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Energy · head to head

Novity vs PROGNOST Systems

Novity logo

Novity

Energy

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

From
On request
Rated
-
PROGNOST Systems logo

PROGNOST Systems

Manufacturing

SIL 3 rated online monitoring and diagnostics for reciprocating compressors

From
On request
Rated
-

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.; PROGNOST Systems nothing about price is published, and because the system is instrumented per machine train, there is no per-point comparison that lets a buyer benchmark it against general-purpose condition monitoring.
  • They diverge on capability: Novity covers TruPrognostics engine, PROGNOST Systems covers Segmented vibration analysis.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and PROGNOST Systems actually diverge.

Attributes where Novity and PROGNOST Systems differ
AttributeNovityPROGNOST Systems
PlatformsWeb, CloudWindows, On-premise
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 PROGNOST Systems

  • Segmented vibration analysis
  • Dynamic rod position
  • Online pV diagram
  • Dynamic rod load
  • SIL 3 machine protection
  • Damage pattern library
  • PROGNOST-Predictor
  • Remote expert service

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 PROGNOST Systems
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot PROGNOST Systems
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot PROGNOST Systems
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot PROGNOST Systems

PROGNOST Systems

  • A refinery hydrogen recycle compressor where an unplanned trip costs more per day than the monitoring systemnot Novity
  • Replacing a separate protection system and a separate condition monitoring system with one SIL 3 rated installationnot Novity
  • Gas transmission stations needing valve and rider ring wear diagnosis without opening the machinenot Novity
  • A plant moving reciprocating compressors from time-based overhaul to condition-based intervals with evidence a regulator will acceptnot 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.

PROGNOST Systems

  • Nothing about price is published, and because the system is instrumented per machine train, there is no per-point comparison that lets a buyer benchmark it against general-purpose condition monitoring.
  • Installation requires proximity probes, rod position sensors and pressure instrumentation on the machine, which usually means a planned outage and mechanical work before any data exists.
  • The value is concentrated in reciprocating compressors; for general rotating equipment across a whole plant it is a far more expensive route than a broad vibration programme.
  • SIL 3 certification brings the configuration into functional safety scope, so changes to thresholds and logic go through management of change rather than being adjusted by a reliability engineer.
  • The company is small and German-based, so response times and spares logistics for remote sites depend on a partner network rather than a global direct service organisation.

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

PROGNOST Systems

On request
  • PROGNOST-NT$undefined/year
    • Priced per machine train as an instrumented system
    • Sensors, proximity probes, rod position and pressure instrumentation included in scope
    • Installation typically requires a machine outage for probe fitting

Which should you pick?

Choose Novity if

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

Choose PROGNOST Systems if

  • You need segmented vibration analysis.
  • You work on Windows, On-premise.
  • You also want dynamic rod position.

Questions people ask

Is Novity or PROGNOST Systems better?
Neither clearly leads. Novity starts at On request and PROGNOST Systems at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or PROGNOST Systems?
Novity starts at On request and PROGNOST Systems at On request.
Does Novity or PROGNOST Systems run on more platforms?
Novity runs on Web, Cloud. PROGNOST Systems runs on Windows, On-premise.
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 PROGNOST Systems is typically brought in for.
What can Novity do that PROGNOST Systems cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. PROGNOST Systems covers Segmented vibration analysis, Dynamic rod position, Online pV diagram, Dynamic rod load.

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.

PROGNOST Systems: Does it replace the compressor protection system?

It can. PROGNOST-NT is SIL 3 rated for machine protection, which is the main reason sites choose it over advisory-only monitoring.

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.

PROGNOST Systems: Can it be retrofitted to an existing compressor?

Yes, but fitting rod position and internal instrumentation generally needs a machine outage.

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.

PROGNOST Systems: Does it work on centrifugal machines?

PROGNOST offers products for general rotating equipment, but the differentiated diagnostics are for reciprocating compressors.

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.

PROGNOST Systems: Is it available on new Burckhardt machines?

Yes, Burckhardt Compression offers PROGNOST-NT as a factory-fitted condition monitoring option.

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