Mumbai, TVS Motor Company Limited said its wholly-owned subsidiary TVS Motor (Singapore) Pte. Limited has signed definitive agreements to invest USD 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’, a company release said.