This site uses cookies to ensure the best viewing experience for our readers. Read more about it Got it

Brief

Siemens Enters Strategic Partnership With Israeli Predictive Maintenance Startup Presenso

Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures

CTech 12:3210.05.19
German conglomerate Siemens AG has entered a strategic partnership with Haifa-based predictive maintenance startup Presenso (listed as DeepSense Ltd.), the latter announced Wednesday. Under the agreement, Presenso’s real-time industrial analysis technology will be integrated into Siemens’ own tools for remote diagnostics, to support Siemens' operations and maintenance services. Presenso’s technology is being deployed in Siemens’ power plants and oil and gas facilities worldwide, the company said.

 

Founded in 2015, Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures. The company has raised $2 million in equity, according to Pitchbook data.

 

Siemens. Photo: Bloomberg Siemens. Photo: Bloomberg

 

Cancel Send
    To all comments