Strategic Partnership Leverages Hybrid Intelligence and AI to Boost Asset Performance

Strategic Insights -

Radix, a global technology solutions company, and Cognite, a globally recognized authority in Data and AI for industry, have formed a strategic partnership to accelerate the use of Artificial Intelligence (AI) and Hybrid Intelligence to streamlining and contextualizing data management and asset performance across various industries. The partnership aims to deliver optimal asset performance by pairing Cognite's leading Industrial DataOps platform, Cognite Data Fusion®, with Radix's expertise in engineering, data, and software technology, and operations.

The collaboration between Radix and Cognite has been ongoing for several years, and their combined strengths have resulted in innovative solutions for one of their most strategic customers. The partnership has shown that the combination of Cognite Data Fusion's innovative technology and Radix's engineering intelligence can help tackle the industry's longstanding problem of extracting key information from large data pools in non-integrated systems.

Key Takeaways:

  • The partnership between Radix and Cognite aims to accelerate the use of AI and Hybrid Intelligence to streamlining and contextualizing data management and asset performance across oil and gas, energy, petrochemicals, and manufacturing industries.
  • The partnership pairs Cognite's leading Industrial DataOps platform with Radix's expertise in engineering, data, and software technology, and operations to allow customers to intelligently analyze and extract critical information from their data.
  • The collaboration has resulted in innovative solutions for one of the most strategic customers, showcasing the potential of the partnership to deliver optimal asset performance.
  • The Industrial Applications Library, built on top of Cognite Data Fusion, will be showcased at Cognite Impact 2024, featuring solutions such as operational view on actionable insights, OEE monitoring and control, Preventative Insights for Monitoring, and Improvement Workflows for field process improvements and operational efficiency.
  • The partnership aims to deliver best-in-class technology solutions, utilizing AI and genuine intelligence for Cognite Data Fusion to optimize operational performance, promote energy efficiency, and improve previously unaccounted utility costs.
  • Radix and Cognite are proud sponsors of Cognite IMPACT 2024, the premier industrial data and AI conference, which will be held on October 14 to 15.

Statistics:

  • Cognite Data Fusion has been successfully used by one of the largest chemical manufacturing companies to leverage information from legacy data stacks and combine them into an integrated manufacturing portal.
  • Radix provides consulting, engineering, operations technology, and data and software technology solutions to industrial and non-industrial companies worldwide, with experience leading projects in more than 30 countries.
  • Radix has a global presence with 1,700+ employees across multiple countries, including North America, Europe, and South America.
  • Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers to access and understand complex industrial data, collaborate in real time, and build a better tomorrow.

Sources:

  • "Radix and Cognite Partner to Streamline Data Management and Asset Performance" (Source: mid-east.info)
  • "About Radix" (Source: Radix website)
  • "About Cognite" (Source: Cognite website)
  • "Cognite Impact 2024" (Source: Cognite website)