SymphonyAI’s IRIS Foundry Named AI Impact of the Year Champion in Digital Engineering Awards

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PALO ALTO, Calif.--(BUSINESS WIRE)--Dec 11, 2024--

SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, has been named AI Impact of the Year Champion at the Digital Engineering Awards for its IRIS Foundry industrial AI data operations platform. The award recognizes IRIS Foundry’s success in helping manufacturers overcome critical data challenges and optimize operations through AI innovation.

Building on the strategic partnership with L&T Technology Services announced in July, SymphonyAI addresses manufacturers’ critical challenges through its industrial data operations platform, proprietary industrial LLM, AI copilots, and integrated knowledge graph. The industrial data ops platform, IRIS Foundry, unifies OT, IT, and engineering data in real time and uses AI/ML models for efficient and optimized operations. IRIS Foundry AI models have demonstrated exceptional impact in real-world deployments—one industrial gases manufacturer gained $3 million in production throughput across six sites, with critical failures predicted three days in advance.

“Manufacturing companies are struggling to unify their data estate and derive meaningful insights that can improve efficiency and reduce costs at scale,” said Prateek Kathpal, president of SymphonyAI’s industrial division. “IRIS Foundry’s selection as Champion validates our approach of combining predictive analytics with generative AI to solve real industrial challenges. Our customers are seeing measurable improvements in process optimization, productivity, equipment uptime, energy consumption, and quality control.”

“The partnership between L&T Technology Services and SymphonyAI is accelerating digital transformation across the industrial and manufacturing sectors,” said L&T Technology Services Executive Director & President – Mobility & Tech Alind Saxena. “IRIS Foundry’s innovative AI capabilities align perfectly with our mission to help enterprises build smarter, more efficient operations. This recognition reinforces the platform’s unique value in addressing critical industry pain points.”

The Digital Engineering Awards, co-hosted by ISG, L&T Technology Services, and CNBC TV 18, recognizes technology innovations driving sustainable business transformation. Winners are selected based on innovation, delivered value, and measurable impact in creating positive change through technology. SymphonyAI’s Champion status reflects IRIS Foundry’s proven success in leveraging AI to transform industrial operations.

About SymphonyAI

SymphonyAI is a leading enterprise AI SaaS company for digital transformation across the most critical and resilient growth verticals, including retail, consumer packaged goods, financial services, manufacturing, media, and IT/enterprise service management. SymphonyAI verticals have many leading enterprises as clients. Since its founding in 2017, SymphonyAI has grown rapidly to 3,000 talented leaders, data scientists, and other professionals. A 2024 Microsoft Partner of the Year for Business Transformation – AI Innovation, SymphonyAI is a SAIGroup company backed by a $1 billion commitment from successful entrepreneur and philanthropist Dr. Romesh Wadhwani. Learn more at www.symphonyai.com.

About Digital Engineering Awards

The Digital Engineering Awards bring together industry leaders to recognize outstanding achievements in the R&D domain, and to help global organizations give shape to their transformative ideas. The Awards are produced by L&T Technology Services in association with ISG, with CNBC TV18 as a media partner.

To know more on the Awards, visit www.digitalengineeringawards.com

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SOURCE: SymphonyAI

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PUB: 12/11/2024 07:00 AM/DISC: 12/11/2024 07:02 AM

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