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Press Release

internet of things digitalization (iot)

KBR Asset Ikigai Next-Gen Asset Management Framework Now Available to Government, Commercial Customers

KBR announced today the release of Asset Ikigai®, an ISO 55001-certified, next generation asset management framework to help customers maximize the value they can realize from their physical asset portfolios.

Asset Condition Management

SKF streamlines bearing analysis for Ansys users

Machine designers increasingly rely on earlier and more predictively accurate simulations to accelerate product development, help eliminate errors and reduce the need for physical prototypes.

work execution management

Enterprise Asset Management Pioneer EZ Web Enterprises Advances Digital Transformation in Business Operations with Strategic Consolidation and New Corporate Brand, EZO

internet of things digitalization (iot)

The Boundary acquires digital twin pioneer, Buildmedia

Pioneering visualization studio The Boundary has acquired Buildmedia, the Auckland-based creative studio widely considered to be the world leader in city-scale digital twins, off-plan interactive real estate sales and marketing solutions in addition to memorable immersive eCommerce virtual reality experiences.

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Internet of Things Digitalization (IoT)

Bentley Systems’ Executives and Users Will Discuss Digital Twins for Plants at the ARC Industry Forum Americas 2023, February 6-9

Bentley Systems will host a booth at the ARC Industry Forum Americas 2023 featuring PlantSight, our digital twin solution for the energy, process, mining, and water industries, and its new features that can help energy users digitally advance during the challenging transition to renewable resources.

Worlds Announces $21 Million Series A1 Funding Round to Scale Industrial Metaverse Platform
Internet of Things Digitalization (IoT)

The Industrial Metaverse

Worlds Enterprises, Inc., creators of a new 4D infrastructure for building the Industrial Metaverse, announces the successful completion of its $21.2 million Series A1 funding round.

internet of things digitalization (iot)

Sensata Technologies Launches Sensata INSIGHTS Proprietary Platform that Provides End-to-End IoT Solutions

Sensata Technologies’ consolidated business and portfolio under Sensata INSIGHTS will help customers fully maximize the IoT ecosystem with end-to-end solutions that spans video telematics, IoT asset management devices and software platforms for applying powerful analytics and machine learning.

asset condition management

Shell Acquires Allied Reliability, Further Expanding Its North American Lubricants Business

Pennzoil-Quaker State Company d/b/a SOPUS Products, a wholly-owned subsidiary of Shell USA, Inc. (“Shell”) that comprises Shell’s US lubricants business, has signed an agreement to acquire 100% of TFH Reliability Group, LLC, the parent company of Allied Reliability Inc. (“Allied Reliability”).

asset condition management

Koch Engineered Solutions and Percepto Offer Customers AI-Powered Technology for Emissions Monitoring and Reduction

KES today announced a strategic collaboration with Percepto, to assist its industrial customers in identifying key opportunities to control and reduce emissions with cutting-edge artificial intelligence software delivered by Percepto's drone-in-a-box solution.

internet of things digitalization (iot)

AI-based Asset & Plant Performance Company, UptimeAI raises $3.5 Million

UptimeAI has raised a total of $3.5 Million in funding led by Emergent Ventures. Joining the round are existing investors YourNest Venture Capital and new investors Sharad Sanghi, AI Sprouts, and Venture Catalysts.

A Resounding Success: The 36th International Maintenance Conference (IMC) 2022

A Resounding Success: The 36th International Maintenance Conference (IMC) 2022

The launch of the second edition of the Uptime® Elements™ Implementation Guide was one of the focal points of the event.

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