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Energy · head to head

Novity vs TrendMiner

Novity logo

Novity

Energy

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

From
On request
Rated
-
Full reviewWebsite
TrendMiner logo

TrendMiner

Manufacturing

Search-driven time series analytics for process engineers, now owned by Proemion rather than Software AG

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.; TrendMiner ownership moved from Software AG to Proemion in a 47 million euro sale during the Silver Lake break-up, so the integration roadmap tied to webMethods and Cumulocity is gone and the new owner is far smaller.
  • They diverge on capability: Novity covers TruPrognostics engine, TrendMiner covers Pattern search.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and TrendMiner actually diverge.

Attributes where Novity and TrendMiner differ
AttributeNovityTrendMiner
PlatformsWeb, CloudWeb, Windows, Linux
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 TrendMiner

  • Pattern search
  • Value-based search
  • Monitors
  • Soft sensors
  • Context items
  • Dashboards
  • Machine learning models
  • ContextHub

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

TrendMiner

  • Finding every prior occurrence of a heat exchanger fouling signature to estimate cleaning frequency from history rather than from a rule of thumbnot Novity
  • Comparing golden batches against off-spec ones in a pharmaceutical process without exporting to a data science teamnot Novity
  • Building a monitor that flags the early temperature signature that preceded the last three compressor tripsnot Novity
  • Giving a process engineer a way to answer a question in an afternoon that previously required a historian export and a spreadsheet weeknot 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.

TrendMiner

  • Ownership moved from Software AG to Proemion in a 47 million euro sale during the Silver Lake break-up, so the integration roadmap tied to webMethods and Cumulocity is gone and the new owner is far smaller.
  • It is built for continuous time series and handles discrete manufacturing, relational quality data and event-driven production poorly, so plants that are not continuous process get limited value.
  • Value depends entirely on historian data quality and tag naming; sites with inconsistent tag descriptions and missing asset context spend months on data preparation before the search features are usable.
  • Licensing is by named analyst user, and the population who genuinely use pattern search is small, so organisations that buy broadly pay for seats that log in occasionally.
  • It reads history but does not fix it: there is no data collection layer, so an existing historian is mandatory and TrendMiner is always an additional cost on top of it.

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

TrendMiner

On request
  • TrendMiner$undefined/year
    • Annual subscription sized by named users and connected historian tag volume
    • Separate licence tiers for full analyst users and view-only dashboard consumers
    • Historian connectors quoted per source system

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 TrendMiner if

  • You need pattern search.
  • You work on Web, Windows, Linux.
  • You also want value-based search.
TrendMiner review

Questions people ask

Is Novity or TrendMiner better?
Neither clearly leads. Novity starts at On request and TrendMiner at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or TrendMiner?
Novity starts at On request and TrendMiner at On request.
Does Novity or TrendMiner run on more platforms?
Novity runs on Web, Cloud. TrendMiner runs on Web, Windows, Linux.
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 TrendMiner is typically brought in for.
What can Novity do that TrendMiner cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. TrendMiner covers Pattern search, Value-based search, Monitors, Soft sensors.

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.

TrendMiner: Who owns TrendMiner now?

Proemion, a German industrial analytics company backed by Battery Ventures, which bought it from Software AG for 47 million euros in 2024.

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.

TrendMiner: Does it replace my historian?

No. It connects to PI, IP.21, PHD, Exaquantum and others and reads from them. The historian remains the system of record.

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.

TrendMiner: Do I need a data scientist to use it?

No, and that is the point. The pattern search and soft sensor tooling are aimed at process engineers with no coding background.

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.

TrendMiner: Is pricing per user?

Yes, largely, with tiers for analyst and view-only access plus charges for historian connectors and data volume.

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