Canvass AI's New Platform Release Fast Tracks Value Creation for Industrials
New features make it easier for Industrial engineers to apply, explain, and scale AI within days
By: Canvass AI
According to Boston Consulting Group, only 16% of manufacturing executives have captured value from their operational data, of which only 37% have scaled AI beyond specific areas of the plant. Canvass AI v4.1 addresses this challenge with new features that empower users to extract insights from their data, evaluate model performance, and interpret and explain AI models faster. With these enhancements, Canvass AI customers are achieving time to value in days, not months.
Key enhancements include:
"Using AI is increasingly being seen as a strategic enabler required to future-proof the industrial sector," said Humera Malik, CEO of Canvass. "The latest release of the Canvass AI platform doubles down on our focus on empowering industrial engineers to accelerate the process of extracting value from their data to drive impact across their organization. Our commitment to investing in our platform is part of our vision to be the #1 AI platform that empowers industrial workforces to improve profitability and achieve net-zero commitments."
Canvass' customers span the food and beverage, chemicals, energy, metals and mining, oil and gas, pharmaceutical, and automotive sectors. The Canvass AI platform puts the power of industrial AI in the hands of engineers by providing an easy-to-use platform to apply and scale AI across their operations without requiring coding expertise or relying on third party consultants. It is purpose built to address industrial operational challenges, such as reducing carbon emissions, lowering costs, and energy optimization. For example, a leading Fortune 500 Canvass customer recently automated the optimization of its co-generation assets, which reduced the plant's greenhouse gas emissions and cut energy costs by 4% annually due to lower natural gas and water consumption. Visit www.canvass.io to book a personalized demo of Canvass AI today.