Le Lézard
Classified in: Science and technology
Subject: Merger/Acquisition

HubHead Corp. Acquires DataSeer Inc. Assets to Expand its Vertical AI Capabilities


In a strategic move to bolster its vertical AI strategy for asset-intensive industries, HubHead Corp. announced today its acquisition of the assets of DataSeer, Inc. The acquisition adds to HubHead's portfolio of tools focused on using AI and machine learning to improve asset and maintenance master data and assisting asset-intensive businesses in digitizing data to create digital twins. HubHead's software improves the effectiveness of our customers' Enterprise Asset Management (EAM) and CMMS solutions.

As a frontrunner in the application of AI to enhance asset and maintenance master data quality, HubHead is dedicated to collaborating with customers to provide innovative software-as-a-service (SaaS) solutions. AI makes it easier for asset-intensive businesses to ensure their maintenance and operations, and EAM solutions are more efficient, reliable, and prepared for future initiatives.

Greg Dee, CEO of HubHead, emphasized the importance of AI tools to create the asset and maintenance master data foundation needed for operational effectiveness. "At HubHead, we're driven by the belief that high-quality asset and maintenance data is the cornerstone of EAM effectiveness and is required for effective asset management," Dee said. "Our strategy focuses on employing AI to enhance the quality and completeness of asset data for our clients. DataSeer is crucial for unlocking the full potential of AI in their industries, enabling critical applications such as digital twins, predictive maintenance, and IoT implementations."

HubHead has used DataSeer with its NRX AssetHub solution to extract engineering tags from P&IDs to help customers cost-effectively build high-quality EAM/CMMS data. It is used to create digital twins, adopt industry standards like ISO 14224, prepare for operational readiness at new capital projects, enhance asset and maintenance master data prior to migrating or upgrading to new EAM/CMMS solutions, and other applications that create the foundation for operational excellence.

HubHead will offer the DataSeer SaaS solution to engineering firms, system integrators (SIs), EPCs, asset-intensive businesses, and others with a need to scrape P&IDs to extract high-quality actionable asset data.

About HubHead

HubHead Corp. stands at the forefront of vertical AI innovation, providing solutions to maintenance, reliability, and operations professionals across asset-intensive sectors. With a commitment to excellence and a focus on leveraging AI to transform data into actionable insights, HubHead Corp. is dedicated to helping businesses achieve operational efficiency and reliability.

Links:
https://www.nrx.com/


These press releases may also interest you

at 01:05
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensorstm currently deployed in over 500 million devices, has launched its AI Virtual Proximity Sensortm INNER BEAUTY® on Transsion's Infinix GT 20 Pro...

at 01:05
Infobip, the global cloud communications platform, and Nokia today announced a partnering agreement that will enable the global developer community to leverage both companies' Application Programmable Interface (API) platforms in order to build a...

at 01:00
BioCatch (the "Company"), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, today announced that Permira Growth Opportunities II (the...

at 01:00
ATFX, a leading global online trading broker, is pleased to announce that Nick Twidale has joined the company as Chief Market Analyst for the Australia region. With over two decades of experience in banking and broking, Nick brings a wealth of...

at 00:59
Growatt, a global leader in energy solutions across residential, commercial, industrial, and energy storage sectors, has announced its latest offerings: the NEO 800M-X microinverter and NOAH 2000 Battery Balcony Solar Solution. The system is tailored...

at 00:35
Confluent, Inc. , the data streaming pioneer, announced AI Model Inference, an upcoming feature on Confluent Cloud for Apache Flink®, to enable teams to easily incorporate machine learning into data pipelines. Confluent introduced Confluent Platform...



News published on and distributed by: