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Energy · head to head

Novity vs Petasense

Novity logo

Novity

Energy

Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment

From
On request
Rated
-
Full reviewWebsite
Petasense logo

Petasense

Manufacturing

Wireless vibration and asset reliability monitoring, now owned by AssetWatch

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Novity novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.; Petasense petasense is now owned by AssetWatch, whose business is monitoring delivered as a managed service, so a buyer wanting self-service software should get the delivery model written into the contract rather than assume it.
  • They diverge on capability: Novity covers TruPrognostics engine, Petasense covers Vibration Mote.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and Petasense actually diverge.

Attributes where Novity and Petasense differ
AttributeNovityPetasense
PlatformsWeb, CloudWeb, Cloud, iOS, Android
CategoryEnergyManufacturing

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Novity

  • TruPrognostics engine
  • Cold-start modelling
  • Fault mode diagnosis
  • Remaining useful life
  • Existing sensor reuse
  • Recommended actions
  • Historian connectors
  • Asset class libraries

Only in Petasense

  • Vibration Mote
  • Transmitter range
  • ARO cloud
  • VFD-specific monitoring
  • Reliability workflow
  • Mixed wired and wireless

What people use each for

The jobs each tool is most often brought in to do.

Novity

  • A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot Petasense
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot Petasense
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot Petasense
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot Petasense

Petasense

  • A reliability team wanting continuous vibration data on assets currently covered by a quarterly walkaround routenot Novity
  • A plant with variable frequency drive assets where generic vibration analytics produce too many false alarmsnot Novity
  • Mixing battery sensors on accessible pumps with wired sensors on the handful of assets that would stop productionnot Novity
  • A manufacturer with no in-house vibration analyst that wants the analysis delivered as a service rather than as a dashboardnot Novity

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Novity

  • Novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • Physics-based models must be configured per equipment class, so each new asset type is an engineering engagement rather than a configuration screen, and rollout speed is limited by Novitys own capacity.
  • Prognostics depend on the quality and sampling rate of your historian data; plants recording ten-minute averages will not get useful remaining-useful-life estimates without new instrumentation.
  • Nothing about pricing is published and there is no self-service entry point, so evaluation always starts with a sales-led pilot on a handful of assets.
  • The deployment footprint is concentrated in oil and gas, LNG and water, so reference customers and pre-built asset models outside those industries are limited.

Petasense

  • Petasense is now owned by AssetWatch, whose business is monitoring delivered as a managed service, so a buyer wanting self-service software should get the delivery model written into the contract rather than assume it.
  • Hardware is required per measurement point and gateways are required per area, so the up-front capital for a plant-wide deployment is substantial and separate from the subscription.
  • Per-asset subscription pricing scales linearly, which makes full coverage of a large population of low-value motors uneconomic compared with route-based monitoring.
  • Nothing is published on sensor cost, subscription rate, gateway requirements or contract length, so a total cost of ownership figure requires a full sales engagement before you can compare it against anything.
  • Battery-powered wireless sensors trade measurement richness for battery life, so the sampling rate and resolution are lower than a wired analyser would give, which limits diagnosis of high-frequency bearing defects on critical machines.

Pricing, plan by plan

Novity

On request
  • TruPrognostics$undefined/year
    • Quoted per asset class and monitored equipment count
    • Model configuration and commissioning quoted as a project
    • Typically an annual subscription tied to a pilot then a rollout

Petasense

On request
  • Petasense ARO$undefined/year
    • Subscription priced per monitored asset
    • Vibration Mote or Transmitter hardware required per measurement point
    • Gateway hardware required for wireless deployments

Which should you pick?

Choose Novity if

  • You need truprognostics engine.
  • You work on Web, Cloud.
  • You also want cold-start modelling.
Novity review

Choose Petasense if

  • You need vibration mote.
  • You work on Web, Cloud, iOS, Android.
  • You also want transmitter range.
Petasense review

Questions people ask

Is Novity or Petasense better?
Neither clearly leads. Novity starts at On request and Petasense at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or Petasense?
Novity starts at On request and Petasense at On request.
Does Novity or Petasense run on more platforms?
Novity runs on Web, Cloud. Petasense runs on Web, Cloud, iOS, Android.
What is Novity best used for?
Novity is most often used for a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround, an lng terminal with critical compressors and no run-to-failure history to train a conventional model, a wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizon, a generator operator supplying data centre load where an unplanned trip carries contractual penalties. Of those, a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround and an lng terminal with critical compressors and no run-to-failure history to train a conventional model are not what Petasense is typically brought in for.
What can Novity do that Petasense cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. Petasense covers Vibration Mote, Transmitter range, ARO cloud, VFD-specific monitoring.

Answered from the vendors’ own pages

Novity: What does Novity actually output?

A named failure mode and an estimated remaining useful life with a confidence band, not just an anomaly alert.

Petasense: Is Petasense still a separate product?

Yes. It trades under its own name with its own product line, but the owner since January 2024 is AssetWatch.

Novity: Do we need failure history to train it?

No. The physics component is what lets it produce useful prognostics on equipment with little or no run-to-failure data.

Petasense: Do I have to buy Petasense hardware?

Yes. The platform is built around its own Motes and Transmitters; it is not a bring-your-own-sensor analytics product.

Novity: Do we need new sensors?

Often not. It reads from your existing historian, but low sampling rates or missing measurements can require additional instrumentation.

Petasense: Can I get monitoring as a service?

Yes, through parent AssetWatch, whose model is condition monitoring engineers reviewing your data. Clarify which model your quote covers.

Novity: Who backs the company?

It was spun out of Xerox PARC and took a strategic investment from Acario Innovation, the venture arm of Tokyo Gas, in 2026.

Petasense: How is it priced?

Per monitored asset on subscription, plus sensors and gateways. Nothing is published.

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