Industrial artificial intelligence

Arundo and Worley Launch New AI Software Company: DataSeer

Retrieved on: 
Monday, February 8, 2021

Integrating industrial engineering with machine learning, the DataSeer software enables end users to extract data and digitize their industrial diagrams seamlessly.

Key Points: 
  • Integrating industrial engineering with machine learning, the DataSeer software enables end users to extract data and digitize their industrial diagrams seamlessly.
  • We are excited to see customers impressed with an AI application that solves real problems and increases productivity.
  • Unlike most Industrial AI solutions that require integration and configuration, DataSeer is an out-of-the-box B2C software.
  • DataSeer will continue to be an important part of the offering from Arundo, said Wayne Purboo, Executive Chair of Arundo.

E Source expands data science and AI capabilities with acquisition of StrategyWise

Retrieved on: 
Tuesday, July 21, 2020

This acquisition is the latest in a series of investments over the past year designed to expand E Sources data science and AI capabilities.

Key Points: 
  • This acquisition is the latest in a series of investments over the past year designed to expand E Sources data science and AI capabilities.
  • With the acquisition of StrategyWise, as well as the recent acquisition of TROVE Predictive Data Science, E Source has become a leader in utility-focused data science, predictive analytics, and machine-learning solutions.
  • StrategyWise is a perfect complement to our data science division, says E Source CEO Wayne Greenberg.
  • Acquiring StrategyWise will enhance our ability to apply predictive data science and AI to opportunities that accelerate speed to value for our clients.

Industrial AI Company, Veros Systems, Closes Series C Funding

Retrieved on: 
Thursday, June 11, 2020

AUSTIN, Texas, June 11, 2020 /PRNewswire/ -- Veros Systems ("Veros"), a leading industrial artificial intelligence company, today announced the close of a $2.2M Series C financing.

Key Points: 
  • AUSTIN, Texas, June 11, 2020 /PRNewswire/ -- Veros Systems ("Veros"), a leading industrial artificial intelligence company, today announced the close of a $2.2M Series C financing.
  • Veros uses electrical data, alone, to monitor the health and performance of industrial machinery.
  • Veros will use Series C capital to expand its installed base and capabilities for Cloud computing.
  • "Veros is working to allow industrial motors to talk," says Jim Dechman, Veros president & CEO.

Artificial Intelligence in the Global Homes & Buildings Industry, Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 4, 2020

The "Artificial Intelligence in the Global Homes & Buildings Industry, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Artificial Intelligence in the Global Homes & Buildings Industry, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Homes & buildings is a technology-driven industry that is witnessing innovation at a rapid pace, especially in Artificial Intelligence (AI) through machine learning and deep learning capabilities.
  • This study identifies the top AI applications in the homes & buildings industry offering growth opportunities to participants in different verticals and countries.
  • The main purpose of the study is to analyse the current and future AI-based applications in the homes & buildings industry.

VANTIQ, RoviSys Partnership Expedites Development of Applications to Counter COVID-19 In Industrial Environments

Retrieved on: 
Thursday, May 28, 2020

RoviSys is a leading independent, global provider of comprehensive process automation, systems integration and building automation solutions.

Key Points: 
  • RoviSys is a leading independent, global provider of comprehensive process automation, systems integration and building automation solutions.
  • "Our customers need tools that help get operations back up and running as soon as possible," said Bryan DeBois, Director, Industrial AI at RoviSys.
  • The relationship between RoviSys and VANTIQ to rapidly build these mission-critical applications and systems for the industrial space is important today and in the foreseeable future."
  • "We're excited to work with RoviSys to build customized applications for specific industrial needs, using the VANTIQ platform to enable lightning-fast development for real-time, real-world environments."

SparkCognition Announces Interactive Virtual AI Series, Time Machine 2020 AI Sessions

Retrieved on: 
Monday, May 18, 2020

AUSTIN, Texas, May 18, 2020 /PRNewswire/ -- SparkCognition , the world's leading industrial artificial intelligence (AI) company, is pleased to announce it will be hosting its first free virtual interactive session, as part of Time Machine 2020 AI Sessions on June 9.

Key Points: 
  • AUSTIN, Texas, May 18, 2020 /PRNewswire/ -- SparkCognition , the world's leading industrial artificial intelligence (AI) company, is pleased to announce it will be hosting its first free virtual interactive session, as part of Time Machine 2020 AI Sessions on June 9.
  • Under the umbrella of its annual AI and future technology conference, Time Machine , SparkCognition is producing a series of virtual events in an immersive environment featuring thought leadership, demos, and live question and answer sessions with top minds across multiple industries.
  • In a virtual environment, attendees will explore how AI, machine learning, and other emerging technologies play a critical role in the fight against COVID-19 and future health crises.
  • The online experience tackles global problems and addresses how leadership teams can leverage AI to drive their businesses forward during uncertain times.

 Celonis Puts AI to Work with Launch of New Operational Applications

Retrieved on: 
Tuesday, April 28, 2020

Celonis Operational Applications combine Celonis market-leading process mining engine with business context, AI, and automation to sense friction in processes and take intelligent action to optimize business operations for the desired outcome.

Key Points: 
  • Celonis Operational Applications combine Celonis market-leading process mining engine with business context, AI, and automation to sense friction in processes and take intelligent action to optimize business operations for the desired outcome.
  • Operational Applications connect to enterprise systems in real time to put AI to work directly in your operations, so you can react as the market shifts.
  • The new portfolio of Operational Applications extends Celonis AI-powered process mining technology to engage people and systems to operate in an outcome-driven manner.
  • The Operational Applications are supported by real-time Data Connectivity, a must-have capability, which Celonis also unveiled as generally available.

Landing AI Named an April 2020 Cool Vendor in the Gartner Cool Vendors in AI Core Technologies

Retrieved on: 
Tuesday, April 21, 2020

PALO ALTO, Calif., April 21, 2020 /PRNewswire/ -- Landing AI , an industrial AI company that provides enterprise transformation programs and solutions with a focus on computer vision, today announced that it has been named a Cool Vendor in the Cool Vendors in AI Core Technologies1report by Gartner, Inc.

Key Points: 
  • PALO ALTO, Calif., April 21, 2020 /PRNewswire/ -- Landing AI , an industrial AI company that provides enterprise transformation programs and solutions with a focus on computer vision, today announced that it has been named a Cool Vendor in the Cool Vendors in AI Core Technologies1report by Gartner, Inc.
  • "Our team is proud to be named a Cool Vendor in Gartner's Cool Vendors in AI Core Technologies report.
  • 1 Gartner, "Cool Vendors in AI Core Technologies," Farhan Choudhary, Arun Chandrasekaran, Jim Hare, Anthony Mullen, Svetlana Sicular, Alexander Linden, 8 April 2020.
  • Landing AI is an industrial AI company that provides enterprise transformation programs and solutions with a focus on computer vision.

Yokogawa Acquires Danish Startup Grazper Technologies, Specialists in AI for Image Analytics

Retrieved on: 
Wednesday, March 25, 2020

Yokogawa Electric Corporation (TOKYO: 6841) announces that on March 20, 2020, it completed the acquisition of all shares in Denmark-based Grazper Technologies ApS (Grazper), as mutually agreed.

Key Points: 
  • Yokogawa Electric Corporation (TOKYO: 6841) announces that on March 20, 2020, it completed the acquisition of all shares in Denmark-based Grazper Technologies ApS (Grazper), as mutually agreed.
  • Grazper has developed advanced artificial intelligence (AI) technologies for analyzing images, and Yokogawa aims to leverage these technologies within its various existing businesses and to develop new industrial AI solutions.
  • Grazper is a venture company founded in Copenhagen, Denmark in 2015, and later funded by Danish venture capital firm Promentum Equity Partners.
  • Through this acquisition and the addition of new technology, Yokogawa will create new value by co-innovating with customers.

SparkCognition and Sight Machine Take Top Spots in ABI Research's Industrial AI Competitive Assessment

Retrieved on: 
Tuesday, March 3, 2020

ABI Research, a global tech market advisory firm, finds SparkCognition and Sight Machine to be the leaders in industrial AI focusing on production process optimization.

Key Points: 
  • ABI Research, a global tech market advisory firm, finds SparkCognition and Sight Machine to be the leaders in industrial AI focusing on production process optimization.
  • The Industrial AI competitive assessment analyzed and ranked seven industrial AI vendors on overall efficiency enhancement, namely Falkonry, FogHorn, Maana, Presenso, Sight Machine, SparkCognition, and Uptake, using ABI Research's proven, unbiased innovation / implementation criteria framework.
  • "While there are many players offering industrial AI solutions, ranging from cloud service providers to system integrators, this competitive assessment focuses on pure-play industrial AI software vendors.
  • These findings are from ABI Research's Industrial AI Platform and Service Provider competitive assessment report.This report is part of the company's Industrial & Manufacturing research service, which includes research, data, and analyst insights.