Back to top

Image: Bigstock

Sensata (ST) Partners With Nanoprecise to Launch IoT Sensor

Read MoreHide Full Article

Sensata Technologies (ST - Free Report) announced a wireless 6VW multi-modal IoT sensor in collaboration with Nanoprecise. The new solution uses multi-modal sensor and AI-driven analysis to monitor rotary assets for problems and provide valuable insights to plant management.

The new wireless sensors can be installed in a wide range of existing rotary products — including motors, pumps, blowers, fans or compressors.

The 6VW sensor series has a self-installation feature, with a mobile app for device configuration that takes less than five minutes to set up and install, per the company. The installation requires no changes to the company’s existing hardware or control platforms.

The Sensata IQ platform provides real-time insights from the new wireless 6VW series IoT sensor, which can monitor each asset using six sensing modalities — vibration, temperature, acoustic emission, speed, humidity and magnetic flux. Therefore, this helps detect early-stage faults, increase the working life of rotary machine assets and reduce unplanned downtime to a great extent.

Sensata uses Nanoprecise’s AI technology to analyze the data for anomalies and then forward it to the Sensata IQ cloud-based platform for further analysis and data visualization.

The Sensata IQ platform uses the information collected before to identify probable defects, assess the asset's remaining usable life, and send alerts to plant management via laptops, tablets and cellphones. The whole process assists plant managers in relying less on manual work and better understanding the health of their assets.

Sensata Technologies is a global industrial technology company that develops, manufactures and sells innovative sensor-based solutions. It is a leading global supplier of electrical protection and power management solutions. The company has business centers in 11 countries, including Japan, China, Korea and Malaysia. It also operates under 14 brand names apart from Sensata.

Key Picks:

Sensata Technologies currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader technology space are InterDigital (IDCC - Free Report) , Vishay Intertechnology (VSH - Free Report) and Pure Storage (PSTG - Free Report) . InterDigital and Vishay Intertechnology currently sport a Zacks Ranks #1 (Strong Buy), whereas Pure Storage carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 5.2% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.

InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 15.6% in the past year.

The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.

Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 16.9% in the past year.

The Zacks Consensus Estimate for Pure Storage’s fiscal 2023 earnings is pegged at 86 cents per share, unchanged in the past 60 days. The long-term earnings growth rate is anticipated to be 30.9%.

Pure Storage’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 99.2%. Shares of PSTG have gained 39.4% in the past year.

Published in