Artificial intelligence in industry

RoviSys recognized as a System Integrator Giant for 2024

Retrieved on: 
Tuesday, February 6, 2024

AURORA, Ohio, Feb. 6, 2024 /PRNewswire-PRWeb/ -- RoviSys, a leading global provider of comprehensive process automation, building automation, discrete manufacturing automation, and digital transformation solutions, has been acknowledged by CFE Media as a System Integrator Giant for 2024. RoviSys maintains its strong standing, securing the second position on the list of top System Integrators, and within the top five since 2018.

Key Points: 
  • AURORA, Ohio, Feb. 6, 2024 /PRNewswire-PRWeb/ -- RoviSys, a leading global provider of comprehensive process automation, building automation, discrete manufacturing automation, and digital transformation solutions, has been acknowledged by CFE Media as a System Integrator Giant for 2024.
  • RoviSys maintains its strong standing, securing the second position on the list of top System Integrators, and within the top five since 2018.
  • In 2024, the SI Giants list comprises eighty (80) system integrators, ranking them based on system integration (SI) revenue for the most recently completed fiscal year.
  • This ranking includes control and automation system integration firms participating in the CFE Media and Technology Global System Integrator Database.

IFS reports industry leading results with 33% software revenue growth for 2023

Retrieved on: 
Tuesday, January 30, 2024

IFS's product innovation in IFS Cloud and the inherent IFS.ai capabilities are in demand from existing customers and has attracted a large number of new customers choosing IFS over industry peers.

Key Points: 
  • IFS's product innovation in IFS Cloud and the inherent IFS.ai capabilities are in demand from existing customers and has attracted a large number of new customers choosing IFS over industry peers.
  • IFS CEO Mark Moffat commented: "This time last year we reported five years of strong consecutive double-digit growth.
  • Financial and Operational Highlights for FY 2023, growth YoY:
    FY2023 software revenue was EUR 853m, an increase of 33 percent versus 2022.
  • The IFS partner Ecosystem delivered some equally strong results with a 10% growth YoY in partner contribution to 41%.

IFS reports industry leading results with 33% software revenue growth for 2023

Retrieved on: 
Tuesday, January 30, 2024

IFS's product innovation in IFS Cloud and the inherent IFS.ai capabilities are in demand from existing customers and has attracted a large number of new customers choosing IFS over industry peers.

Key Points: 
  • IFS's product innovation in IFS Cloud and the inherent IFS.ai capabilities are in demand from existing customers and has attracted a large number of new customers choosing IFS over industry peers.
  • IFS CEO Mark Moffat commented: "This time last year we reported five years of strong consecutive double-digit growth.
  • Financial and Operational Highlights for FY 2023, growth YoY:
    FY2023 software revenue was EUR 853m, an increase of 33 percent versus 2022.
  • The IFS partner Ecosystem delivered some equally strong results with a 10% growth YoY in partner contribution to 41%.

Nanotronics to Present on Next Gen Semiconductor Material at Photonics West

Retrieved on: 
Thursday, January 25, 2024

Nanotronics, the Industrial AI company, will exhibit their updated suite of AI-powered factory control tools at the annual SPIE Photonics West , the world’s premier event for lasers, biomedical optics and biophotonic technologies, quantum, and optoelectronics.

Key Points: 
  • Nanotronics, the Industrial AI company, will exhibit their updated suite of AI-powered factory control tools at the annual SPIE Photonics West , the world’s premier event for lasers, biomedical optics and biophotonic technologies, quantum, and optoelectronics.
  • nControl™ functions by ingesting previously existing data and compounding it with actively collected data to optimize processes in real-time.
  • Valerie Bordelanne, VP of Engineering and Quality at Nanotronics, will present “ Advantages of gallium oxide for novel semiconductor production and power electronics applications ” and discuss the competitive advantages of this next-generation semiconductor material.
  • Bordelanne will also address challenges encountered in Ga2O3 production processes and detail Cubefabs™ , the company’s latest innovation that offers a solution.

IFS becomes a Patron of MIT Center for Information Systems Research (CISR)

Retrieved on: 
Wednesday, January 17, 2024

LONDON, Jan. 17, 2024 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that it has become a Patron of the world-renowned MIT Center for Information Systems Research (CISR). Being invited to become a Patron of this prestigious organization reflects IFS's growth and technology industry leadership and reinforces the company's commitment to maximizing value from digital transformation and data.

Key Points: 
  • Collaboration with CISR will provide access to world-leading exclusive research, insights and development opportunities
    LONDON, Jan. 17, 2024 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that it has become a Patron of the world-renowned MIT Center for Information Systems Research (CISR).
  • Peter Weill, Chairman and Senior Research Scientist, MIT Center for Information Systems and Research, added: "We at MIT CISR aim to help digital leaders be top performers by studying best practice and working with great companies.
  • I'm excited that IFS has joined MIT CISR and look forward to our collaborations with Mark and his team."
  • MIT CISR's research insights help executives meet the challenges of leading increasingly digital- and data-driven organizations.

IFS becomes a Patron of MIT Center for Information Systems Research (CISR)

Retrieved on: 
Wednesday, January 17, 2024

LONDON, Jan. 17, 2024 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that it has become a Patron of the world-renowned MIT Center for Information Systems Research (CISR). Being invited to become a Patron of this prestigious organization reflects IFS's growth and technology industry leadership and reinforces the company's commitment to maximizing value from digital transformation and data.

Key Points: 
  • Collaboration with CISR will provide access to world-leading exclusive research, insights and development opportunities
    LONDON, Jan. 17, 2024 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that it has become a Patron of the world-renowned MIT Center for Information Systems Research (CISR).
  • Peter Weill, Chairman and Senior Research Scientist, MIT Center for Information Systems and Research, added: "We at MIT CISR aim to help digital leaders be top performers by studying best practice and working with great companies.
  • I'm excited that IFS has joined MIT CISR and look forward to our collaborations with Mark and his team."
  • MIT CISR's research insights help executives meet the challenges of leading increasingly digital- and data-driven organizations.

Industrial AI Company Intelecy Appoints Camilla Gjetvik as New CEO

Retrieved on: 
Wednesday, January 10, 2024

Intelecy is a pioneer in no-code AI applications for optimizing industrial processes to reduce waste, emissions, energy consumption, and costs.

Key Points: 
  • Intelecy is a pioneer in no-code AI applications for optimizing industrial processes to reduce waste, emissions, energy consumption, and costs.
  • Camilla Gjetvik brings a strong track record to Intelecy, having demonstrated unparalleled expertise in building and scaling AI companies internationally.
  • She joins Intelecy from a position as COO of Boost AI, where she led the company to exceptional growth together with its tech founder and CEO.
  • I’m thrilled to welcome Camilla, who has already had great success in leading and accelerating growth for a no-code AI company.

OrbiMed Invests in Strategic Partnership With Nanotronics

Retrieved on: 
Friday, January 5, 2024

Nanotronics , the Industrial AI company, today announced a new strategic partnership with OrbiMed , a leading global life sciences investment firm.

Key Points: 
  • Nanotronics , the Industrial AI company, today announced a new strategic partnership with OrbiMed , a leading global life sciences investment firm.
  • As part of the transaction, OrbiMed is investing in Nanotronics’ proprietary technology to advance quality control and precision manufacturing across the healthcare and biotech industries.
  • This press release features multimedia.
  • “The sooner healthcare companies embrace Artificial Intelligence for manufacturing and quality control, the quicker we will see improved patient outcomes.”

FPT Software and Silicon Valley's AITOMATIC Form Strategic Partnership on Industrial AI

Retrieved on: 
Monday, November 13, 2023

Global IT services provider FPT Software today announced a strategic partnership with Silicon Valley's AITOMATIC, a leader in Industrial Generative Artificial Intelligence (AI).

Key Points: 
  • Global IT services provider FPT Software today announced a strategic partnership with Silicon Valley's AITOMATIC, a leader in Industrial Generative Artificial Intelligence (AI).
  • This partnership enables both companies to promote Industrial AI – the applications of AI to industrial use cases – to their customers worldwide.
  • FPT Software and AITOMATIC share the same vision of enabling industrial businesses to harness their unique domain knowledge.
  • Furthermore, the synergy will see FPT Software promoting aiVA™ (AITOMATIC Industrial Virtual Advisor) system to its growing client base.

Aitomatic Spearheads AI Revolution in $25T Industrial Economy, Releases OpenSSA as Inaugural Member of AI Alliance with IBM & Meta

Retrieved on: 
Wednesday, December 6, 2023

The company is launching OpenSSA (Small Specialist Agents), a pioneering move to open-source its advanced industrial AI technology.

Key Points: 
  • The company is launching OpenSSA (Small Specialist Agents), a pioneering move to open-source its advanced industrial AI technology.
  • This step underscores Aitomatic's leadership in industrial AI innovation and marks a commitment to fostering collaborative development in this dynamic sector.
  • Kenji Takagi of Fenrir Inc. stated, "Our collaboration with Aitomatic, utilizing their OpenSSA technology, is pivotal in creating user-centric Industrial AI solutions.
  • OpenSSA underscores Aitomatic's commitment to spearheading open innovation in industrial AI, as an inaugural member of the AI Alliance.