KSB GIW Inc, a leader in the design, manufacture, and application of heavy-duty centrifugal slurry pumps, has announced its successful acquisition of a significant stake of shares in AIMS/PIP360, an electronics designer and specialist in ultrasonic sensors and analysis.
This strategic move marks a significant milestone in the ongoing partnership between the companies, which have previously collaborated on the development of GIW® SLYsight pump wear monitoring technology, the company says.
Established in 2009, PIP360 began with a proof-of-concept wireless pipe wall thickness monitor designed for real-time wear and corrosion tracking. Since then, it has evolved into a predictive maintenance solution, integrating high-resolution ultrasonic sensors and solar-powered wireless data transmission.
Today, PIP360 processes millions of sensor readings annually, primarily for oil and gas clients, transmitting data to a secure cloud where proprietary algorithms analyse and recommend maintenance actions. Its focus on automated erosion and corrosion monitoring, analysis and reporting sets it apart as a leading tool in the industry, the company says.
AIMS/PIP360 systems have been effectively implemented across hundreds of slurry pipelines and products that require wear or corrosion monitoring. In recent years, AIMS/PIP360 has partnered with KSB GIW Inc to develop hardware for GIW SLYsight, a cutting-edge slurry pump wear monitoring technology. GIW SLYsight provides precise data to help operators make efficient, safe internal clearance adjustments, eliminating the guesswork and optimising pump performance. SLYsight sensors measure actual pump wear so maintenance personnel know exactly which parts need attention and when replacements are necessary, extending pump wear life and preventing unexpected outages.
KSB GIW’s acquisition of a significant stake in AIMS/PIP360 will allow for a deeper level of collaboration between the two organisations, significantly enhancing the evolution of GIW SLYsight and other future IIoT products and projects.
“This acquisition marks an exciting new chapter for KSB GIW as we strengthen our partnership with AIMS/PIP360,” Robert Visintainer, Vice President of Engineering and R&D at KSB GIW, Inc, said. “By joining forces, we are uniquely positioned to drive innovation more effectively and accelerate the development of IIoT projects. This strategic move underscores our dedication to growth and our vision to stay on the leading edge of industry advancements. Ultimately, it enables us to deliver enhanced products and solutions that better serve our customers and their evolving needs.”