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asset management

What Does Falkonry’s $5.3M in Equity Funding Mean for Industry? What do Zetta Venture Partners and Polaris Partners see in Falkonry??

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Falkonry discovers, recognizes, and predicts operating and performance conditions from time series data, using machine learning/pattern recognition. From its inception, Falkonry has had a single purpose: to make industrial operations  more productive. Falkonry achieves this by applying  advanced signal processing techniques to:

  • Gain yield/OEE improvements not possible without advanced pattern recognition
  • Create a whole new ‘view’ of process and asset operations through patterns in operational data
  • Put advanced pattern recognition technology into the hands of process and industrial engineers — those who know and understand the operation of their assets and processes.

Investors Zetta and Polaris recognize the ground-breaking shift in yield outcomes enabled by Falkonry’s advanced pattern recognition technology. Their backing, and the backing of Falkonry’s partners and customers, signal the transition of Falkonry’s innovations from a nascent technology to a truly industry-impacting software offering.

 

pattern recognition

Falkonry Pattern Recognition

 

Falkonry advanced pattern recognition technology delivers an intuitive UI designed for process and industrial engineers — the company domain experts; no data engineering or scientists are needed. It allows companies that generate massive amounts of data, such as those in the process industries (oil and gas; metals, mining and minerals; pulp and paper) to detect, recognize, and monitor patterns of operation that are only “visible” across complex, multi-variable, time-series data. Recognizing patterns of asset and process operation illuminates areas across  assets and processes that for OEE and yield improvement; where bottlenecks and choke points reside; and where in the process flow tuning can be applied.  Falkonry’s customers report gains in process visibility; uptime; and process throughput.

For more information on Falkonry, please visit www.falkonry.com.