Senseye serves manufacturing and industrial companies with outcome-oriented predictive maintenance solutions powered by AI
Senseye provides outcome-oriented predictive maintenance solutions. (Credit: Siemens)
German engineering conglomerate Siemens has acquired Senseye, a UK-based industrial analytics software company, in an effort to expand its portfolio for digital enterprises services.
The financial terms of the deal were not disclosed.
Headquartered in Southampton, Senseye caters to manufacturing and industrial companies with outcome-oriented predictive maintenance solutions powered by artificial intelligence (AI).
Founded in 2014, Senseye has remained focused on scalable and sustainable asset intelligence Software-as-a-Service (SaaS) solutions.
The company is said to use purpose-built machine learning and AI to offer a globally-scalable solution that facilitates predictive maintenance in order to help reduce unplanned downtime and enhance sustainability.
Its predictive maintenance solution is said to help in driving a reduction of up to 50% in unplanned machine downtimes and in boosting maintenance staff productivity by up to 30%.
The solution is designed to seamlessly integrate with existing as well as new infrastructure investments. It uses machine, maintenance, and maintenance operator behaviour data for understanding the future health of machinery and what calls for human attention.
Designed for maintenance operators, the predictive maintenance solution doesn’t need any previous background in data science or conventional condition monitoring.
Siemens customer services for digital industries CEO Margherita Adragna said: “Senseye’s AI based solutions complement our digital services portfolio driving efficient and scalable predictive maintenance.
“This will allow us to offer highly flexible solutions to help our customers across many industries to determine the future condition of their machinery and hence, increase their overall equipment effectiveness.”
Senseye’s solutions are also claimed to support enhancing corporate sustainability by increased asset lifetime and reduction in waste. The British firm has been organisationally assigned to Siemens Digital Industries and is a part of the customer services business unit.
Senseye CEO Simon Kampa said: “Together we can multiply the full potential of Senseye’s innovative predictive technology and deep expertise. Siemens’ global presence and extensive industrial knowledge will ensure that our current and future customers benefit from innovative, seamlessly integrated Industry 4.0 solutions to drive measurable business outcomes.”