Bit Stew Systems has built the premier platform for handling complex data integration, data analysis, and predictive automation for connected devices on the Industrial Internet. Purpose-built for the Industrial Internet, Bit Stew’s MIx Core™ platform automates data ingestion to dramatically reduce the costs of big data projects and applies machine intelligence to learn patterns in the data to optimize the operational performance of industrial companies. The MIx Director™ Suite runs on the platform to form a seamlessly integrated set of complete solutions for network communications management, industrial control analysis, enterprise systems analysis and other critical functions necessary for the Industrial Internet In 2015, Bit Stew was named to Greentech Media’s Grid Edge 20 list, as one of the top 20 innovators architecting the future of the electric power industry, and as one of the Top 100 Analytics Companies by Forbes Magazine. In 2014, Bit Stew was also recognized on the Gartner Cool Vendors in Energy & Utilities list and as the Frost & Sullivan Entrepreneurial Company of the Year – North American Service Solutions for Utilities. Incorporated in 2009, Bit Stew is a venture-backed private company that is headquartered in Canada with offices in the USA, Australia and Europe.
On November 15, 2016 Bit Stew Systems was acquired by General Electric for $153 million.
|Yaletown Venture Partners, Silicon Valley Bank, GE Ventures, Cisco Investments, BDC Capital Corporation, BDC Capital, Kensington Capital Partners Limited, Yaletown Partners|