UrsaLeo, an enterprise software company that enables users to visualise operational data in a photorealistic 3D representation of their facility or product, and Shiratech, a world-leading specialist in Industry 4.0-based condition monitoring and predictive maintenance technologies, today announced a collaboration to offer advanced 3D Digital Twin, AI, sensor, and machine learning technology. The combination of the UrsaLeo platform with Shiratech’s iCOMOX solution integrated into legacy equipment allows manufacturers to plan, predict, and prevent performance issues.
“For many manufacturers, replacing legacy equipment can cost anywhere from hundreds of thousands to millions of dollars and may not be necessary with machinery that already operates at a high performance level,” said John Burton, CEO of UrsaLeo. “Many types of older assembly equipment can be IIoT-enabled quickly, easily and cost-effectively, which is why the collaboration with Shiratech is vital to help bring companies with older equipment into the world of Industry 4.0.”
“The iCOMOX™ solution enables the precise monitoring of vibrations, magnetic-field, temperature, sound and current. Using advanced AI and machine learning technology on edge this innovative solution provides real-time data about machine health, which is relayed directly to the cloud for analysis and real-time issue resolution,” said David Vactor, Managing Director of Shiratech.
Industrial machinery is designed to be a workhorse and can often last for many years before needing to be replaced. Without having to build an advanced factory or invest capital in new equipment, the UrsaLeo/Shiratech solution is ideal for cost conscious executives looking to reap the benefits of Industry 4.0.