PALO ALTO, Calif.--(BUSINESS WIRE)--Predii, the industry leader powering predictive maintenance and repairs through artificial intelligence (AI), announced today that it has been named a “Cool Vendor” based on the April 27, 2017 report titled, “Cool Vendors in Internet of Things Analytics, 2017” by Svetlana Sicular, Jim Hare, Saniye Burcu Alaybeyi, Shubhangi Vashisth and Simon F. Jacobson at Gartner, Inc. The report evaluates interesting, new and innovative vendors, products, and services in the Internet of Things (IoT).
Gartner’s report points out that “Analytics enables the most visible impact of the IoT. It drives new business scenarios and empowers individuals.” The report also provides recommendations for digital marketers to take their strategies forward, including the following:
- Results from data analysis make Internet of Things projects more valuable.
- Over time, analytics gets to the foreground of IoT projects because of its capacity to deliver new insights.
- General-purpose modern analytics tools can be used for the IoT in most instances, but two differences specific to IoT analytics — new analytics users and massive amounts of sensor data coming at high speed — are best addressed by capturing domain knowledge and incorporating it into advanced analytics.
“Gartner is one of the most trusted voices in research and analysis, and we are honored to have been selected as a 2017 Cool Vendor in Internet of Things Analytics,” said Predii Founder and CEO Tilak Kasturi. “We believe that this recognition validates our efforts to increase operational management and fiscal efficiencies for IoT firms, original equipment manufacturers, maintenance providers and end users.”
The information provided in the report is of value to all vendors, manufacturers, analysts and developers who are seeking new ways to increase the value of IoT projects through data analytics.
Predii creates practical solutions for maintenance and repair challenges using big data and artificial intelligence (AI) through Predii Repair Intelligence™, an innovative machine learning platform that is designed to remove diagnostic guesswork and reduce operational, maintenance and repair costs for equipment, machinery, and devices. Underpinning a wide range of products, Predii Repair Intelligence™ currently processes more than two billion service records per month. Predii is transforming the repair and maintenance of connected machinery and equipment for businesses and consumers, while unlocking new sources of service revenue and increasing time and cost efficiencies. Based in Silicon Valley, Predii was founded in 2013 by Tilak Kasturi, and has offices around the world including locations in California, Colorado, and India.
For more information visit: www.predii.com
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