E.On, Sight Machine, to equip factory with artificial intelligence
Partnership for digital value-added services in the European market
To increase efficiency at machine parks and save energy costs at the same time, E.On has entered into a partnership with the U. S. company Sight Machine.
Sight Machine is a software startup based in San Francisco that has created an internet of things enabled digital manufacturing platform, which uses artificial intelligence, machine learning, and advanced analytics to help address critical challenges in quality, productivity and visualization.
Sight Machine's expertise in the field of digital manufacturing is now being integrated with E.On's expertise in the energy industry to develop digital solutions for the European market that will enable the optimization of energy and core manufacturing processes in unison.
E.On is the first energy company with which Sight Machine will cooperate in Europe. Alongside the partnership, E.On Scouting and Co-Investment has made a venture capital investment into Sight Machine.
E.On will use the technology to expand its own Optimum Platform. With Optimum, E.On customers are already able to visualize their energy flows and rapidly identify potential improvements. Through the partnership, manufacturing and energy data are now turned into actionable information; customers will see improvements in operations, leading to increased profitability and reduced CO2 emissions. Now machine uptime and use will be improved through predictive maintenance, while production bottlenecks, quality issues, and energy optimizations will be identified by pulling and analyzing available data from across manufacturing facilities.