We have important news to share with you today — Planet OS has been acquired by Intertrust Technologies Corporation. Below you’ll find the official press release. Yet before you read it, we’d like to take a step back and see how we have come where we are today:
- In 2008, four friends in Estonia designed a new kind of profiling buoy. It was built and deployed in 2009 to the Gulf of Finland, starting to collect data and understand phytoplankton concentration in the area.
- In 2011, after virtually everyone we met in the marine industry said that geospatial data, and specifically oceanographic data, is hard to find, access and process, my friend Kalle Kägi and I decided that we would like to build the world’s first big data platform for ocean data.
- In 2012, Kalle and I invited André Karpištšenko and Raido Pikkar to join us, and we founded a company called Marinexplore, which aimed to deliver on that promise and organize the planet’s ocean data, allowing marine professionals to easily find and access the data they need.
- Over the next years, we developed a suite of solutions to support the commercial marine enterprise solutions with data integration, data management, data visualization, and much more.
- By the end of 2013, we learned that our platform was capable of handling the growing needs of internet-connected devices in the world of Industrial IoT, and that weather and the environment had become increasingly important. To address that market need, in June 2014 we renamed our company Planet OS, borrowing from our data management solution called Marine OS.
- By the end of 2014, we signed our first large customer, Bravante, working with five international oil companies on an environmental survey in North-East Brazil.
- In mid-2015, we started learning about digitalization in renewable energy, and our first project was to integrate data for the second largest offshore wind farm in the world, based off the coast of Wales.
- During these years, we never forgot our mission to democratize open data. After years of iterations with our free services, we launched Public Datahub in the summer of 2016. This provided a single API to access the most popular weather, climate and environmental datasets. We worked together with NOAA, BAERI/NASA, The White House Open Data Roundtable, AWS, and others.
- During 2016 and 2017, we have worked with data from more than 150 wind farms, providing data infrastructure, visualization, monitoring and analytics solutions for the renewables space.
It has been 9 years since we started that buoy project I mentioned. Over the years, we were very fortunate and grateful to find patient investors who believed in our vision and supported us in difficult times. And yet, to be able to grow in the enterprise space, one needs to be well capitalized to take on greater opportunities, and build for the next wave.
Thank you for all of your support over the years, and we look forward to hearing from you.
On behalf of the team at Planet OS, now a part of Intertrust,
Rainer Sternfeld, founder & CEO
Kalle Kägi, co-founder & COO
Intertrust Acquires Planet OS to Expand its Trusted Big Data Platform into Industrial IoT
Planet OS’ Geospatial Big Data Platform to Integrate with Intertrust’s Security, Governance, and Analytics Solutions to Support Applications in Energy, Transportation, and Healthcare
Sunnyvale and Tallinn — August 8, 2017, Intertrust Technologies announced today that it has acquired the assets of Planet OS, a geospatial big data service provider founded in 2012 by Estonian entrepreneurs. Planet OS has built a unique multi-party data platform that has broad application to the Internet of Things (IoT).
By acquiring Planet OS, Intertrust will add its patented data governance technology to the Planet OS platform to enable enterprises to manage highly sensitive data from different sources and protect their intellectual property and proprietary information. The combination of the Planet OS and Intertrust platforms will create a perfect risk management solution for enterprises in markets that simply cannot afford data breaches or misappropriation.
“Planet OS is a highly innovative geospatial big data platform,” said Talal G. Shamoon, Intertrust’s chief executive officer. “Combining Planet OS with Intertrust’s security, risk management and data rights management technologies will allow us to expand our trusted big data capabilities by creating a powerful, multi-party data platform for enterprise-scale, industrial IoT applications.”
Planet OS allows users to manage and visualize multi-format, large-scale data from numerous sources, enabling operators to see patterns and act on analyses that they may have previously overlooked. The platform can reformat data to meet user needs and provide powerful visualization capabilities, and device makers and service providers can go to market with innovative data-driven products in broad markets from self-driving cars and modern public transportation to food security value chain monitoring and healthcare.
“We built Planet OS to help enterprises, government organizations and researchers understand and act on vast amounts of data coming from Internet-connected sensors, so that they can make informed decisions,” said Rainer Sternfeld, founder and chief executive officer of Planet OS. “We are proud that we were able to achieve this goal through our pioneering solutions for geospatial data, and were able to apply these solutions to the energy market. We look forward to expanding our platform inside Intertrust to target all vertical markets.”
Planet OS is currently used by the European energy giant, innogy SE, to manage data coming from their wind assets. Planet OS’ Powerboard™ product is specifically designed to allow operators of renewable energy assets to prepare for future Artificial Intelligence-enabled applications such as predictive maintenance.
The entire Planet OS team will join Intertrust, and Intertrust will expand its engineering operations in Estonia.
“We are very enthusiastic about establishing technology operations in Estonia, which is a hotbed of technology innovation, and a serious source of engineering talent,” Shamoon added. “We look forward to working with the Planet OS team, and to leveraging Estonia’s amazing talent pool in software and secure systems.”
About Intertrust Technologies Corporation
Intertrust provides trusted computing products and services to leading global corporations — from mobile and CE manufacturers and service providers to enterprise software platform companies. These products include the world’s leading digital rights management, software tamper resistance and privacy-driven data platforms for AdTech, DNA storage, and IoT.
Founded in 1990, Intertrust is based in Silicon Valley, with regional offices in London, Mumbai, Tokyo, Seoul, and Beijing. The Company has a legacy of invention, and its fundamental contributions in the areas of computer security and digital trust are globally recognized. Intertrust holds hundreds of patents that are key to Internet security, trust, and privacy management components of operating systems, trusted mobile code and networked operating environments, web services, and cloud computing. Additional information is available at intertrust.com, or follow us on Twitter or LinkedIn.
+1.703.533.9805 or 703.201.3524 (mobile)
Leigh Anne Varney
Varney Business Communication