Falkonry Launches Falkonry LRS 2.0 Enabling Customers to Quickly Gain Actionable Insights from Operational Data
Summary
In field trials, Falkonry LRS 2.0 has provided unmatched performance, visualization and scale, enabling customers to realize rapid improvements in the uptime, quality, safety and yield of their industrial operations. “Users expect a responsive, scalable, consumer-grade experience, like online maps, when reviewing operational data,” said Dr. Nikunj Mehta, Founder and CEO of Falkonry. This will allow customers to quickly gain insights and solve real operational problems that can save millions of dollars annually.” According to a McKinsey & Company report, manufacturing digitization will boost industrial profit margins by 3-5 points - but only if the technologies can work at scale. The new Falkonry LRS product speeds up operational data review and machine learning results for customers and delivers significant benefits in three key areas. Falkonry’s “pre-packaged” machine learning system, Falkonry LRS, enables operations teams to discover, explain and predict behaviors that matter, without requiring data scientists.
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