Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Progress with Amazon Web Services Offer Industry’s First Industrial IoT Self-Service Option for Anomaly Detection and Prediction using Cognitive Machine Learning
    Top Stories

    Progress with Amazon Web Services Offer Industry’s First Industrial IoT Self-Service Option for Anomaly Detection and Prediction using Cognitive Machine Learning

    Published by Gbaf News

    Posted on May 31, 2018

    7 min read

    Last updated: January 21, 2026

    An informative graph depicting the projected growth of the Health Caregiving Market from USD 233.02 billion in 2025 to USD 521.61 billion by 2032, highlighting a CAGR of 12.2%. This image enhances understanding of the market dynamics discussed in the report.
    Graph illustrating growth of the Health Caregiving Market to USD 521.61 billion by 2032 - Global Banking & Finance Review

    Progress DataRPM enables R&D and innovation teams to achieve faster time-to-insight, improved uptime, quality, yield and maintenance of industrial assets

    Progress (NASDAQ: PRGS), the leading provider of application development and deployment technologies, today announced the availability of a new Progress® DataRPM® self-service anomaly detection and prediction option for the Industrial Internet of Things (IIoT) market. Provided within a new R&D-specific license, the first-of-its-kind offering will empower R&D and innovation groups with better decision-making capabilities for IIoT proof-of-concept (POC) and pilot execution. Hosted on Amazon Web Services (AWS), AWS will also offer free trials of Progress DataRPM cloud instances for qualified manufacturers with connected sensors and the ensuing time series data. The trial will allow companies to load their data securely on AWS, detect equipment anomalies, predict failures before they occur, and validate against failures – both known and unknown – thereby confirming pro-active steps that should be taken in advance to avoid unplanned downtime and unscheduled maintenance.

    The flood of data coming from sensors on industrial equipment gives asset-intensive organizations a tremendous opportunity to prevent failures and optimize output. However, industrial organizations globally are struggling to make sense of their data and to detect anomalies and prevent failures that otherwise often go undetected until costly failures have already occurred. With anomaly detection and prediction capabilities within the Progress DataRPM application, asset-intensive companies can unlock the power of the IIoT to capture and analyze their own industrial sensor data privately and securely to dramatically reduce downtime and increase overall equipment effectiveness.

    The self-service option in the R&D license empowers R&D and innovation groups of industrial companies to leverage the fully automated machine learning anomaly detection and prediction capabilities within the DataRPM application, transforming their raw sensor data into intelligent actions for multi-sensor time series data analysis. R&D teams can start accurately detecting and predicting anomalies across their industrial data to minimize equipment downtime while maximize overall output. They can derive higher true positives and lower false positives with accurate insights to take timely actions to reduce unplanned downtime, unscheduled maintenance and to better control assets.

    Through Progress DataRPM anomaly detection and prediction option, industrial decision makers, data scientists, heads of Innovation, R&D and machine learning and big data decision makers now have access to:

    • Self-Service: End-to-end automation of the steps from data ingestion and analysis to insights visualization. Users can easily upload sensor data, map the attributes and click “run”. The entire cognitive flow works in a fully automated fashion to show near-immediate results.
    • Smart Insights: The results are shown in ”stories,” in a human-readable format that highlights patterns and anti-patterns in the sensor data.
    • Exploratory Analysis: Using drill-down and filters, users can gain a better understanding of the behavior of assets and most important sensors for predicting the most likely failures states.
    • Enterprise-grade Data Science Process Flow Framework: For those with successful POCs and pilots, the framework enables a seamless transition from R&D to full production environments with no code rewrites.

    “With billions of interconnected devices pumping out untold volumes of data, there is a huge demand for ways to gather valuable insights from the data. But with limited budgets and lengthy deployment cycles for many machine learning applications, the true value of data is often left untapped or underutilized,” said Dmitri Tcherevik, Chief Technology Officer, Progress. “That is why Progress now offers an R&D self-service option for those organizations looking to start on their IIoT journey more quickly and easily than previously possible. R&D teams can use our self-service cognitive cloud-based application to immediately start detecting and predicting anomalies across their industrial data for fast time-to-insights and more accurate ROA calculations.”

    The Progress DataRPM application uses cognitive techniques and advanced machine learning and meta learning-based algorithms to identify and predict anomalies, often before they occur in the production environment. Meta-learning, a subset of machine learning, is a set of algorithms that teach computers how to self-learn in difficult Industrial IoT big data environments. DataRPM anomaly detection and prediction option provides fast, repeatable, scalable and highly interpretable results by analyzing highly complex sensor data in minutes, reducing equipment failures and increasing output quality and yield.

    For more information about Progress DataRPM, go to www.progress.com/datarpm.

    Progress DataRPM enables R&D and innovation teams to achieve faster time-to-insight, improved uptime, quality, yield and maintenance of industrial assets

    Progress (NASDAQ: PRGS), the leading provider of application development and deployment technologies, today announced the availability of a new Progress® DataRPM® self-service anomaly detection and prediction option for the Industrial Internet of Things (IIoT) market. Provided within a new R&D-specific license, the first-of-its-kind offering will empower R&D and innovation groups with better decision-making capabilities for IIoT proof-of-concept (POC) and pilot execution. Hosted on Amazon Web Services (AWS), AWS will also offer free trials of Progress DataRPM cloud instances for qualified manufacturers with connected sensors and the ensuing time series data. The trial will allow companies to load their data securely on AWS, detect equipment anomalies, predict failures before they occur, and validate against failures – both known and unknown – thereby confirming pro-active steps that should be taken in advance to avoid unplanned downtime and unscheduled maintenance.

    The flood of data coming from sensors on industrial equipment gives asset-intensive organizations a tremendous opportunity to prevent failures and optimize output. However, industrial organizations globally are struggling to make sense of their data and to detect anomalies and prevent failures that otherwise often go undetected until costly failures have already occurred. With anomaly detection and prediction capabilities within the Progress DataRPM application, asset-intensive companies can unlock the power of the IIoT to capture and analyze their own industrial sensor data privately and securely to dramatically reduce downtime and increase overall equipment effectiveness.

    The self-service option in the R&D license empowers R&D and innovation groups of industrial companies to leverage the fully automated machine learning anomaly detection and prediction capabilities within the DataRPM application, transforming their raw sensor data into intelligent actions for multi-sensor time series data analysis. R&D teams can start accurately detecting and predicting anomalies across their industrial data to minimize equipment downtime while maximize overall output. They can derive higher true positives and lower false positives with accurate insights to take timely actions to reduce unplanned downtime, unscheduled maintenance and to better control assets.

    Through Progress DataRPM anomaly detection and prediction option, industrial decision makers, data scientists, heads of Innovation, R&D and machine learning and big data decision makers now have access to:

    • Self-Service: End-to-end automation of the steps from data ingestion and analysis to insights visualization. Users can easily upload sensor data, map the attributes and click “run”. The entire cognitive flow works in a fully automated fashion to show near-immediate results.
    • Smart Insights: The results are shown in ”stories,” in a human-readable format that highlights patterns and anti-patterns in the sensor data.
    • Exploratory Analysis: Using drill-down and filters, users can gain a better understanding of the behavior of assets and most important sensors for predicting the most likely failures states.
    • Enterprise-grade Data Science Process Flow Framework: For those with successful POCs and pilots, the framework enables a seamless transition from R&D to full production environments with no code rewrites.

    “With billions of interconnected devices pumping out untold volumes of data, there is a huge demand for ways to gather valuable insights from the data. But with limited budgets and lengthy deployment cycles for many machine learning applications, the true value of data is often left untapped or underutilized,” said Dmitri Tcherevik, Chief Technology Officer, Progress. “That is why Progress now offers an R&D self-service option for those organizations looking to start on their IIoT journey more quickly and easily than previously possible. R&D teams can use our self-service cognitive cloud-based application to immediately start detecting and predicting anomalies across their industrial data for fast time-to-insights and more accurate ROA calculations.”

    The Progress DataRPM application uses cognitive techniques and advanced machine learning and meta learning-based algorithms to identify and predict anomalies, often before they occur in the production environment. Meta-learning, a subset of machine learning, is a set of algorithms that teach computers how to self-learn in difficult Industrial IoT big data environments. DataRPM anomaly detection and prediction option provides fast, repeatable, scalable and highly interpretable results by analyzing highly complex sensor data in minutes, reducing equipment failures and increasing output quality and yield.

    For more information about Progress DataRPM, go to www.progress.com/datarpm.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostSolgari Forum WebRTC meeting service released to make online meetings simple to use & to meet GDPR & MiFID II compliance requirements
    Next Top Stories PostUnify Named a Leader in Aragon Research GlobeTM for Mobile Collaboration, 2018