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New Version of Operational Machine Learning System

Falkonry, Inc., an enabler of predictive operations for Global 2000 companies, has announced a new version of its flagship operational machine learning system. "In field trials, Falkonry LRS 2.0 has provided enhanced performance, visualization and scale, enabling customers to realize rapid improvements in the uptime, quality, safety and yield of their industrial operations," said a company spokesperson.

"Users expect a responsive, scalable, consumer-grade experience, like online maps, when reviewing operational data," said Dr. Nikunj Mehta, Founder and CEO of Falkonry. "With Falkonry LRS 2.0, we provide one place for users to store, review and analyze all their operational data, where it can be used immediately. 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. Falkonry is enabling users to deploy such technology at scale.

As companies digitize their operations, manufacturing and process engineers need to review increasingly vast amounts of operational data that is spread across many sources. The new Falkonry LRS product speeds up operational data review and machine learning results for customers and delivers significant benefits in three key areas:

  • Performance: With a 100x improvement in inference speed, the product allows more data to be processed with fewer devices in edge deployments scenarios and allows vast amounts of historical data to be enriched
  • Visualization: By reviewing and managing all operational data in one place, users can see trends instantly over larger amounts of data and see model results and confidence levels alongside the explanation of how individual signals impact those results
  • Enterprise scaling: Simplifies large predictive operation applications across the enterprise by securely managing user access in large installations with support for Enterprise Single Sign-on and improving support for common data integration scenarios.

New capabilities and features enable Falkonry LRS 2.0 to:

  • Offer rich, responsive and unified visualization of signal data to ensure no user interface lag as the number of variables, density or volume of data increases. Intuitive gestures such as selection, zoom and pan provide a consumer-grade experience.
  • Speed up operational data review and machine learning so customers can intuitively find time periods in signals that deserve attention. Enables robust data ingest and improved management of events. Includes a data overview that identifies the total time range available in a datastream.
  • Scale up to growing enterprise needs by including enterprise security integration and a full view of operational data across the enterprise in one place. Users can run multiple trained models in production.

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