Andy Bane | IIoT Podcast | Element

Making data work by revealing information when and where it's required

In this episode, Ken Forster talks to Andy Bane, CEO of Element Analytics. Based in Silicon Valley, Element is an industrial analytics software company that makes data work for people, proactively surfacing insight where it's needed most.

Element’s team has decades of experience in real-time industrial systems, enterprise software, large-scale data engineering, and human-computer interaction to make the process of uniting industrial data intuitively fast and trusted. 

Element’s customers collectively represent over $250 billion in market revenue, $230 billion in fixed assets, and 450,000 employees. Element is backed by leading venture firms and industrial companies: Kleiner Perkins, Activate, Ajax Strategies, Forte, Honeywell Ventures, Schneider Electric Ventures, ABB Technology Ventures, Mitsui & Co., Blue Bear Capital, Kerogen Capital, and Evonik Ventures.

Previously, Andy served as EVP and Chief Strategy Officer for ABB Enterprise Software, EVP of Product Management and CMO at Ventyx, and VP of Operations and Marketing at Global Energy Decisions. Andy has overseen dozens of new product launches spanning enterprise applications, automation and control systems, and analytical applications for asset-intensive industries. Andy earned his BA at the University of Colorado, Boulder.

Discussion Points:

• What would you consider to be your ‘Digital Thread’?
• What attracted you to Global Energy Decisions?
• What do you consider to be your top three Digital Industry insights from your extensive time commitment at ABB?
• Tell us about the company's beginnings. What problem did you set out to solve, and for whom did you set out to solve it?
• What were some of your most significant use cases and victories?
• How do you determine whether a business is ready to implement your solution?
• What do you believe you've achieved in terms of industrial IoT adoption since you joined Element in 2015?
• What do you see for industrial IoT in the next five years?