Speaking at a recent ARC Advisory Group industry forum, miner Ciner Resources teamed with AI specialist Falconry to present the latter’s pattern recognition technology that has improved yields and reduced waste. Falconry’s AI plugs in to the OSIsoft PI system and is claimed to ‘innately understand’ time series data.
Falconry’s technology combines signal processing and machine learning. An intuitive GUI and software architecture ‘puts advanced condition monitoring into the hands of operations’ owners and subject matter experts.’ Ciner reported that relevant patterns in its data were spotted ‘in a matter of days.’ Along with PI, Falconry has plug ins for Splunk and Microsoft Azure IoT.
Venture capitalists Zetta Venture Partners and Polaris Partners recently injected some $5.3 million into Falconry to ‘transition Falkonry’s innovations from a nascent technology to a truly industry-impacting software offering.’ The technology is said to be applicable in data intensive industries including oil and gas. More from OSIsoft.
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