Nokia will partner with Poyry, an international consulting and engineering company, and Infosys to further enhance and accelerate the adoption of KRTI 4.0(TM), an artificial intelligence (AI) framework for operational excellence.
The KRTI 4.0(TM) framework applies AI, cognitive/machine learning and machine-to-machine (M2M) capabilities to the industrial environment and addresses complex and expensive lifecycle management challenges faced by industry, utilities, transportation and infrastructure organizations across operational technology (OT) systems.
KRTI 4.0(TM) uses predictive and prescriptive analytics, that empowers decision makers with real-time knowledge on the best and the most effective operating and maintenance options for their OT systems, leveraging tools such as real-time dashboards, RAMS (Reliability, Availability, Maintainability, Safety) modelling capabilities, augmented reality, chatbot functionality and more enabled by highly secure and reliable connectivity.
Richard Pinnock, President, Energy Business Group, Poyry, said, “In KRTI 4.0(TM) real-time data from critical assets is converted to information with innovative computing and business intelligent algorithms enabling proactive prescriptive decision making. This is the difference; and for this to be made possible, industrial-grade secure IoT connectivity is key. This is where Nokia steps in to bring market-leading IoT connectivity solutions and expertise to the KRTI 4. 0(TM) framework.”
Nitesh Bansal, Senior Vice President and Global Head of Engineering Services at Infosys said, “Through KRTI 4.0, we are focused on maximising the value that our clients are able to derive from their existing assets. We are pleased to have Nokia join this alliance, to accelerate the adoption of the framework at an enterprise scale, while ensuring security, legal and regulatory compliance.”