AI out of the box
Described as "manufacturing's first out-of-the-box analytics company", US-based MachineMetrics is coming to HANNOVER MESSE 2019. Its goal is to show just how comprehensively production can be optimized using digitization and, more importantly, the artificial intelligence (AI) it makes possible.
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Headquartered in Northampton, Massachusetts, MachineMetrics developed the first AI-driven predictive analytics platform for the mechanical engineering sector. In 2018, the company won the IoT Breakthrough Award in the "Smart Manufacturing Solution" category. As out-of-the-box applications, its Industry 4.0-capable solutions can be pressed into service straight away, providing edge connectivity, real-time visibility, in-depth production analyses and AI-based predictive maintenance suggestions to help boost the productivity and efficiency of a machine park.
By exhibiting at HANNOVER MESSE 2019, the developers from MachineMetrics now aim to show how - by simplifying the Industrial IoT- they can help companies using their solution to make better decisions on the basis of digitized machine data. Having recently raised 11.3 million US dollars in Series A financing, the company is currently planning to expand its data science and product development teams. It is also working to accelerate global sales, and, as a trade fair with a global reach, HANNOVER MESSE offers the ideal springboard for exactly that. "Now is the internet moment for manufacturing," says William Bither, CEO and co-founder of MachineMetrics. "Because we're pulling data from thousands of machines, we're able to gain a unique understanding of their problems. These insights are delivered back to our customers so they can take action to gain a competitive edge."
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