Augury Receives Frost & Sullivan Product Leadership Award for AI-based Machine Health Solution

Continuous Diagnostics Technology Enables the Digital Transformation
of the Process Industry

NEW YORK–(BUSINESS WIRE)–Augury,
a leading industrial analytics company, was recognized today by Frost &
Sullivan with a Product Leadership Award for its AI-Based Machine Health
Solution for the Process Industry. Augury received this award based on
its technology’s ability to reduce maintenance costs, improve overall
equipment effectiveness (OEE), reduce unplanned machine downtime, and
increase productivity. The company’s core diagnostic capabilities play a
critical role in industrial digitization and the transformation of its
customers’ operations.

“Machine health is still a blind spot and Augury — by helping companies
align their maintenance, operations, and reliability teams — uncovers
machine blind spots and removes the barrier of unexpected failures,”
said Sankara Narayanan, senior industry analyst at Frost & Sullivan.

These unexpected failures represent a significant obstacle to digital
transformation that many industrial organizations face.

“We’re seeing more C-level led digital transformation strategies and
initiatives being deployed in the market,” said Saar Yoskovitz,
co-founder and CEO of Augury. “Most organizations recognize that machine
health is the first foundational step they should take on their
digitization journey. We are thrilled that a leading consulting firm has
identified and defined digital machine health as a new market category.
Machine health is crucial for industrial progress and we’re grateful to
be recognized as leaders in this new field.”

As a full-stack company, Augury provides the advanced hardware and
software necessary for a holistic view of machine health and performance
across an organization. Through the real-time monitoring of magnetic,
vibration and temperature data, Augury identifies the earliest possible
signs that a mechanical fault may occur, along with the recommended
actions that need to be taken to prevent it. With more than 7,000,000
machine hours being monitored and diagnosed by Augury’s Halo solution,
the company has created one of the largest mechanical malfunction
databases in the world. This unique and ever-growing database allows it
to continue fine-tuning its AI-based mechanical diagnostics.

Augury’s out-of-the-box Halo continuous diagnostics solution is deployed
using a software-as-a-service (SaaS) model. View the Frost
& Sullivan Report
to learn more, or visit www.augury.com.

About Augury

Augury is building a world where people can always rely on the machines
that matter. Augury supports its partners by enabling Digital
Transformation through superior insights into the health and performance
of the machines they use to make products, deliver services and improve
lives. To learn more about Augury’s machine health solutions, visit www.augury.com.

Contacts

Sean Welch
PAN Communications for Augury
[email protected]
407-734-7330

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