Artificial Intelligence and IT by NeuroSYS

Artificial Intelligence and IT by NeuroSYS

WHAT'S NEW?

This month’s issue explores AI in manufacturing, especially in predictive maintenance, as it redefines how industries maintain their assets.?

This influx of data fuels AI algorithms to predict potential failures before they occur, enabling proactive maintenance strategies and minimizing downtime.

AI in predictive maintenance?(PdM) draws attention and investments: the global PdM market is expected to reach $23.5 billion by 2027, growing at a CAGR of 25.2% from 2020 to 2027 (Grand View Research). Later in this issue, you will find a few use cases of how artificial intelligence supports maintenance processes in the industry.

This month, we also invite you to Startup Extreme 2024, where we are a partner and host and will lead the "Supercharge Your Product With AI" workshop session. We're also announcing early bird tickets to the Nordic AI Summit 2024!

Enjoy the April issue!


NORDIC AI SUMMIT 2024 – EARLY BIRDS 2-DAY PASS

We are excited to announce early ticket sales for Nordic AI Summit 2024 (NAIS) are now open. This is the next edition of the event we organize, which is a compass in the world of the AI revolution. We invite enthusiasts of artificial intelligence and its practical application in the modern world.

  • Vulkan Arena in Oslo, Norway
  • June 11-12, 2024

Two days of lectures and networking sessions await you! Entry includes access to all events, snacks, coffee, lunches, and an after-party.

?? Get Your Entry


NEUROSYS AT STARTUP EXTREME 2024

We are pleased to announce that we will be a partner and host during Startup Extreme 2024, which will take place on April 24-25 in Norway. This two-day event is an international arena to connect the growing startup ecosystem and build bridges to international investors and media.

AI specialists from NeuroSYS will lead a workshop on "Supercharge Your Product With AI." Seats are still available:

  • April 24, 2024
  • 16:00-17:00
  • Hemsedal, Norway
  • Stage: Pitching Stage - Stavkroa

?? Book Your Seat


AI USE CASES IN PREDICTIVE MAINTENANCE

AI is reinventing predictive maintenance by analyzing massive volumes of sensor data to precisely foresee equipment breakdowns, reducing downtime and increasing operational efficiency across sectors. AI provides proactive maintenance techniques, reducing costs and optimizing asset performance for enterprises globally by utilizing machine learning algorithms. Here are just a few examples:

  • AI systems detect anomalies?in sensor data, such as odd vibrations or temperature variations.
  • Equipment Health Monitoring: By continuously monitoring equipment performance data, AI may predict component failure and arrange repairs or replacements.
  • Optimization of Maintenance Plans: AI-driven models optimize maintenance plans based on equipment usage, historical maintenance data, and environmental conditions, decreasing costs and maximizing uptime.
  • Failure Root Cause Analysis:?AI-powered analytics analyze maintenance records and sensor data to find equipment failure causes and prevent recurrence.?


Unlock the AI Potential in Your Company: Book Your Free Consultation!

Ready to explore how AI-powered predictive maintenance can transform your operations? We're offering a complimentary 1-hour consultation with our team of AI specialists.?

During this session, you'll discover the fundamental possibilities of integrating AI into your company's maintenance strategy. Don't miss this opportunity to take the first step towards a more efficient and reliable future!

Book 1h Free Consultation


RECENTLY ON OUR BLOG

Main Benefits of Predictive Maintenance with IoT Technology

AI helps physical things and gadgets see, communicate, and interact with the environment in IoT. The Internet has grown beyond computers and smartphones to include smart sensors, actuators, and other devices. Discover the IoT's role in PdM!

How to Implement Predictive Maintenance Using Machine Learning?

Many examples illustrate how machine learning (ML) in predictive maintenance (PdM) improves operations across industries by optimizing asset performance and reducing operational costs. See how to complete ML for PdM step by step.


?NEWS FROM THE TECH WORLD?

What new, intriguing, and innovative things have happened recently in the tech and AI industries?

AI Mostly Used For Predictive Maintenance In Oil And Gas - Offshore Technology

AI Helps Chemists Develop New, Sustainable Materials - University of Amsterdam

PdM Market to Grow Rapidly by 2030, AI & IoT to Increase Revenue to $30.8 Billion - Fairfield Market Research

States Tighten Data Privacy Laws In Response to Evolving Digital Challenges - Pymnts


Need Help with Implementing AI Solution in Your Company?

Contact us & book 1h free consultation

See you next time!


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