SymphonyAI Group announces acquisition of Azima Global

May 15, 2019 -- SymphonyAI Group announced its recent acquisition of Azima Global, a provider of machine condition monitoring and asset reliability solutions across several industrial verticals.
SymphonyAI is building a group of companies that use artificial intelligence to transform business enterprises across several markets, including the industrial, retail, consumer, healthcare, financial services, and media sectors. At the core of this is SymphonyAI's artificial intelligence platform, eurekaAI, which drives actionable insights by applying machine learning to large datasets, and on which SymphonyAI has already been developing applications focused on industrial predictive maintenance and process optimization.
Over the past decade, Azima Global has built a suite of cloud-based machine diagnostic and analytic solutions, supported by a team of deep domain experts, that together deliver highly accurate and timely visibility into the condition of industrial assets at scale. The company has been providing these solutions to leading companies in the oil & gas, chemicals, food manufacturing and other industries.
In joining the SymphonyAI Group of companies, Azima Global, renamed Symphony AzimaAI, will develop industry-pioneering products that (i) leverage one a dynamic mechanical fault mode dataset and (ii) combine automated machine condition diagnostic data and plant-level process data, to deliver enterprise-level AI-driven predictive asset health and performance management solutions. These next-generation solutions are intended to represent a new paradigm in industrial IoT and will redefine performance benchmarks in a market segment that has been stalled by the limitations of traditional ERP and CMMS systems.

Check out our free e-newsletters
to read more great articles.
MORE INDUSTRY NEWS
-
Seeq announces achievement of Amazon Web Services (AWS) Industrial Software Competency status
To receive the AWS Industrial Software Competency designation, APN Partners undergo rigorous AWS technical validation related to industry specific...
-
Pepperl+Fuchs Comtrol and Callisto Integration announce strategic partnership
Pepperl+Fuchs Comtrol and Callisto work with each manufacturing customer to deliver initial solutions that have tangible results, and then collect...
-
ST Robotics providing hands-on robotics training to university students
More than 30 other educational institutions have benefited from ST Robotics’ systems. These include: MIT, Cambridge University, Ecole Nationale...
-
Senet announces partnership with Zenseio
Senet has certified the Zenseio LSMP2 - Professional Multi-purpose Telemetry Station, providing the agriculture market with a pre-integrated,...
-
Arena Solutions announces strategic partnership with PRG
This deepened strategic partnership expands PRG’s services for Arena customers that desire assistance or simply have limited internal resources....
RELATED
-
Augmented Intelligence
By Mark Howard, EU Automation
Augmented intelligence is one of the few technologies named on the Gartner Hype Cycle for Emerging Technologies,... -
PLC Programming Preference Survey: Insights & User Comments
By Bill Lydon, Automation.com
The PLCopen organization and Automation.com conducted a joint survey of PLC programming preferences. Here are some... -
ODVA announces enhancements to EtherNet/IP Specification
The published enhancements to The EtherNet/IP Specification outline integration of NAMUR NE 107 diagnostics for process automation into CIP...
-
Robots or Cobots: Which to Choose?
By Jonathan Wilkins, EU Automation
Today’s plant managers are faced with a dearth of automation technologies but it’s not always obvious what... -
IDTechEx Report: Autonomous cars could accout for 4 trillion miles of road travel by 2040
IDTechEx has recently seen competitors joining hands and forming some unlikely-sounding alliances to reduce the cost of autonomous driving...