By giving fast, direct access to Remaining Useful Life (RUL) information without requiring the user to have a data science background, manufacturers are said to benefit from up to a 40% reduction in maintenance costs, as well as lowered unplanned downtime by up to 50%.

Designed for versatile integration with a wide range of factory historians and maintenance management systems, Senseye avoids heavy upfront investment commitments and, as no additional hardware or application-specific customisation is required, installation is quick and the operational benefits can be realised almost immediately. 

As Senseye is made available on a Software as a Service (SaaS), every user benefits from ongoing upgrades. In-product enhancements for 2018 include additional scalability enhancements, enabling manufacturers to monitor and share the learning of Remaining Useful Life of thousands of machines based across multiple geographies; new compatibility with leading third-party industrial platforms, including GE Predix, Siemens MindSphere and SAP Plant Maintenance (SAP PM), and compatibility with the PTC ThingWorx Marketplace to offer predictive maintenance to users of PTC’s ThingWorx industrial innovation platform.

Developments in 2018 will include ongoing evolution of the product’s diagnostics and prognostic capabilities, as well as continuing improvement of an intuitive user experience that requires minimal training or condition-monitoring expertise to operate.

“2017 was an exceptional year for Senseye, with the successful implementation of our product in leading Fortune 500 industrial and manufacturing companies,” said Senseye CEO Dr Simon Kampa.

“Supported by new investment, this success has enabled us to accelerate the research and implementation of new features and benefits – ensuring our users keep moving even further ahead in the capabilities and cost savings Senseye brings to their operations.”