TrendMiner Wins Frost & Sullivan’s 2023 Global Product Leadership Award
Recognized in the category of industrial analytics for helping process engineers extract valuable insights from operational data
TrendMiner, a Software AG company, has been awarded the 2023 Global Product Leadership Award by Frost & Sullivan. The recognition celebrates TrendMiner’s innovative approach to creating a user-friendly IIoT solution that enables operational experts to make data-driven decisions and optimize performance in pursuit of business, environmental, and safety ambitions.
The rigorous evaluation process involved a detailed evaluation of best practices criteria across two dimensions for each nominated company. In this regard, TrendMiner excelled in many of the criteria in the industrial analytics solutions space.
“TrendMiner is a leading process-mining and time-series analytics software provider with a solid reputation for delivering innovative solutions, enabling customers to optimize their operations and drive business performance. It maintains a culture of innovation, driven by a strong team and a focus on advancing the industry,” said Samantha Fisher, Best Practices Research Analyst at Frost & Sullivan.
Leader in Industrial Analytics
TrendMiner’s software enables process and asset experts to evaluate operational data without the need for data science training. TrendMiner has specific expertise in the development and consultation of pattern recognition and analytics functionality for the chemical, oil & gas, energy, water, food & beverages, and other process manufacturing sectors. Its customer base includes many global leaders such as Total Energies, BASF, Bayer, LANXESS, BHP, Umicore, and Pfizer. The company also covers 50% of the top 50 chemical industry companies as customers.
TrendMiner recently released two powerful new versions that were game-changers for its users. The first, known as TrendMiner NextGen, was created from thousands of customer feedback responses. The fall release included the all-new MLHub, which built on existing Python notebooks integrations to foster collaboration between operations and data science teams. These improvements are just a few examples of TrendMiner’s commitment to innovation and its mission to democratize data for everyone.
According to Sebastian Trolli, Senior Industry Analyst, Industrial Technologies, Frost & Sullivan:
“TrendMiner’s plug-and-play software, which is available as-a-service, on-premises, or private cloud, adds immediate value following deployment. It eliminates expensive investments in Big Data infrastructure and long implementation projects.”
About the Award
Frost & Sullivan presents this award to the company each year that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables. Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.
Read the official press release from Frost & Sullivan.