” platform and we are thrilled to recognize them as our 2020 IoT Startup of the Year.”
The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year’s program attracted more than 3,700 nominations from companies all over the world.
Cumulus is also currently developing a suite of data services, including:
AI-powered maintenance planning and predictive analytics
Benchmarking contractor, facility, and company performance
Performance-based vendor selection and contract pricing
Facilitating blockchain-enabled Smart Contracts
This announcement continues to demonstrate momentum inside of Cumulus. In 2019, the company tripled its customer facilities, doubled its team, including the appointment of two senior Commercial Directors covering the Americas and Asia, and was named on CNBC Upstart 100 List, an annual list that covers the top, fastest-growing start-ups to watch.
For more information, please visit www.cumulusds.com.
About Cumulus Digital Systems
Cumulus Digital Systems connects workers, tools, and data to its cloud-hosted Internet of Tools™ platform to make industrial facilities safer, cleaner, and more productive. By collecting data from digitally-enabled tools in the field, Cumulus’ platform provides maintenance and construction managers with real-time quality assurance and progress tracking, eliminating costly and unnecessary rework on the job. Founded in 2018 as a spin-out from Shell TechWorks, Cumulus currently operates globally to improve productivity and work quality during safety-critical industrial bolting activities. To learn more about Cumulus, visit http://cumulusds.com.
About IoT Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the IoT Breakthrough Awards program is devoted to honoring excellence in Internet-of-Things technologies, services, companies and products. The IoT Breakthrough Awards program provides a forum for public recognition around the achievements of IoT companies and products in categories including Connected Home and Home Automation, Connected Car, Industrial IoT (IIoT) and Smart City, Consumer IoT and more. For more information visit IoTBreakthrough.com.
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