New partnership brings AI to MRO

For all the artificial intelligence (AI) news coming out every day, a large portion can be dismissed as irrelevant to engineers. Not so with a recent announcement from industrial AI provider Augury and the logistics service DSV. The two companies have partnered to introduce a new Parts as a Service (PaaS) offering which uses machine health data to predict faults and automatically procure replacement parts.

DSV’s current offering, Inventory Management Solutions, aims to reduce the overhead of managing and sourcing spare parts by outsourcing their planning, procurement, transportation and logistics. Augury specializes in machine health monitoring, predicting faults and failures with machine learning based on process and production data.

Read more on Engineering.com.

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