AI contributes at least 50% of the content of news in my area of interest. No surprise that Yokogawa has harnessed some AI expertise for its Asset Performance Management.
Yokogawa Electric and UptimeAI announced a strategic agreement aimed at enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.
Under the agreement, the companies will integrate UptimeAI’s AI-powered platform into Yokogawa’s OpreX Asset Health Insights service. The combined solution will provide customers in the oil and gas, chemicals, cement, power, and renewable energy industries with a seamless and powerful approach to optimize plant operations, reliability, and maintenance.
Specifically, the bundled offering will merge the capabilities of OpreX Asset Health Insights as an OT/IT data enablement engine with UptimeAI’s flagship modules, “AI Expert: Generative AI” and “AI Expert: Reliability & Process,” bringing advanced LLM-based AI agents, subject matter knowledge, self-learning workflows, maintenance analysis, and industrial asset library models into a comprehensive AI assistant for plant operators. This solution will enable users to achieve a significant positive return on investment in a short period of time by reducing maintenance and operational costs with predictive insights, root cause analysis, and recommendations driven by automated learning processes.
