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Energy · head to head

Novity vs Waites Sensor Technologies

Novity logo

Novity

Energy

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

From
On request
Rated
-
Full reviewWebsite
Waites Sensor Technologies logo

Waites Sensor Technologies

Manufacturing

Wireless multi-point vibration and temperature monitoring sold as a monitored service, not software

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.; Waites Sensor Technologies the radio protocol, gateways, sensors and analytics are a single proprietary stack, so the hardware investment cannot later be redirected at a different analytics vendor.
  • They diverge on capability: Novity covers TruPrognostics engine, Waites Sensor Technologies covers Multi-point nodes.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and Waites Sensor Technologies actually diverge.

Attributes where Novity and Waites Sensor Technologies differ
AttributeNovityWaites Sensor Technologies
PlatformsWeb, CloudWeb, 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 Waites Sensor Technologies

  • Multi-point nodes
  • Full-spectrum vibration
  • Long-range radio
  • Long battery life
  • High-temperature variant
  • Machine learning analysis
  • Analyst review
  • Stainless steel housing

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

Waites Sensor Technologies

  • A plant instrumenting hundreds of motor and pump trains where six-point nodes cut the battery and radio maintenance burdennot Novity
  • A food processing site needing washdown-rated wireless sensors that survive daily sanitationnot Novity
  • Monitoring high-temperature equipment where conventional wireless sensors fail before the bearing doesnot Novity
  • A reliability team with no in-house vibration analyst that needs findings, not spectra, delivered as a servicenot 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.

Waites Sensor Technologies

  • The radio protocol, gateways, sensors and analytics are a single proprietary stack, so the hardware investment cannot later be redirected at a different analytics vendor.
  • No pricing is published while the marketing claims a fraction of competitors cost, so the central claim cannot be verified without entering a sales process.
  • A multi-point node is a single point of failure for six measurement points; when the node or its battery fails, six machines go dark rather than one.
  • Wired accelerometer runs back to the node reintroduce cable routing and mechanical protection work that single-sensor wireless products were meant to eliminate.
  • The company is small and its presence is concentrated in North America, so installation support, spares and analyst coverage outside that region depend on partners rather than direct service.

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

Waites Sensor Technologies

On request
  • Waites condition monitoring$undefined/year
    • Priced per monitored machine or measurement point on an annual programme
    • Hardware, gateways, platform access and analyst review bundled in the programme fee
    • Installation and sensor mounting quoted as a services engagement

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 Waites Sensor Technologies if

  • You need multi-point nodes.
  • You work on Web, iOS, Android.
  • You also want full-spectrum vibration.
Waites Sensor Technologies review

Questions people ask

Is Novity or Waites Sensor Technologies better?
Neither clearly leads. Novity starts at On request and Waites Sensor Technologies at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or Waites Sensor Technologies?
Novity starts at On request and Waites Sensor Technologies at On request.
Does Novity or Waites Sensor Technologies run on more platforms?
Novity runs on Web, Cloud. Waites Sensor Technologies runs on Web, 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 Waites Sensor Technologies is typically brought in for.
What can Novity do that Waites Sensor Technologies cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. Waites Sensor Technologies covers Multi-point nodes, Full-spectrum vibration, Long-range radio, Long battery life.

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.

Waites Sensor Technologies: How many points does one node monitor?

Up to six, using wired accelerometers back to a single wireless node.

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.

Waites Sensor Technologies: Is analyst review included?

Waites includes analyst review in its programme model rather than selling it as separate consultancy, which is the main structural difference from sensor-only vendors.

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.

Waites Sensor Technologies: What is the wireless range?

Around 3,000 feet line of sight, which usually means fewer gateways per plant than short-range mesh alternatives.

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.

Waites Sensor Technologies: Can I export the raw data?

There is an API, but the sensors and radio are proprietary, so the data path runs through the Waites platform.

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