Radix, a global technology solutions company, announced a strategic partnership with Cognite, the globally recognised authority in data and AI for industry. This partnership aims to accelerate the use of Artificial Intelligence, AI to streamline and contextualise data management and asset performance across oil and gas, energy, petrochemicals, and manufacturing industries.
The partnership pairs Cognite’s leading Industrial DataOps platform, Cognite Data Fusion, with Radix’s expertise in engineering, data and software technology, and operations to allow customers to analyse and extract information from their data, driving improvements in operational efficiency, uptime optimisation, and cost reductions.
Radix and Cognite have collaborated for the past several years, drawing on each other’s strengths to deliver innovative solutions for customers. The combination of Cognite Data Fusion’s technology and Radix’s engineering intelligence will help tackle the industry’s longstanding problem of extracting key information from large data pools in non-integrated systems.
By utilising hybrid intelligence with AI to intelligently sort through data in a more refined manner, companies will isolate problem areas and work on solutions with accurate timelines. This will be an advantage across business applications, such as energy optimisation, mass balance for production accounting, and inventory management for critical materials.
Hybrid intelligence also helps to accelerate access to data across various independent systems, making it easier to coordinate for quicker analysis and troubleshooting across industrial operations.
“Our partnership with Cognite has shown that we can bring unique expertise together to empower companies with the hybrid intelligent tools they need to get to the data that becomes valuable and actionable information,” said Flavio Guimarães, Global Head of Alliances and Practices at Radix.
“With Cognite Data Fusion, we help businesses streamline their data, thus helping to boost decision-making with real-time insights and drive cost reductions across the organisation.”
An essential example of the transformative power of Cognite Data Fusion is the work done with one of the largest chemical manufacturing companies. It highlights how Cognite Data Fusion, partnering with Radix Hybrid Intelligence using AI, can leverage information from legacy data stacks and combine them into an integrated manufacturing portal that presents the information in a much more accessible manner.
Radix has unveiled a set of industrial applications built on top of Cognite Data Fusion. With domain expertise and engineering intelligence, these selected industrial application solutions enhance scalability, usability, and overall value for users and businesses.
Some solutions will be showcased at Cognite Impact 2024 in Houston, Texas, including an operational view on actionable insights, OEE monitoring and control, Preventative Insights for Monitoring, and Improvement Workflows for field process improvements and operational efficiency.
“Cognite was founded to solve the industrial data problem and deliver simple access to complex industrial data,” said Laxmi Akkaraju, Chief Customer Officer at Cognite.
“Cognite Data Fusion liberates siloed data and enables reliable responses from Generative AI. By layering Radix’s expertise on top of our platform, we can identify the root causes of operational problems and empower our customers to solve some of their most complex business problems.”
“The Industrial Applications Library creates added value to the digital transformation journey helping companies to achieve optimal operational excellence and significant cost savings for our customers,” added Trudi Hable, Head of Strategic Alliances, North America at Radix.
“Radix’s expertise and intelligence will ensure that real-time information is being relayed to Cognite Data Fusion in an efficient manner, allowing for the right data to be brought to the right people.”
The strong partnership is poised to drive innovation and sustainability across industry. Cognite and Radix partner together to deliver best-in-class technology solutions that utilise AI and genuine intelligence for Cognite Data Fusion to optimise operational performance.
The collaboration helps promote energy efficiency and substantially improve previously unaccounted utility costs. Combining hybrid intelligence in asset performance with deep industrial intelligence accelerates a sustainable future.
Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide.
Cognite makes Generative AI work for industry. Energy, manufacturing, and power and renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and more profitable.