SymphonyAI launches IRIS Foundry, an AI-powered industrial data operations platform

SymphonyAI's IRIS Foundry unifies fragmented industrial data environments, enabling data contextualization and digital transformation for real-time insights, operational optimization, and streamlined decision-making (Image: Business Wire )

Manufacturers can quickly create robust predictive and generative AI industrial applications that reduce unplanned asset downtime, improve process efficiency, and power connected workforce operations.

Palo Alto, California, April 22, 2024–(Business Wire)–Symphony AI, Announced as the leader in predictive and generative enterprise AI SaaS IRIS (Industrial Reasoning and Insights Service) Foundryis an industrial data manipulation platform for rapidly creating robust digital industrial applications that improve process efficiency, reduce unplanned asset downtime, and empower connected workers. IRIS Foundry is powered by SymphonyAI's award-winning predictive-generating EurekaAI platform, which uses AI-enabled data contextualization at enterprise scale and is open and configurable.

Manufacturers face the challenge of connecting data silos across operations, businesses, and enterprises. The lack of a scalable approach to contextualize industrial data to derive insights and decisions is hindering the ability to grow revenue, increase productivity, and foster knowledge sharing. According to Deloitte's 2024 Manufacturing Outlook, 86% of manufacturing executives believe smart factory solutions will be the main driver of competitiveness over the next five years.¹.

“Safe and reliable operations are essential to remain cost-competitive and provide our customers with an uninterrupted supply of the materials they need to run their businesses. Using predictive AI models, we are already able to detect problems in advance. We detect anomalies and prevent unplanned outages,” said Ben Engels, Reliability Manager at Nippon Gas. states. “With the release of IRIS Foundry, we are excited about the simplicity with which we can extend the benefits of a flexible, integrated AI platform to additional equipment and sites.”

IRIS Foundry provides differentiated building blocks for industrial data management and governance needed to deploy AI-infused manufacturing solutions at enterprise scale. IRIS Foundry has pre-built connectors for extracting data from IT, OT, and enterprise data sources into multilingual Dataops storage, ensuring versatile processing and integration of multiple data contexts. Data is organized into structured asset hierarchies using AI-powered P&ID ingestion or through existing asset historian frameworks. This process is powered by advanced contextualization services that automatically map data to unified namespaces. The result is a dynamic industrial knowledge graph that simplifies information access and navigation. The IRIS Foundry Knowledge Graph is the foundational layer for rich analytics and insights, enabling IRIS co-pilots to interact with their user base and guide exploration and understanding of complex data landscapes. Industrial applications built on IRIS Foundry comply with data governance, auditing, and security standards.

“IRIS Foundry is a powerful industrial data operations powerhouse designed to transform the way industries manage and use data to deliver AI-powered real-time insights, optimized operations, and decision-making processes. platform,” said Prateek Kathpal, president of industry at SymphonyAI. “With IRIS Foundry, we are taking bold steps to use trusted predictive and generative AI solutions at scale to significantly and meaningfully simplify business transformation for our customers.”

Powering SymphonyAI's multifaceted relationship with Microsoft, IRIS Foundry, built on Microsoft Azure, brings contextualized industrial data into Microsoft Fabric to accelerate the integration of IT and OT data environments at enterprise scale. Masu. Additionally, to increase value capture from contextualized industrial data, IRIS Foundry's role-based industrial copilot integrates Azure OpenAI Service to help manufacturers quickly identify, diagnose, and target Enable corrective and mitigation actions to overcome operational obstacles.

“With its industrial expertise, SymphonyAI's IRIS Foundry enables rapid access to contextualized industrial data across the enterprise,” said Indranil Sircar, CTO of Manufacturing at Microsoft. . “Built on Microsoft Adaptive Cloud, Azure AI, and interoperable with Fabric, his IRIS Foundry’s predictive and generative AI use cases, such as improving asset performance, optimizing processes, and increasing energy efficiency, will It extends beyond the corporate world.”

Underlying large-scale language models in conjunction with productized generative and predictive AI capabilities, In addition to role-based co-pilots, IRIS Foundry offers ready-to-deploy domain models for a wide range of manufacturing industries.

“As AI and ML rapidly converge with industrial data operations, the combination of advanced predictive AI and integrated trusted datasets is fundamental. Generative AI with role-based co-pilots provides an interactive experience that allows users to instantly generate insights and take targeted actions. Sebastian Trolli, Research Manager and Global Head of Industrial Automation, Frost & Sullivan: “IRIS Foundry's data operations and SymphonyAI's deep industrial AI expertise provide industrial users with a clear path to intelligent operations that will revolutionize their business. We are in a unique position to provide this.”

IRIS Foundry offers a low-code, drag-and-drop user experience, easy integration with programming tools, and the ability to deploy in a variety of modes, from SaaS to private cloud customer-hosted models. Built on a lightweight architecture targeted for cloud and edge computing, the installation footprint synergizes with the manufacturer's operational technology (OT), information technology (IT), and external data ecosystems and spans hundreds of Includes pre-built connectors to reduce the effort of integrating industrial systems. data.

SymphonyAI will be holding a demonstration of the IRIS Foundry platform at Hannover Messe from April 22nd to 26th. To learn more about SymphonyAI and the IRIS Foundry platform, visit SymphonyAI at Microsoft Booth #G06 in Hall 17 during the conference.

About Symphony AI

SymphonyAI is building a leading enterprise AI SaaS company for digital transformation across the most critical and resilient growth sectors, including retail, consumer packaged goods, financial services, manufacturing, media, and business IT. SymphonyAI's verticals include many large companies as clients. Since its founding in 2017, SymphonyAI has rapidly grown to include his 3,000 talented leaders, data scientists, and other professionals. SymphonyAI is his SAIGroup company, backed by his $1 billion from Dr. Romeshwadhwani, a successful entrepreneur and philanthropist.