TVS Motor Singapore, a wholly-owned subsidiary of TVS Motor Company, India, agreements to invest US$ 3.2 million in Predictronics Corporation, based in Cincinnati, Ohio
Details are provided below:
- Predictronics specialises in providing end-to-end predictive maintenance analytics solutions.
- Predictronics solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning
- TVS Motor Company headquartered in India. It is a highly-reputed two and three-wheeler manufacturer
- Rajesh Narasimha, CEO of TVS Motor (Singapore), stated that, “We evaluated many companies globally providing Predictive Maintenance solutions and found Predictronics’ product offerings and solutions to be a clear differentiator. Their PDX platform collects and analyses big data with a goal of reducing unplanned down time, increasing productivity and improving product quality. We are hence happy to invest in and strategically partner with Predictronics as they continue to deliver business improvements for Fortune 500 companies while leveraging them for our businesses.”