TDK introduces edgeRX: The future of industrial machine health monitoring
Rhea-AI Summary
TDK (TSE: 6762) has launched TDK SensEI edgeRX, an advanced machine health monitoring platform that combines AI, edge computing, and sensor devices for industrial maintenance. The out-of-the-box solution provides real-time monitoring, predictive maintenance insights, and actionable alerts.
Key features include a complete platform with advanced sensors, gateway, dashboard, and AI integration, automated data collection, smart detection capabilities, and customizable alerts. The platform aims to maximize uptime and reduce maintenance costs in manufacturing environments.
The Predictive Maintenance (PdM) market is projected to reach USD 13+ billion in 2025, with a CAGR of +35% over the next 5 years. This growth is driven by AI adoption and Industry 4.0 acceleration. The edgeRX platform, launched following TDK SensEI's mid-2024 establishment, offers manufacturers an accessible solution to implement AI-driven machine health monitoring.
Positive
- Launch of innovative AI-powered machine health monitoring platform
- Entry into fast-growing PdM market projected at $13B+ by 2025
- Product leverages TDK's existing expertise in sensors and components
- Solution requires minimal setup, reducing implementation costs
Negative
- Entering highly competitive Industry 4.0 market
- Success depends on manufacturing sector adoption rates
News Market Reaction
On the day this news was published, TTDKY gained 2.71%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
edgeRX is an advanced machine health monitoring platform that leverages the power of AI on edge sensor devices. By integrating advanced AI algorithms, edge computing, and powerful sensor devices, edgeRX provides real-time machine health monitoring, predictive maintenance insights, and actionable alerts directly on machines.
edgeRX is a comprehensive, out-of-the-box solution which eliminates the need for extensive setup or specialized integration, allowing reliability engineers, maintenance technicians, and plant managers to quickly deploy and benefit from advanced machine monitoring capabilities. By proactively identifying potential issues before they escalate. edgeRX maximizes uptime, reduces maintenance costs, and enhances overall operational efficiency, making it an indispensable tool in modern manufacturing environments.
Supported by TDK's extensive history in sensors and components, TDK is well-positioned to build and enhance the edgeRX platform, ensuring best-in-class performance and reliability. With decades of innovation and expertise, TDK Corporation has been a global leader in electronic components, sensors, batteries, and materials technology. TDK's rich legacy of pioneering advancements in these fields provides a strong foundation for the development of cutting-edge solutions like edgeRX.
Key features of edgeRX include:
- Complete Platform: Advanced sensors, gateway, dashboard, and AI are all included
- Easy Data Collection: A highly adaptable system that collects data automatically
- Smart Detection: Multi-class automated operation label detection
- Accurate Monitoring: Advanced methods that classify and detect any issues in an operation
- Customizable Alerts: Adjustable sensitivity parameters such as anomaly detection frequency
- Quick Response: Fast and efficient methods to take immediate action when needed
- Continuous Monitoring: Real-time tracking identifies, predicts, and prevents degradation/failure
- Smooth Integration: Seamless data collection, model development, and deployment
The current state of machine health monitoring is rapidly advancing beyond legacy CbM (Condition Based Monitoring) toward PdM (Predictive Maintenance). PdM leverages advanced technologies such as AI, IoT, and sensor fusion to monitor the health of equipment in real-time, providing predictive insights that lead to reduced downtime and higher production output. According to recent reports, the market size for PdM is growing rapidly and is projected to reach
"When we decided to launch TDK SensEI mid-2024, edgeRX is exactly the type of innovative product that we envisioned the team bringing to market. We believe edgeRX marks a pivotal moment in the manufacturing industry as edgeRX is the perfect product to solve everyday maintenance related issues with easy to implement AI" stated Noboru Saito, President, and CEO of TDK Corporation.
"Maintaining optimal machine health is crucial in industrial manufacturing operations to keep maintenance costs low and production output high. AI is a crucial ingredient to achieve optimal machine health, however manufacturers have historically struggled to implement AI," said Sandeep Pandya, CEO, TDK SensEI, a TDK group company. "The edgeRX platform offers an out-of-the-box experience to solve the AI challenge and accelerate manufactures ability to achieve optimal machine health. Which is why we're so excited to announce edgeRX to the industrial world."
Glossary
- Edge Computing: A technology that processes data close to where it is generated (at the "edge" of the network), reducing latency and bandwidth usage compared to cloud computing
- PdM (Predictive Maintenance): A maintenance strategy that uses data analysis and predictive algorithms to anticipate equipment failures before they occur, allowing for timely maintenance and minimizing downtime
- CbM (Condition-Based Monitoring): A monitoring technique that continuously assesses the condition of equipment using real-time data, enabling maintenance decisions based on the actual health of the machinery rather than on predetermined schedules
Main Applications
- Industrial IoT for manufacturing
- Condition-based monitoring, predictive maintenance, prescriptive maintenance
- Enterprise Machine Learning and Advanced Analytics platform
Main Features and Benefits
- Real-Time Monitoring: Provides continuous oversight of machine health, allowing for immediate detection of potential issues and minimizing downtime
- Predictive Maintenance Insights: Uses advanced AI algorithms to predict maintenance needs before failures occur, reducing unexpected breakdowns and maintenance costs
- Actionable Alerts: Sends real-time notifications and alerts to reliability engineers and plant managers, enabling swift and informed decision-making
- Comprehensive Out-of-the-Box Solution: Eliminates the need for extensive setup or specialized integration, allowing for quick and hassle-free deployment of the monitoring system
- Seamless Integration: Integrates smoothly with existing systems, ensuring a streamlined process from data collection to model development and deployment, enhancing overall operational efficiency
About TDK Corporation
TDK Corporation is a world leader in electronic solutions for the smart society based in
About TDK SensEI
TDK SensEI (Sensor Edge Intelligence)focuses on developing smart platform solutions that integrate TDK's advanced sensor systems, sophisticated software design, and machine learning expertise. These platforms bring together our hardware components—ranging from motion, magnetic, microphone, and current sensors to temperature and battery/energy harvesting solutions—with our software and edge AI technologies. The result is a powerful fusion of hardware and intelligence that creates actionable insights, enabling predictive maintenance and performance optimization.
You can download this text and associated images from: sensei.tdk.com/edgerx-press-release
For more information about the product, please visit: www.sensei.tdk.com/edgerx
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Contacts for regional media
Region | Contact | Phone | ||
Global | Mr. Kyle ARNOLD | TDK | +1 704 779-0627 | Kyle.Arnold@tdk.com |
North | Mr. Michael JOHNSTON | TDK Sensei | +1 408 348-8325 | Michael.Johnston@tdk.com |
Mr. Katsumi HOASHI | TDK Sensei Japan | +81 47-378-9954 | Katsumi.Hoashi@tdk.com | |
Mr. Jie BING | TDK Sensei China | +186 2196-1973 | Jie.Bing@tdk.com |