
(Source: Shutterstock.com)
Software provider EOT announced today its multi-year agreement with Amazon Web Services (AWS) to help industrial companies optimize their factories for artificial intelligence using AWS software.
This partnership aims to use machine learning and advanced analytics to reduce costs and increase production output by transforming how industrial customers manage and visualize their legacy operational data. The agreement extends EOT’s TwinFusion portfolio of products, providing industrial customers with faster root cause analysis and resolution with point-and-click navigation across multi-dimensional asset data visualizations.
“Our collaboration with AWS represents a commitment to an AI-enhanced future,” Matt Oberdorfer, founder and CEO of EOT, said in a press release. “By infusing AI capabilities to optimize industrial assets, we're pioneering a gold standard in operational accuracy, predictive efficiency, and sustainability.”
EOT and AWS will, as part of their agreement, connect SCADA systems and historians to AI-ready cloud historians and digital twins and create an enterprise-wide Digital Twin Graph Asset Model combining information from operational, engineering, and transactional sources into a single unified data architecture. Deliver advanced decision-making through enhanced navigation of operational and asset model insights.
“EOT is a trusted AWS Partner using AWS’s deep set of functionalities, proven reliability, and enhanced security,” said Alan Braun, Director, Service Acceleration at AWS. “We are delighted to be collaborating with them to provide AWS and EOT customers with a pre-built, easy to use, and fast to launch edge-to-cloud IoT industrial data hub that allows customers to spend their time focused on outcome driven ML use cases.”
Recommended Reading
What's Affecting Oil Prices This Week? (Dec. 04, 2023)
2023-12-04 - At the meeting OPEC+ agreed to reduce its oil production by another 700,000 bbl/d – which will come from Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman.
Oil Falls Over 2% After OPEC + Cuts Fall Short Of Expectations
2023-11-30 - Saudi Arabia, Russia, Kuwait, Kazakhstan and Algeria were among producers who said cuts would be unwound gradually after the first quarter, market conditions permitting.
Cheniere, ARC Resources Sign 15-Year Integrated Production Marketing Agreement
2023-11-29 - Cheniere Energy Inc. and Cheniere Energy Partners LP entered into a 15-year integrated production marketing gas supply agreement with a subsidiary of Canada’s ARC Resources Ltd.
Tackling Methane Emissions: Triple Crown’s Secret to Success
2023-11-29 - Triple Crown Resources, the private Permian Basin operator, is cutting methane emissions and delivering returns.
Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why
2023-11-28 - In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.