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TVS Motor Company's Singapore arm invests USD 3.2 mn in Predictronics Corporation

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US based Predictronics Corporation specialises in providing end-to-end predictive maintenance analytics solutions

TVS Motor (Singapore), a wholly-owned subsidiary of TVS Motor Company, has signed definitive agreements to invest US$ 3.2 million in Predictronics Corporation, a US corporation, headquartered in Cincinnati, Ohio, which specialises in providing end-to-end predictive maintenance analytics solutions.

Predictronics' solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove the uncertainty from industrial operations and improve process uptime, production planning, maintenance, and product quality by providing actionable information and accurate predictions that empower clients to have a transparent, worry-free business. Their claim to fame is that We know what happens next, and so can you.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 17 2019. 13:14 IST