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Home Machine Learning

Docomo invests in machine learning technology company Senseye

October 9, 2020
in Machine Learning
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NTT Docomo Ventures has invested in Senseye, a company providing automatic predictive maintenance services for the manufacturing industry. Senseye’s ‘Senseye PdM’ automatic predictive maintenance service uses the common algorithm library and failure database that Senseye has accumulated through its own research and development.

The system is designed to generate the optimal machine learning models for the machinery automatically without the need for individual teacher data. Thus, Senseye PdM can be introduced without customization or extensive setup by the end user and scaled throughout the plant.

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Back in July this year, Senseye launched ‘ROI Lock’, a guarantee for downtime reduction in partnership with a global re-insurer. Under this guarantee, the PdM subscription fee will be refunded if the level of cost reduction agreed in advance with the client is not achieved. The new service thus seeks to reduce the perceived risk of investing in predictive maintenance solutions and eliminate the hurdles for Senseye PdM deployment.

In June, NTT Docomo introduced its ‘FAAP’ 5G-compatible integrated analysis service for manufacturing equipment. The service is designed to help manufacturers improve productivity, by, for instance, the detection of potential equipment failures and the automation of product inspection. NTT Docomo Ventures hopes that its investment in Senseye will contribute to the company’s expansion of services postfolio for the manufacturing industry.

Credit: Google News

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