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Friday, March 06, 2020

Industrial AI Enabled Devices

Informative look at AI uses in Industry.Which brought to my attention a number of companies involved in manufacturing.  More detail at the link.

SparkCognition and Sight Machine Take Top Spots in ABI Research assessment

SINGAPORE, March 3, 2020 /PRNewswire/ -- The total installed base of AI-enabled devices in industrial manufacturing is expected to reach 15.4 million in 2024. As such, the demands for the deployment of Artificial Intelligence (AI) in manufacturing have led to the emergence of startups that work on AI algorithms to increase and optimize production processes in the manufacturing setting other than machine vision-based solutions. These AI algorithms can discover patterns, recognize conditions, and provide early warnings and explanations on current operation status and abnormalities. ABI Research, a global tech market advisory firm, finds SparkCognition and Sight Machine to be the leaders in industrial AI focusing on production process optimization.

The Industrial AI competitive assessment analyzed and ranked seven industrial AI vendors on overall efficiency enhancement, namely Falkonry, FogHorn, Maana, Presenso, Sight Machine, SparkCognition, and Uptake, using ABI Research's proven, unbiased innovation / implementation criteria framework. For this competitive assessment, innovation scores examined the technical capabilities of the vendor's software and implementation scores focused on the vendor's commercial ability to deliver their solution and integrate with existing solutions from the incumbents, such as GE, Siemens, ABB and Bosch, across a variety of manufacturing verticals.

"While there are many players offering industrial AI solutions, ranging from cloud service providers to system integrators, this competitive assessment focuses on pure-play industrial AI software vendors. All seven vendors listed in this competitive assessment have a tight focus on developing AI software for overall efficiency enhancement in industrial and manufacturing applications," explains Lian Jye Su, Principal Analyst at ABI Research. These vendors establish partnerships with various public cloud vendors, system integrators, chipset and industrial equipment manufacturers, allowing their solutions to be deployed on device, gateways, and on-premise servers..... "

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