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Augury and Grundfos Enter into Strategic Partnership

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According to a recent press release, “Grundfos, a world leading pump and water technology company, and Augury, a leading AI-based mechanical diagnostics provider are partnering to change the way the world accesses water, enabling even more reliable and sustainable water services to their customers. Grundfos and Augury are partnering to bring continuous diagnostics to Grundfos’ current and coming customers as well as co-developing smart diagnostics capabilities in future products. The partnership will combine Augury’s unique knowledge within algorithm powered machine listening, with the deep expertise in water technology and pump systems of Grundfos to create ready-to-implement, world-class condition monitoring services and solutions. Ultimately presenting the companies’ customers across the globe with new, digitally enabled, resilient and reliable offerings with best in class competencies, technologies and market propositions.”

THe release goes on, “For Augury, this cooperation widens market access and provides exposure to Grundfos’ broad experience in the pump business. With Grundfos, Augury expects to further fine-tune its algorithms leading to the creation of new and innovative solutions – which will solidify Augury’s position as a leader in the predictive analytics market. ‘We’re thrilled to be working with Grundfos,’ said Saar Yoskovitz, Co-Founder and CEO of Augury. ‘Together we are in a unique position to shape the emerging market of connected devices as it introduces new business models that provide more value to end users. Our mission is to make machines more reliable while reducing their environmental impact and this partnership is a significant step to achieving that goal’.”

Read more at Business Wire.

Photo credit: Augury

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