Precognize

What Challenges are you solving in this industry

• Improving Availability and Reducing downtime (i.e predictive maintenance reliability) [PM]
  
  
• Improving Process Productivity/Yield - Asset/Process performance management [APY]
  
  
• Improving Quality (inspection process control) [QI]
  
  
• Remote work [RW]
  
  

Description of solution

Precognize is the creator of SAM GUARD, a predictive analytics software combining AI and HI (human intelligence) to optimize the pulp and paper industry. SAM GUARD quickly and accurately detects issues in processes and equipment in the plant, identifying equipment failures and suspicious operation modes from days to weeks in advance. Their customers have benefited from an average of five early, accurate, and actionable alerts per day. By taking action before minor incidents turn into major problems, you can achieve operational excellence.

What is the value you bring to your customers?

The pulp and paper industry is constantly challenged by developing problems that go undetected deep inside of processes and equipment parts. By the time these problems are noticed, it is often already too late as initially small problems are now big and complicated ones, resulting in the partial or total shutdown of the plant. By leveraging the power of AI and HI, Precog’s SAM GUARD predictive analytics solution for the process industry quickly and accurately identifies equipment failures and suspicious operation modes days to weeks in advance. This empowers customers to reduce downtime, avoid interruptions, and minimize repair and maintenance costs, resulting in optimized efficiency and avoiding both total and partial shutdowns of plants.