Southampton-based predictive maintenance tech firm Senseye has been acquired by Siemens.

Senseye claims its industrial asset intelligence solution enables a reduction in unplanned machine downtimes by up to 50% and increases maintenance staff productivity by up to 30%.

German manufacturing giant Siemens said it now owns 100% of the company and has assigned it to Siemens Digital Industries and part of the Customer Services Business Unit. 

Founded in 2014, Senseye’s software integrates with existing and new infrastructure. It uses machine, maintenance and maintenance operator behaviour data to understand the future health of machinery and what requires human attention. 

The solution is designed for maintenance operators and requires no previous background in data science or traditional condition monitoring.

“Senseye’s AI-based solutions complement our digital services portfolio driving efficient and scalable predictive maintenance,” said Margherita Adragna, CEO of customer services for Digital Industries, Siemens AG.

“This will allow us to offer highly flexible solutions to help our customers across many industries to determine the future condition of their machinery and hence, increase their overall equipment effectiveness.”

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Simon Kampa, CEO of Senseye, added: “Together we can multiply the full potential of Senseye’s innovative predictive technology and deep expertise. 

“Siemens’ global presence and extensive industrial knowledge will ensure that our current and future customers benefit from innovative, seamlessly integrated Industry 4.0 solutions to drive measurable business outcomes.”