Local AI software developer EOT has signed a multi-year collaboration agreement with Amazon Web Services (AWS), a subsidiary of $1.3 trillion e-commerce giant Amazon that provides on-demand cloud computing.
Founder & CEO
EOT, Inc.
“We are just a startup and AWS is huge,” EOT Founder and CEO Matt Oberdorfer said. “This is a big deal for us.”
Mission Valley-based EOT provides software to help industrial companies utilize AI to enhance individual assets and maximize efficiency. “The idea is to enable AI-optimized industrial plants,” Oberdorfer added.
EOT draws a comparison to self-driving cars, which require data optimization to function at their peak. Oberdorfer explained how industrial sights typically have a lot of sensors — like pressure sensors and temperature sensors — and several workers who keep them running.
“You can take the self-driving car idea and apply it to wind farms and solar farms because all these energy-mining industrial sights need a lot of optimizations. It’s the only way we can get carbon-neutral,” he said. “We provide the software to do that – software that takes data out of these sensors and puts them in a cloud then it trains machine-learning (ML) models and allows you to visualize them.”
Industrial Cloud Services
Cloud space generally offers the necessary amounts of storage and a strong enough computing power to carry out machine learning – that’s where AWS comes in handy. It’s a cloud provider. “AWS has launched specific cloud services for the industrial sector,” Oberdorfer said. “AWS has built these services that are customized for this industrial revolution.”
Director, Service Acceleration
AWS
EOT’s software will be available on AWS’ Marketplace, expanding EOT’s geographical reach.
Alan Braun, Director, Service Acceleration at AWS stated, «EOT is a trusted AWS Partner using AWS’s deep set of functionalities, proven reliability, and enhanced security. We are delighted to be collaborating with them to provide AWS and EOT customers with a pre-built, easy to use, and fast to launch edge-to-cloud IoT industrial data hub that allows customers to spend their time focused on outcome driven ML use cases. AWS and EOT’s shared priorities of customer focus and long-term thinking are central to the collaboration to provide further innovation, efficiency, and scalable growth to the industrial sector.”
Predicting Failure Before It Happens
Using EOT’s TwinFusion portfolio of products, the company says industrial users can leverage low-code AI-driven software to modernize the visualization of asset information and data. Oberdorfer explained, “We can do recommendations and predictions of failures so you can actually take a measure before something [happens] or goes down.”
Using EOT’s software, the company says clients can carry out tasks like creating an enterprise-wide Digital Twin Graph Asset Model that fuses metadata from operational, engineering and transactional sources into a single unified data architecture. The platforms can reportedly simplify ML and analytics-based decision-making to optimize business results.
Oberdorfer launched EOT in 2018. The company reports that its customer base represents more than $160 billion in revenue, $45 billion in fixed assets and 60,000 employees. EOT is currently seeking potential investors.
“Together – with AWS – we can reach a global scale better and faster,” he added.
EOT
FOUNDED: 2018
FOUNDER & CEO: Matt Oberdorfer
HEADQUARTERS: Mission Valley
BUSINESS: AI software
EMPLOYEES: undisclosed
VALUATION: undisclosed
WEBSITE: EOT.ai
CONTACT: 858-633-8822
NOTABLE: EOT Founder & CEO Matt Oberdorfer is writing a book titled The Trailblazer’s Guide to Industrial IoT – Upgrade your IT/OT infrastructure to utilize AI and ML.
