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Press Release

IBM Acquires Envizi

IBM Acquires Environmental Performance Management Software Provider Envizi

This acquisition builds on IBM's growing investments in AI-powered software, including IBM Maximo asset management solutions

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 U.S. Air Force Awards Augmentir with Phase II SBIR Contract

U.S. Air Force Awards Augmentir with Phase II SBIR Contract

U.S. Air Force to use AI and augmented reality based connected worker technology from Augmentir to improve the productivity and efficiency of their maintenance workforce

HORSHAM, PA -- Augmentir, Inc., the world's only provider of artificial intelligence-based connected worker software, announced today that it has been awarded an AFWERX Phase II Small Business Innovation Research ("SBIR") contract from the US Air Force Research Laboratory (AFRL).

 AWS Announces AWS IoT TwinMaker

AWS Announces AWS IoT TwinMaker

New service makes it faster and easier to create digital twins of real-world systems like buildings, factories, industrial equipment, and production lines—helping many more customers build applications that improve operational efficiency and reduce downtime Carrier, Siemens, and Accenture among customers and partners using AWS IoT TwinMaker

 Nanoprecise Doubling AI-based PdM Deployment across Asian Metal Sector

Nanoprecise Doubling AI-based PdM Deployment across Asian Metal Sector


Nanoprecise Sci Corp is doubling the deployment of its AI-based Predictive Maintenance Solution in Metal Sector Across Asia.


 ABB Brings AI to Asset Performance Management for Improved Efficiencies and Increased Uptime

ABB Brings AI to Asset Performance Management for Improved Efficiencies and Increased Uptime


  • The launch of ABB Ability™ Genix Asset Performance Management Suite brings next-generation AI-based predictive maintenance, asset reliability and integrity insights to process and utility industries
  • Genix APM is an enterprise-grade application to monitor assets, prescribe maintenance actions, improve equipment utilization, and support lifecycle analysis and capital planning
  • Solution provides actionable insights into all aspects of asset performance, enabling customers to reduce machine downtime by up to 50 percent
 ICML Announces 2020 Gill and Battle Award Winners

ICML Announces 2020 Gill and Battle Award Winners

International Council for Machinery Lubrication (ICML) announced its newest industry award recipients during the Reliable Plant Conference & Exhibition in Louisville, KY

Since 2001, ICML’s Battle and Gill Awards have recognized end-user programs that demonstrate excellence in the application of machinery lubrication and in-service lubricant analysis.

 Emerson to Accelerate Software Strategy in Transaction with AspenTech

Emerson to Accelerate Software Strategy in Transaction with AspenTech


Emerson to Receive 55% Stake of New AspenTech

AspenTech Shareholders to Receive Approximately $87 Per Share in Cash and 0.42 Shares of New AspenTech for each AspenTech Share, Providing Upside through 45% Stake

New AspenTech Expected to Drive Double-Digit Annual Spend Growth, Best-in-Class Profitability, Strong Free Cash Flow and Be Positioned to Pursue and Complete Strategic Transactions

Emerson Reaffirms Fiscal Year 2021 Underlying Sales Guidance of 5% to 6% and Adjusted EPS Guidance of $4.06 to $4.08

 The Next Generation of Vibration Testing

The Next Generation of Vibration Testing


Test and measurement expert HBK has launched a new LDS shaker system that provides efficiency far beyond just saving time - the LDS V8750 shaker + XPAK shaker system.

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