‘Industrial AI’ is a synonym for advanced analytics in Industrial Internet of Things (IIoT). The economic impact of the IIoT has already achieved $1 trillion and is rapidly growing. The Industrial AI applications process IIoT data to impact business processes and provide added value.
Mitek Analytics develops Industrial AI applications, implemented as AI/ML Analytics Engines for the Maintenance, Repair and Operations (MRO). These are killer apps for Industrial Internet of Things (IIoT). Industrial AI applications enable enterprise-operation monitoring of fleet of industrial assets. Addressing the detected anomalies and bottlenecks and optimizing the operations can bring enormous benefits in costs and asset availability.
Our Industrial AI Analytics was developed by professors from Stanford and Georgia Tech. Renowned experts, they have received multiple professional awards for work in practical applications of advanced analytics. The subject matter expertise areas of the team includes ML, AI, statistics, optimization, and controls as well as maintenance, logistics, reliability, and IIoT. The analytics is a result of many R&D projects completed over last 12 years. The team repeatedly won Air Force and NASA contracts with competition rates over 1:20.