Falkonry, Inc., the leading enabler of predictive operations for Global 2000 companies, today announced it will be speaking at the 5th Annual IoT in Oil & Gas Conference on September 16-17 at the Hilton Americas in Houston. Highlighting the company’s success in the oil and gas industry, Falkonry will join a panel to discuss how its Falkonry LRS machine learning system has been used to detect, predict, and explain conditions preceding equipment failures, resulting in reduced unexpected downtimes and savings of millions of dollars annually. Falkonry will also be demonstrating a live deployment of a Falkonry Edge Analyzer in booth #221 at the show.
Falkonry Speaker: Mario M. Brenes P.E., Application Architect
Date/time: September 16, 2019 at 3:45 p.m.
Title of Presentation: Gaining ROI From Your Data and Utilizing the Edge for Real Time Actions
Location: Hilton Americas in Houston, Texas
“Machine learning has become a critical technology in the oil and gas industry because it can address issues where the complexity and scale exceeds the capabilities of conventional analytics,” said Dr. Nikunj Mehta, Founder and CEO of Falkonry. “Our oil & gas customers value that Falkonry LRS can be used by their process and operations engineers without requiring any data science expertise and deploy on premises, in the cloud or at the edge to scale with their needs.”
Falkonry is the leading enabler of predictive operations for Global 2000 companies looking to achieve significant improvements in the uptime, yield, quality and safety of their operations. Falkonry’s “pre-packaged” machine learning system, Falkonry LRS, enables operations teams to discover, explain and predict behaviors that matter, without requiring data scientists. The product, which can be easily scaled across the enterprise either on-premises, in the cloud or on the edge, has proven to deliver initial results in as little as three weeks, enabling customers to save several millions of dollars annually in operating costs and achieve a 5-10 times annual ROI. For more information about Falkonry and its offerings, please visit www.falkonry.com.