Friedhelm Loh Group invests in start-up for processing and analyzing industrial data

Three Friedhelm Loh Group companies, Rittal, German Edge Cloud and IoTOS, along with Bosch Connected Industry, are collaborating to offer what they say is the first complete solution for integrating, harmonizing and analyzing industrial production data.

Following the 100 percent acquisition of German Edge Cloud, the IoTOS start-up now also belongs to the Friedhelm Loh Group.

“Data is the new raw material,” Dr. Friedhelm Loh said back in 2016 when laying the foundation stone for Rittal’s new factory in Haiger, Germany. The world’s most advanced automated and digitally integrated production of small and compact enclosures is currently being started up and already generating 18 terabytes of data every day.

Oncite is an industrial edge cloud appliance product that Rittal and German Edge Cloud are offering together with IoTOS and Bosch Connected Industry.

Oncite, the industrial edge cloud appliance product that Rittal and German Edge Cloud are offering together with IoTOS and Bosch Connected Industry, is “the answer to the question of how industrial manufacturing customers will be able to quickly and easily deal with the increasing complexity of processing production data in the future,” says Loh, owner and chairman of the board of the group of companies.

“With the digitalization scheme launched by VW and BMW, the automotive industry has been the first sector to demand complete data availability from the manufacturing industry along the entire supply chain. Others will follow. Medium-sized companies have to get ready for these future requirements today.”

Oncite consists of edge cloud infrastructures (IaaS) based on flexibly scalable edge cloud Rittal data centres, platforms for data analysis (PaaS) and industry-specific AI applications (SaaS) including full service. IoTOS offers software solutions, such as for networking devices and machines, as well as real-time analytics and the traceability of all components in the supply chain. “Our goal is to give our customers transparency across the entire value chain, increase their productivity, cut maintenance costs and at the same time to implement digitalized business models”, says Dieter Meuser, managing director of IoTOS: “We are pleased to now be part of a strong group that is a recognized leader in developing solutions for the digitization of small and medium-sized businesses.”

The Friedhelm Loh Group is taking over IoTOS, a start-up based in Limburg, Germany. The company offers software solutions, for example for networking devices and machines, as well as real-time analytics and the traceability of all components in the supply chain.

Rittal, German Edge Cloud, IoTOS and Bosch Connected Industry are jointly offering Oncite.