Here’s to 2018 – A Great Year for Flutura!

Before we get too far into 2019, we wanted to take a proud look back at the past year. Flutura reached many significant milestones and achieved numerous accomplishments over the last twelve months.

Here are some of our highlights from 2018:

• Continued Growth: Our brand maintained its strong growth trajectory, as 2018 saw a 150% increase in the number of assets managed by Cerebra. We also added more than 120 new product features to Cerebra.
• Prestigious Projects: We expanded our footprint across high-profile, mission-critical deployments such as powering Drilling Operations Command Center, powering remaining useful life for mining operations, powering next-generation ultrasonic flow meters, analyzing non-destructive testing for quality optimization, and many more.
• Added Crucial Talent: Flutura continued to scale in 2018, as we expanded our team with key hires across various critical functions in engineering operations, presales, and sales, among other areas.
• Hitachi Investment: Flutura signed a strategic partnership and investment agreement with Hitachi High-Tech Solutions, which paves the way for us to provide our market-leading IIoT solutions to Hitachi’s customers through rapid and cost-efficient implementations, primarily among heavy machinery OEMs.
• Siemens Partnership: In September, we announced a partnership with Siemens which will enable customers to benefit from Cerebra’s pre-built industry-specific applications on MindSphere, Siemens’ cloud-based, open IoT operating system, particularly for the specialty chemicals and oil/gas industries.
• Gartner IIoT Magic Quadrant: Flutura was one of the vendors recognized by Gartner in its inaugural edition of the Magic Quadrant for Industrial IoT Platforms.
• Frost & Sullivan Excellence In Best Practices Award: Frost & Sullivan recognized Flutura as the 2018 North American Artificial Intelligence in Energy Entrepreneurial Company of the Year at its Excellence in Best Practices Awards Gala.
• Recognized as Top Innovator: Flutura was acknowledged as one the most innovative startups by Inc42, which evaluated thousands of startups and narrowed the field to its top 42, including Flutura.
• Airbus Innovation Hub: Flutura was selected by Airbus as one of the startups for its prominent BizLab global aerospace business accelerator, where startups and Airbus intrapreneurs speed up the transformation of innovative ideas into valuable businesses.

We take a lot of pride as we reflect on 2018, and we are confident that 2019 will be another big year for Flutura.

But don’t take our word for it. Read the insights from CRN, which just named Flutura as one of the “10 Hot IoT Companies to Watch in 2019.”

Visit website: www.flutura.com

Henkel Maintains Golden Batch with Leading AI Platform

Henkel Harnesses the Power of AI and Saves $300M Annually

 How Henkel Achieves Golden Batch First Time Right with AI

One of the most important challenges currently faced by process chemical manufacturing companies is creating products which are golden batch quality. Ideally, optimal product quality is achieved “first time right” by streamlining all processes for best product outcomes.

Leading manufacturing plants are accomplishing this today by leveraging Cerebra – an Artificial Intelligence (AI) platform tuned for the Industrial Internet of Things (IIoT) in the specialty chemical industry.

Data ingested into Cerebra provides actionable insights, delivering visibility into all stages of the manufacturing process. Cerebra gathers data from the processes and identifies the key parameters influencing product quality — empowering manufacturing plants to consistently get product outcomes right the first time (i.e., without needing to rework the batch due to poor quality).

Watch this video to learn how Cerebra enabled Henkel, the world’s leading adhesive manufacturer to reduce its time taken for root cause analysis by 90%, achieve 95% accuracy in quality prediction, and win the 2018 Connected Plant Game Changer Award.

Since its inception, Cerebra has impacted over 15 countries — improving asset uptime and increasing operational efficiency for over 20 manufacturing plants and more than 100 process lines.

Ready to learn more? Let’s start a conversation. Send an email to websales@flutura.com, or visit our website and click on the “Request a Demo” button in the top right corner.

Industrial AI Trends and Predictions for 2019

Trend-1: Cambrian explosion of vertical AI solvers

More AI companies in 2019 are going to solve ultra-specific industry problems which are narrow and deep. For example, Flutura has created specialized drilling efficiency AI apps that reduce invisible loss time in the upstream drilling process. These are not generic, AI algorithms; these are deeply specialized to solve a high impact problem.

Why is this important? 

As deep learning algorithms become democratized, novel AI applications that solve a narrow and deep problem become more important than a horizontal AI platform which needs immense tuning for the industry context.

Trend-2: AI powered business models that create new revenue pools

In 2019, the adoption of the “as-a-service” business model will accelerate to the point where customers are not obsessed with owning an asset but instead, consuming a service. For example, Flutura is powering remote AI powered prognostics as a service where the end customer pays the OEM per asset per app per month.

Why is this important?

As AI accelerates and the cost of sensors plummet, creating new revenue pools using AI is going to be an even more attractive value proposition. This convergence of trends is going to put the “AI-as-a-Service” business model on an exponential growth curve.

Trend-3: AI fades into the background and autonomous operations rise to the foreground

In 2019, we are going to see AI fade into the background and see more of autonomous equipment which self-learn with its cognitive abilities. For example, Flutura is working with a large upstream OEM provider to make 60% of its upstream operations autonomous by 2025.

Why is this important?

This is very important because AI is not just generating insights to augment operations but is also playing a very active role in recommending a front line option and executing the same through control systems. This means higher efficiencies, lower costs and improved safety conditions in mission critical onshore and offshore operations. 

Thoughts?

Visit our website to start a conversation with us : www.flutura.com