SKF acquires industrial AI company

January 2020 News

SKF has signed an agreement to acquire Presenso, a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso’s capability enables production plants to find and act on anomalies that were previously difficult to detect, automatically and without the need to employ data scientists. Presenso’s competence will be used to strengthen SKF’s Rotating Equipment Performance offering.

Victoria Van Camp, CTO and president, innovation and business development, says: “SKF is all about reliable rotation, technology leadership and solving real world challenges. Today, we are welcoming a team of world-class AI developers with a production-ready analytics solution into SKF. Together we will change the way industry looks at reliability and make AI an integral part of production.”

Presenso is based in Haifa, Israel.

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