UrsaLeo, Shiratech Partner to Advance Industry 4.0 Technologies
April 01, 2021
UrsaLeo, in partnership with Shiratech, announced the companies will collaborate to advance 3D Digital Twin, AI, sensor, and machine learning technology.
According to the company, the combination of the UrsaLeo platform with Shiratech's iCOMOX™ solution integrated into legacy equipment allows manufacturers to plan, predict, and prevent performance issues.
"For many manufacturers, replacing legacy equipment can cost anywhere from hundreds of thousands to millions of dollars and may not be necessary with machinery that already operates at a high-performance level," said UrsaLeo CEO John Burton, in a press release. "Many types of older assembly equipment can be IIoT-enabled quickly, easily and cost-effectively, which is why the collaboration with Shiratech is vital to help bring companies with older equipment into the world of Industry 4.0."
Relieving engineers and developers of the need to build advanced factories or invest in new equipment, the solution that stems from the collaboration is ideal for those looking to benefit from industry 4.0.