Based on its recent analysis of the global AI-based Machine Health-as-a-Service market, Frost & Sullivan has recognized Augury, Inc. with the 2021 Global Product Leadership Award for its AI-based Machine Health-as-a-Service software, the company announced Wednesday.
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Augury's Machine Health-as-a-Service is categorized by four components: Monitor, Diagnose, Guide, and Act. Augury offers hardware, such as sensors to monitor machines and collect data, and software, such as machine learning (ML) and artificial intelligence (AI) to conduct diagnostics, predict machine malfunctions, and provide alerts.
"Augury can visualize and analyze a tremendous amount of data, allowing it to serve as a single source of truth and as a data platform for assets and operations," said Sankara Narayanan, Senior Industry Analyst. "The company is focused on expanding its portfolio and capabilities in multiple directions. For example, it now correlates machine health insights with operational parameters, productivity goals, and sustainability, creating more capabilities for its customers."
