Presenso announced that Siemens has chosen the company to partner with it for Artificial Intelligence and Machine Learning application to bolster the latter’s Predictive Asset Maintenance capabilities. Presenso will support Siemens’ Operations & Maintenance (O&M) services by combining its Industrial Analytics Solution with Siemens’ Remote Diagnostic Services portfolio of tools. Both the companies expect that this partnership with fuse Original Equipment manufacturers with data, benefitting Siemens’ customers.
“I’m delighted to see how the combination of Siemens’ next generation sensors and Presenso’s advanced Automated Machine Learning technology will provide great benefits to our customers,” outlines Thorbjörn Fors, CEO of Gas and Power Service Distributed Generation and Oil & Gas.
Presenso will leverage Machine Learning to process raw data occurring from Siemens’ machines and sensors. The vast amount of data is analyzed through an Automated Machine Learning or AutoML process to filter out anomalies that predict an asset failure in the future.
“We are excited to partner with a world-class industry leader such as Siemens and to collaborate towards a joint digital vision for the Distributed Generation and Oil & Gas industry,” says Eitan Vesely, Presenso CEO.
Presenso CTO, Deddy Lavid adds “As AutoML gains recognition as the leading solution for quick deployment and cost-efficient scaling of industrial analytics, Presenso continues to make a significant investment in this technology.”
Both the companies are integrating this technology in capital-intensive industries such as mines or oil rigs, globally. Presenso and Siemens’ intend to safeguard the health of machinery and achieve downtime reduction and loss of millions of dollars.
Presenso’s Industrial Analytics tools are powered by AI for predictive maintenance leveraging data science subsets such as Automated Machine Learning (AutoML). The technology is available for industry professionals responsible for inventory maintenance and facilitates precise machiner assessment without the help of Big Data Experts. Presenso has rolled-out the feature for both, OEMs and individuals who operate their own equipment.