Driving reliability, efficiency and sustainability for energy and industrials
Baker Hughes (NYSE:BKR) has announced an investment in and a multi-year commercial alliance with Augury, a machine health solution provider, to deliver an expanded set of asset performance capabilities, providing connected data, analytics and insights into energy and industrial assets. The alliance builds on Baker Hughes’ existing asset performance management (APM) capabilities and domain expertise in critical industrial assets. Through the alliance, customers will now benefit from end-to-end visibility into the health and performance of their critical assets to balance of plant (BOP) machines, resulting in reduced downtime, increased availability, and lower maintenance costs. Extending Baker Hughes’ APM solutions with Augury’s machine health capabilities will also be important to Baker Hughes’ efforts to accelerate digital transformation and decarbonization in the energy and industrial sectors.
Baker Hughes currently offers APM solutions built on Bently Nevada’s System 1 cloud-enabled platform. Bently Nevada is a leader in critical asset condition monitoring and protection, and System 1 provides connectivity to both critical and essential machines, monitoring tens of thousands of machines for more than 1,000 global customers across heavy industrial segments. Augury’s machine health technology will integrate with System 1 and includes advanced sensors, artificial intelligence (AI) diagnostics, and a cloud-based platform.
Augury also brings significant domain expertise in BOP, including experience from the pulp and paper, pharmaceuticals, chemicals, and food & beverage industries. The companies’ combined expertise and offering will provide customers with a single, simplified view and deep insights into their entire fleet of industrial assets to drive visibility for reduced downtime and improved operational efficiency.
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