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Augury is a business-to-business (B2B) company that develops a hardware and software solution to troubleshoot a machine through wireless sensors. The company's machine health solutions use sensors with artificial intelligence capabilities and collaboration tools to help understand when machines are at risk and what can be done to prevent failure. This is intended to help facilities and service companies reduce downtime, maintenance costs, and maintain productivity for machines. The company also works to provide expertise in order to prevent failures and help customers know what to do when a machine is at risk.
The company was established in 2011 by Gal Shaul and Saar Yoskovitz. It aims to help companies efficiently solve problems with the machines they use for business operations and to help manufacturers of these machines create better products. Augury is based in New York City, New York.
Augury's machine health AI platform works to predict failures and prescribes when and how to correct those possible failures. Wireless sensors are connected to equipment across industrial facilities, which transfer mechanical data securely to the cloud. Once in the cloud, the data is then analyzed by proprietary cloud-based AI and prescriptive insights are delivered to the maintenance or reliability personnel of a given organization.
The sensors of the system record readings from motors, compressors, pumps, and heaters, while processing vibration, temperature, and magnetism metrics. The data is then uploaded to the cloud. This technology is also built to improve with scale. The sensor measurements, captured at different spots in machines being monitored, are used to establish baseline readings in Augury's cloud backend. These baselines are then compared to the data collected from similar appliances in order to eliminate the need for the cloud backend to retrain models for each new machines.
The sensors used in Augury's platform are also certified for use in hazardous areas, with Class I Division 2 (C1D2) Group A,B,C,D and Class II Division 2 (C2D2) Group F and G certifications in North America. The hardware used is also certified for use across the globe and the platform can be deployed in a preferred language.
Augury works to help customers receive insights from reliability engineers and vibration analysts, to help increase overall reliability and help those customers ensure that they can meet overall organization goals. This includes pre-implementation consultation, which helps to determine a customers assets and how critical maintenance may or may not be. As well, Augury's analysts review any potentially alerts to protect customers and their protection. And the platform allows these analysts and reliability experts to communicate with customers to offer more context on a diagnosis or provide an expert opinion on a recommended fix.
Augury has partnered with HSB, a Munich Re company, to offer financially backed diagnostics and to provide protection for the machines and reduce the possible financial impact of unexpected downtime. The insurance coverage backs the repair or replace on equipment diagnosed by Augury's platform. This allows customers to benefit from a guarantee of up to USD$100,000 per machine.
Augury offers the company's platform for machines in the beverage, chemicals, consumer packaged goods, food, forest products, pharmaceutical, and pulp and paper products sectors.
Augury's customers have included Brooklyn Navy Yard, NYC Department of Education, Grundfos, PSG Dover, Trane, Carrier, Colgate-Palmolive, Hershey's, Heineken, Danone, Nestle, Roseburg, Bausch Health, Tnuva, ATI, Nefco, Bazan Group, and AICL. As well, Augury has planned to build a network of delivery partners, including ProPap in Germany, Caverion in Finland, Pluriserve in Italy, Nuveto in Latin and South America, and 42 North in North America, to supplement installations of the company's equipment.