Predictive maintenance

Odysight.ai Announces Purchase Order for its Predictive Maintenance System for the Israel Air Force Boeing AH-64 Apache Attack Helicopter Prototype

Retrieved on: 
Tuesday, February 20, 2024

The partnership marks a significant milestone, showcasing the integration of our autonomous, visual monitoring and predictive maintenance technology into the world’s leading attack helicopter, setting new standards for aviation safety and operational efficiency.

Key Points: 
  • The partnership marks a significant milestone, showcasing the integration of our autonomous, visual monitoring and predictive maintenance technology into the world’s leading attack helicopter, setting new standards for aviation safety and operational efficiency.
  • There are 2,700 Boeing AH-64 Apache attack helicopters deployed worldwide.
  • Odysight.ai's intelligent monitoring systems utilize advanced computer vision and AI capabilities, and offer unprecedented monitoring solutions.
  • Our technology's predictive and real-time monitoring capabilities minimize the need for extensive disassembly, optimizing operational efficiency and enabling a new dimension of preventive maintenance.

Logistics Automation Market size to grow by USD 20.27 billion from 2023 to 2028- Technavio

Retrieved on: 
Wednesday, January 10, 2024

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- The logistics automation market is expected to grow by USD 20.27 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Jan. 10, 2024 /PRNewswire/ -- The logistics automation market is expected to grow by USD 20.27 billion between 2023 and 2028.
  • The rising adoption of big data in automated logistics technologies is the key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The dry bulk shipping market size is estimated to grow at a CAGR of 4.09% between 2023 and 2028.

Two New Directors Elected to Board of Directors of Odysight.ai

Retrieved on: 
Monday, December 11, 2023

Odysight.ai's board, management and employees extend their thanks to outgoing directors Mr. Shmuel Donnerstein and Mr. Lior Amit for their invaluable contributions to the Company during their service on the board.

Key Points: 
  • Odysight.ai's board, management and employees extend their thanks to outgoing directors Mr. Shmuel Donnerstein and Mr. Lior Amit for their invaluable contributions to the Company during their service on the board.
  • Mr. Schneider was until recently the President and CEO of Embraer Defense & Security, and is presently a Senior Research Scholar at Columbia University in New York.
  • Prior to that Jackson was a visiting Senior Research Fellow at the Department of War Studies at the King’s College London (Non-Resident).
  • Prof. Benad Goldwasser, Executive Chairman of the Board, said, "We are delighted to welcome Mr. Schneider and Ms. Rubin to our board of directors.

SIPAL S.P.A. and Odysight.ai Join Forces to Create Advanced Visual Based Health Monitoring System

Retrieved on: 
Monday, December 4, 2023

The combined system will be based on SIPAL S.P.A.’s leading Head Mounted Display advisory for technical crews and Odysight’s vision based Predictive Health Monitoring (PHM), including advanced AI algorithms and video analytics for Prognostic Health Management applications for aerospace, aviation, and other industry.

Key Points: 
  • The combined system will be based on SIPAL S.P.A.’s leading Head Mounted Display advisory for technical crews and Odysight’s vision based Predictive Health Monitoring (PHM), including advanced AI algorithms and video analytics for Prognostic Health Management applications for aerospace, aviation, and other industry.
  • Mr. Yehu Ofer, CEO of Odysight, stated, “Our collaboration with SIPAL S.P.A. marks a significant milestone in the Health Monitoring Systems (HMS) industry.
  • SIPAL is certain that the combined technological capabilities of the two companies will lead to innovative products and enable technologies that can have a great impact on potential future markets.
  • The combined system will allow direct access to vast data collected during flights and analysis of this data on the ground, which is critical for platform operations.

Global Predictive Maintenance Industry Analysis Report 2023-2030: How AI Will Revolutionize Predictive Maintenance, AI Embedded Sensors Vital for Real-Time Fault Detection & Outsmarting Failure

Retrieved on: 
Thursday, October 26, 2023

DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Predictive Maintenance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Predictive Maintenance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Predictive Maintenance estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$32 Billion by 2030, growing at a CAGR of 24.4% over the analysis period 2022-2030.
  • Cloud, one of the segments analyzed in the report, is projected to record 28.7% CAGR and reach US$18.1 Billion by the end of the analysis period.
  • Growth in the On-Premise segment is estimated at 20.2% CAGR for the next 8-year period.

Eli Israeli Joins Odysight.ai as Chief Technology Officer

Retrieved on: 
Monday, October 23, 2023

OMER, Israel, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (OTCQB: SCTC), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announced today the appointment of Eli Israeli as Chief Technology Officer.

Key Points: 
  • OMER, Israel, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (OTCQB: SCTC), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announced today the appointment of Eli Israeli as Chief Technology Officer.
  • With his wealth of experience Mr. Israeli will be pivotal in helping shape and steer the Company's technological landscape and drive innovation.
  • As CTO, Mr. Israeli will oversee the Company’s comprehensive technology strategy which revolves around ushering in pioneering Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) solutions, powered by Odysight.ai's cutting-edge visualization and AI platform.
  • Eli Israeli's illustrious career boasts a history of leadership positions, including his role as the Chief Technology Officer at Gadfin, where he spearheaded the development and execution of Gadfin's technology strategy, aligning these efforts with overarching business objectives and leading the charge in technology development.

Big Data Analytics in Semiconductor & Electronics Market Size to Grow USD 47.2 Billion by 2031 at a CAGR of 9.9% | Valuates Reports

Retrieved on: 
Wednesday, October 18, 2023

The global Big Data Analytics in Semiconductor & Electronics market was valued at USD 18.7 Billion in 2021, and is projected to reach USD 47.2 Billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.

Key Points: 
  • The global Big Data Analytics in Semiconductor & Electronics market was valued at USD 18.7 Billion in 2021, and is projected to reach USD 47.2 Billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
  • The expansion of big data analytics in the semiconductor and electronics sector is also positively impacted by a number of advantages offered by big data and business analytics, such as quicker data processing.
  • Instead, businesses are implementing big data analytics to improve the client experience, which greatly aids in the expansion of the Big Data Analytics Semiconductor & Electronics Market.
  • By examining consumer preferences, market trends, and feedback data, big data analytics in semiconductors and electronics aids product innovation.

Big Data Analytics in Semiconductor & Electronics Market Size to Grow USD 47.2 Billion by 2031 at a CAGR of 9.9% | Valuates Reports

Retrieved on: 
Wednesday, October 18, 2023

The global Big Data Analytics in Semiconductor & Electronics market was valued at USD 18.7 Billion in 2021, and is projected to reach USD 47.2 Billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.

Key Points: 
  • The global Big Data Analytics in Semiconductor & Electronics market was valued at USD 18.7 Billion in 2021, and is projected to reach USD 47.2 Billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
  • The expansion of big data analytics in the semiconductor and electronics sector is also positively impacted by a number of advantages offered by big data and business analytics, such as quicker data processing.
  • Instead, businesses are implementing big data analytics to improve the client experience, which greatly aids in the expansion of the Big Data Analytics Semiconductor & Electronics Market.
  • By examining consumer preferences, market trends, and feedback data, big data analytics in semiconductors and electronics aids product innovation.

Unlocking Opportunities in the IoT Manufacturing Sector - Forecast 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 8, 2023

The analysis of patterns related to domestic production, import and export, and consumption has enabled market participants to capitalize on potential opportunities.

Key Points: 
  • The analysis of patterns related to domestic production, import and export, and consumption has enabled market participants to capitalize on potential opportunities.
  • The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global IoT in Manufacturing Market.
  • This research report categorizes the Global IoT in Manufacturing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
    Based on Component, the market is studied across Services and Solutions.
  • The Discrete Manufacturing is projected to witness significant market share during forecast period.

TDK Ventures invests in Infinite Uptime's Industry 5.0 digital intelligence platform

Retrieved on: 
Wednesday, July 26, 2023

Nicolas Sauvage, President of TDK Ventures, added, "Infinite Uptime stands at the forefront of the Industry 5.0 revolution, tackling critical challenges in industrial automation and efficiency.

Key Points: 
  • Nicolas Sauvage, President of TDK Ventures, added, "Infinite Uptime stands at the forefront of the Industry 5.0 revolution, tackling critical challenges in industrial automation and efficiency.
  • Their digital intelligence platform holds the potential to transform how industries operate, paving the way for a more sustainable and efficient future.
  • TDK Ventures invests globally in early-stage startups that leverage fundamental materials science to unlock an attractive and sustainable future for the world.
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .